Custodial Receipt has the meaning ascribed to such term in Section 4 of the Custody Agreement.
Custodial Receipt means any of the custodial receipts relating to Program Bonds executed and delivered by the Administrator to the GSEs pursuant to the Administration Agreement.
Custodial Receipt means each Senior Custodial Receipt and each Subordinate Custodial Receipt.
Examples of Custodial Receipt in a sentence
The Depositary or its agent shall maintain in the U.S. at an office which may, but need not, be the Depositary’s principal office: (a) the Custodial Receipt Register, which at reasonable times shall be open for inspection by Holders; and (b) facilities for the delivery and receipt of Custodial Receipts.
The Depositary may refuse to effect any registration of this Custodial Receipt or any withdrawal of the underlying Deposited Securities until such payment is made.
The Depositary may close the Custodial Receipt Register at any time or from time to time when reasonably deemed expedient by it.
We will arrange for the holding of the Shares in the Custodian’s account on the Share Register and will register your details on the Custodial Receipt Register.
Your title to the Custodial Receipts shall be evidenced by entry in the Custodial Receipt Register.
More Definitions of Custodial Receipt
Custodial Receipt means a Custodian’s Acknowledgment in the form of Exhibit A to the Sale and Servicing Agreement.
Custodial Receipt. A custodial receipt in the form of Exhibit I or Exhibit J hereto delivered to the Deal Agent, for the benefit of the Secured Parties, by the Trustee covering all of the Contracts subject to this Agreement from time to time.
Custodial Receipt means a trust receipt substantially in the form of Exhibit U attached hereto delivered by the Document Custodian pursuant to Section 8.16.
Custodial Receipt means the receipt issued for the Deposited Property by the Depositary for the purposes of facilitating the transfer of a registered Shareholder’s Company Shares to DTC, in the ratio of one for one in respect of each Company Share deposited with the Depositary hereunder;
Custodial Receipt is defined in Section 13.2.
Custodial Receipt means a receipt issued by Custodian in accordance with the Custodial Agreement confirming the Custodian’s possession of certain Asset Files which are the property of and held by Custodian for the benefit of Buyer or a bailment arrangement with counsel or other third party acceptable to Buyer in its sole discretion. “Custodian” shall mean U.S. Bank National Association, in its capacity as Custodian under the Custodial Agreement, or its successors in such capacity. “Daily Simple SOFR” shall mean, for any day, SOFR, with the conventions for this rate (which will include a lookback) being established by the Buyer in accordance with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining “Daily Simple SOFR” for business loans; provided, that if the Buyer decides that any such convention is not administratively feasible for the Buyer, then the Buyer may establish another convention in its reasonable discretion. “Debt Service Coverage Ratio” shall mean, with respect to any Mortgage Loan on any date of determination, the percentage, expressed as a ratio of (a) the Available Debt Service Cash Flow for such Mortgage Loan to (b) the Aggregate Business Debt for such Mortgage Loan. “Debtor Relief Laws” shall mean the Bankruptcy Code and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief laws of the United States of America or other applicable jurisdictions from time to time in effect affecting the rights of creditors generally. “Default” shall mean any Event of Default or any occurrence that is, or with the giving of notice or the lapse of time or both would become, an Event of Default. “Defaulted Mortgage Loan” shall mean a Mortgage Loan with respect to which (a)(i) any payment is 90 days or more delinquent (under the MBA Method) or (ii) Seller determines that it is reasonably likely that the Mortgagor will not be able to make a delinquent payment within 90
Custodial Receipt means any of the custodial receipts relating to the Program Bonds executed and delivered by the Administrator to the GSEs pursuant to the Administration Agreement in the form attached as Exhibit A to the Administration Agreement. “DTC” means The Depository Trust Company or its successor in interest. “Escrow Account” has the meaning given to such term in Section 3(a)(v) of this Agreement. “Exception” has the meaning given to such term in Section 3(f) of this Agreement. “Failed Settlement” has the meaning given to such term in Section 3(f) of this Agreement. “Global Escrow Agreement” means the Global Escrow Agreement to be entered into among Xxxxxx Mae, Xxxxxxx Mac, the HFA Trustee and the Agent. “GSE Fees” mean, with respect to each GSE, the sum of (a) the Initial Securitization Fee owed to such GSE and (b) the other fees and expenses due to such GSE on the Settlement Date (which includes any fees owed to the GSE Special Closing Counsel) with respect to all of the GSE Securities being issued to the HFA on the Settlement Date. “GSE Securities” means the securities issued by each GSE in exchange for the Program Bonds. “GSE Special Closing Counsel” means the special counsel to the GSEs identified on Schedule A of the Placement Agreement.