Under Custody definition
Examples of Under Custody in a sentence
FIIs currently issuing offshore derivative instruments with the notional value of the ODI’s outstanding (excluding derivatives) as a percentage of their Assets Under Custody (“AUC”) of less than 40% shall be allowed to issue offshore derivative instruments at an incremental rate of 5% per annum of their AUC in India until such time their percentage reaches 40%.
For illustrative purposes only, Seller has Disclosed on Section 1.5.1(a) of the Seller Disclosure Schedule a calculation of the fair market value of the Assets Under Custody with the Target Businesses as of May 22, 2007.
Assets Annual Under Custody Asset Fee $0 - $1 Billion 1 Basis Point $1 - $2 Billion 0.75 Basis Points $2 - $6 Billion 0.50 Basis Points $6 Billion + 0.25 Basis Points B.
Assets Under Custody ($m) Flat Rate per Tier ($/month) Overage Fees (Bps/month) $0 - $250,000 $0 0 $250,000 - $5,000,000 $500 10 $5,000,000 - $10,000,000 $2,000 3.5 $10,000,000 - $50,000,000 $7,500 3 $50,000,000 - $100,000,000 $12,500 2.5 $100,000,000 - $250,000,000 $15,000 1.5 $250,000,000 - $500,000,000 $25,000 1 Over $500,000,000 $30,000 0.5 Fees to be assessed at the end of each calendar month based on the USD equivalent volume of average holdings.
Each “Client” listed herein is subject to the Agreement as if this Agreement were between such individual Client and Anchorage, except specifically the Fees will be calculated on an aggregated basis, including the sum of all Clients’ Assets Under Custody.
Assets Under Custody Fee1: 1 AUC Fees are assessed at the end of each calendar month based on the USD volume of average holdings (per asset type) and are billed monthly.
BitGo Licensing Agreement: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/services_agreement BitGo Service Level Agreement: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/info/sla BitGo Japan Addendum: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/info/addendum FEE SCHEDULE1 On-boarding Fee2: $ Monthly Minimum Fee3: $ Assets Under Custody Fee (“AUC Fee”)4: Transaction Fee(s) (“Tx Fee”)5: 1 Services fees are exclusive of any on-chain fees as required by the underlying protocol (e.g., blockchain).