Cash Custodian definition

Cash Custodian means The Bank of New York Mellon and any substitute or additional custodian of the Trust's cash pursuant to a written agreement with the Trust or Administrative Trustee on behalf of the Trust.
Cash Custodian means an entity designated to act as custodian of the Trust’s cash pursuant to a written agreement with the Trust or Sponsor on behalf of the Trust.
Cash Custodian means UMB Bank, N.A., together with its permitted successors and assigns, or any other Person from time to time engaged by the Trust to assist with custody of the Trust’s U.S. dollars.

Examples of Cash Custodian in a sentence

  • The Authorized Participant acknowledges that the Digital Asset Custodian and the Cash Custodian may reject any deposit property which is subject to applicable sanctions and anti-money laundering laws.

  • The Sponsor has agreed to assume and pay the normal operating expenses of the Trust, which include the Trustee’s monthly fee and out-of-pocket expenses, the fees of the Trust’s regular service providers (Cash Custodian, Ether Custodian, Prime Execution Agent, Marketing Agent, Transfer Agent and Administrator), Exchange listing fees, tax reporting fees, SEC registration fees, printing and mailing costs, audit fees and ordinary legal expenses.

  • The Authorized Participant will make itself and its employees available, upon request, during normal business hours to consult with the Sponsor, the Administrator, the Digital Asset Custodian, and the Cash Custodian or their designees concerning the performance of the Authorized Participant’s responsibilities under this Agreement.

  • The Authorized Participant shall be responsible for (i) a transaction fee for each Order to create or redeem Creation Units, (ii) transfer, processing and other transaction costs charged by the Digital Asset Custodian and/or Cash Custodian in connection with the issuance or redemption of Creation Units for such Order (“Custody Transaction Costs”), and (iii) any other expenses, taxes or charges (such as stamp taxes or stock transfer taxes or fees).

  • By placing a purchase order, an Authorized Participant agrees to deposit ether with the Ether Custodian or an equivalent amount of cash with the Cash Custodian.


More Definitions of Cash Custodian

Cash Custodian means Woodside Corporate Services Limited, authorised and regulated by the FCA under firm reference number 467652, and whose registered office is at 4th Floor, 00 Xxxx Xxxx, London EC3R 7QR;
Cash Custodian means Woodside Corporate Services Limited, authorised and regulated by the FCA under firm reference number 467652, and whose registered office is at 4th Floor, 50 Mark Lane, London EC3R 7QR.
Cash Custodian shall have the meaning ascribed to it in the Procedures.
Cash Custodian means any other Person from time to time engaged to provide custodian, security or related services to the Trust’s cash assets pursuant to authority delegated by the Sponsor.
Cash Custodian means State Street Bank and Trust Company, or any other Person or Persons from time to time engaged to provide custodian, security or related services to the Trust with respect to non-bitcoin assets pursuant toa written agreement with the Trust or Sponsor on behalf of the Trust.
Cash Custodian means the Bank of New York Mellon, in its capacity as the Trust’s Cash Custodian.
Cash Custodian means UMB Bank, N.A. or any other Person from time to time engaged to provide cash custodian services or related services to the Trust pursuant to authority delegated by the Sponsor.