Custodian Agent definition

Custodian Agent an intermediary authorized by NSC to carry out services of custody and management of financial instruments for the clients whose agent it is, and who signed a contract of participation in the Central Depositary System, based on the specific custody regulations issued by the Central Depositary.
Sample 1
Custodian Agent an intermediary authorized by ASF to carry out services of custody and management of financial instruments for the clients whose agent it is, and who signed a contract of participation in the Central Depositary System, based on the specific custody regulations issued by the Central Depositary.
Sample 1
Custodian Agent. Comerica Bank-Texas or its successors as Custodian, under the Custodian Agreement.
Sample 1

Examples of Custodian Agent in a sentence

  • On September 9 and 19, 2014, the Bank was finally registered as Mutual Funds’ Custodian Agent, and Settlement and Clearing Agent – Comprehensive, respectively, under numbers 4 and 42.

  • If the client subsequently confirms settlement of the rejected buy trade, the buying Broker will collect the payment due from the Custodian [outside the Nasdaq Dubai system] but the buying Broker will not transfer any securities to the Custodian because the rejected buy securities have been earmarked in the Custodian Agent Account for settlement of the pending sell trade.

  • If the rejected contra sell trade is NOT accepted by the Custodian and a buy-in is successful, the Pending status of the securities in the Custodian Agent Account will be released by Nasdaq Dubai on the date of the buy-in.

  • The draft budget is prepared following the financial strategy principles, taking into account the council’s priorities from the corporate plan.

  • The securities under Pending status in the Custodian Agent Account will be released on the date of the successful buy-in.

  • A buy trade with a pending settlement of sell trade which results in a zero (0) available balance or if there are insufficient balance in the Custodian Agent account to settle the sell trades, will be rejected by Nasdaq Dubai using special procedures outlined below.

  • Securities in wrong Custodian Agent Account will move to free once Nasdaq Dubai initiates the correction.e. Where there are no matched settlement instructions from the correct client:i.

  • If the client subsequently confirms settlement of the rejected buy trade, the buying Broker will collect the payment due from the Custodian [outside the Nasdaq Dubai system] but the buying Broker will not transfer any securities to the Custodian because the rejected buy securities has been earmarked in the Custodian Agent Account for settlement of the pending sell trade.

  • Labor Regulations and Minimum Wages: You shall have to abide by the provisions of the Contract Labour Act 1970 for which you are maintain records as necessary in terms of minimum wages Act read with the other statutory provisions.

  • Nasdaq Dubai will execute a request for a buy rejection using special procedures whereby the cash settlement obligations of the rejected buy trade will be paid by the buying Broker while the rejected buy securities will remain in the Custodian Agent account earmarked for settlement of the contra sell trade.


More Definitions of Custodian Agent

Custodian Agent. Comerica Bank-Texas, a Texas banking corporation or its successors as Custodian, under the Custodian Agreement.
Sample 1
Custodian Agent means the agent appointed by the Vendors and the Purchaser jointly as the custodian of 10% of the Consideration Shares. Force Majeure means an event occurring after the date of this Agreement that impedes performance by any Party of all or any of its obligations under this Agreement and the occurrence of which is beyond the control of the Party and cannot be foreseen, avoided or overcome, including earthquake, typhoon, flooding, fire, war, government action or other event that cannot be foreseen, avoided or controlled including those normally regarded as a force majeure event in accordance with international business practice.
Sample 1
Custodian Agent means Banco do Brasil S.A. (Gecin - Núcleo de Instituição Depositária, located at Xxx Xxxxx Xxxx, nº 105, 38º andar, 00000-000 - Xxx xx Xxxxxxx/XX), which serves as the custodian agent responsible for the book entry of the Shares of the Company.
Sample 1

Related to Custodian Agent

  • Custodian bank means as defined in section 515.35.

  • Custodian Account means an account subject to a Custodian Agreement.

  • 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).

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

  • Collection Agent means at any time the Person then authorized pursuant to Section 6.01 to service, administer and collect Transferred Receivables.

  • 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;

  • 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.

  • Collateral Custodian Fee means the fee to be paid to the Collateral Custodian as set forth in the Custody Agreement.

  • Issuing Agent means Pareto Securities AB, or another party replacing it, as Issuing Agent, in accordance with these Terms and Conditions.

  • Custodian Fee As to any Distribution Date and each Mortgage Loan, an amount equal to the product of the Custodian Fee Rate and the outstanding Stated Principal Balance of such Mortgage Loan as of the first day of the related Due Period. “Custodian Fee Rate”: 0.002% per annum.

  • Tender Agent means, with respect to each Group of 2021 Series J Variable Rate Bonds, The Bank of New York Mellon, a New York banking corporation, and its successors and any corporation resulting from or surviving any consolidation or merger to which it or its successors may be a party, or any successor Tender Agent appointed in accordance with the terms of this Supplemental Resolution.

  • Servicing Agent means, with respect to an eNote, the field entitled, “Servicing Agent” in the MERS eRegistry.

  • Collateral Administrator has the meaning set forth in the introductory section of this Agreement.

  • Repo Custodian shall have the meaning set forth in the preamble of this Agreement.

  • Collateral Agent as defined in the preamble hereto.

  • Depositary Agent shall have the meaning set forth in Section 7(c) hereof.

  • 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.

  • Fiscal Agent means the Fiscal Agent, if any, designated pursuant to the terms of the Policy.

  • Canadian Agent as defined in the preamble hereto.

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;

  • Control Agent has the meaning specified in the Intercreditor Agreement.

  • Depository Agent is defined in Section 2.6(a) of the Agreement.

  • Bank Agent means Bank of America, N.A., in its capacity as administrative agent for the Bank Lenders under the Bank Credit Agreement, and its successors and assigns in such capacity.

  • Global Agent has the meaning specified in the preamble, and any duly qualified and appointed successor or successors of U.S. Bank thereto.

  • Trust Collateral Agent means such successor Person.

  • 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.