Subscription Accounts definition

Subscription Accounts means one or more trust accounts, escrow accounts, treasury accounts, or similar segregated accounts that shall receive and hold payments of the Subscription Purchase Price.
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Subscription Accounts means one or more trust accounts, escrow accounts, treasury accounts or similar segregated accounts established by the Subscription Agent to receive and hold payments of the Subscription Purchase Price.
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Subscription Accounts means the collateral accounts established by Borrower or a Sister Partnership at Chase, in the name of the Agent, on behalf of the Lenders, as secured party.
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Examples of Subscription Accounts in a sentence

  • The Subcustodian shall maintain custodian accounts for the Funds ("Subscription Accounts").

  • The Subcustodian will not refuse any reasonable request for inspection and audit of its books and records concerning transactions and balances of the Subscription Accounts by an agent of any Fund, AFS or the Custodian.

  • The Subcustodian shall, for the benefit of the Custodian, AFS and the Funds, use the same care with respect to the handling of the Funds' assets in the Subscription Accounts as it uses with respect to its own assets similarly held.

  • The Subcustodian agrees that it will comply with the instructions of AFS so long as the instructions do not require the transfer of funds in an amount in excess of the aggregate of the ledger balances in the Subscription Accounts in question and the Subcustodian is not prohibited from making the transfer by applicable law or regulation.

  • The Subcustodian shall furnish to AFS (i) prompt telephonic and written notice of Return Items, (ii) monthly reports on activity in each of the Subscription Accounts mailed within five (5) days after the end of each calendar month and (iii) a daily statement of activity in each of the Subscription Accounts, which will be made available via the MicroLink balance reporting service.

  • Upon termination of this Agreement, the Subcustodian shall promptly make delivery of all assets of the Funds held in the Subscription Accounts to the Custodian or any third party, qualified to act as a custodian pursuant to the rules and regulations of the Investment Company Act of 1940, as amended, specified by the Custodian in writing.

  • Intermediary will ensure that all Orders are dated and time stamped when received by Intermediary or any Indirect Intermediary (except with respect to Subscription Accounts).

  • Upon termination, the Custodian shall make delivery of all Fund assets held in the Subscription Accounts within two business days from receipt of notice of termination to the third party specified by the Transfer Agent in writing.

  • The Custodian shall furnish the Transfer Agent, with a copy to the Fund, by first class mail, or other mutually agreed-upon means of transmission, (i) prompt telephonic and written notice of Return Items, (ii) a monthly report on activity in each of the Subscription Accounts within five (5) days after the end of each calendar month, and (iii) a daily statement of activity in each of the Subscription Accounts.

  • Upon termination, the Subcustodian shall make immediate delivery of all Fund assets held in the Subscription Accounts to the Custodian or to any third party specified by the Custodian in writing.

Related to Subscription Accounts

  • Subscription Accounting means an accounting of all subscriptions for Shares received and accepted by Broker as of the date of such accounting, indicating for each subscription the Subscriber’s name, social security number and address, the number and total purchase price of subscribed Securities, the date of receipt by Broker of the Cash Investment Instrument, and notations of any nonpayment of the Cash Investment Instrument submitted with such subscription, any withdrawal of such subscription by the Subscriber, any rejection of such subscription by Broker, or other termination, for whatever reason, of such subscription.

  • Collection Accounts As defined in Section 3.10(a).

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.