Master Custodian definition

Master Custodian means the entity then acting as State Funds’ custodian pursuant to a master custodian agreement with State.
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Master Custodian means the Board’s designated custodian bank, at which the Board shall establish a Sub-account in Manager’s name for transactions involving the assets allocated to Manager by the Board for investment and management.
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Master Custodian means the Board's designated custodian bank, at which the Board shall establish a Sub-account in Manager's name for transactions involving the assets allocated to Manager by the Board for investment and management.
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Examples of Master Custodian in a sentence

  • Full-time custodians who receive official State Custodian and/or State Master Custodian certification from M-DCPS Adult Education Programs shall be eligible for a salary supplement.

  • The Investment Manager and the Master Custodian or Designee shall reconcile the proxies solicited with the Fund’s holdings as of the record date.

  • The purpose of the matching tax-sheltered annuity plan is to replace the severance payment and post retirement District insurance contributions provided for in Article X of the Master Custodian Contract.

  • The Investment Manager shall instruct the Master Custodian or Designee to forward to the Investment Manager all communications received by the Master Custodian or Designee including proxy statements and proxy ballots duly executed by the Master Custodian or Designee.

  • Securities and, if permitted by the Investment Guideline, foreign exchange transactions in respect of the Sub-Account shall be made directly to or from the Master Custodian at the direction of the Investment Manager.

  • Securities and foreign exchange instructions from the Investment Manager to the Master Custodian shall be made electronically (via SWIFT) as agreed to by the Master Custodian and the Investment Manager.

  • A screening committee comprised of two (2) CMA representatives and two (2) Board representatives will review all qualified CMA candidates who apply for promotion or lateral transfers for all CMA positions (excluding Custodial Grade I and Day Master Custodian).

  • The Investment Manager’s compensation shall be determined in accordance with the Fee Schedule, attached hereto and incorporated by reference as Exhibit B, and such compensation shall be payable quarterly in arrears, and pro-rated for any partial quarter, at a rate determined by the average value of the assets as reported by the Master Custodian in the Sub-Account on the last business day of each month in the quarter.

  • Promotion or lateral transfer for all CMA positions (excluding Custodial Grade I and Day Master Custodian) will be awarded to one candidate if two or three fully qualified candidates are advanced by the committee.

  • Should any dispute arise regarding the valuation of a security or bond, the Master Custodian shall determine the valuation and its valuation will control, but the Investment Manager may advise the Master Custodian if it believes that the valuation is incorrectly sourced or used.

Related to Master Custodian

  • Repo Custodian shall have the meaning set forth in the preamble of this Agreement.

  • Sub-Custodian means and include (i) any branch of a “U.S. bank,” as that term is defined in Rule 17f-5 under the 1940 Act, and (ii) any “Eligible Foreign Custodian” having a contract with the Custodian which the Custodian has determined will provide reasonable care of assets of the Fund based on the standards specified in Section 3.3 below. Such contract shall be in writing and shall include provisions that provide: (i) for indemnification or insurance arrangements (or any combination of the foregoing) such that the Fund will be adequately protected against the risk of loss of assets held in accordance with such contract; (ii) that the Foreign Securities will not be subject to any right, charge, security interest, lien or claim of any kind in favor of the Sub-Custodian or its creditors except a claim of payment for their safe custody or administration, in the case of cash deposits, liens or rights in favor of creditors of the Sub-Custodian arising under bankruptcy, insolvency, or similar laws; (iii) that beneficial ownership for the Foreign Securities will be freely transferable without the payment of money or value other than for safe custody or administration; (iv) that adequate records will be maintained identifying the assets as belonging to the Fund or as being held by a third party for the benefit of the Fund; (v) that the Fund’s independent public accountants will be given access to those records or confirmation of the contents of those records; and (vi) that the Fund will receive periodic reports with respect to the safekeeping of the Fund’s assets, including, but not limited to, notification of any transfer to or from a Fund's account or a third party account containing assets held for the benefit of the Fund. Such contract may contain, in lieu of any or all of the provisions specified in (i)-(vi) above, such other provisions that the Custodian determines will provide, in their entirety, the same or a greater level of care and protection for Fund assets as the specified provisions.

  • DTC Custodian means the custodian of the DTC Notes on behalf of DTC, which initially shall be the Global Agent.

  • Primary Custodian the meaning set forth in Rule 17f-7(b)(2).

  • Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.

  • ADS Custodian means the person then acting as custodian under the Deposit Agreement. The ADS Custodian as of the Issue Date is The Bank of New York Mellon.

  • Foreign Custodian means a bank or other financial institution (other than a Foreign Depository) located outside the U.S. which is utilized by the Custodian, in connection with the purchase, sale or custody of Securities or cash hereunder and is identified to the Fund from time to time by the Custodian.

  • Indian custodian means any Indian person who has legal custody of an Indian child under tribal law or custom or under State law or to whom temporary physical care, custody, and control has been transferred by the parent of such child;

  • Servicer Custodial Account The separate Eligible Account or Accounts created and maintained by the Servicer pursuant to Section 3.08(b).

  • Document Custodian means the Custodian when acting in the role of a document custodian hereunder.

  • Collateral Custodian Xxxxx Fargo Bank, National Association, not in its individual capacity, but solely as Collateral Custodian, its successor in interest pursuant to Section 8.3 or such Person as shall have been appointed Collateral Custodian pursuant to Section 8.5.

  • Legal custodian means an individual who is at least 18 years of age in whose care a minor child remains or is placed after a court makes a finding under section 13a(5) of chapter XIIA of the probate code of 1939, 1939 PA 288, MCL 712A.13a.

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;

  • Depository Agent is defined in Section 2.6(a) of the Agreement.

  • Independent Custodian means Deutsche Bank AG, London Branch.

  • Note Custodian means the Trustee, as custodian with respect to the Notes in global form, or any successor entity thereto.

  • Approved Custodian means a pool custodian or other Person that Lender deems acceptable, in its sole discretion, to hold Mortgage Loans for inclusion in a Mortgage Pool or to hold Mortgage Loans as agent for an Investor that has issued a Purchase Commitment for those Mortgage Loans.

  • Subcustodian means a bank (including any branch thereof) or other financial institution (other than a Foreign Depository) located outside the U.S. which is utilized by Custodian in connection with the purchase, sale or custody of Securities hereunder and identified to the Fund from time to time, and their respective successors and nominees.

  • Certificate Custodian Initially, Wachovia Bank, National Association; thereafter any other Certificate Custodian acceptable to The Depository Trust Company and selected by the Trustee.

  • Foreign Custody Manager has the meaning set forth in section (a)(3) of Rule 17f-5.

  • Book-Entry Custodian The custodian appointed pursuant to Section 5.01.

  • WOSB Program Repository means a secure, Web-based application that collects, stores, and disseminates documents to the contracting community and SBA, which verify the eligibility of a business concern for a contract to be awarded under the WOSB Program.

  • Designated Depository Institution A depository institution (commercial bank, federal savings bank, mutual savings bank or savings and loan association) or trust company (which may include the Trustee), the deposits of which are fully insured by the FDIC to the extent provided by law.

  • Insured Depository Institution Insured Depository Institution shall have the meaning ascribed to such term by Section 1813(c)(2) of Title 12 of the United States Code, as amended from time to time.

  • Depository Institution Any depository institution or trust company, including the Trustee, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated P-1 by Moody's, F1+ by Fitch and A-1 by Standard & Poor's.