Intermediary Custodian definition

Intermediary Custodian means any Subcustodian that is a Securities Intermediary and is qualified to act as a custodian.
Sample 1Sample 2Sample 3
Intermediary Custodian means any subcustodian that is a securities inter- mediary and is qualified to act as a custodian.
Sample 1Sample 2Sample 3
Intermediary Custodian means any subcustodian that is a securities intermediary and is qualified to act asa custodian.
Sample 1

Examples of Intermediary Custodian in a sentence

  • The Fund's purchases and sales of securities will be conducted according to those brokerage services offered by the Intermediary Custodian.

  • Such moneys will be deposited by the Intermediary Custodian in its capacity as such, and shall be withdrawable by the Intermediary Custodian only in such capacity.

  • The Intermediary Custodian also has an obligation not to use this information for trading purposes.

  • Due to the nature of the underlying investment not meeting the classification of a ‘financial product’ as defined by ASIC, there is no custodial requirement in operating the Fund.Despite this, the Funds assets will be safeguarded using a Proprietary Custodian System, which includes the use of a traditional Intermediary Custodian, separation of duties, additional back-up processes, multi- location storage and Vaulting Services.

  • The Intermediary Custodian shall open and maintain a separate brokerage ac- count or accounts in the United States in the name of the Fund and shall hold cash received by it or for the account in accordance with Rule 17f-4 under the Investment Company Act of 1940.

  • Our contact information appears on the front and back cover pages.We provide additional coverage of prescription drugs in Tier 1 (Preferred Generic), Tier 2 (Generic), and Tier 3 (Preferred Brand – select insulins only) in the Coverage Gap.

  • Such moneys shall be deposited by the Inter- mediary Custodian in its capacity as such, and shall be withdrawable by the Intermediary Custodian only in such capacity.

  • Mount Isa Project – wholly-owned projects Hammer’s activities during the year culminated in an update to the Kalman JORC resource.

  • Minutes of the Board of Directors of Depository An official acceptance from the Depository Institution’s Board of Directors providing written record of the appointment of the Treasurer’s approved Securities Intermediary (Custodian) into the minutes of the Board of Director.

  • Harcourt agreed that it did not note that Mr. Stewart had a broken back.

Related to Intermediary Custodian

  • Foreign Depository means (a) Euroclear, (b) Clearstream Banking, societe anonyme, (c) each Eligible Securities Depository as defined in Rule 17f-7 under the Investment Company Act of 1940, as amended, identified to the Fund from time to time, and (d) the respective successors and nominees of the foregoing.

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

  • Subcustodian means a bank (including any branch thereof) or other financial institution (other than a Foreign Depository) located outside the U.S. which is utilized by Custodian in connection with the purchase, sale or custody of Securities hereunder and identified to the Fund from time to time, and their respective successors and nominees.

  • Depository Participant A broker, dealer, bank or other financial institution or other Person for whom from time to time a Depository effects book-entry transfers and pledges of securities deposited with the Depository.