Depositary Bank definition

Depositary Bank means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter.

Depositary Bank means a bank at which a Controlled Deposit Account is maintained.

Depositary Bank shall have the meaning provided in Section 3.9.

Examples of Depositary Bank in a sentence

• CACEIS Bank, Luxembourg Branch acts as the depositary of the SICAV ("Depositary") in accordance with a depositary bank agreement for an unlimited term as amended from time to time ("Depositary Bank Agreement") and with the relevant provisions of the Law and applicable regulations.

• The Deposit Account shall be subject to a deposit account control agreement executed by the Depositary Bank, the Company, and the Dealer Manager, which shall be substantially in the form included as an exhibit to the Escrow Agreement (the “Control Agreement”).

• Information on direct and indirect operational costs and fees that may be incurred in this respect as well as the identity of the entities to which such costs and fees are paid – as well as any relationship they may have with the Depositary Bank or Investment Manager – will be available in the annual report of the Fund.

• A United States address on the records of a specified intermediary, located in the United States, of the Depositary Bank, through which the dividend is paid.

• Annual reports shall be sent to each registered shareholder by electronic means or in hard copy form to the address shown on the register of shareholders and the annual and semi-annual reports shall be made available at the registered offices of the Fund and the Depositary Bank during ordinary office hours, and online at www.rbcgam.lu.

More Definitions of Depositary Bank

Depositary Bank means the first bank to which a check is transferred even though it is also the paying bank or the payee. A check deposited in an account is deemed to be transferred to the bank holding the account into which the check is deposited, even though the check is physically received and indorsed first by another bank.

Depositary Bank means a bank at which a deposit account of any Grantor is maintained.

Depositary Bank has the meaning specified in Section 5.3(f) and shall initially be Wilmington Trust, National Association.

Depositary Bank has the meaning assigned to such term in the preamble.

Depositary Bank shall have the meaning set forth in the Security and Account Control Agreement.

Depositary Bank means the first bank to take an item even though it is also the payor bank,

Depositary Bank means the depositary bank under the Deposit Account Agreement.