Security Account Control Agreement
Account – a record of a business transaction. If you buy something on credit, the company you`re dealing with creates an account. This means that it establishes a record of what you buy and what you pay for. You will do the same with all the customers you… Financial and Commercial Notes Eternal Documents – United States Also known as security documents. Loan documents in a secured loan transaction that insure the borrower`s obligations to the lender under the loan agreement. Accompanying documents include all documents that have an interest in security…… Law Dictionary Securities Account – United States An account on which a financial asset is credited or can be credited, pursuant to an agreement under which the financial institution that manages the account undertakes to consider as legitimate the person for whom the account is held… Dictionary Account Control Agreement Act – An agreement that perfects a creditor`s interest in a title account, while securities may remain registered in the owner`s name.
An account control agreement is used to establish a security interest that… Financial Terms and Terms General On the closing date, the issuer will have the effect of delivering to the custodian the proceeds of the issuance of the debt securities in accordance with the Securities Account Control Agreement. . On the reference date, the custodian will credit the Q-REMIC shares designated pursuant to clause c and the designated Q-REMIC interest account, pursuant to clause c). The issuer provided the agent with a fully executed securities account control agreement, under which the custodian agreed to comply with all of the agent`s instructions regarding the accounts without further approval from the issuer. United States – a republic in the N Western Hemisphere consisting of 48 countered states, the District of Columbia and Alaska in North America and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3.022.387 sq. mi. (7,827,982 sq km); with…