Custody Accounts Sample Clauses

Custody Accounts. The power to draw, endorse, and deposit checks in the name of the Funds in connection with the filings of the Fund’s shares with state securities administrators.

Custody Accounts. 8.1.1 The Custodian shall maintain a securities custody account in respect of the Series 03-1 MTN, the details of which shall be set out in Schedule 2 (the "CUSTODY SECURITIES ACCOUNT"). 8.1.2 The Custodian shall maintain the cash proceeds of the Series 03-1 MTN in a cash custody account the details of which will be set out in Schedule 2 (the "CUSTODY CASH ACCOUNT") which the Custodian will credit with income received pursuant to Clause and debit with payments made pursuant to Clause . 8.1.3 The Custodian shall accept for safekeeping and deposit to the credit of the Custody Securities Account the Series 03-1 MTN which may from time to time be delivered to it for such purpose. 8.1.4 At all times while the Series 03-1 MTN is credited to the Custody Securities Account, the Custodian shall deal with the Series 03-1 MTN or book entry interests in accordance with the terms of this Agreement and the Deed of Charge.

Custody Accounts. 3 3.3 Appointment of Sub-Custodians......................................... 4 3.4

Custody Accounts. The Trust Allocated Account and the Trust Unallocated Account maintained by the Initial Custodian for the Trust, and (b) such other account maintained by a Custodian for the Trust pursuant to a Custody Agreement.

Custody Accounts. The Client authorizes, approves and directs the Custodian to establish and maintain on its books, in the name of the Client as the entitlement holder, pursuant to the terms of this Agreement the following accounts, and Xxxxxxxxx agrees to act as custodian of Client’s assets held in such accounts subject to the provisions of this Agreement: i. one or more custody accounts for the receipt, safekeeping and maintenance of Eligible Assets (each a “Digital Asset Custody Account”); and ii. one or more cash accounts (each a “Cash Custody Account”, and, together with the Digital Asset Custody Accounts, the “Custody Account”), each corresponding to a Digital Asset Custody Account, to hold cash and monies received for deposit for the account of the Client (“Cash”) in accordance with the terms of this Agreement.

Custody Accounts. The Client authorizes, approves and directs the Custodian to establish and maintain on its books, in the name of the Client, pursuant to the terms of this Agreement: i. one or more custody accounts for the receipt, safekeeping and maintenance of Eligible Assets (each a “Digital Asset Custody Account”); and ii. one or more cash accounts (each a “Cash Custody Account”, and, together with the Digital Asset Custody Accounts, the “Custody Account”), each corresponding to a Digital Asset Custody Account, to hold cash and monies received for deposit for the account of the Client (“Cash”) in accordance with the terms of this Agreement. Cash held for the Client in Cash Custody Accounts may be held by the Custodian in an omnibus, non-interest bearing cash account, along with the Cash of other customers of the Custodian, at an unaffiliated depository in the name of the Custodian, specifically designated for the purpose of holding funds of the Custodian’s customers. The Custodian may hold Cash in a Cash Custody Account subject to and in accordance with applicable local law, rules or practices. The establishment of the Custody Account in the name of the Client shall be subject to successful completion of the Custodian’s screening procedures.

Custody Accounts. As to each Portfolio, the Custodian shall open and maintain in its trust department a custody account or accounts in the name of the Trust coupled with the name of such Portfolio, subject only to draft or order of the Custodian, in which the Custodian

Custody Accounts. The Borrower will maintain all its assets in the Custody Account.

Custody Accounts. The Custodian shall open and maintain in its trust department a custody account in the name of the Trust, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Securities, cash and other assets of the Trust which are delivered to it.

Custody Accounts. 3.1 The Custodian is authorised and instructed to open and maintain in its books: 3.1.1 one or more securities accounts in the name of the Issuer for the custody, in accordance with the terms of this Agreement, of the Securities deposited with the Custodian (each a "Custody (Securities) Account" and references to "the Custody (Securities) Account" shall, where applicable, be construed as references to each such Custody (Securities) Account). The details of each Custody (Securities) Account shall be set out in the applicable Supplemental Trust Deed; and 3.1.2 one or more cash accounts with the Custodian in the name of the Issuer for all Cash (each a "Custody (Cash) Account" and references to "the Custody (Cash) Account" shall, where applicable, be construed as references to each such Custody (Cash) Account, each Custody (Cash) Account together with each Custody (Securities) Account, the "Accounts"). The details of each Custody (Cash) Account shall be set out in the applicable Supplemental Trust Deed. Cash held for the Issuer is held by the Custodian as banker and not as a trustee under the Client Money Rules, save as provided in Clause 3.2 below. If the Custodian fails, the Client Money Distribution Rules will not apply to such Cash and so the Issuer will not be entitled to share in any distribution under the Client Money Distribution Rules. 3.2 There are limited circumstances in which the Custodian may hold certain sums as client money for the benefit of the Issuer in accordance with the Client Money Rules. These circumstances are limited to the requirements under the Client Asset Rules pursuant to which the Custodian may be required to segregate certain sums from the Custodian’s own funds as client money in certain cases where the Custodian has identified a shortfall in the number of client securities held by or for it. Such segregation will continue until such time as the relevant shortfall has been resolved at which point the Custodian will re-appropriate such money. Such client money amount will be held in accordance with the Client Money Rules on behalf of the Issuer, to the extent that the Issuer is affected by the relevant shortfall. In the absence of the Custodian’s failure, such segregation does not create a cash entitlement of the Client against the Custodian. If the Custodian fails, the Client Money Distribution Rules will apply to any such money held as client money by the Custodian. Client money will be held with a third party bank or banks. T...