Examples of Pledged Account in a sentence
Bank is hereby authorized by the Contractor to endorse in the Contractor’s name any such check or warrant so that Bank may receive the proceeds thereof and invest the same and deposit such proceeds into the Pledged Account.
Upon payment of the amount calculated by this bank, the Pledged Account Custodian may obtain the necessary release.
SPPA Acceptance Agreement means an acceptance agreement to Euroclear’s Single Pledgor Pledged Account Terms and Conditions (Pledgee’s Representative Version) among the US Non-Resident Investor as pledgor, B3 as pledgee and Euroclear with respect to the SPPA, as amended, supplemented, replaced or modified from time to time.
In order to transfer Client Pledged Eligible Collateral to LCH SA, in order to satisfy a request made in accordance with Article 4.3.2.1(i) of the CDS Clearing Rule Book, the Defaulting Clearing Member must provide LCH SA with its consent to the debit of Client Pledged Eligible Collateral from its Client Pledged Account by Euroclear, pursuant to an instruction of LCH SA, and credit of the Client Pledged Eligible Collateral to be credited to the LCH Client Securities Account.
The Company shall be responsible for payment to the successor Custodian and Paying Agent of all fees and expenses of the successor Custodian and Paying Agent and any fees and expenses for transferring Custodial Documents and funds deposited in the Accounts to the successor Custodian and Paying Agent except with respect to the Private Owner Pledged Account, the fees and expenses with respect to which are to be paid by the Private Owner.