Outside Custodian definition

Outside Custodian. With respect to an Outside Serviced Mortgage Loan, the custodian under the applicable Outside Servicing Agreement.
Sample 1Sample 2Sample 3
Outside Custodian means a custodian appointed by you to provide safe custody services in relation to your investments.
Sample 1Sample 2Sample 3

Examples of Outside Custodian in a sentence

  • Where the Trustee supplements the assets of the Fund by the transfer of additional cash (“New Cash”) the Investment Manager may place deals before the Outside Custodian has notified it of receipt into the Fund of the New Cash.

  • In the event that the Fund is not credited with the New Cash in sufficient time to settle the deals that the Investment Manager has placed, the Investment Manager may overdraw the bank accounts held with the Outside Custodian in order to provide sufficient monies to settle the deals on their due settlement dates.

  • If the Commission fails to exercise the Purchase Option during the First Exercise Window, then the Purchase Option shall not be exercisable until the Second Exercise Window.

  • The Investment Manager may direct its delegate(s) or any Outside Custodian, to retain and/or realise any assets of the Client’s Portfolio as may be required to settle transactions already initiated, and to pay any outstanding liabilities of the Client in either case without prior notice to the Client.

  • A list of the execution venues used by us or our Schroders Group companies (except for Clients who have appointed an Outside Custodian) in respect of each class of financial instruments is set out below.

  • The Investment Manager will not be responsible for supervising the Outside Custodian.

  • Three schools were presented the “Outstanding Building” award: New Haven Intermediate School Loren Nichter – Head Custodian Kim HaleyCynthia Hummel Kurt McGheeLeo Elementary School Alan Fry – Head CustodianJason Williams Jerry SchoenherrEast Allen Career Center Radi Butler – Head Custodian Brian Gerardot The “Outstanding Grounds” award was given to New Haven High School (Rod Nelson – Head Custodian; Justin Vaughn – Outside Custodian).


More Definitions of Outside Custodian

Outside Custodian means the person (if any), not being a party to the Client Agreement, charged with providing custody services for your Portfolio. The preferred custodian by clients is The Royal Bank of Canada (Channel Islands) Limited Gaspé House, 66-72 Esplanade, St Helier, Jersey, Channel Islands JE2 3QT.
Sample 1
Outside Custodian means the person (if any), not being a party to the Client Agreement, charged with providing custody services for your Portfolio.
Sample 1
Outside Custodian means the person (if any), not being a party to the Client Agreement, charged with providing custodyservices for your Portfolio.
Sample 1
Outside Custodian means a custodian appointed by you to provide safe custody services in relation to your investments. "Order Execution Policy" means our policy which sets out how we will deal with your orders, as amended from time to time. "Regulated Market" has the meaning set out in the FCA Rules. "Retail Client" means as defined in the FCA Rules. "Sub-Custodian" means a bank or financial institution providing custody services in respect of a particular market or jurisdiction, on behalf of CGL.
Sample 1

Related to Outside Custodian

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

  • Independent Custodian means Deutsche Bank AG, London Branch.

  • 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.

  • 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.

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

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

  • 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.

  • 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.

  • 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;

  • Qualified custodian means the following independent institutions or entities that are not affiliated with the investment adviser by any direct or indirect common control and have not had a material business relationship with the investment adviser in the previous two years:

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

  • 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.

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

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

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

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

  • 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.

  • Collateral Custodian means U.S. Bank National Association, solely in its capacity as collateral custodian, together with its successors and permitted assigns in such capacity.

  • Special Sub-Custodian Each such duly appointed Special Sub-Custodian shall be listed on Schedule D hereto, as it may be amended from time to time by a Fund, with the acknowledgment of the Custodian. In connection with the appointment of any Special Sub-Custodian, and in accordance with Special Instructions, the Custodian shall enter into a sub-custodian agreement with the Fund and the Special Sub-Custodian in form and substance approved by such Fund, provided that such agreement shall in all events comply with the provisions of the 1940 Act and the rules and regulations thereunder and the terms and provisions of this Agreement.

  • Foreign Sub-Custodian means a foreign banking institution serving as an Eligible Foreign Custodian.

  • Outside Servicer With respect to an Outside Serviced Mortgage Loan, the master servicer under the applicable Outside Servicing Agreement.

  • Notes Custodian means the custodian with respect to the Global Notes (as appointed by DTC), or any successor Person thereto and shall initially be the Trustee.

  • Subcustodian(s) means each foreign bank appointed by the Custodian pursuant to Section 8 hereof, but shall not include Securities Depositories.

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

  • Applicable Depositary Procedures means, with respect to any transfer or transaction involving a Global Security or beneficial interest therein, the rules and procedures of the Depositary for such Security, in each case to the extent applicable to such transaction and as in effect from time to time.