HSA Custodian definition

HSA Custodian means the person or entity that has been designated by the Plan Sponsor to serve as the custodian or trustee of the HSAs that are (a) established by Participants in conjunction with participation in the Oxy High Deductible Health Plan, and (b) funded through participation in the HSA Contribution Benefit.
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HSA Custodian means Benefit Wallet or its successor.
Sample 1

Examples of HSA Custodian in a sentence

  • I have not received any tax or legal advice from the HSA Administrator or the HSA Custodian and I will seek the advice of my own tax or legal professional to ensure my compliance with related laws.

  • I release and agree to hold the HSA Administrator and HSA Custodian harmless against any and all claims or losses arising from my actions.

  • The HSA is administered by an HSA Custodian or Trustee, or its designee, and the terms of the HSA are set forth in the custodial or trust agreement.

  • The HSA is administered by the HSA Custodian or Trustee or its designee, and the terms of the HSA are set forth in the Custodial or Trust Agreement.

  • The terms and conditions of your Health Savings Account are described in the trust or custodial agreement between you and the HSA Custodian and do not constitute a part of the Plan.

  • Employees who are HSA-Eligible Individuals, and meet other eligibility requirements, may elect to set aside part of their Compensation to contribute to their individual HSAs established with the Company’s designated HSA Custodian under the Participant HSA Contribution Benefit.

  • Distributions from your Health Savings Account (whether before or after any termination of your employment) and all other matters related to the administration of your Health Savings Account are outside of the Plan and are to be handled by you and the HSA Custodian pursuant to the agreement between you and the HSA Custodian.

  • Benefit Description Your individual Health Savings Account is not a Covered Benefit under the Plan; it is an individually-owned account that you establish with the Company’s designated HSA Custodian if you want to participate in the HSA Contribution Benefit under the Plan.

  • An eligible Employee who (i) is enrolled in the Oxy High Deductible Health Plan, and (ii) is an HSA-Eligible Individual that maintains a Health Savings Account with the HSA Custodian, will be eligible for coverage only under the Limited Purpose Health FSA.

  • As used in this form, the words “we”, “our”, or “us” mean the HSA Custodian as indicated on your HSA application, and the words “you” or “your” mean the account holder(s).

Related to HSA Custodian

  • 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.

  • Repo Custodian shall have the meaning set forth in the preamble of this Agreement.

  • DTC Custodian means the custodian of the DTC Notes on behalf of DTC, which initially shall be the Global Agent.

  • 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.

  • Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.

  • Indian custodian means any Indian person who has legal custody of an Indian child under tribal law or custom or under State law or to whom temporary physical care, custody, and control has been transferred by the parent of such child;

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

  • Bankruptcy Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.

  • Foreign Custodian means a bank or other financial institution (other than a Foreign Depository) located outside the U.S. which is utilized by the Custodian, in connection with the purchase, sale or custody of Securities or cash hereunder and is identified to the Fund from time to time by the Custodian.

  • Note Custodian means the Trustee, as custodian with respect to the Notes in global form, or any successor entity thereto.

  • Independent Custodian means Deutsche Bank AG, London Branch.

  • Approved Custodian means a pool custodian or other Person that Lender deems acceptable, in its sole discretion, to hold Mortgage Loans for inclusion in a Mortgage Pool or to hold Mortgage Loans as agent for an Investor that has issued a Purchase Commitment for those Mortgage Loans.

  • Legal custodian means an individual who is at least 18 years of age in whose care a minor child remains or is placed after a court makes a finding under section 13a(5) of chapter XIIA of the probate code of 1939, 1939 PA 288, MCL 712A.13a.

  • Security Custodian means, with respect to Securities of a series issued in global form, the Trustee for Securities of such series, as custodian with respect to the Securities of such series, or any successor entity thereto.

  • Securities Custodian means the custodian with respect to a Global Security (as appointed by the Depository), or any successor Person thereto and shall initially be the Trustee.

  • Book-Entry Custodian The custodian appointed pursuant to Section 5.01.

  • Notes Custodian means the custodian with respect to a Global Note (as appointed by the Depository), or any successor Person thereto and shall initially be the Trustee.

  • Certificate Custodian Initially, Wachovia Bank, National Association; thereafter any other Certificate Custodian acceptable to The Depository Trust Company and selected by the Trustee.

  • Collateral Custodian Xxxxx Fargo Bank, National Association, not in its individual capacity, but solely as Collateral Custodian, its successor in interest pursuant to Section 8.3 or such Person as shall have been appointed Collateral Custodian pursuant to Section 8.5.

  • Qualified custodian means the following independent institutions or entities that are not affiliated with the investment adviser by any direct or indirect common control and have not had a material business relationship with the investment adviser in the previous two years:

  • Foreign Sub-Custodian means a foreign banking institution serving as an Eligible Foreign Custodian.

  • Billing agent means a telephone utility that includes in a bill it sends to a customer a charge for a product or service offered by a service provider.[PL 1999, c. 59, §1 (NEW); PL 1999, c. 59, §3 (AFF).]

  • Subcustodian means a bank (including any branch thereof) or other financial institution (other than a Foreign Depository) located outside the U.S. which is utilized by Custodian in connection with the purchase, sale or custody of Securities hereunder and identified to the Fund from time to time, and their respective successors and nominees.