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:
Qualified custodian means a Canadian custodian or a foreign custodian;
Qualified custodian means the following:
Examples of Qualified custodian in a sentence
To the extent you participate in the Market Savings Wrap Program, the relevant banking entity will act as the Qualified Custodian for the FDIC-insured deposit pursuant to the terms of the Account Agreement.
The Manager shall cause the Company to retain and enter into and, at all times, be a party to written custodial agreement with a document custodian (the “Custodian”) that is a Qualified Custodian and approved by the Initial Member, and such Custodian shall at all times have custody and possession of the Notes and other Custodial Documents.
Furthermore, Apex and the Qualified Custodian may charge Client additional fees or expenses for services provided by such parties.
More Definitions of Qualified custodian
Qualified custodian means a person who fulfills the
Qualified custodian means any of the following independent institutions or entities:
Qualified custodian means the following independent insti- tutions or entities:
Qualified custodian means any Person that (i) is a bank, trust company or title insurance company subject to supervision and examination by any federal or state regulatory authority, (ii) is experienced in providing services of the type required to be performed by the Custodian under the Custodial and Paying Agency Agreement, (iii) is qualified and licensed to do business in each such jurisdiction to the extent required unless and to the extent the failure to be so qualified or licensed will not have a material adverse effect on the Custodian or the ability of the Custodian to perform its obligations under the Custodial and Paying Agency Agreement,
Qualified custodian means a Canadian custodian or a foreign custodian; “registered firm” means a registered dealer, a registered adviser, or a registered
Qualified custodian means a person who meets the requirements of s. 732.525(1).
Qualified custodian means any Person that (i) is a bank, trust company or title insurance company subject to supervision and examination by any federal or state regulatory authority, (ii) is experienced in providing services of the type required to be performed by the Document Custodian under the Custodial Agreement, (iii) is not prohibited from exercising custodial powers in any jurisdiction in which the Custodial Documents (as defined in the Custodial Agreement) are or will be held, and is qualified and licensed to do business in each such jurisdiction to the extent required unless and to the extent the failure to be so qualified or licensed will not have a material adverse effect on the Document Custodian or the ability of the Document Custodian to perform its obligations under the Custodial Agreement, (iv) has combined capital and surplus of at least $50,000,000 as reported in its most recent report of condition, (v) is acceptable to and approved by the Participant (such approval not to be unreasonably withheld, delayed or conditioned), (vi) has the facilities to safeguard the Loan Documents as required by the Custodial Agreement, and (vii) is not a Related Person of the Company or the Servicer.