Custodial Rights definition

Custodial Rights shall have the meaning set forth in the Asset Purchase Agreement.
Sample 1
Custodial Rights means all right, title and interest of Seller in and to (i) the right to perform custodial services under the Custodial Agreements, including the right to receive the fees and other income thereunder and the right to be custodian of all Custodial Assets, (ii) the related custodial obligations as specified in each Custodial Agreement, but excluding any obligation that is a Retained Liability, (iii) the right of ownership, possession, control and use of any and all Custodial Files pertaining to performing custodial services as provided in the Custodial Agreements, and (iv) all other rights, powers and privileges of Seller as the custodian under the Custodial Agreements as expressly set forth therein or as deemed pursuant the Applicable Requirements.
Sample 1

Examples of Custodial Rights in a sentence

  • Custodial Rights It is the responsibility of the parents to share any official custodial information decided through the courts.

  • Custodial Rights Parents/guardians must provide the school with information regarding custody, primary custodian, visitation rights, and authorization to share information.

  • Father later retained counsel who moved the court on March 28 to amend the pleading “to the more appropriate[ly] titled and intended pleading of Petition in Opposition to Relocation and For Full Custodial Rights.” On the same day, Father’s counsel filed a Motion for Enlargement of Time to File Petition in Opposition to Relocation and for Full Custodial Rights.

  • Custodial Rights In case of divorced parents, the school will interact with the parent who has legal custody of the child.The school ordinarily will deal with the parent having legal custody in matters of absence, lateness, truancy, early dismissal, disciplinary issues, school records, etc.

  • Miller, Are You My Mother - Missouri Denies Custodial Rights to Same-Sex Parent, 75 MO.

  • The only phone messages should be for emergencies! Custodial Rights Parents must notify the school with a copy of the court order indicating any restrictions involving a child’s custody if it pertains to the child’s school day and/or arrival and dismissal from the building.

  • Are You My Mother - Missouri Denies Custodial Rights to Same- Sex Parent Emmalee M.

  • Other Provisions of ICWA that Apply Only to Custodial Parents Confirm that the Act Does Not Create Custodial Rights ......................................................

  • The Statutory Text Precludes Appli- cation to Parents Without Custodial Rights ......................................................

  • Accordingly, petitioner fails to establish that respondent’s retention of L.R. is in violation of his custodial rights.3. Petitioner Failed to Establish His Exercise of Custodial Rights Third, and finally, a petitioner must prove that he was actually exercising his rights of custody at the time of the retention.

Related to Custodial Rights

  • Commercial Rights means any and all rights of a commercial nature connected with the Event including, without limitation, broadcasting rights, sponsorship rights, merchandising and licensing rights, ticketing rights, promotional rights, catering and hospitality rights, New Media rights and interactive games rights;

  • Preferential Rights means any right or agreement that enables any Person to purchase or acquire any Asset or any interest therein or portion thereof as a result of or in connection with (a) the sale, assignment or other transfer of any Asset or any interest therein or portion thereof, or (b) the execution or delivery of this Agreement or the consummation or performance of the terms and conditions contemplated by this Agreement.

  • Financial Rights means a Member's rights as a member of the LLC (a) to share in Net Income and Net Loss to the extent provided in this Agreement, and (b) to share in distributions to the extent provided in this Agreement.

  • Custodial Agreements The Custodial Agreements, listed in Exhibit F hereof, as each such agreement may be amended or supplemented from time to time as permitted hereunder.

  • Custodial File As to each Mortgage Loan, any mortgage loan documents which are delivered to the Custodian or which at any time come into the possession of the Custodian as set forth in Section 2 of this Custodial Agreement.

  • Custodial Agent means the Person who is then the Custodial Agent thereunder.

  • Custodial P&I Account The Custodial P&I Account, as defined in each of the Servicing Agreements, with respect to the Mortgage Loans. In determining whether the Custodial P&I Account under any Servicing Agreement is "acceptable" to the Master Servicer (as may be required by the definition of "Eligible Account" contained in the Servicing Agreements), the Master Servicer shall require that any such account shall be acceptable to each of the Rating Agencies. Custodian: Initially, the Trustee, and thereafter the Custodian, if any, hereafter appointed by the Trustee pursuant to Section 8.13, or its successor in interest under the Custodial Agreement. The Custodian may (but need not) be the Trustee or any Person directly or indirectly controlling or controlled by or under common control of the Trustee. Neither a Servicer, nor the Seller nor the Master Servicer nor any Person directly or indirectly controlling or controlled by or under common control with any such Person may be appointed Custodian.

  • Custodial parent means a parent awarded custody by a court decree. In the absence of a court decree, it is the parent with whom the child resides more than one half of the calendar year without regard to any temporary visitation.

  • Serviced Companion Loan Securities Any commercial mortgage-backed securities that evidence an interest in or are secured by the assets of an Other Securitization Trust, which assets include a Serviced Companion Loan (or a portion thereof or interest therein).

  • Custodial Agreement An agreement that may be entered into among the Company, the Master Servicer, the Trustee and a Custodian pursuant to which the Custodian will hold certain documents relating to the Mortgage Loans on behalf of the Trustee. Custodian: A custodian appointed pursuant to a Custodial Agreement.

  • Custodial property means an interest in property transferred to a custodian under this act and the income from, and proceeds of, that interest in property.

  • Original Rights shall have the meaning set forth in Section 1(f)(i) hereof.

  • Lead Securitization Subordinate Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement or such other analogous term used in the Lead Securitization Servicing Agreement.

  • Mortgage Loan Group Either Group I or Group II.

  • Servicer Mortgage Loan File As defined in each of the Servicing Agreements.

  • Custodial Care means help in transferring, eating, dressing, bathing, toileting and other such related activities. Custodial care does not include Covered Services determined to be Medically Necessary.

  • Custodial Services means the safekeeping and management of an

  • Servicing Rights means rights of any Person, to administer, service or subservice, the Purchased Assets or to possess related Servicing Records.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Lead Securitization Controlling Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Non-Lead Securitization Subordinate Class Representative means the holders of the majority of the class of securities issued in a Non-Lead Securitization designated as the “controlling class” pursuant to the related Non-Lead Securitization Servicing Agreement or their duly appointed representative; provided that if 50% or more of the class of securities issued in any Non-Lead Securitization designated as the “controlling class” or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” is held by the Mortgage Loan Borrower or an Affiliate of the Mortgage Loan Borrower, no person shall be entitled to exercise the rights of the related Non-Lead Securitization Subordinate Class Representative.