CENTRAL DEPOSITORY Sample Clauses

CENTRAL DEPOSITORY. The Union and Associations will work together to establish a Central Depository for all Employer fringe benefit contributions made under this Agreement. At such time as the respective fringe benefit trust fund trustees deem that Employers remitting contributions under this Agreement shall remit such contributions to a Central Depository without such contributions being deemed late or delinquent: the Union shall notify all Employers of the address and procedure for remitting to the Central Depository. The Central Depository, upon receiving Employer fringe benefit remittances, will divide up such remittances in accordance with the applicable contribution rates for each respective fund and send forward individual fund remittances to the appropriate destination.
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CENTRAL DEPOSITORY. The vendor will establish and maintain during the term of this Contract a single depository in the State to be known as the central depository. A sufficient inventory of instructional materials adopted by the Board will constantly be kept in stock at the depository. The location and manager of the depository must be approved by the Board. The manager will give a bond to the Board in the amount of $10,000, securing the depository's faithful performance of this Contract. The vendor further agrees that the depository manager will be the agent of the vendor to perform services required by this Contract.
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CENTRAL DEPOSITORY. Central Depository of Securities, a Slovak Republic entity created by Act. No. 566/2001 Coll., on Securities and Investment Services, as amended. Claim: A claim by the Buyer against one or both Sellers in connection with a breach of any of the Sellers’ Warranties, but not including a Tax Indemnification Claim.
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CENTRAL DEPOSITORY. During the life of this Agreement, each Employer covered by this Agreement shall pay (i) the contributions payable to the several fringe benefit funds enumerated in Appendix A of this Agreement and (ii) union dues checked off in accordance with Article 2, Section H of this Agreement as specified in such Articles not later than the last day of the following month for which work was performed.
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Related to CENTRAL DEPOSITORY

  • Principal Depository Borrower shall maintain its principal depository and operating accounts with Bank.

  • Depository Depository shall mean The Depository Trust Company ("DTC"), a clearing agency registered with the Securities and Exchange Commission under Section 17A of the Securities Exchange Act of 1934 ("Exchange Act"), its successor or successors and its nominee or nominees. The term "Depository" shall further mean and include any other person authorized to act as a depository under the 1940 Act, its successor or successors and its nominee or nominees, specifically identified in a certified copy of a resolution of the Board.

  • Depository Bank With respect to any Deposit Accounts, (i) maintain the Deposit Accounts at the banks (a “Depository Bank”) described on Annex B-1 or such additional depository banks as described in the notices given pursuant to clause (iv) of this Section 6(q) as have complied with item (iv) hereof, (ii) upon request of the Secured Party, deliver to each depository bank a letter in the form of Annex C hereto with respect to Secured Party’s Rights in such Deposit Account (or on such other reasonable form as may be provided by the Depository Bank) and use commercially reasonable efforts to obtain the execution of such letter by each Depository Bank that the pledge of such Deposit Account has been recorded in the books and records of such bank and that Secured Party shall have dominion and control over such Deposit Account; (iii) upon request of the Secured Party, deliver to Secured Party all certificates or instruments, if any, now or hereafter representing or evidencing the Deposit Accounts, accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to Secured Party; and (iv) notify Secured Party upon establishing any additional Deposit Accounts and, at the request of Secured Party, use commercially reasonable efforts to obtain from such depository bank an executed letter substantially in the form of Annex C (or on such other reasonable form as may be provided by the Depository Bank) and deliver the same to Secured Party. Secured Party agrees not to exercise control over such Deposit Account unless an Event of Default shall have occurred and be continuing.

  • Clearing Account If the Servicer finds it necessary to use a clearing account, the following guidelines must be followed:

  • Depository Account A trust fund account for the benefit of Owner established and maintained in an FDIC insured or guaranteed account to be opened by the Owner.

  • Depositary; Depositary’s Office The term “

  • Subcustodians and Securities Depositories Add the following language to the end of Section 3: The terms Subcustodian and securities depositories as used in this Agreement shall mean a branch of a qualified U.S. bank, an eligible foreign custodian or an eligible foreign securities depository, which are further defined as follows:

  • Primary Depository Borrower shall maintain all its depository and operating accounts with Bank and its investment accounts with Bank or Bank’s Affiliates.

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