Common use of Proper Form Clause in Contracts

Proper Form. The Eligible Bonds or Underlying Eligible Bonds are certificated securities in registered form, or are in uncertificated form and (i) held through the facilities of a Relevant System, or (ii) registered on the books of the issuer thereof;

Appears in 2 contracts

Sources: Master Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc), Master Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc)

Proper Form. The Eligible Bonds or Underlying Eligible Bonds are certificated securities in registered form, or are in uncertificated form and (i) held through the facilities of a Relevant System, or (ii) registered on the books of the issuer thereof;; and

Appears in 1 contract

Sources: Master Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc)