Qualified Foreign Bank definition

Qualified Foreign Bank shall have the meaning provided in the Rule.

Qualified Foreign Bank. (as such term is defined in Rule 17f-5) meeting the requirements of an "Eligible Foreign Custodian" (as such term is defined in Rule 17f-5) or by SEC order exempt therefrom; (b) majority-owned direct or indirect subsidiary of a "U.S. bank" (as such term is defined in Rule 17f-5) or bank holding company meeting the requirements of an Eligible Foreign Custodian or exempt by SEC order therefrom; or (c) any bank (as such term is defined in Section 2(a)(5) of the 0000 Xxx) meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder (each a "Foreign Sub-Subcustodian") or (2) any "Securities Depository" (as such term is defined in Rule 17f-5) or clearing agency meeting the requirements of an Eligible Foreign Custodian or exempt by SEC order therefrom ("Securities Depositories and Clearing Agencies"), provided that the Foreign Custody Manager's appointments of such Eligible Foreign Custodians shall at all times be governed by the Delegation Agreement.

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 govern- ment.

Examples of Qualified Foreign Bank in a sentence

• 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.

• The Custodian agrees that, as of the date of the Agreement, with the exception of the subcustodian used in the market of Jamaica, any subcustodian used by the Custodian to perform services under the Agreement is a bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act or a "Qualified Foreign Bank" meeting the requirements of an "Eligible Foreign Custodian" as specified in Rule 17f-5 under the 1940 Act.

• The Custodian agrees that any subcustodian will be a bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act or a "Qualified Foreign Bank" meeting the requirements of an "Eligible Foreign Custodian" as specified in Rule 17f-5 under the 1940 Act.

More Definitions of Qualified Foreign Bank

Qualified Foreign Bank shall have the meaning provided in Rule 17f-5.

Qualified Foreign Bank. Interested Person" and "Principal Underwriter" have the meanings provided in the 1940 Act. Except as such term may be otherwise defined by the Trustees in conjunction with the establishment of any Series of Shares, the term "Majority Shareholder Vote" shall have the same meaning as is assigned to the term "vote of a majority of the outstanding voting securities" in the 1940 Act.

Qualified Foreign Bank has the same meaning as in Rule 17f-5 under the Act.

Qualified Foreign Bank means a banking institution or trust company, incorporated or organized under thelaws of a country other than the United States, that is regulated as such by the country’s government or an agency

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.

Qualified Foreign Bank. (as such term is defined in Rule 17f-5) meeting the requirements of an "Eligible Foreign Custodian" (as such term is defined in Rule 17f-5) or by SEC order exempt therefrom; (b) majority- owned direct or indirect subsidiary of a "U.S. bank" (as such term is defined in Rule 17f-5) or bank holding company meeting the requirements of an Eligible Foreign Custodian or exempt by SEC order therefrom; or (c) any bank (as such term is defined in Section 2(a)(5) of the 1940 Act) meeting the requirements of a custodian under Sectiox 00(x) of the 1940 Act and the rules and regulations thereunder (each a "Foreign Sub-Subcustodian") or (2) any "Securities Depository" (as such term is defined in Rule 17f-5) or

Qualified Foreign Bank has the same meaning as in the Rule.