Common use of Clearing Member Clause in Contracts

Clearing Member. The Term Clearing Member shall mean a registered broker-dealer that is a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

Appears in 13 contracts

Samples: Custody Agreement (Viking Mutual Funds), Custody Agreement (PFM Funds), Custody Agreement (Wells Fargo Variable Trust)

AutoNDA by SimpleDocs

Clearing Member. The Term term Clearing Member shall mean a registered broker-dealer that is a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

Appears in 3 contracts

Samples: Custody Agreement (Eagle Point Income Co LLC), Custody Agreement (EP Income Co LLC), Custody Agreement (Eagle Point Credit Co Inc.)

AutoNDA by SimpleDocs

Clearing Member. The Term Clearing Member shall mean a registered broker-broker- --------------- dealer that is a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

Appears in 2 contracts

Samples: Custody Agreement (Wells Fargo Variable Trust), Custody Agreement (Wells Fargo Funds Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.