Corporate Action Instructions definition

Corporate Action Instructions means instructions delivered to Custodian by Electronic Means, other than e-mail. Corporate Action Instructions sent by facsimile shall be sent to the following number ▇▇▇-▇▇▇-▇▇▇▇ (which such number may be changed from time to time as Custodian may designate in writing).

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Corporate Action Instructions means instructions delivered to Master Custodian by Electronic Means, other than e-mail. Notwithstanding anything to the contrary herein, a party may at any time notify the other parties in accordance with this Agreement that any subsequent notice or other communication hereunder must be provided to it by e-mail transmission for a specified period of time or until further notice, and any notices or other communications delivered by means other than e-mail transmission during such time shall be ineffective. Such notice will not be effective unless it includes a valid e-mail address for the party requesting that notices and other communications be delivered by e-mail transmission. Such party will take reasonable steps to ensure the continued availability of such e-mail address for the receipt of notices and other communications hereunder and will promptly notify the other parties in accordance with this Agreement of a change or modification as to the e-mail address or its availability to receive notices and other communications. Notices or other communications sent by e-mail transmission will be deemed to have been delivered when sent, if sent during the recipient’s business hours, or upon the commencement of the recipient’s business hours, if sent outside of recipient’s business hours; provided that (i) any such notice by e-mail shall not be effective if a “bounce-back”, system error message or other notification of non-delivery is received by the sender and (ii) in such case the noticing party may provide notices and communications by any other means permitted under this Agreement or may attempt providing notice again by e-mail (and any such follow-up e-mail notice shall be effective under the terms set forth above so long as a non-delivery notice is not received with respect thereto).

Corporate Action Instructions shall have the meaning specified in Section 5(d) of this Agreement. The term “Depository” shall have the meaning specified in Section 6(d) of this Agreement. The term “Eligible Assets” shall mean cash and/or those investments of the type consistent with the requirements for authorized investments and admitted assets under the insurance laws in the Reinsurer Domiciliary State denominated in U.S. dollars; provided, that (i) each such investment that is a security is issued by an institution that is not the Grantor, the Beneficiary or an Affiliate of either the Grantor or the Beneficiary and (ii) such investments comply with the Investment Guidelines; provided, further, following the occurrence of a FMV Trigger Event, such assets shall also meet all requirements under the insurance laws of the Ceding Company Domiciliary State with respect to providing Reserve Credit to the Beneficiary. The term “Fair Market Value” shall have the meaning specified in the Reinsurance Agreement. The term “FMV Triggering Event” shall have the meaning specified in the Reinsurance Agreement. The term “FMV Triggering Event Certification” shall have the meaning specified in Section 9(a) of this Agreement. The term “Governmental Entity” means any domestic or foreign court or governmental authority or agency or any self-regulatory body. The term “Grantor” shall have the meaning specified in the preamble. The term “Grantor Authorized Officers” shall mean any two of the following officers: the President, Chief Financial Officer, Treasurer, Assistant Treasurer, any Executive Vice President or any Senior Vice President of the Grantor. The term “Grantor Withdrawal Notice” shall have the meaning specified in Section 2(b) of this Agreement. The term “Income” shall have the meaning specified in Section 4 of this Agreement. The term “Income Account” shall have the meaning specified in Section 4 of this Agreement.

Examples of Corporate Action Instructions in a sentence

If Customer elects (with Custodian’s prior consent) to transmit Written Instructions or Corporate Action Instructions through an on-line communications service owned or operated by a third party, Customer agrees that Custodian shall not be responsible or liable for the reliability or availability of any such service.
In order for Custodian to act, it must receive Customer’s Corporate Action Instructions, not later than noon at least two (2) Business Days prior to the last scheduled date to act with respect to such Securities (or such earlier date or time as Custodian may notify Customer).
Absent Custodian’s timely receipt of such Corporate Action Instructions, Custodian shall not be liable for failure to take any action relating to or to exercise any rights conferred by such Securities.
In order for Custodian to act, it must receive Customer's Corporate Action Instructions, not later than noon at least two (2) Business Days prior to the last scheduled date to act with respect to such Securities (or such earlier date or time as Custodian may notify Customer).
Absent Custodian's timely receipt of such Corporate Action Instructions, Custodian shall not be liable for failure to take any action relating to or to exercise any rights conferred by such Securities.
Absent Custodian's timely receipt of such Corporate Action Instructions in accordance with the timing provisions set forth in the previous sentence, Custodian shall not be liable for failure to take any action relating to or to exercise any rights conferred by such Securities.
Corporate Action Instructions Provides Internet-based instruction capability for U.S. and global voluntary corporate actions together with intraday notifications of voluntary corporate action events.
Any instruction given to the Trustee in connection with securities pursuant to Section 7 shall be given by Grantor’s exclusively by Corporate Action Instructions.
In order for Custodian to act, it must receive Customer’s Corporate Action Instructions, not later than noon (New York time) at least two (2) Business Days prior to the last scheduled date to act with respect to such Securities (or such earlier date or time as Custodian may notify Customer).
Corporate Action Instructions sent by facsimile shall be sent to the following number ▇▇▇-▇▇▇-▇▇▇▇ (which such number may be changed from time to time as Trustee may designate in writing).

More Definitions of Corporate Action Instructions

Corporate Action Instructions means instructions on a corporate action delivered to Custodian by SWIFT, any Electronic Access Service that provides corporate action instruction capability, or any other method agreed to in writing by the Custodian to accept Corporate Action Instructions. “Electronic Access Services” means such services made available by The Bank of New York Mellon or a BNYM Affiliate to Customer to electronically access information relating to the Accounts and/or transmit instructions.