Custodial Collateral means, whether now owned or hereafter acquired, all property and assets of the Borrower held, possessed or controlled by the Custodian. Such Custodial Collateral shall include, without limitation, all of the types of property set forth in Schedule A hereto; provided, however, that Custodial Collateral shall not include those assets identified from time to time as “Other Cover Assets” on the “Cover Schedule” accepted by State Street and in effect from time to time in accordance with Schedule A hereto, provided, further, however, that such assets shall be excluded from the definition of Custodial Collateral only during such time as such Cover Schedule is in effect.
Custodial Collateral shall exclude only those Other Cover Assets identified on the latest Cover Schedule delivered and deemed accepted by State Street; provided, however, that that on any Business Day that the Borrower does not deliver a Cover Schedule to State Street that lists Other Cover Assets, no assets of the Borrower shall be excluded from the term “Custodial Collateral; and
Custodial Collateral means, whether now owned or hereafter acquired, all property and assets of the Borrower held, possessed or controlled by the Custodian. Such Custodial Collateral shall include, without limitation, all of the types of property of the Borrower set forth in Schedule A hereto from time to time held, possessed or controlled by the Custodian; provided, however, that Custodial Collateral shall not include those assets identified from time to time as “Other Cover Assets” on the “Cover Schedule” accepted by State Street and in effect from time to time in accordance with Schedule A hereto, provided, further, however, that such assets shall be excluded from the definition of Custodial Collateral only during such time as such Cover Schedule is in effect.
Examples of Custodial Collateral in a sentence
The Borrower agrees to enter into such agreements, make such filings and take such other actions as may be reasonably required by State Street to take and perfect such security interest in the Custodial Collateral.
The failure by State Street to so identify or designate certain items of Custodial Collateral as Securities Loan Collateral or Cash Loan Collateral shall not adversely affect or invalidate any existing Liens granted to State Street under this Agreement or under any Collateral Documents.
The Borrower hereby grants to and for the benefit of State Street, as further security for the Securities Loan Obligations and the Cash Loan Obligations, a security interest in all of the rights, title and interest of the Borrower in and to the Custodial Collateral, in each case whether now owned or hereafter acquired by the Borrower, wherever located and whether now or hereafter existing or arising.
Each Cash Loan hereunder shall be secured by the identification and designation, on the custodial or other books and records of State Street relating to the Borrower, of Liquid Custodial Collateral as Securities Loan Collateral in accordance with Section 13.7 hereof (the “Cash Loan Collateral”), the Collateral Value of which Cash Loan Collateral shall equal or exceed the Cash Loan Margin Amount for such Cash Loan.
Upon delivery of the Securities Loan Collateral in accordance with Section 4.1 or the identification and designation of any Custodial Collateral as Securities Loan Collateral or Cash Loan Collateral, as applicable, State Street will have, as security for the Securities Loan Obligations or Cash Loan Obligations, as applicable, a perfected first priority security interest in the Securities Loan Collateral or the Cash Loan Collateral, as applicable.
More Definitions of Custodial Collateral
Custodial Collateral means all property and assets of Borrower held, possessed, or controlled by Lender or its Affiliates (in their custodial or any other capacity) that are or are intended under the terms of this Agreement or the Collateral Documents to be subject to Liens in favor of Lender and its Affiliates to secure the Secured Line Obligations and the Loan Obligations incurred pursuant to this Agreement. Such Custodial Collateral shall include, without limitation all of the types of property set forth in Schedule A hereto. LIBNY/4739172.4
Custodial Collateral means all Collateral (including certain Collateral Notes, Collateral Note Security, Pledged Equity Interests and Instruments) and proceeds thereof which are deposited in a Custodial Account maintained with and held by a Custodian that has entered into a Custody Control Agreement, so long as such Custodian’s books and records indicate that such Collateral is credited to or recorded in such Custodial Account. Custodian means a custodian, and its permitted successor and assigns or permitted designee or nominee, holding any Custodial Collateral in a Custodial Account.
