BNY Affiliate definition

BNY Affiliate means any office, branch or subsidiary of The Bank of New York Company, Inc.
BNY Affiliate means any office, branch or subsidiary of The Bank of New York Company, Inc. <PAGE>
BNY Affiliate means any affiliate of Bank, as such term is defined in Regulation W issued by the Board of Governors of the Federal Reserve System.

Examples of BNY Affiliate in a sentence

  • With respect to any Losses incurred by Customer as a result of the acts or the failure to act by any Subcustodian (other than a BNY Affiliate), Custodian shall take appropriate action to recover such Losses from such Subcustodian; and Custodian’s sole responsibility and liability to Customer shall be limited to amounts so received from such Subcustodian (exclusive of costs and expenses incurred by Custodian).

  • Any such asset of, or obligation to, Customer may be transferred to Custodian and any BNY Affiliate in order to effect the above rights.

  • With respect to any Losses incurred by the Fund as a result of the acts or any failures to act by any Subcustodian (other than a BNY Affiliate), Custodian shall take appropriate action to recover such Losses from such Subcustodian; and Custodian’s sole responsibility and liability to the Fund shall be limited to amounts so received from such Subcustodian ( exclusive of costs and expenses incurred by Custodian).


More Definitions of BNY Affiliate

BNY Affiliate means any office, branch or direct or indirect subsidiary of Custodian and any person controlled by, or under common control with, the Custodian.
BNY Affiliate means any office, branch or subsidiary of The Bank of New York Company, Inc. 3. “Book-Entry System” shall mean the Federal Reserve/Treasury book-entry system for receiving and delivering securities, its successors and nominees. 4. “Business Day” shall mean any day on which Custodian, Book-Entry System and relevant Depositories are open for business. 5. “Depository” shall include the Book-Entry System, the Depository Trust Company, Euroclear, Clearstream Banking S.A. and any other securities depository, book-entry system or clearing agency (and their respective successors and nominees) authorized to act as a securities depository, book-entry system or clearing agency pursuant to applicable law and identified to Customer from time to time. 6. “Oral Instructions” shall mean instructions received verbally by Custodian. 7. “Securities” shall include, without limitation, any common stock and other equity securities, bonds, debentures and other debt securities, notes, mortgages or other obligations, and any instruments representing rights to receive, purchase, or subscribe for the same, or representing any other rights or interests therein (whether represented by a certificate or held in a Depository, with a Subcustodian or on the books of the issuer). 8. “Subcustodian” shall mean a bank or other financial institution (other than a Depository) which is utilized by Custodian in connection with the purchase, sale or custody of Securities hereunder and identified to Customer from time to time. 9. “Written Instructions” shall mean written communications actually received by Custodian by S.W.I.F.T., tested telex, letter, facsimile transmission, or other method or system specified by Custodian as available for use in connection with the services hereunder. ARTICLE II
BNY Affiliate means any office or branch of The Bank of New York ("BNY") and any other entity that directly, or indirectly through one or more intermediaries, controls BNY or that is controlled by or is under common control with BNY.
BNY Affiliate means any office or branch of The Bank of New York ("BNY") and any other entity that directly, or indirectly through one or more intermediaries, controls BNY or that is controlled by or is under common control with BNY.
BNY Affiliate means any office or branch of The Bank of New York ("BNY") and any other entity that directly, or indirectly through one or more intermediaries, controls BNY or that is controlled by or is under common control with BNY.

Related to BNY Affiliate

  • Affiliated Party means, with respect to any Purchaser, any person or entity which, directly or indirectly, controls, is controlled by or is under common control with such Purchaser, including, without limitation, any general partner, officer or director of such Purchaser and any venture capital fund now or hereafter existing which is controlled by one or more general partners of, or shares the same management company as, such Purchaser.

  • Affiliated Company means any company controlled by, controlling or under common control with the Company.

  • Affiliate means any Person that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control with a Person, as such terms are used in and construed under Rule 405 under the Securities Act.

  • Affiliates means, with respect to the Contractor, any of its corporate affiliates or associates, including parent entities, subsidiaries, and other entities in which it owns a substantial interest.

  • Competitor means any business, individual, partnership, joint venture, association, firm, corporation or other entity, other than the Employer or its affiliates or subsidiaries, engaged, wholly or partly, in Company Activities.

  • Company Group means, collectively, the Company and its Subsidiaries.