Foreign Securities System definition

Foreign Securities System means an Eligible Securities Depository listed on Schedule B hereto.

Foreign Securities System means a clearing agency or a securities depository listed on Schedule A hereto.

Foreign Securities System means an Eligible Securities Depository listed on Exhibit E hereto.

Examples of Foreign Securities System in a sentence

• The Custodian shall identify on its books as belonging to the Funds the foreign securities held by each Foreign Sub-Custodian or Foreign Securities System.

• Foreign securities shall be maintained in a Foreign Securities System in a designated country only through arrangements implemented by the Foreign Sub-Custodian in such country pursuant to the terms of this Agreement.

• Foreign securities and other financial assets held outside of the United States shall be maintained in a Foreign Securities System in a Covered Foreign Country through arrangements implemented by the Custodian or an Eligible Foreign Custodian, as applicable, in the Covered Foreign Country.

• The Custodian shall pay out, or direct the respective Eligible Foreign Custodian or the respective Foreign Securities System to pay out, cash of a Portfolio only upon receipt of Proper Instructions specifying the amount of the payment and the person or persons to payment is to be made.

• The Custodian shall pay out, or direct the respective Eligible Foreign Custodian or the respective Foreign Securities System to pay out, cash of a Portfolio only upon receipt of, and in accordance with, Proper Instructions specifying the amount of the payment and the person or persons to payment is to be made.

More Definitions of Foreign Securities System

Foreign Securities System means a Clearance System located outside the United States that is an Eligible Securities Depository (as defined in Rule 17f-7(b)(1) of the Investment Company Act) and that is made available to the Client via the Custodian’s web portal.

Foreign Securities System will mean an Eligible Securities Depository. Custodial Services Service Module 2 BTC | State Street CONFIDENTIAL

Foreign Securities System means an Eligible Securities Depository listed on Schedule B hereto. “Foreign Sub-Custodian” means a foreign banking institution serving as an Eligible Foreign Custodian hereunder. SECTION 5.2

Foreign Securities System means an Eligible Securities Depository listed on Appendix B hereto.

Foreign Securities System means either a clearing agency or a securities depository listed on Schedule A hereto or a Eligible Securities Depository listed on Schedule B hereto.

Foreign Securities System means an Eligible Securities Depository as identified in a Risk Analysis (as defined in Section 1.3.1.).

Foreign Securities System will mean an Eligible Securities Depository.