Examples of Approved Custodian in a sentence
Each Approved Custodian will hold to our order all Charged Securities held by it for its account.
The Lender or its designee exclusively shall deliver Pledged Mortgages or Pledged Securities to (a) an Investor that has issued a Purchase Commitment with respect thereto for its examination and purchase, or (b) an Approved Custodian for purposes of examination or delivery in connection with the issuance of Mortgage-backed Securities.
There is an obvious tendency towards specialisation within each area of the industry with an increasing share of foreign owned production capacity (approximately 50%).The industry consists of many complex processes and products that demand a high degree of knowledge and competence in production especially in the pulp and paper industry.
The Broker shall deposit all such certificates, instruments or documents of title representing the Deposited Securities in safe custody in segregated accounts maintained by the Broker or its Associate with an Approved Custodian, an Authorised Financial Institution or a corporation licensed for dealing in Securities under the SF Ordinance.
Such reporting is generally provided through electronic feeds or monthly reporting by each Approved Custodian for accounts held at such Approved Custodian.