Examples of Qualified Foreign Bank in a sentence
The terms Foreign Assets, Fund, Qualified Foreign Bank, Registered Canadian Fund, and U.S. Bank have the same meanings as in § 270.17f-5.
The Trustees may delegate to the Trust's officers, Investment Adviser, Custodian or a Qualified Foreign Bank the responsibility to select Eligible Foreign Custodians in accordance with the provisions of the 1940 Act or any rule, regulation or order of the Commission thereunder.
The Foreign Custody Manager represents to the Fund that it is a Qualified Foreign Bank as defined in section (a)(5) of Rule 17f-5.
The Trustees may delegate to the Trust’s officers, Investment Adviser, Custodian or a Qualified Foreign Bank the responsibility to select Eligible Foreign Custodians in accordance with the provisions of the 1940 Act or any rule, regulation or order of the Commission thereunder.
A Qualified Foreign Bank means a banking institution or trust company, incorporated or organized under the laws of a country other than the United States, that is regulated as such by the country’s government or an agency of the country’s government, but does not include a branch of a “U.S. bank,” which is a U.S. bank the appointment of which is not subject to Section 2.5.