Custody Agent definition
Examples of Custody Agent in a sentence
For the avoidance of doubt, such Replacement Cost shall cover any and all replacement costs incurred in respect of the replacement of Data Custody Agent Services B.V. as Data Protection Trustee.
The Custody Agent has made no independent examination of such documents beyond the review specifically required in the above-referenced Custody Agreement.
Upon such conversion, the Representative shall cause to be distributed from the Payment Fund an amount with respect to such converted Common Shares computed in accordance with the payment formula described in Section 3.1 hereof, and the Custody Agent shall pay over such amount to the holder of such converted Common Shares as soon as practicable thereafter.
Additionally, with regard to original Mortgage Notes for Wet-Funded Mortgage Loans, to the extent that the Company has endorsed such Mortgage Note by means of an allonge, the Custody Agent shall match up such allonge with the related Mortgage Note.
On the applicable Purchase Date, the Purchaser shall either (i) pay or (ii) cause the Custody Agent, pursuant to the terms of the Custody Agreement, to pay to the Seller the Initial Tranche Amount for the related Eligible Assets against receipt of the documents required to be delivered by the Seller pursuant to either Section 2.02 or 2.03, as the case may be.
The Purchaser, Acquisition Sub and the Custody Agent shall have executed and delivered the Custody Agreement.
The successful Bidder who would like to participate in the Non-Binding Mediation of any and all claims arising under the Contract, as provided in Subsection 107.02, shall, within the same ten State Business Day period, escrow all of its bid preparation documents, which are dated prior to or as of submission of the bid proposal to the Department, in sealed boxes with a Custody Agent, and return to the Department a Custody Agreement fully executed by the Bidder and the Custody Agent.
Employee grants such Custody Agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises in connection with such Consolidation Transaction, as fully as to all intents and purposes as Employee might or could do in person, and hereby ratifies and confirms all that such Custody Agent may lawfully do or cause to be done by virtue hereof.
Additionally, Custody Agent shall notify both the Purchaser and the Company of any Wet-Funded Mortgage Loan for which it did not receive the related Mortgage Note or Assignment of Mortgage.
Upon termination of the Custody Agent as Custody Agent under this Agreement, the Representative shall use reasonable endeavours to appoint a Custody Agent that satisfies the conditions set forth in Clauses 17.2(c) and (d).