Custody Bank definition

Custody Bank means, in relation to a payment denominated in a particular currency, a bank in the principal financial centre for such currency or, where the relevant payment is denominated in euro, in a city in which banks have access to the TARGET System.
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Custody Bank. – shall mean any financial institution, or its branches or agencies, in an international foreign center, which is rated the highest by two internationally recognized risk analysis agencies, able to receive and hold cash balances in an internationally convertible currency, act as the custodian itself or by an Official, keep operation records of the National Oil Account, and provide to the public, directly or through competent entities, the information subject to the transparency principle under the terms of this law;
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Custody Bank means the Contractor or Contractors assigned to provide services consistent with Title 2, Chapter 60, Part 7 NMAC.
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Examples of Custody Bank in a sentence

  • In addition, the shares in the Company held by the Custody Bank of Japan, Ltd.

  • Closed intermediary institutions whose transactions are conducted by the Istanbul Settlement and Custody Bank Inc.

  • Implementation Agreement for the Customer Instructions to be sent to Istanbul Settlement and Custody Bank Inc.

  • If the Collateral Account is an omnibus account, the Custody Bank or a third-party agent or trustee (the “Agent” or “Trustee”) must maintain subledgers showing the amount of Collateral owed to each Lender with respect to the Securities that each such Lender has loaned to Borrower.

  • The XSC controls the whole plasma boundary minimizing the error on more than 30 plasma shape geometrical descriptors (gaps, strike points and Xpoint); thus it can be used to obtain high performance plasmas.

  • Implementation Agreement Relating to the Customer Instructions to be delivered to Istanbul Settlement and Custody Bank Inc.

  • Cash and Cash Equivalents: Assets held by the designated Custody Bank that are cash or can be converted into cash immediately.

  • On 3 March 2009, the Respondent submitted a Supplement to its Counter- Memorial (“R.Supp”), including a forensic expert report of Riley, Welch, LaPorte & Associates (“RWL”) and an expert report of the İstanbul Stock Exchange Settlement & Custody Bank.

  • Dividend payments shall be effected within due time as stipulated by the CMB at three locations at a minimum, which shall be easily accessible by a majority of the shareholders and one of which shall be the Company’s headquarters, as well as at Takasbank (ISE Settlement and Custody Bank, Inc.).

  • Luigi De Ghenghi, et al., “U.S. Banking Agencies Propose Custody Bank Relief Under the Supplementary Leverage Ratio,” FinReg, April 23, 2019, at https://www.finregreform.com/single-post/2019/04/23/u-s-banking-agencies-propose-custody-bank-relief-under-the- supplementary-leverage-ratio.


More Definitions of Custody Bank

Custody Bank means Mellon Bank, N.A., as Custody Bank under the Custody and Control Agreement.
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Custody Bank means any bank or trust company from time to time designated as such by the Board pursuant to Rule IV-7 for the purpose of holding Participant assets in Custody Accounts.
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Custody Bank means the institution at which the Permanent Restricted Account is opened pursuant to this Act;
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Related to Custody Bank

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

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;

  • Custody Agreement The Custody Agreement or Agreements identified in the Trust Agreement.

  • SBI / Bank means State Bank of India (client) a body Corporate created under SBI Act 1955, having one of its Circle Office at State Bank of India, III/1 Pandit Jawaharlal Nehru Marg, Bhubaneswar- 01 and includes the client’s representatives, successors and assigns.

  • Custodian bank means as defined in section 515.35.

  • Foreign Custody Manager has the meaning set forth in section (a)(3) of Rule 17f-5.

  • Bank is defined in the preamble hereof.

  • Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.

  • Custody means joint legal custody, sole legal custody, joint physical custody or sole

  • Collateral Custodian means U.S. Bank National Association, solely in its capacity as collateral custodian, together with its successors and permitted assigns in such capacity.

  • Custodial Institution means any Entity that holds, as a substantial portion of its business, financial assets for the account of others. An entity holds financial assets for the account of others as a substantial portion of its business if the entity’s gross income attributable to the holding of financial assets and related financial services equals or exceeds 20 percent of the entity’s gross income during the shorter of: (i) the three-year period that ends on December 31 (or the final day of a non-calendar year accounting period) prior to the year in which the determination is being made; or (ii) the period during which the entity has been in existence.

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • Indian custodian means any Indian person who has legal custody of an Indian child under tribal law or custom or under State law or to whom temporary physical care, custody, and control has been transferred by the parent of such child;

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

  • Physical custody means the physical care and supervision of a child.

  • Wells Fargo means Wells Fargo Bank, National Association.

  • Collection Agent means at any time the Person then authorized pursuant to Section 6.01 to service, administer and collect Transferred Receivables.

  • Repo Custodian shall have the meaning set forth in the preamble of this Agreement.

  • Non-Custody Assets shall have the meaning set forth in Section 10.1.

  • Custodial Agent means the Person who is then the Custodial Agent thereunder.

  • Joint custody means (i) joint legal custody where both parents retain joint responsibility for the

  • the institution means the institution which the Corporation is established to conduct and any institution for the time being conducted by the Corporation in exercise of its powers under the Further and Higher Education Act 1992;

  • Depositor Affiliate has the meaning specified in Section 4.9.

  • private institution (“sefydliad preifat”) means an institution which is not publicly funded;

  • Legal custody means (i) a legal status created by court order which vests in a custodian the right to

  • Home Institution means the institution where the student is currently enrolled as a degree seeking student and may be eligible for financial aid at the same institution.