Domestic Securities Depository definition

Domestic Securities Depository means The Depository Trust Company and any other clearing agency registered with the Securities and Exchange Commission under the Securities Exchange Act of 1934, which acts as a securities depository.

Domestic Securities Depository means The Depository Trust Company, a clearing agency registered with the Securities and Exchange Commission, its successor or successors and its nominee or nominees; and (subject to the receipt by Chase of a certified copy of a resolution of the Fund's Board of Directors specifically approving deposits therein as provided in Section 2(a) of this Agreement) any other person authorized to act as a depository under the Act of 1940, its successor or successors and its nominee or nominees.

Domestic Securities Depository means The Depository Trust & Clearing Corporation and any other clearing agency registered with the Securities and Exchange Commission under the Securities Exchange Act of 1934, which acts as a securities depository.

Examples of Domestic Securities Depository in a sentence

• If securities sold by a Portfolio are held in a Book-Entry System or Domestic Securities Depository, Custodian (or such sub-custodian) shall transfer such securities upon (A) receipt of advice from the Book-Entry System or Domestic Securities Depository that payment for such securities has been transferred to the Depository Account, and (B) the making of an entry on the records of Custodian (or of such sub-custodian) to reflect such transfer and payment for the account of such Portfolio.

• All other Securities in the Custody Account shall be held in registered form in the name of Chase, or any Chase Branch, the Book-Entry System, Domestic Securities Depository, Foreign Bank or Foreign Securities Depository and their nominees, as custodian or nominee.

• If securities sold by the Company are held in a Book-Entry System or Domestic Securities Depository, Custodian (or such sub-custodian) shall transfer such securities upon (A) receipt of advice from the Book-Entry System or Domestic Securities Depository that payment for such securities has been transferred to the Depository Account, and (B) the making of an entry on the records of Custodian (or of such sub-custodian) to reflect such transfer and payment for the account of the Company.

• Such statements, reports and advices shall include an identification of the Chase Branch, Domestic Securities Depository, Foreign Bank and Foreign Securities Depository having custody of the Securities and Cash, and descriptions thereof.

• If securities sold by the Fund are held in a Book-Entry System or Domestic Securities Depository, Custodian (or such sub-custodian) shall transfer such securities upon (A) receipt of advice from the Book-Entry System or Domestic Securities Depository that payment for such securities has been transferred to the Depository Account, and (B) the making of an entry on the records of Custodian (or of such sub-custodian) to reflect such transfer and payment for the account of the Fund.

More Definitions of Domestic Securities Depository

Domestic Securities Depository means The Depository Trust Company, a clearing agency registered with the Securities and Exchange Commission, its successor or successors and its nominee or nominees; and (subject to the receipt by Chase of a certified copy of a resolution of the Company's Board of Directors specifically approving deposits therein as provided in Section 2(a) of this Agreement) any other person authorized to act as a depository under the Act of 1940, its successor or successors and its nominee or nominees. (d) "Foreign Bank" shall mean any banking institution organized under the laws of a jurisdiction other than the United States or of any state thereof.

Domestic Securities Depository means The Depository Trust Company, a clearing

Domestic Securities Depository means The Depository Trust Company and any other clearing agency registered with the Securities and Exchange Commission under the Securities Exchange Act of 1934, which acts as a securities depository. 1.7 "Eligible Domestic Bank" means a bank as defined in the ------------------------ 1940 Act. 1.8 "Master Repurchase Agreement" means the Master Repurchase ----------------------------- Agreement of even date herewith between Customer and Bear, Stearns & Co. Inc. ("Bear Stearns") as it may from time xx xxxe be amended. 0.0 "Master Securities Loan Agreement" means the Master Securities Loan Agreement of even date herewith between Custodian as agent of Customer and BS Securities as it may from time to time be amended. 1.10 "1940 Act" means the Investment Company Act of 1940, as -------- amended, and the rules and regulations thereunder. 1.11 "Oral Instructions" means instructions orally transmitted to and accepted by Sub-Custodian which are (a) reasonably believed by Sub-Custodian to have been given by an Authorized Person, (b) recorded and kept among the records of Sub-Custodian made in the ordinary course of business, and (c) completed in accordance with Sub-Custodian's requirements from time to time as to content of instructions and their manner and timeliness of delivery by Custodian. 1.12 "Proper Instructions" means Oral Instructions or Written -------------------- Instructions. Proper Instructions may be continuing Written Instructions when deemed appropriate by Custodian and Sub-Custodian. 1.13 "Securities Depository" means any Domestic Securities ----------------------- Depository or Foreign Securities Depository. 1.14 "Written Instructions" means written communications received by Sub-Custodian that are (a) reasonably believed by Sub-Custodian to have been signed or sent by an Authorized Person, (b) sent or transmitted by letter, facsimile, central processing unit connections, on-line terminal or magnetic tape, and (c) completed in accordance with Sub-Custodian's requirements from time to time as to content of instructions and their manner and timeliness of delivery by Custodian.

Domestic Securities Depository means The Depository Trust Company, a clearing agency registered with the Securities and Exchange Commission, its successor or successors and its nominee or nominees; and (subject to the receipt by Chase of a certified copy of a resolution of the Fund's Board of Trustees specifically approving deposits therein as provided in Section 2(a) of this Agreement) any other person authorized to act as a depository under the Act of 1940, its successor or successors and its nominee or nominees. (d) "Foreign Bank" shall mean any banking institution organized under the laws of a

Domestic Securities Depository means The Depository Trust Company, a clearing agency registered with the Securities and Exchange Commission, its successor or successors and its nominee or nominees; and (subject to the receipt by Chase of a certified copy of a resolution of the Fund's Board of Directors specifically approving deposits therein as provided in Section 2(a) of this Agreement) any other person authorized to act as a depository under the Act of 1940, its successor or successors and its nominee or nominees. (d) "Foreign Bank" shall mean any banking institution organized under the laws of a jurisdiction other than the United States or of any state thereof. (e) A "Foreign Securities Depository" shall mean any system for the central handling of securities abroad where all securities of any particular class or series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping

Domestic Securities Depository means The Depository Trust Company, a clearing agency registered with the Securities and Exchange Commission, its successor or successors and its nominee or nominees; and (subject to the receipt by Chase of a certified copy of a resolution of the Trust's Board of Trustees specifically approving deposits therein as provided in Section 2(a) of this Agreement) any other person authorized to act as a depository under the Act of 1940, its successor or successors and its nominee or nominees. (d) "Foreign Bank" shall mean any banking institution organized under the laws of a jurisdiction other than the United States or of any state thereof. (e) A "Foreign Securities Depository" shall mean any system for the central handling of securities abroad where all securities of any particular class or series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping without physical delivery of the securities by any Chase Branch or Foreign Bank. (f) "Written Instructions" shall mean instructions in writing signed by Authorized Persons of the Trust giving such instructions, and/or such other forms of communications as from time to time shall be agreed upon in writing between the Trust and Chase.

Domestic Securities Depository means The Depository Trust Company and (provided that Custodian has received a copy of a resolution of the Board of Trustees, certified by an Officer, specifically approving the use of such clearing agency as a depository for the Fund) any other clearing agency registered with the Securities and Exchange Commission under Section 17A of the Securities Exchange Act of 1934, which acts as a system for the central handling of Securities where all Securities of any particular class or series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of the Securities."