12 Apr Securities Account Control Agreement Entitlement
1. A security interest of an insured party that controls real estate in accordance with the provisions of Section 9-106 takes precedence over an insured party`s security interest that has no control over investment property. (iii) where the insured party has been given control of another person in accordance with section 8-106, d) (3), the date on which the priority in this paragraph would be justified if the other person was the insured party; or (5) The interest in the safety of a registered certified warranty, perfected by supply in accordance with Section 9-313 (a) and not by control of Section 9-314, takes precedence over a contrary security interest, perfected by a method other than control. (i) where the insured party has obtained the control covered by paragraph 8-106, point (1), the insured party becomes the person for whom the title account is held; (ii) where the insured party has obtained control under Section 8-106 D (2), the agreement of the securities intermediary to fulfill the orders of the secured party with respect to the flight rights transferred or transported to the securities account; or 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 conditions (A) when security is a security that obtains control; 3. The interest of a stockbroker held by a stockbroker in an asset or securities account is higher over a conflicting securities interest held by another insured party.
U.S. Title Account 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 conditions of sale (2) Unless the contrary provision of paragraphs 3 and 4: the competing security interests held by the insured parties who, in accordance with Section 9-106, each control the priority of the time of: (C) where the guarantee is a goods contract with a goods intermediary, the performance of the control obligation covered by Section 9-106 ,b) 2), with respect to goods contracts or with the goods intermediary. (6) The conflicting security interests created by a broker, stockbroker or commodity intermediary, perfected unchecked according to sections 9-106, are the same. (B) if it is a guarantee that is called security document on a title account and security securities – the United States. Loan documents in a secured loan transaction that insure the borrower`s obligations to the lender under the loan agreement.