Relevant Custodian definition

Relevant Custodian means any custodian (including the Reference Custodian), sub-custodian, depositary, settlement system, bank or clearing house (or any agent or delegate of any of the
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Relevant Custodian means any custodian (including the Reference Custodian), sub-custodian, depositary, settlement system, bank or clearing house (or any agent or delegate of any of the foregoing) or any exchange used by a Reference Investor as part of any Reference Custodial/Settlement Arrangement entered into from time to time.
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Relevant Custodian in relation to a particular Loan means a Custodian who holds either securities or Collateral or both in relation to such Loan.
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Examples of Relevant Custodian in a sentence

  • On demand, the Borrower shall deliver the Custodial Collateral to Lender or its Affiliates and will enter into appropriate Collateral Documents as required by the Lender and to the extent that the Relevant Custodian with respect any Custodial Collateral is a Third Party or an Affiliate of the Lender.

  • On demand, the Borrower shall deliver the Custodial Collateral to Lender or its Affiliates and will enter into appropriate Collateral Documents as required by the Lender and to the extent that the Relevant Custodian with respect to any Custodial Collateral is a Third Party or an Affiliate of the Lender.

Related to Relevant Custodian

  • Document Custodian means the Custodian when acting in the role of a document custodian hereunder.

  • Relevant Customer means a person, firm or company who in the twelve months immediately before the Relevant Date conducted a business relationship (including, without limitation, the provision of services and the negotiation for the same) with the Company and with whom ▇▇▇▇▇▇▇ had significant contact in the course of ▇▇▇▇▇▇▇’s employment with the Company.

  • Sub-Custodian means and include (i) any branch of a “U.S. bank,” as that term is defined in Rule 17f-5 under the 1940 Act, and (ii) any “Eligible Foreign Custodian” having a contract with the Custodian which the Custodian has determined will provide reasonable care of assets of the Fund based on the standards specified in Section 3.3 below. Such contract shall be in writing and shall include provisions that provide: (i) for indemnification or insurance arrangements (or any combination of the foregoing) such that the Fund will be adequately protected against the risk of loss of assets held in accordance with such contract; (ii) that the Foreign Securities will not be subject to any right, charge, security interest, lien or claim of any kind in favor of the Sub-Custodian or its creditors except a claim of payment for their safe custody or administration, in the case of cash deposits, liens or rights in favor of creditors of the Sub-Custodian arising under bankruptcy, insolvency, or similar laws; (iii) that beneficial ownership for the Foreign Securities will be freely transferable without the payment of money or value other than for safe custody or administration; (iv) that adequate records will be maintained identifying the assets as belonging to the Fund or as being held by a third party for the benefit of the Fund; (v) that the Fund’s independent public accountants will be given access to those records or confirmation of the contents of those records; and (vi) that the Fund will receive periodic reports with respect to the safekeeping of the Fund’s assets, including, but not limited to, notification of any transfer to or from a Fund's account or a third party account containing assets held for the benefit of the Fund. Such contract may contain, in lieu of any or all of the provisions specified in (i)-(vi) above, such other provisions that the Custodian determines will provide, in their entirety, the same or a greater level of care and protection for Fund assets as the specified provisions.

  • Primary Custodian the meaning set forth in Rule 17f-7(b)(2).

  • ADS Custodian means the person then acting as custodian under the Deposit Agreement. The ADS Custodian as of the Issue Date is The Bank of New York Mellon.