Safekeeper definition

Safekeeper means a person who is confined in an appropriate secure facility pursuant to this chapter but who is not subject to an order of commitment pursuant to this chapter.
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Safekeeper has the meaning specified in Section 12.1(c).
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Examples of Safekeeper in a sentence

  • The Issuer hereby authorises and instructs the Fiscal Agent to elect an ICSD to be Common Safekeeper for the Temporary Global Note and the Permanent Global Note.

  • The Issuer acknowledges that in connection with the election of either of the ICSDs as Common Safekeeper any such election is subject to the right of the ICSDs to jointly determine that the other shall act as Common Safekeeper in relation to any such issue and agrees that no liability shall attach to the Fiscal Agent in respect of any such election made by it.

  • Registered Securities issued under the New Safekeeping Structure shall be deposited with a Common Safekeeper for Euroclear and Clearstream, Luxembourg All Registered Securities of the same Series shall have the same Denomination.

  • Each of the Fiscal Agent and the Replacement Agent is authorised by the Issuer to authenticate and, to instruct the Common Safekeeper to effectuate, the Temporary Global Note and the Permanent Global Note, any replacement therefor and each Definitive Note by the signature of any of its officers or any other person duly authorised for the purpose by the Fiscal Agent or (as the case may be) the Replacement Agent.

  • The Principal Paying Agent (or its agent on its behalf) shall (i) authenticate the Temporary Global Note and the Global Note (ii) deliver the Temporary Global Note and the Global Note to the Common Safekeeper and give effectuation instruction in respect of the same and (iii) instruct Euroclear and Clearstream, Luxembourg to make the appropriate entries in their records to reflect the initial outstanding principal amount of the Notes.

  • The Issuer hereby authorises and instructs the Principal Paying Agent to elect Euroclear Bank SA/NV as Common Safekeeper.