Laserfiche WebLink
verpon a.so t <br />PFIYSIGL SECUR7TIF5 <br />Loauon: SPNTCo. 2 Rector St..NY,NY, a as anervnse oonxntetl to to wintutg q Cussotlun <br />Timtng for Delnena: By t:00 p.m., unless o[nerwsc wnxntca to m vmnng q Cuuotlun <br />lOOK•ENTRY SECURr17E5 <br />Lonuon: FABNY, d as ahcrwse consented to m wtnng q Custotlun <br />Timing (or tlusvenet From opening anal case of FRB'cY secunua transfer wire <br />CLEaRING CORPORATION SECURITIES <br />Lonuor. The ueanng mrponuon. as approprute. or avanervnsc eonsemea to to vrrtung q Custotltan <br />Timing for tlarvenu: From opcmng unw the ame or tnnsaatorss for tM relevant cteanng wrporauon <br />CASH <br />Lonoon: FRBNY <br />Timing for aelnenes: From Opening untsl close of FRBNY money tnnster wire <br />Tn.oarry C~stoay rieoo <br />TDe account oeslgnanom, loo[sona. ana nine penods may De amctstle0 hom tune ro vine q mutwl oorssem of Custodan ana Sear. <br />NI secunna 0eltvere0 to Custotlun shall De m negauDk form ana shall Dc Securnks. <br />6. EFFELTING TRAVSACT10N5 <br />a P •..~h~•t=_ SuD)en [o tnc tcmu or tau Agreement, pear [o tnc trot of FRHNY marry tnuutcr wire on the Purchase bate for ~rn <br />Transacuon. Cwtoaun stall tnnster to Sever nsn from Buyer'r Amount N an amoum egwl to the Purchase Pea antl wncurrcnti. sou.; <br />vansfer from Sencr's accoum to Buyer's ACCOUm Sccun[tes m acmrmna McD Seller's Itu[rutssoDS M[b rapes to with Tnnuctton sac <br />the following provutons: <br />(t) PAysinl Secunnes. CuHOtltan shall oDYnl antl eamme Pnystnl Seannes dclneretl q Seller ono WV actennsne loaf ;nt nen:i <br />rcarvetl. or iocnttfied q Custoaun on Detutf of Stllcr. are (a) m ncgaube form. (B) of the type, gwn[sry ono anetwue on tnev lace <br />conform so those spenfiea m Setter's lnstn+asons. and (C) Seantta. In the event the veins arc na to negauDk form (or onerous <br />rnnsfemnk), or Oo not conform to Server's Instruaam, a 0o not oonunuu Secunun, CuROauo shall promptry nosh Seller. <br />(ii)Boot•Emry Secunua. Custodan shall vertu the gwnun antl tlesmpton of Hootc•Entry Seantse speafka m Seller's Iruwatoro. <br />a taenufiea q Custoaun on behalf of Seucr, and htb m Sclkr's account ana cull determux tDat they arc Seantta. <br />(m) Ckanng Corpontwn Sccvnua. Cuuodun stun venfy the quanury ono dactpton of Ckanng Curpontton Sccunues spenGed <br />m Seller's Instrucuom, or iaenufiea q Ctsstaaun on Oenalf of Seller, ana new m Seller's Amoum and WII aetcrnune tint they are Srunues <br />(tv) Esctuston of Secun[us. Cussodun shalt satfude from the tktermsnatson of Margin Value items rrDteD are not m negattabtc torn <br />or are nor Stcunoes. To the eaenl speafiW an E:ntbt A t.ssY000n shall rcN Orr Seller's detemunatson tfu[ seetsn[ks, fmanetil mstrumenu. <br />or other property arc Secunna. Custotlsan r+uu rcwm so Seller aq hem rtfar u na in negauae form a u na a Scasnry. <br />D. Ma'k t V t •! er eKLI'1tIK ^ed Purrh.r,A e..+~titlei Calloaun atlag Octermtrk tfle Harter Value of Savntse q reference to me <br />pnnng somas set torte on I:arltDlt C, a, in tDe toot of taab, Darters' saepuDas. tOfnraereul paper, acct artttfota of depou[. me tau <br />amoum a par value snarl b: aecmeo the Martel Value. It s utsoersttsoa and agrees tlut 1DC prtm pewtaea sDall Ise thole paces quotes q <br />such setvsas at the Use of Dueness an t1k prevsow Buatoes Day If a pnaag Krvltle bas to provide pea usfoecutton on any day, Custodan <br />snau use the most currcm prsa mfomutson provtaeo q wds prang soma. <br />C Detrrmfn.tiee er M.~ Velum For purpose Of tbi Agreement, CWlaoiatl Itiag determine Ibe then agjrepte Maryn value of 711 <br />Secuntks to De tramferreo to « held in Buyers AmouDt Mtn r*+4eR ro a Tnrssaasoo q GrssasDg tDe then aggreple Harter Vawe of such <br />Secunues (oerctmmed under Pangrape 6.D) by tDe Margin Peranuga. Such Margin Vuue of Seantw slug equal a rateea the Purcnau <br />Prta to Dc Pab q Buyer a prwtoea m Sellers Inatruasorr. <br />d. Avis.et r-~.r ... n.t~ praaided tDC agpepte Harter Mlue of all Sauntte to De traoshrted soar Dell le Buyer's Asmunt with <br />respen to • Trarssaasoo squat a m,eeds tDe Margin Value of Seanstn in De hero Mlb rapes t0 wch'Raeaetce, Cuatoaun snarl lranster <br />with Secuntsa hom Seller's Anwnt to Bsrysrs AaOUm and shall asbutx from Buyers Aomuat to Severs Atlmuu (a web aher acooum <br />wucn Seller soul auea) ass m as amoum equal b the PurCUSe Pea. <br />a ggyryRh_y n.s_- On tde Repurenue Due !br soy ~ansaasaa, Buyer Dersq imww Custodian r0 teDder rn Seller t!k Purcnasea <br />SetLntka ortxd q Custodian b Buyers Amouot Mtn napca in weD'Qanaaann ono to tramfer tDe Putcoase0 Seanties Dom Buyer's <br />Account to Seller's account. Seller DercDP tasttvas Custotan n tDe tame pursbased Seeunne are traoskrred in Sellers Aocoum to mace <br />peymeet to Buyer of tDe Repurchase Pea Dy tkDtung rain tram Severs Ass~unt sad aetiuDg ose w Buyers A00Dttnl. ALL tnnsten of <br />con slue D< in tmtyteduteh avatuble funo~ <br />L T.r~ r~••rrie.- If CuMOdian s uDaDk w mmpkse a ~amearon as graded in PangrapDs 6.d ar 6.e Deouse Seller Dos tulca to <br />provsde snswatoro as requited q ParcgrapD Sa a enlser Buyer a Seller tsars tasted to arraDge far the tra0tt dwttioebt con ar Secunues <br />to its raptnne aotswnr, Custoaun WII prompth holy Seller and aMUt rttodittutson of Seller's InNnsasam or tDe teatpt of fanner can <br />ar Secuntsa as Seller matt drreet. It Cuuodun Dos tKx teottvea tDOdstkd Sellers lhstnsasooa bf tDsny (303 tDinme poor to she close Of <br />b <br />