Custodied Cash definition

Custodied Cash means cash properly sent to Custodian in accordance with Section 4(g) and held by Custodian in custody for the benefit of Client in the Cash Account pursuant to this Agreement.
Custodied Cash means cash properly sent to Custodian in accordance with Section 4(g) and held by Custodian in custody for the benefit of Client in the Cash Account pursuant to this Agreement. ​

Examples of Custodied Cash in a sentence

  • If a client requests a withdrawal of Custodied Cash, such withdrawal will be made within a Business Day.

Related to Custodied Cash

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.