Acceptable Custodian definition

Acceptable Custodian means any entity organized under the laws of the United States (with the) that has been approved as an Acceptable Custodian from time to time under the Senior Credit Facility (and if the Senior Credit Facility is no longer outstanding, as approved by the Board of Directors of the Issuer and at least two (2) Class 3 Directors) and that has entered into an Acceptable Custodial Agreement. For the avoidance of doubt, as of the Issue Date, only Coinbase Global, Inc. constitutes an Acceptable Custodian.
Acceptable Custodian means any entity organized under the laws of the United States that has been approved as an Acceptable Custodian from time to time under the Senior Credit Facility (and if the Senior Credit Facility is no longer outstanding, as approved by the Board of Directors of the Issuer and at least two (2) Class 3 Directors) and that has entered into an Acceptable Custodial Agreement. For the avoidance of doubt, as of the Issue Date, only Coinbase Global, Inc. constitutes an Acceptable Custodian.
Acceptable Custodian means a financial institution which:

Examples of Acceptable Custodian in a sentence

  • This pricing information is being provided for informational purposes only, may be subject to change or negotiation by a particular Acceptable Custodian and does not constitute an offer on the part of any Acceptable Custodian to enter into any contract or agreement.

  • Further, the Debtors shall ensure that inbound coins from DeFi, staking rewards, and user deposits shall continue to be placed with the Acceptable Custodian, and be subject to the same controls as all other Cryptocurrency as set forth herein.

  • The Parties agree that the names of the Authorized Individuals and the Acceptable Custodian shall remain confidential except on an as-needed basis.

  • The Acceptable Custodian shall not implement any transfer of Controlled Cryptocurrency unless (i) authorized by the requisite Authorized Individuals as set forth in paragraph4 above and (ii) approved by the Special Committee of Celsius Network Ltd.

  • In fact, as we show in the supplementary materials, we do not find this relationship.

  • Of course, there are uncertainties But, all in all, I feel it is worth investing themoney into the now project.”In the discussion which followed, Mike Casey added that IEEE currently charges $90 per page on editing, LaTeX to XML conversion and PDF generation.

  • On or before the Transfer Date, the Debtors shall coordinate with Fireblocks and the Acceptable Custodian to distribute new Account Keys to any new Authorized Individuals, as reconstituted consistent with this paragraph 1.

  • If the Debtors and the Committee have not reached agreement on an Acceptable Custodian by September 23, 2022 or such later date as may be agreed by the Debtors and the Committee (e-mail being sufficient), then the Debtors may submit their proposed Acceptable Custodian for approval and the Court shall determine whether the Debtors’ proposed Acceptable Custodian shall be approved.

  • Prior to the transfer of the Account Keys to an Acceptable Custodian, the Debtors agree that any transfer of Controlled Cryptocurrency must receive prior approval by the Special Committee of Celsius Network Ltd, with notice given to the Committee prior to such approval.


More Definitions of Acceptable Custodian

Acceptable Custodian means any institution organized under the laws of, and operating in, the United States that has been approved in writing by the Collateral Agent (with the consent of the Trustee, acting in accordance with Section 6.02 hereof). As of the Issue Date, each of (i) Coinbase Global, Inc. [(ii) Galaxy, (iii) FalconX, (iv) BitGo, (v) Anchorage, (vi) Fireblocks, (vii) Gemini, and (viii) NYDIG] shall be an Acceptable Custodian.
Acceptable Custodian means (a) any of (i) Coinbase Global, Inc., (ii) Cumberland, (iii) Wintermute, (iv) SDM, (v) Galaxy, (vi) FlaconX,
Acceptable Custodian means (a) Any entity legally authorized to massively and habitually raise money in the Republic of Colombia, whose risk rating is at least AA+ by Xxxx and Xxxxxx or its equivalent under other risk rating agencies’ systems; (b) The ordinary common fund managed by the Trust Company; and (c) Any entity authorized to collect deposits in United States dollars or in euros whose risk rating is A+ by Standard & Poors or any equivalent rating from Moody’s.
Acceptable Custodian any entity organized under the laws of the United States that has been approved as an Acceptable Custodian in writing by the Required Lenders or the Collateral Agent (at the direction of the Required Lenders) and that has entered into an Acceptable Custodial Agreement. For the avoidance of doubt, as of the Closing Date, only Coinbase Global, Inc. constitutes an Acceptable Custodian.
Acceptable Custodian means (a) any of (i) Coinbase Global, Inc., (ii) Cumberland, (iii) Wintermute, (iv) SDM, (v) Galaxy, (vi) FlaconX, (vii) BitGo, (viii) Anchorage, (ix) Fireblocks, (x) Gemini, and (xi) NYDIG, or (b) any other custodian approved by the Board of Directors.

Related to Acceptable Custodian

  • Sub-Custodian means and include (i) any branch of a “U.S. bank,” as that term is defined in Rule 17f-5 under the 1940 Act, and (ii) any “Eligible Foreign Custodian” having a contract with the Custodian which the Custodian has determined will provide reasonable care of assets of the Fund based on the standards specified in Section 3.3 below. Such contract shall be in writing and shall include provisions that provide: (i) for indemnification or insurance arrangements (or any combination of the foregoing) such that the Fund will be adequately protected against the risk of loss of assets held in accordance with such contract; (ii) that the Foreign Securities will not be subject to any right, charge, security interest, lien or claim of any kind in favor of the Sub-Custodian or its creditors except a claim of payment for their safe custody or administration, in the case of cash deposits, liens or rights in favor of creditors of the Sub-Custodian arising under bankruptcy, insolvency, or similar laws; (iii) that beneficial ownership for the Foreign Securities will be freely transferable without the payment of money or value other than for safe custody or administration; (iv) that adequate records will be maintained identifying the assets as belonging to the Fund or as being held by a third party for the benefit of the Fund; (v) that the Fund’s independent public accountants will be given access to those records or confirmation of the contents of those records; and (vi) that the Fund will receive periodic reports with respect to the safekeeping of the Fund’s assets, including, but not limited to, notification of any transfer to or from a Fund's account or a third party account containing assets held for the benefit of the Fund. Such contract may contain, in lieu of any or all of the provisions specified in (i)-(vi) above, such other provisions that the Custodian determines will provide, in their entirety, the same or a greater level of care and protection for Fund assets as the specified provisions.

  • Approved Custodian means a pool custodian or other Person that Lender deems acceptable, in its sole discretion, to hold Mortgage Loans for inclusion in a Mortgage Pool or to hold Mortgage Loans as agent for an Investor that has issued a Purchase Commitment for those Mortgage Loans.

  • Note Custodian means the Trustee, as custodian with respect to the Notes in global form, or any successor entity thereto.

  • Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.