Custodian bank definition

Custodian bank means as defined in section 515.35.

Custodian bank means a federal or state bank or trust company regulated under the Iowa banking laws or the federal reserve system, which maintains an account in its name in a clearing corporation and acts as custodian of securities owned by a domestic insurer.

Custodian bank means a bank or trust company that is supervised and examined by state or federal authority having supervision over banks and is acting as custodian for a clearing corporation.

Examples of Custodian bank in a sentence

• Custodian bank charges include additional fees on top of the asking price of the security.

• As used in these By-laws, “public announcement” shall mean disclosure (i) in a press release reported by the Dow Jones Newswire, Business Wire, Reuters Information Service or any similar or successor news wire service or (ii) in a communication distributed generally to shareholders and in a document publicly filed by the Corporation with the Securities and Exchange Commission (the “SEC”) pursuant to Sections 13, 14 or 15(d) of the Exchange Act or any successor provisions thereto.

• Subscriptions to shares in the SICAV take place at an unknown price.The Advisors are not authorised to directly manage subscription, conversion and redemption orders.Shares may be acquired from the Custodian bank and from organisations providing the financial service.

• Upon receipt of such notice from the Participant, the Custodian, bank or other financial institution designated by the Committee for this purpose will arrange for the issuance and delivery of such shares held in the Participant’s account as soon as administratively feasible.

• Upon receipt of such notice from the Participant, the Custodian, bank or other financial institution designated by the Committee for this purpose will arrange for the sale of such Participant’s shares.

More Definitions of Custodian bank

Custodian bank means the Custodian Bank of the Fund. If the Fund or the Management Company specifies another person, company or institution as the Custodian Bank of the Fund, each and every reference to the Custodian Bank in these Terms and Conditions shall be deemed, depending on the context, to refer to the new Custodian Bank.

Custodian bank means a financial institution with the general

Custodian bank means a bank or trust company or a branch of a bank or trust company that is acting as custodian and is supervised and examined by state or federal authority having supervision over the bank or trust company or with respect to a company's foreign investments only by the regulatory authority having supervision over banks or trust companies in the jurisdiction in which the bank, trust company, or branch is located, and any banking institutions qualifying as an "Eligible Foreign Custodian" under the Code of Federal Regulations, section 270.17f-5, adopted under section 17(f) of the Investment Company Act of 1940, and specifically including Euro-clear Clearance System Limited and CEDEL S.A., acting as custodians;

Custodian bank means a bank holding and safeguarding the financial assets of third parties;

Custodian bank means, in relation to a Fund, a person, company or institution acting as custodian of the Fund's assets according to the Fund Documents.

Custodian bank or “custodian” means the following institutions designated by the depository bank for its own account:

Custodian bank means the same as defined in Iowa Code section 511.8(21)“a”(2).