Omnibus Account definition

Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.
Omnibus Account means, in respect of any Portfolio, any account maintained by the transfer agent for such Portfolio reflecting the record ownership of Shares of such Portfolio by an entity who maintains sub-transfer agency records reflecting the actual beneficial ownership of such Shares in other persons or entities.
Omnibus Account means Securities Account in which ordinary shares are held in the Company for multiple beneficial owners in one securities account.

Examples of Omnibus Account in a sentence

  • An Options Broker Exchange Participant may, with the consent of the Exchange, transfer all outstanding Options Broker Client Contracts from one Options Trading Exchange Participant to another Options Trading Exchange Participant by requesting the first Options Trading Exchange Participant to give-up the Options Broker Client Contracts and to close the Omnibus Account maintained for the Options Broker Exchange Participant.

  • If the Options Trading Exchange Participant operates an Omnibus Account for the accepting Options Broker Exchange Participant, the Options Broker Client Contract shall be cancelled and substituted by an Options Broker Client Contract, on identical terms, between the accepting Options Broker Exchange Participant and the Options Trading Exchange Participant.

  • If the accepting Options Broker Exchange Participant has an Omnibus Account with another Options Trading Exchange Participant, which agrees to accept the give up, the Options Broker Client Contract shall be cancelled and substituted by an Options Broker Client Contract, on identical terms, between the accepting Options Broker Exchange Participant and that Options Trading Exchange Participant.

  • Information for each Omnibus Account must include the account holder’s name, account number and the account holder’s address, and such other information as the Clearing House may require, and classification of the account as either “Customer” or “House”.

  • The Options Broker Exchange Participant shall, when giving any instructions to the Options Trading Exchange Participant in respect of Exchange Traded Options Business, identify whether the instruction is in respect of the Omnibus Account or the Options Broker Exchange Participant Account.


More Definitions of Omnibus Account

Omnibus Account means the Securities Account in which ordinary shares of the Company are held for multiple beneficial owners and includes a Securities Account maintained by an Exempt Authorised Nominee.
Omnibus Account means an account at the Bank for the benefit of the Funds into which money (A) to be deposited into an Account is initially credited pending its transfer to such Account pursuant to Article III hereof, or (B) transferred from an Account pursuant to Article III is deposited pending its disbursement pursuant to Article III.
Omnibus Account means an account opened with ICBCIS or ICBCIF by a Client in respect of which ICBCIS or ICBCIF is notified that the account is to be operated for a customer, or a number of customers, of the Client and not the Client itself;
Omnibus Account means (A) an account at the Custodian for the benefit of the Fund and the other investment companies listed on Exhibit E-1 into which money to be deposited into an Account is initially credited pending its transfer to such Account pursuant to Section C hereof, and (B) an account at the Custodian for the benefit of the Fund and such other investment companies in which money to be transferred from an Account pursuant to Section C is deposited pending its disbursement pursuant to Section C.
Omnibus Account means an account opened with CSFHK by the Customer in respect of which CSFHK is notified that the account is to be operated for a customer, or a number of customers, of the Customer and not for the Customer himself;
Omnibus Account means an account opened with CIFL by the Client in respect of which CIFL is notified that the account is to be operated for a customer, or a number of customers, of the Client and not the Client itself; and
Omnibus Account means an account containing the positions of more than one Person;