Custody Bank definition

Custody Bank means, in relation to a payment denominated in a particular currency, a bank in the principal financial centre for such currency or, where the relevant payment is denominated in euro, in a city in which banks have access to the TARGET System.

Custody Bank. – shall mean any financial institution, or its branches or agencies, in an international foreign center, which is rated the highest by two internationally recognized risk analysis agencies, able to receive and hold cash balances in an internationally convertible currency, act as the custodian itself or by an Official, keep operation records of the National Oil Account, and provide to the public, directly or through competent entities, the information subject to the transparency principle under the terms of this law;

Custody Bank means the Contractor or Contractors assigned to provide services consistent with Title 2, Chapter 60, Part 7 NMAC.

Examples of Custody Bank in a sentence

• Closed intermediary institutions whose transactions are conducted by the Istanbul Settlement and Custody Bank Inc.

• In addition, the shares in the Company held by the Custody Bank of Japan, Ltd.

• Implementation Agreement for the Customer Instructions to be sent to Istanbul Settlement and Custody Bank Inc.

• Cash and Cash Equivalents: Assets held by the designated Custody Bank that are cash or can be converted into cash immediately.

• If the Collateral Account is an omnibus account, the Custody Bank or a third-party agent or trustee (the “Agent” or “Trustee”) must maintain subledgers showing the amount of Collateral owed to each Lender with respect to the Securities that each such Lender has loaned to Borrower.

• The XSC controls the whole plasma boundary minimizing the error on more than 30 plasma shape geometrical descriptors (gaps, strike points and Xpoint); thus it can be used to obtain high performance plasmas.

• Implementation Agreement Relating to the Customer Instructions to be delivered to Istanbul Settlement and Custody Bank Inc.

• On 3 March 2009, the Respondent submitted a Supplement to its Counter- Memorial (“R.Supp”), including a forensic expert report of Riley, Welch, LaPorte & Associates (“RWL”) and an expert report of the İstanbul Stock Exchange Settlement & Custody Bank.

• Dividend payments shall be effected within due time as stipulated by the CMB at three locations at a minimum, which shall be easily accessible by a majority of the shareholders and one of which shall be the Company’s headquarters, as well as at Takasbank (ISE Settlement and Custody Bank, Inc.).

• Luigi De Ghenghi, et al., “U.S. Banking Agencies Propose Custody Bank Relief Under the Supplementary Leverage Ratio,” FinReg, April 23, 2019, at https://www.finregreform.com/single-post/2019/04/23/u-s-banking-agencies-propose-custody-bank-relief-under-the- supplementary-leverage-ratio.

More Definitions of Custody Bank

Custody Bank means the institution at which the Permanent Restricted Account is opened pursuant to this Act;

Custody Bank means any bank or trust company from time to time designated as such by the Board pursuant to Rule IV-7 for the purpose of holding Participant assets in Custody Accounts.

Custody Bank means Mellon Bank, N.A., as Custody Bank under the Custody and Control Agreement.