Safekeeping means protecting property, assets, or persons through a physical presence to detect and deter illegal actions, inappropriate actions, violations of the property’s or premise’s rules or code of conduct, or unsafe conditions; including but not limited to theft, damage, harm, or risk of injury to such persons or property, as applicable.
Safekeeping means the preservation of records.
Safekeeping is covered by LPML. This means the lease of safe boxes or deposit boxes for the purpose of keeping money, securities, valuables and other movable property for clients. At the time of the evaluation visit, only 9 banks performed safekeeping activities.
Examples of Safekeeping in a sentence
Registered Securities issued under the New Safekeeping Structure shall be deposited with a Common Safekeeper for Euroclear and Clearstream, Luxembourg All Registered Securities of the same Series shall have the same Denomination.
Safekeeping and administration of the Financial Instruments for the Client’s Trading Account, including custodianship and related services such as cash/collateral management.
Share draft Safekeeping is automatic on Your Account and Your cancelled share drafts will not be returned to You.
In addition, on and after the date hereof, the Certificate Administrator may establish any number of subaccounts to the Retained Interest Safekeeping Account for each Retaining Party.
Bank Negara Malaysia, Scripless Securities Trading and Safekeeping System Mauritius Central Depository and Settlement Co. Ltd.
More Definitions of Safekeeping
Safekeeping. The Collateral Agent agrees to (i) maintain the Collateral (other than Spread Account Permitted Investments) received by it and all records and documents relating thereto at the office of the Collateral Agent specified in Section 8.06 hereof or such other address within the State of Illinois (unless all filings have been made to continue the perfection of the security interest in the Collateral to the extent such security interest can be perfected by filing a financing statement, as evidenced by an Opinion of Counsel delivered to the Controlling Party, as may be approved by the Controlling Party and (ii) take Delivery of and maintain the Spread Account Permitted Investments and all records and documents relating thereto at its offices within the State of New York. The Collateral Agent shall keep all Collateral and related documentation in its possession separate and apart from all other property that it is holding in its possession and from its own general assets and shall maintain accurate records pertaining to the Spread Account Permitted Investments and Spread Accounts included in the Collateral in such a manner as shall enable the Collateral Agent and the Secured Parties to verify the accuracy of such record-keeping. The Collateral Agent's books and records shall at all times show that the Collateral is held by the Collateral Agent as agent of the Secured Parties and is not the property of the Collateral Agent. The Collateral Agent will promptly report to each Secured Party and the Transferor any failure on its part to hold the Collateral as provided in this Section 2.06(a) and will promptly take appropriate action to remedy any such failure.
Safekeeping means an ARD shall ensure that no damage or loss of property occurs to a customer’s vehicle while in the ARD’s possession.
Safekeeping. (“Úschova”) means separate safekeeping of a certificated Security; if the Dealer uses the
Safekeeping. Any Investment Products held by the Company or any of its Affiliates for safekeeping pursuant to the Agreement may, at the Company's discretion and subject to Applicable Regulations:
(a) (in the case of registrable Investment Products) be registered in the name of the Client or in the name of the Company or the Company's nominee, and in respect of the Securities, held in the Client’s favour; or
(b) be deposited in safe custody in a Segregated Account which is designated as a trust account and maintained in the relevant Market by the Company with the Company's Affiliate or any other institution which is qualified to provide facilities for the safe custody of Investment Products and documents relating thereto; and in either case, shall not form part of the assets of the Company for insolvency or winding-up purposes but shall be returned to the Client promptly upon the appointment of a provisional liquidator, liquidator or similar officer over all or any part of the business or assets of the Company.
Safekeeping. Any vehicle towed at the request of the Police Department where person(s) entitled to possession is either not present or incapacitated and unable to make arrangements for its security. Vehicle towed for “safekeeping” will be stored to prevent loss of property and in some cases inaccessible unless authorized by the Police Department. Response time is 30 minutes.
Safekeeping. The Customer must ensure that during the Hire Period the Plant is stored safely and securely and is protected from theft, seizure or damage.