Custody Account definition

Custody Account means each custody account on Bank’s records to which Financial Assets are or may be credited pursuant hereto.

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Custody Account means any account in the name of the Trust, which is provided for in Section 3.2 below.

Custody Account means the custody account or accounts held and administered outside The Netherlands (including any cash account relating to any securities account) established on the books of the Custodian in accordance with the provisions of the Agency Agreement, which term shall include each cash account relating to each such Custody Account (if any).

Examples of Custody Account in a sentence

The Custody Account will be a custody account for the receipt, safekeeping and maintenance of Securities, and the Cash Account will be a current account for Cash.
Any Securities in a Custody Account deposited by the Custodian with a foreign custodian or non- U.S. depository or clearing agency will be subject only to the instructions of the Custodian or its agents; and any foreign investments held in a non-U.S. depository or clearing agency for the account of a foreign custodian will be subject only to the instructions of such foreign custodian as Subcustodian for theCustodian.
The Custodian -shall send the Client a notice or advice of any transfers of Securities to or from the Custody Account of a Portfolio.
The Custodian shall also, subject to restrictions under applicable law, seek to obtain from any entity with which the Custodian maintains the physical possession of any Securities in a Custody Account such records of such entity relating to the Custody Account as may be required by the Client, on behalf of a Portfolio, or its agents in connection with an internal examination by the Client, on behalf of a Portfolio, of its own affairs or requests of regulatory authorities.
Where Securities are transferred to the Custody Account of a Portfolio, the Custodian shall also, by book-entry or otherwise, identify as belonging to such Portfolio a quantity of Securities in a fungible bulk of Securities (i) registered in the name of the Custodian (or its nominee) or (ii) shown on the Custodian’s account on the books of the depository.

More Definitions of Custody Account

Custody Account means the custody account established on the books of the Custodian in connection with the Notes in accordance with the provisions of the Custody Agreement.

Custody Account means any account in the name of the Fund, which is provided for in Section 3.2 below.

Custody Account means the custody account or accounts in the name of the Client and/or such other name as the Client may reasonably designate, for the deposit of any Property (other than cash) from time to time received by the Custodian for the account of the Client.

Custody Account means, with respect to a Portfolio, the account in the name of such Portfolio, which is provided for in Section 3.2 below.

Custody Account means each account established by the Custodian for the Client for recording the receipt, safekeeping and maintenance of Securities or other financial assets as agreed by the Custodian under this Agreement.

Custody Account has the meaning specified in the Collateral Agreement.

Custody Account means the account in the name of the Fund, which is provided for in Section 3.2 below.