Replacement Subcustodian definition

Replacement Subcustodian shall have the meaning set forth in Section 2.1.
Replacement Subcustodian shall have the meaning set forth in Article III, Section 1(a).
Replacement Subcustodian means a Subcustodian which is a successor to a Subcustodian appointed by Custodian in accordance with Section 1(a) of Article III hereof.

Examples of Replacement Subcustodian in a sentence

  • In the event the Custodian selects a Replacement Subcustodian, the Custodian shall not utilize such Replacement Subcustodian until after the Client’s board or foreign custody manager has determined that utilization of such Replacement Subcustodian satisfies the requirements of the ’40 Act and Rule 17f-5 thereunder to the extent applicable.