Custodial Collateral shall exclude only those Other Cover Assets identified on the latest Cover Schedule delivered and deemed accepted by State Street; provided, however, that that on any Business Day that the Borrower does not deliver a Cover Schedule to State Street that lists Other Cover Assets, no assets of the Borrower shall be excluded from the term “Custodial Collateral; and BETWEEN STATE STREET BANK AND TRUST COMPANY (“STATE STREET”) AND [BORROWER NAME] (“BORROWER”) In accordance with Section 28 of the Agreement, State Street and the Borrower enter into this Appendix to govern certain aspects of those Securities Loans that are hereafter made under the Agreement and that are described as follows: Type of Securities: Securities Trading Location: Default Rate: Tax Representations and Covenants: DATED: [ ], 20[ ]. Name: ____________________________________ By: ____________________________________ Title: ____________________________________ Name: ____________________________________ By: ____________________________________ Title: ____________________________________ BETWEEN STATE STREET BANK AND TRUST COMPANY (“STATE STREET”) (EFFECTIVE JULY 19, 2013, DWS DIVERSIFIED MARKET NEUTRAL FUND) (“BORROWER”) In accordance with Section 28 of the Agreement, State Street and the Borrower enter into this Appendix to govern certain aspects of those Securities Loans that are hereafter made under the Agreement and that are described as follows:
Custodial Collateral shall exclude the Other Cover Assets identified on such Cover Schedule. The Borrower acknowledges that the Lender has a security interest as provided in Section 4.9 with respect to all Custodial Collateral that has not been expressly identified as Other Cover Assets on the Cover Schedule. Credit Suisse Trust International Equity Flex I Portfolio 137066581 12/31 International Equity Flex III Portfolio 133890449 12/31 U.S. Equity Flex I Portfolio 137125856 12/31 International Equity Flex II Portfolio 133890452 12/31 U.S. Equity Flex III Portfolio 134042374 12/31 U.S. Equity Flex II Portfolio 133839332 12/31 U.S. Equity Flex IV Portfolio 134181634 12/31 between STATE STREET BANK AND TRUST COMPANY (“Lender”) Pursuant to Section 28 of the Agreement, Lender and Borrower enter into this Appendix to govern certain aspects of those Loans that are hereafter made under the Agreement and which are described as follows: Type of Securities: Securities Trading Location: Clearing Organization (if applicable):
Custodial Collateral shall exclude the Other Cover Assets identified on such Cover Schedule. The Borrower acknowledges that the Lender has a security interest as provided in Section 4.9 with respect to all Custodial Collateral that has not been expressly identified as Other Cover Assets on the Cover Schedule. to the SECURITIES LENDING AND SERVICES AGREEMENT dated the 17th day of April, 2009 (the “Agreement”) between STATE STREET BANK AND TRUST COMPANY, (“Lender”), and PACIFIC SELECT LONG/SHORT LARGE CAP PORTFOLIO (“Borrower”) Pursuant to Section 28 of the Agreement, Lender and Borrower enter into this Appendix to govern certain aspects of those Loans that are hereafter made under the Agreement and which are described as follows: Type of Securities: Securities Trading Location: Clearing Organization (if applicable):
Custodial Collateral means, whether now owned or hereafter acquired, all property and assets of the Borrower held, possessed or controlled by the Custodian. Such Custodial Collateral shall include, without limitation, all of the types of property set forth in Schedule A hereto; provided, however, that Custodial Collateral shall not include assets that are properly segregated by the Borrower for its obligations to parties other than State Street, in accordance with the Borrower’s asset segregation obligations under Section 18 of the Investment Company Act and the Securities and Exchange Commission’s staff interpretations thereof, including assets in an amount equal to the cash collateral received by the Borrower in connection with the Borrower’s securities lending activities pursuant to the Securities Lending Agreement to the extent that such cash collateral is used as Securities Loan Collateral hereunder.
Custodial Collateral shall exclude the Other Cover Assets identified on such Cover Schedule. The Borrower acknowledges that the Lender has a security interest as provided in Section 4.9 with respect to all Custodial Collateral that has not been expressly identified as Other Cover Assets on the Cover Schedule. LIBNY/4739172.4 LIBNY/4739172.4 between STATE STREET BANK AND TRUST COMPANY (“Lender”) and BORROWER NAME (“Borrower”) Pursuant to Section 28 of the Agreement, Lender and Borrower enter into this Appendix to govern certain aspects of those Loans that are hereafter made under the Agreement and which are described as follows: Clearing Organization (if applicable):