Depositary Account definition

Depositary Account means an account maintained at a Depositary Bank into which Collections in the form of wire transfer or electronic funds transfers are made by Obligors.
Depositary Account means the account established by the Depositary to hold the Depositary Units.
Depositary Account means, for each Specific Series the accounts created, controlled and secured by the Depositary associated with the account identifiers (the “Depositary Account Identifier(s)”) described as such and set out in the Schedule, which include one or more cryptographic asset wallets that hold Digital Currency and/or Digital Assets (“Depositary Wallet”), which are subject to the security interest granted hereby, and any successor account to any such account, whether maintained by the initial Depositary or maintained by any successor Depositary.

Examples of Depositary Account in a sentence

  • The terms of the Depositary Account (Wallet) Control Agreement prevent the Issuer from transferring or disposing of any assets from the Depositary Account and / or the Depositary Wallet without consent of the Administrator, even absent an Event of Default.

  • Following delivery of a Notice of Exclusive Control by the Security Trustee to the Depositary, the Issuer no longer has a right to withdraw assets from the Depositary Account but has a period of 30 (thirty) days during which the Issuer may contest the existence of an Event of Default.

  • Other registration measures relating to the Central Securities Depositary Account can be taken by the Bank or another account institute.

  • All future communication in connection with NFO should be addressed to the SCSB/RTA/AMC quoting the full name of the Sole/First Applicant, NFO Application Number, ASBA Application Number, Depositary Account details, Amount applied for and the Account Number from where NFO amount was blocked.CONTACT DETAILS OF 1ST APPLICANTTel.

  • The Issuer reserves the right to redact certain provisions related to the procedures of repossessing the Depositary Wallet by the Security Trustee from the copy of the Depositary Account (Wallet) Control Agreement for security reasons.


More Definitions of Depositary Account

Depositary Account has the meaning assigned to that term in Section 7.
Depositary Account has the meaning ascribed to that term in subsection 2.4(b)(i).
Depositary Account means a depositary account maintained at a Depositary Bank, the primary purpose of which is to receive the proceeds of Collections from the Seller or an Originator.
Depositary Account means the depositary account(s) maintained by the client (either solely or jointly with another or others) with the designated "Depositary Participant" and which account(s) has/have been designated by the client as a Depositary Account(s). "Available Fund balance" means the amount of credit balance in the Designated Bank Account(s) or in the Client account with Stock Broker which is not subject to any lien or other
Depositary Account means with respect to any Person any demand, time, savings, passbook, money market or other depositary account maintained by such Person with any bank, savings and loan association, credit union or other depositary institution, other than an account evidenced by a certificate of deposit, or any securities account maintained by such Person with any bank, securities broker or dealer, or other financial intermediary, in which such bank, broker, dealer or financial intermediary either directly or through a nominee or depository holds investment securities for the account of such Person.
Depositary Account of a Party or a Party's Subsidiary shall mean each account of such Party or of such Party's Subsidiary in a Depositary Bank to which Depositary Funds are deposited and from which Available Funds are remitted to the Investment Account(s).
Depositary Account means each account maintained by the Collection Agent at a Depositary Bank for the purpose of receiving or concentrating Collections.