Safekeeping Securities definition

Safekeeping Securities means Securities which are in your name but are held by us and in respect of which all payments made in relation to the said Safekeeping Securities are paid directly to you and are either collected by us on your behalf or are otherwise paid directly to you or to your order by the issuer of such Safekeeping Securities.
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Examples of Safekeeping Securities in a sentence

  • Safekeeping Securities purchased from broker-dealers are held in third party safekeeping by the trust department of the broker-dealer or other designated third party trust in the Authority/City’s name and control, whenever possible.

  • From time to time we may, upon your request, receive and hold Custodial Securities and Safekeeping Securities on your behalf.

  • Custodian and Safekeeping Securities which are jointly deposited with us shall only be delivered up to you on the authority of both or all joint holders, as the case may be, save and except where a mandate or other instruction has been given to us by the joint holders that any one Investor has such authority.

  • Then, every nth element in succession from the list of each industrial sector was selected.

  • Breach of an undertaking on our part for safe custody of the Custodian and Safekeeping Securities shall not give rise to a claim for damages for loss or damage to such Securities unless such loss or damage was due to our willful default or gross negligence.

  • We hereby agree and confirm that in providing custodial or safekeeping services to you, we shall be in possession of Custodian and Safekeeping Securities in the capacity of custodian only and that such possession does not constitute any equitable title to, or charge over, the Custodial of Safekeeping Securities except as otherwise set out in these Terms and Conditions.

  • On the death of a joint holder, we shall be deemed to be authorized to deliver up the Custodian and Safekeeping Securities to the surviving Investor(s), where appropriate and allowable by law.

  • You agree that the receipt and holding of Custodial Securities and Safekeeping Securities shall be governed by this Section and that you shall pay our then current fees for custodial and safekeeping services as disclosed in our usual schedule of fees as amended from time to time.

  • Pursuant to the First and Second Stipulations, FUNB turned over the income from the Safekeeping Securities (e.g. the proceeds, dividends, distributions and other income derived therefrom) (the "Custodial Income") to CMM including all Custodial Income received between the Petition Date and the entry of the First Stipulation on August 5, 1999 and all Custodial Income received through March 31, 2000.

  • The service functions required are:  Safekeeping, Securities Transactions, Income Collection, Accounting, and Audited Reporting; Settlement and Custody; Cash Management; Demand deposit and custodial bank accounts for commercial property investments; Technology/Systems Support; and, Securities Lending (if selected) The CLO is seeking a cost-effective custodial solution that provides the CLO access to high- quality technology, seamless delivery of custody services, and client service/support.

Related to Safekeeping Securities

  • Controlling Securities means (i) the Class A Notes so long as the Class A Notes are outstanding, (ii) after the Class A Notes are no longer outstanding, the Class B Notes so long as the Class B Notes are outstanding and (iii) after the Class B Notes are no longer outstanding, the Class C Notes so long as the Class C Notes are outstanding.

  • Underlying Securities means any securities issuable on conversion, exchange or exercise of compensation securities.

  • Qualifying Securities means securities issued by the Issuer that:

  • Underlying Securities Issuer With respect to an Underlying Security, the issuer thereof (including, if applicable, the guarantor of the Underlying Security), as identified in the Underlying Securities Schedule.

  • Closing Securities shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Existing Securities means, collectively, the Equity Securities and the Debt Securities.

  • Securities as used herein does not include (i) securities of issuers that are affiliated with the Buyer or are part of the Buyer's Family of Investment Companies, (ii) securities issued or guaranteed by the U.S. or any instrumentality thereof, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.

  • Investment Securities means any of the following:

  • NIM Securities As defined in the tenth Recital to this Agreement.

  • Replacement Securities means securities of the same issuer, class and denomination as Loaned Securities.

  • Escrowed Securities means the direct, noncallable obligations of the United States of America, as described in the Escrow Agreement.

  • Company Voting Securities means the combined voting power of all outstanding voting securities of the Company entitled to vote generally in the election of directors to the Board.

  • Uncertificated Securities means securities as defined in the Securities Services Act which are by virtue of the Companies Act transferable without a written instrument and are not evidenced by a certificate;

  • Contract Securities means the Offered Securities, if any, to be purchased pursuant to the delayed delivery contracts referred to below.

  • Controlling Secured Parties means, with respect to any Shared Collateral, the Series of First Lien Secured Parties whose Authorized Representative is the Applicable Authorized Representative for such Shared Collateral.

  • Underlying Securities Trustee means The Bank of New York.

  • Deposit Securities means, as of any date, any United States dollar-denominated security or other investment of a type described below that either (i) is a demand obligation payable to the holder thereof on any Business Day or (ii) has a maturity date, mandatory redemption date or mandatory payment date, on its face or at the option of the holder, preceding the relevant Redemption Date, Dividend Payment Date or other payment date in respect of which such security or other investment has been deposited or set aside as a Deposit Security:

  • Physical Securities means permanent certificated Securities in registered form issued in denomination of $1,000 Principal Amount and integral multiples thereof.

  • Parent Securities has the meaning set forth in Section 4.02(b)(ii).

  • relevant securities means Ordinary Shares and securities carrying conversion or subscription rights into Ordinary Shares;

  • APM Qualifying Securities means, with respect to an Alternative Payment Mechanism or any Mandatory Trigger Provision, one or more of the following (as designated in the transaction documents for any Qualifying Capital Securities that include an Alternative Payment Mechanism or a Mandatory Trigger Provision, as applicable):

  • Client Securities Rules means the Securities and Futures (Client Securities) Rules (Cap 571H of the Laws of Hong Kong).

  • Outstanding Voting Securities means the combined voting power of the then-outstanding voting securities of the Company entitled to vote generally in the election of directors.

  • Offeror’s Securities means Voting Shares Beneficially Owned by an Offeror on the date of the Offer to Acquire;

  • Outstanding Company Voting Securities means outstanding voting securities of the Company entitled to vote generally in the election of directors; and any specified percentage or portion of the Outstanding Company Voting Securities (or of other voting stock or voting securities) shall be determined based on the relative combined voting power of such securities;

  • Related Securities means any options or warrants or other rights to acquire Shares or any securities exchangeable or exercisable for or convertible into Shares, or to acquire other securities or rights ultimately exchangeable or exercisable for or convertible into Shares.