Crypto Custodian Wallet definition

Crypto Custodian Wallet means for each Specific Series, the accounts created, controlled and secured by the Crypto Custodian associated with the account identifiers (the “Crypto Custodian Wallet Identifier(s)”) specified as such and set out in the Schedule, which include one or more cryptographic asset wallets that hold the Crypto-Asset, which are subject to the security interest granted hereby, and any successor account to any such account, whether maintained by the initial Crypto Custodian or maintained by any successor Crypto Custodian.
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Crypto Custodian Wallet means the accounts created, controlled and secured by the Crypto Custodian associated with the account identifier to store the Crypto-Asset and any other supported crypto- asset or digital asset which results from the fork of, split of or airdrop on the blockchain of the Crypto-Asset which is made available to the Issuer, which include one or more cryptographic asset wallets that hold crypto-assets or any other digital asset.
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Crypto Custodian Wallet means a Crypto-Asset account or accounts operated by the Crypto Custodian on behalf of the Issuer, where the assets are held in an omnibus blockchain wallet and which are (i) segregated from the assets of any other customers of the Crypto Custodian and from any other assets of the Issuer via a segregated account system; and (ii) are pledged as security in favour of the Bondholders pursuant to the Collateral Documents;
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Examples of Crypto Custodian Wallet in a sentence

  • On or about the Issue Date, the Grantor shall enter into an agreement, in form and substance satisfactory to the Secured Party, among the Secured Party, the Crypto Custodian and the Grantor, and any additional parties, which agreement shall be effective to grant to the Secured Party control over the Crypto Custodian Wallet.

  • The Crypto Custodian shall maintain the Crypto Custodian Wallet in accordance with the terms of the Custodial Services Agreement to the extent such terms do not conflict with the terms of this Agreement, and to the extent that any such terms do conflict, the terms of this Agreement shall govern and shall over-ride the terms of the Custodial Services Agreement.

  • The Crypto Custodian hereby acknowledges that it has been advised of the Issuer’s grant to the Collateral Trustee of a security interest in the Crypto Custodian Wallet, including all assets held in or credited to the Crypto Custodian Wallet from time to time.

  • The Issuer reserves the right to redact certain provisions related to the procedures of repossessing the Crypto Custodian Wallet by the Collateral Trustee from the copy of the Crypto Custodian Wallet Control Agreement for security reasons.

  • The Crypto Custodian Wallet shall be titled in the name of the Issuer as the entitlement holder and shall identify the Collateral Trustee as the secured party thereof.

  • All property delivered to the Crypto Custodian by or on behalf of the Issuer will be promptly credited to the Crypto Custodian Wallet by the Crypto Custodian.

  • For the avoidance of doubt, absent negligence, willful misconduct or bad faith, the Crypto Custodian, in its capacity as crypto custodian, shall have no responsibility or liability to the Collateral Trustee for complying with a Notice of Exclusive Control or complying with instructions concerning the Crypto Custodian Wallet originated by the Collateral Trustee.

  • In the event of a termination of this Agreement prior to the termination of the Collateral Trustee’s security interest in the Collateral and the Crypto Custodian Wallet, all assets of the Issuer held in the Crypto Custodian Wallet shall be transferred out of the Crypto Custodian Wallet to a successor custodian specified by the Issuer.

  • Upon receipt by the Crypto Custodian of such notice, the Collateral Trustee shall have no further right to originate instructions concerning the Crypto Custodian Wallet and the Issuer shall be entitled to originate instructions concerning the Crypto Custodian Wallet for any purpose and without limitation except as may be provided in the Custodial Services Agreement.

  • Upon receipt of any interest or dividends in cash, or any other asset that constitutes proceeds with respect to Collateral, the Crypto Custodian will credit such proceeds to the Crypto Custodian Wallet no later than the next Business Day.

Related to Crypto Custodian Wallet

  • Indian custodian means any Indian person who has legal custody of an Indian child under tribal law or custom or under State law or to whom temporary physical care, custody, and control has been transferred by the parent of such child;

  • 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.

  • Custodian bank means as defined in section 515.35.

  • ADS Custodian means the person then acting as custodian under the Deposit Agreement. The ADS Custodian as of the Issue Date is The Bank of New York Mellon.

  • DTC Custodian means the custodian of the DTC Notes on behalf of DTC, which initially shall be the Global Agent.

  • Legal custodian means an individual who is at least 18 years of age in whose care a minor child remains or is placed after a court makes a finding under section 13a(5) of chapter XIIA of the probate code of 1939, 1939 PA 288, MCL 712A.13a.

  • Collateral Custodian Xxxxx Fargo Bank, National Association, not in its individual capacity, but solely as Collateral Custodian, its successor in interest pursuant to Section 8.3 or such Person as shall have been appointed Collateral Custodian pursuant to Section 8.5.

  • Central Contractor Registration (CCR) database means the primary Government repository for Contractor information required for the conduct of business with the Government.

  • Custodial Services means the safekeeping and management of an

  • Compact administrator means: the individual in each compacting state appointed pursuant to the terms of this compact, responsible for the administration and management of the state's supervision and transfer of juveniles subject to the terms of this compact, the rules adopted by the Interstate Commission and policies adopted by the State Council under this compact.

  • Qualified custodian means the following independent institutions or entities that are not affiliated with the investment adviser by any direct or indirect common control and have not had a material business relationship with the investment adviser in the previous two years:

  • Electronic toll collection system means a system of collecting tolls or charges which is capable of charging an account holder the appropriate toll or charge by transmission of information from an electronic device on a motor vehicle to the toll lane, which information is used to charge the account the appropriate toll or charge.

  • Custodian Agreement means any Custodian Agreement from time to time in effect between the Custodian named therein and the Trust Collateral Agent, as the same may be amended, supplemented or otherwise modified from time to time in accordance with the terms thereof, which Custodian Agreement and any amendments, supplements or modifications thereto shall be acceptable to the Controlling Party (the Custodian Agreement which is effective on the Closing Date is acceptable to the Controlling Party).

  • Securities Custodian means the custodian with respect to a Global Security (as appointed by the Depository), or any successor Person thereto and shall initially be the Trustee.

  • Foreign Sub-Custodian means a foreign banking institution serving as an Eligible Foreign Custodian.

  • Security Custodian means, with respect to Securities of a series issued in global form, the Trustee for Securities of such series, acting in its capacity as custodian with respect to the Securities of such series, or any successor entity thereto.

  • Document Custodian means the Custodian when acting in the role of a document custodian hereunder.