Examples of Securities Account Agreement in a sentence
While the leverage described above presents opportunities for increasing total return, it has the effect of potentially increasing losses as well subject to limited recourse and non-petition provisions contained in a side letter to the Securities Account Agreement from the Securities Account Provider to the Issuer, Trustee, and Broker Dealer of Record for the benefit of the Issuer.
The Portfolio Manager shall be obliged to manage the buying and / or selling of Securities pursuant to the Securities Account Agreement and the Portfolio Management Agreement.
This BB&T Securities Account Agreement designates that You will settle all transactions through Your cash sweep.
A “Securities Account Default” refers to the Issuer being in default under the Securities Account Agreement, and would include the Issuer being in breach of its obligations pursuant to the Securities Account Agreement, the Issuer becoming insolvent or if analogous proceedings are instituted against the Issuer.
An executed counterpart of the Portfolio Management Agreement, the Collateral Administration Agreement, the Securities Account Agreement and the Administration Agreement.