Independent Custodian definition

Independent Custodian means Deutsche Bank AG, London Branch.
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Independent Custodian means Bank of New York Mellon S.A/N.V., Luxembourg Branch.
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Independent Custodian means Deutsche Bank AG, London Branch. ‘Index(es)’ means the FTSE 100 Index and the S&P 500 Index.
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Examples of Independent Custodian in a sentence

  • Turnbull, Determinants of infant feeding practices in a low socio-economic area: identifying environmental barriers to breastfeeding.

  • Selection and Appointment of an Independent Custodian 4.6 A Virtual Asset Fund Manager should exercise due skill, care and diligence in the selection, appointment, and ongoing monitoring, of the custodian and take all reasonable steps to ensure that the custodian is capable of performing its functions.

  • Minimum Lump Sum Investment of R1 000.00.Lump Sum payments should be made to the Investors Independent Custodian Trust (Pty) Ltd inflow account.

  • For our due diligence purpose, we obtained the CMG Custodian Agreement (as defined below) and copies of three Independent Custodian Agreements (as defined below) (selection basis are detailed below).

  • Trust Constitution Loan agreement Holds Trust Property Financial Institution Independent Custodian The Trust Company Ltd Trust Properties Investment Committee Regional Cities Asset Management MPG Regional Cities Property Trust Investors MPG Funds Management Ltd (Responsible Entity) Introduction The Trust is a registered managed investment scheme that has been formed for holding and acquiring investment properties.

  • Fifty percent of the Establishment Fee will be deposited with an Independent Custodian.

  • The Insurer owns all the underlying investments of the Policy and you have the right to receive Annuity Income as set out herein.Investors Independent Custodian (Pty) Limited “the Nominee”Investors Independent Custodian (Pty) Limited is the company that has been approved as a nominee company by the Financial Services Board and that holds the assets in trust.

  • Site Plan MPG Bulky Goods Retail Trust Product Disclosure Statement 11 Structure of the Investment Overview Trust Constitution Loan agreement Holds Trust Property Independent Custodian The Trust Company Ltd Trust Properties Financial Institution MPG Bulky Goods Retail Trust Investors MPG Funds Management Ltd (“RE”) The structure of the Trust is shown in the diagram below.

  • This will be deposited into a trust account maintained by an Independent Custodian.

  • We noted that (i) settlement terms in respect of Custodian Services are set out in the relevant agreements; (ii) settlement terms under the CMG Custodian Agreement and the Independent Custodian Agreements are consistent with each other; (iii) settlement terms under the CMG Custodian Agreement and the Independent Custodian Agreements are consistent to the settlement terms under the Custodian Services as set out in the Board Letter.


More Definitions of Independent Custodian

Independent Custodian means a bank, brokerage company, merchant bank or other licensed financial institution located within or outside the State that is not an affiliate of the insurer maintaining or seeking to establish an account with that institution;
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Independent Custodian means Deutsche Bank AG, London Branch. ‘Index’ means the EURO STOXX 50.
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Independent Custodian means the independent custodian appointed by the Responsible Entity to maintain the Subsequent Establishment Payment Fund and the Upfront Payment Fund in accordance with the Constitution.
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Related to Independent 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.

  • 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;

  • 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.

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

  • 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.

  • Permanent custody means a legal status that vests in a public children services agency or a private child placing agency, all parental rights, duties, and obligations, including the right to consent to adoption, and divests the natural parents or adoptive parents of all parental rights, privileges, and obligations, including all residual rights and obligations.

  • 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:

  • Joint custody means (i) joint legal custody where both parents retain joint responsibility for the

  • Independent contract means a contract entered into by a health facility or agency with an individual who provides the contracted services independently or a contract entered into by a health facility or agency with a staffing agency that complies with the requirements of this section to provide the contracted services to the psychiatric facility or other facility defined in 42 USC 1396d(d) on behalf of the staffing agency.

  • Independent Contractor Either (i) any Person (other than the Master Servicer) that would be an "independent contractor" with respect to REMIC I within the meaning of Section 856(d)(3) of the Code if REMIC I were a real estate investment trust (except that the ownership tests set forth in that section shall be considered to be met by any Person that owns, directly or indirectly, 35% or more of any Class of Certificates), so long as REMIC I does not receive or derive any income from such Person and provided that the relationship between such Person and REMIC I is at arm's length, all within the meaning of Treasury Regulation Section 1.856-4(b)(5), or (ii) any other Person (including the Master Servicer) if the Trustee has received an Opinion of Counsel to the effect that the taking of any action in respect of any REO Property by such Person, subject to any conditions therein specified, that is otherwise herein contemplated to be taken by an Independent Contractor will not cause such REO Property to cease to qualify as "foreclosure property" within the meaning of Section 860G(a)(8) of the Code (determined without regard to the exception applicable for purposes of Section 860D(a) of the Code), or cause any income realized in respect of such REO Property to fail to qualify as Rents from Real Property.

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

  • Independent Manager shall refer to a member of the Board that meets the standards of an “independent director” set forth in NASDAQ Marketplace Rule 4200(a)(15) (on any successor rule) with respect the Company, the Administrator and their respective affiliates. In the event a Special Committee is formed, the term “Independent Manager” shall, as the context requires, refer generically to each Independent Manager.

  • Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.