Custodian Account definition

Custodian Account means an account subject to a Custodian Agreement.

Custodian Account means, in relation to a Series of Securities, the account designated as the Custodian Account in the Issue Terms.

Custodian Account has the meaning given to such term in Clause 3 of the Custody Terms.

Examples of Custodian Account in a sentence

• The payment obligation of the Trust to pay the Return Amount under this Agreement shall be limited to amounts on deposit in the Custodian Account.

• The Custodian Account is established to account for appropriations by the State of Alaska Legislature available to fund the Special Reserve Accounts.

• The Authority does not adopt a budget for the Debt Service Fund because it is not legally required to do so.The purposes of each of these funds are described in the following paragraphs:General FundThe General Fund is comprised of a Custodian Account and an Operating Account.

• The Authority has distinct investment objectives and policies associated with funds held in the Custodian Account, Reserve Funds, and municipal debt payments received prior to scheduled debt service payment dates.

• The Guarantee and Security Agreement and a Custodian Agreement with respect to the Borrower’s Custodian Account, each duly executed and delivered by each of the parties thereto, and all other documents or instruments required to be delivered by the Guarantee and Security Agreement and such Custodian Agreement in connection with the execution thereof.

More Definitions of Custodian Account

Custodian Account has the meaning assigned to such term in Section 8.03.

Custodian Account means an account subject to a Custody Agreement.

Custodian Account means an account subject to a Custodial and Account Control Agreement.

Custodian Account means, an Eligible Account designated as the “Custodian Account” established and maintained by the Custodian at the Account Bank pursuant to the Indenture and the Account Control Agreement in the name of the Trust, subject to the lien of the Indenture Trustee, for the benefit of the Secured Parties, in each case as their interests may appear.

Custodian Account means an Account for a minor es- tablished pursuant to a state Gift to Minors Act or Transfer to Minors Act.

Custodian Account means the custodian account identified on Exhibit 1 hereto as relating to a particular Sub-account which Customer maintains with Custodian (or any successor custodian account thereto of which PFPC is informed in writing by Custodian);

Custodian Account means an account subject to a Custodian Agreement. “Custodian Agreement” means, collectively, (i) that certain Control Agreement, dated as of the date hereof, entered into by and between the Borrower and the Custodian and (ii) such other control agreements as may be entered into by and among an Obligor, the Collateral Agent and a Custodian, in form and substance reasonably satisfactory to the Administrative Agent and the Borrower. “Daily Compounded CORRA” means, for any day, CORRA with interest accruing on a compounded daily basis, with the methodology and conventions for this rate (which will include compounding in arrears with a lookback) being established by the Administrative Agent in accordance with the methodology and conventions for this rate selected or recommended by the Relevant Governmental Body for determining compounded CORRA for business loans; provided that if the Administrative Agent decides that any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may (in consultation with the Borrower) establish another convention in its reasonable discretion; and provided that if the administrator has not provided or published CORRA and a Benchmark Replacement Date with respect to CORRA has not occurred, then, in respect of any day for which CORRA is required, references to CORRA will be deemed to be references to the last provided or published CORRA. Any change in Daily Compounded CORRA due to a change in CORRA shall be effective from and including the effective date of such change in CORRA without notice to the Borrower. “Daily Simple RFR” means, for any day (an “RFR Rate Day”), an interest rate per annum equal to, for any RFR Loan denominated in (a) Pounds Sterling, SONIA for the day that is five (5) RFR Business Days prior to (x) if such RFR Rate Day is an RFR Business Day, such RFR Rate Day, or (y) if such RFR Rate Day is not an RFR Business Day, the RFR Business Day immediately preceding such RFR Rate Day, and (b) Swiss Francs, SARON for the day that is five (5) RFR Business Days prior to (x) if such RFR Rate Day is an RFR Business Day, such RFR Rate Day, or (y) if such RFR Rate Day is not an RFR Business Day, the RFR Business Day immediately preceding such RFR Rate Day. Any change in Daily Simple RFR due to a change in the applicable RFR shall be effective from and including the effective date of such change in the RFR without notice to the Borrower. “Daily Simple SOFR” means, for any day...