Broker or Custodian definition

Broker or Custodian means each securities company, custodian, organisation or entity that is a depository participant that is: (i) approved by TSD (as the sole Central Securities Depository in Thailand) to use its depositing, withdrawing, and transferring securities services or its clearing for transfer of securities services as a depositor; and (ii) keeping the tendered Source Bonds owned by each relevant Eligible Bondholder under its account(s) in the depository system provided by the TSD.
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Examples of Broker or Custodian in a sentence

  • Prior to such credit, the Stock Broker or Custodian Bank for the consortium of sellers shall obtain a declaration in writing signed by the authorized signatories of such entities/agencies, stating that due authority has been obtained from such entities/agencies of the consortium for the credit of securities to a Special CDS Account to facilitate the sell order.

  • In instances where the Government of Sri Lanka holds shares of a Listed Entity through multiple entities/agencies and wishes to submit a single sell order as a consortium using the AON Block facility on the ATS through a Stock Broker, the shares held by such entities/agencies in their respective CDS Accounts shall first be credited to a Special CDS Account opened by a Stock Broker or Custodian Bank for this purpose.

  • From and after the submission of your Exchange Offer Form, the Source Bonds offered for exchange may not be sold, transferred, conveyed, encumbered or otherwise disposed of, and the Issuer, your Broker or Custodian and the BOT (as the registrar of Source Bonds) shall not record or implement any such sale, transfer, conveyance, encumbrance or disposition, until the Settlement Date, except for the transfer or surrender of such Source Bonds to the Issuer in accordance with this Exchange Offer Memorandum.

  • Such Instruction Letter must be signed by you and your Broker or Custodian to acknowledge and agree that they will comply with the instructions therein in all respects and submitted to the Joint Lead Managers one business day prior to the first day of the Submission Period, in accordance with the details, conditions and submission methods specified in the Instruction Letter.

  • Any investors whose Source Bonds are held on its behalf by a Broker or Custodian (as defined herein) must contact the Joint Lead Managers (as defined below) and their Broker or Custodian if they wish to participate in the Exchange Offer.

  • This Dealing Fee will cover any third party fees, such as Broker or Custodian charges incurred on the realisation of Shares.

  • This Dealing Fee will cover any third party fees, such as Broker or Custodian charges incurred on the acquisition of Shares.

  • Contractor will permit County, or any duly authorized agent of County, to inspect and examine the books and records of Contractor for the purpose of verifying the amount of work performed under the Scope of Services.

  • All information and recommendations furnished by GBM Wealth Management to Client and all information regarding the operation and investment of Assets in the Account, including but not limited to any non-public personal information about Client that GBM Wealth Management receives from Client, Broker or Custodian (“Customer Information”), shall be regarded and treated as confidential by the parties hereto.

  • Advisor is not responsible for any reports furnished to Client by Broker or Custodian for the Account.

Related to Broker or Custodian

  • Sub-Custodian means and include (i) any branch of a “U.S. bank,” as that term is defined in Rule 17f-5 under the 1940 Act, and (ii) any “Eligible Foreign Custodian” having a contract with the Custodian which the Custodian has determined will provide reasonable care of assets of the Fund based on the standards specified in Section 3.3 below. Such contract shall be in writing and shall include provisions that provide: (i) for indemnification or insurance arrangements (or any combination of the foregoing) such that the Fund will be adequately protected against the risk of loss of assets held in accordance with such contract; (ii) that the Foreign Securities will not be subject to any right, charge, security interest, lien or claim of any kind in favor of the Sub-Custodian or its creditors except a claim of payment for their safe custody or administration, in the case of cash deposits, liens or rights in favor of creditors of the Sub-Custodian arising under bankruptcy, insolvency, or similar laws; (iii) that beneficial ownership for the Foreign Securities will be freely transferable without the payment of money or value other than for safe custody or administration; (iv) that adequate records will be maintained identifying the assets as belonging to the Fund or as being held by a third party for the benefit of the Fund; (v) that the Fund’s independent public accountants will be given access to those records or confirmation of the contents of those records; and (vi) that the Fund will receive periodic reports with respect to the safekeeping of the Fund’s assets, including, but not limited to, notification of any transfer to or from a Fund's account or a third party account containing assets held for the benefit of the Fund. Such contract may contain, in lieu of any or all of the provisions specified in (i)-(vi) above, such other provisions that the Custodian determines will provide, in their entirety, the same or a greater level of care and protection for Fund assets as the specified provisions.

  • Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.

  • Bankruptcy Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.