Custodian Agent definition

Custodian Agent means the agent appointed by the Vendors and the Purchaser jointly as the custodian of 10% of the Consideration Shares. Force Majeure means an event occurring after the date of this Agreement that impedes performance by any Party of all or any of its obligations under this Agreement and the occurrence of which is beyond the control of the Party and cannot be foreseen, avoided or overcome, including earthquake, typhoon, flooding, fire, war, government action or other event that cannot be foreseen, avoided or controlled including those normally regarded as a force majeure event in accordance with international business practice.

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Custodian Agent an intermediary authorized by ASF to carry out services of custody and management of financial instruments for the clients whose agent it is, and who signed a contract of participation in the Central Depositary System, based on the specific custody regulations issued by the Central Depositary.

Custodian Agent an intermediary authorized by NSC to carry out services of custody and management of financial instruments for the clients whose agent it is, and who signed a contract of participation in the Central Depositary System, based on the specific custody regulations issued by the Central Depositary.

Examples of Custodian Agent in a sentence

• The Bank, as Custodian, Agent or otherwise, shall, upon termination of the Agreement, deliver to such successor custodian, all securities then held hereunder and all funds or other properties of the Fund deposited with or held by the Bank hereunder and all books of account and records kept by the Bank pursuant to this Agreement, and all documents held by the Bank relative thereto.

• The Bank, as Custodian, Agent or otherwise, shall, upon termination of the Agreement, deliver to such successor custodian, all securities then held hereunder and all funds or other properties of the Trust deposited with or held by the Bank hereunder and all books of account and records kept by the Bank pursuant to this Agreement, and all documents held by the Bank relative thereto.

• Unless the Participant shall have filed with the Custodian Agent written exceptions or objections to such Statement within thirty (30) days after it is furnished, the custodian shall be forever released and discharged from liability or accountability to the Participant or the Beneficiary, with respect to the acts and transactions shown in the Statement.

• The Bank, as Custodian, Agent or otherwise, shall, upon termination of this Agreement, deliver to such successor custodian, all securities then held hereunder and all funds or other properties of the Fund deposited with or held by the Bank hereunder and all books of account and records kept by the Bank pursuant to this Agreement, and all documents held by the Bank relative thereto.

• The Customer acknowledges that the Onshore Custodian may in its own discretion select an offshore financial institution as its Offshore Custodian Agent in accordance with Applicable Laws, business practice and risk management requirements.

• Unless the Participant shall have filed with the Custodian Agent written exceptions or objections to such statement within thirty (30) days after it is furnished, the custodian shall be forever released and discharged from liability or accountability to the Participant or the Beneficiary, with respect to the acts and transactions shown in the statement.

• On the Completion Date, the Purchaser shall in accordance with Clause 8 (i) issue 50% of the Consideration Shares and deliver 40% of the Consideration Shares to each of the Vendors; (ii) deliver 10% of the Consideration Shares to the Custodian Agent for holding, custody and disposal in accordance with the Custodian Agreement; and (iii) retain 10% of the Consideration Shares in accordance with Clause 6.

• The Bank, as Custodian, Agent or otherwise; shall, upon termination of the Agreement, deliver to such successor custodian, all securities then held hereunder and all funds or other properties of the Fund deposited with or held by the Bank hereunder and all books of account and records kept by the Bank pursuant to this Agreement, and all documents held by the Bank relative thereto.

• In the event of any Custodian Dispute, the Custodian Agent shall be entitled to petition a court of competent jurisdiction in Delaware or New York to resolve such Custodian Dispute, and Parent and CS hereby consent to the jurisdiction of any such court with respect to any such Custodian Dispute.

• The Vendors shall deliver or procure to be delivered 10% of the Consideration Shares (including the rights to dividends and bonus) to the Custodian Agent as security for achieving the Performance Targets.

More Definitions of Custodian Agent

Custodian Agent. Comerica Bank-Texas, a Texas banking corporation or its successors as Custodian, under the Custodian Agreement.

Custodian Agent. Comerica Bank-Texas or its successors as Custodian, under the Custodian Agreement.

Custodian Agent means Banco do Brasil S.A. (Gecin - Núcleo de Instituição Depositária, located at ▇▇▇ ▇▇▇▇▇ ▇▇▇▇, nº 105, 38º andar, ▇▇▇▇▇-▇▇▇ - ▇▇▇ ▇▇ ▇▇▇▇▇▇▇/▇▇), which serves as the custodian agent responsible for the book entry of the Shares of the Company.