Examples of Mandatory Securities Depository in a sentence
Custodians For each Eligible Foreign Custodian selected by the Foreign Custody Manager, the Foreign Custody Manager shall (or, in the case of a Securities Depository which is not a Mandatory Securities Depository, may under the rules or established practices or procedures of the Securities Depository) enter into a written contract governing the Fund's foreign custody arrangements with the Eligible Foreign Custodian.
This Agreement supersedes and replaces the Foreign Country Selection and Mandatory Securities Depository Responsibilities Delegation Agreement dated September 9, 1998, as amended.
This Amendment No. 1 dated as of September 28, 1998, amends the Foreign Country Selection and Mandatory Securities Depository Responsibilities Delegation Agreement (the "Agreement"), dated September 9, 1998, between A I M Advisors, Inc., a Delaware corporation and each registered investment company (the "Investment Companies") and its respective portfolios (the "Funds") listed on the signature page thereof.
Establishment of a system (a) to monitor the appropriateness of maintaining the Fund's Foreign Assets with a particular Mandatory Securities Depository under Section 4 above, and the contracts governing the Funds' arrangements under Section 5 above; and (b) to notify the Funds promptly if an arrangement no longer meets the requirements of [this section B] and to withdraw promptly the Funds' Foreign Assets from such Mandatory Securities Depository in such event.
Determinations by AIM that the Foreign Assets will be subject to reasonable care, based on the standards applicable to custodians in the relevant market, if such Assets are held with a Mandatory Securities Depository.
DEPOSITORY RESPONSIBILITIES DELEGATION AGREEMENT This Amendment No. 7, dated as of November 15, 1999, amends the Foreign Country Selection and Mandatory Securities Depository Responsibilities Delegation Agreement, dated September 9, 1998, between A I M Advisors, Inc., a Delaware corporation and each registered investment company (the "Investment Companies") and its respective portfolios (the "Funds") listed on the signature page thereof (as amended and supplemented, the "Agreement").
This Amendment No. 5, dated as of March 1, 1999, amends the Foreign Country Selection and Mandatory Securities Depository Responsibilities Delegation Agreement, dated September 9, 1998, between A I M Advisors, Inc., a Delaware corporation and each registered investment company (the "Investment Companies") and its respective portfolios (the "Funds") listed on the signature page thereof (as amended and supplemented, the "Agreement").
Implementation of the Funds' foreign custody arrangements pursuant to written contracts, by the rules or established practices or procedures of the Mandatory Securities Depository, or by any combination of the foregoing that AIM determines will provide reasonable care for the Funds' Foreign Assets based on the standards specified in paragraph A.2. above.
DEPOSITORY RESPONSIBILITIES DELEGATION AGREEMENT This Amendment No. 3, dated as of December 22, 1998, amends the Foreign Country Selection and Mandatory Securities Depository Responsibilities Delegation Agreement, dated September 9, 1998, between A I M Advisors, Inc., a Delaware corporation and each registered investment company (the "Investment Companies") and its respective portfolios (the "Funds") listed on the signature page thereof (as amended and supplemented, the "Agreement").
DEPOSITORY RESPONSIBILITIES DELEGATION AGREEMENT This Amendment No. 4, dated as of January 26, 1999, amends the Foreign Country Selection and Mandatory Securities Depository Responsibilities Delegation Agreement, dated September 9, 1998, between A I M Advisors, Inc., a Delaware corporation and each registered investment company (the "Investment Companies") and its respective portfolios (the "Funds") listed on the signature page thereof (as amended and supplemented, the "Agreement").