Memo Segregation definition

Memo Segregation means a Securities Depository’s inventory control mechanism that allows the Custodian to instruct the Securities Depositary to protect the fully- paid-for customer securities maintained in the Custodian’s Depository Account, whereby such securities are moved from a free position to a protected (segregated) position, but are not actually physically segregated from other securities maintained in the Custodian’s Depository Account.
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Examples of Memo Segregation in a sentence

  • For the avoidance of doubt, Securities maintained in a Securities Depository, Eligible Securities Depository or Book-Entry System shall be segregated by the use of Memo Segregation and shall not be physically segregated from other Securities and non- cash property in the possession of the Custodian (including the Securities and non-cash property of the other series of the Trust, if applicable).

  • As to each Fund, the Custodian shall open and maintain a custody account in the name of the Trust coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Assets (including Securities that may be maintained in a Securities Depository and segregated in the Depository Account via Memo Segregation), which are delivered to it.

  • The life-cycle cost analysis should include, but not be lim- ited to, a detailed analysis of the projected return, rate of return, or both, expected useful life of facility and estimated annual operating ex- penses using County adopted service levels and standards.

  • Each prime broker may provide DTC with standing instructions from Memo Segregation options which have the effect of designating the relevant securities as subject to Memo Segregation.

  • In the subsection ‘‘Optional Memo Segregation Indicators’’ of the ‘‘Memo Segregation’’ section, DTC is proposing to make a conforming change in order to reflect that securities positions from deliver orders relating to SFT activity at NSCC would be treated the same as stock loan positions.

  • Although identifying securities as subject to Memo Segregation does not transfer them to a separate account at DTC, the effect is to facilitate identification of those securities which the prime broker must segregate in its books and records and also facilitates the determination of securities available for rehypothecation.

  • The DTC operates an inventory control mechanism called Memo Segregation to support prime brokers’ segregation of segregated securities and excess margin securities.

  • As to each Fund, the Custodian shall open and maintain a custody account in the name of the Trust coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Securities (including those Securities which may be maintained in a Securities Depository and segregated in the Depository Account via Memo Segregation), cash and other assets of such Fund which are delivered to it.

  • Results of modelled NO2 and PM10 emissions from road traffic during the development’s operation, at all of the assessed receptor locations, for the modelled scenarios are well below the AQS objectives for the assessed pollutants.

  • Memo from DHS Office of Civil Rights and Civil Liberties and the Office of General Counsel to ICE, “Retention Memo: Segregation of Individuals with a Mental Health Disability and/or Serious Mental Illness,” September 1, 2023,https://www.dhs.gov/sites/default/files/2023-09/23_0901_ crcl_retention_memo_to_ice_segregation_mental_health_or_illness_redacted_508.pdf.

Related to Memo Segregation

  • Segregation means sorting and separate storage of various components of solid waste namely biodegradable wastes including agriculture and dairy waste, non biodegradable wastes including recyclable waste, non- recyclable combustible waste, sanitary waste and non recyclable inert waste, domestic hazardous wastes, and construction and demolition wastes ;

  • Distribution System Code means the code approved by the Board which, among other things, establishes the obligations of the distributor with respect to the services and terms of service to be offered to customers and retailers and provides minimum, technical operating standards of distribution systems;

  • Data Aggregation shall have the meaning given to such term under the HIPAA Privacy 32 Rule in 45 CFR § 164.501.

  • Distribution Service means the delivery of electricity to Customers by the Distribution Company.

  • Open enrollment means a period of time as defined in rule

  • Retirement system means a retirement plan or system that is established by or pursuant to title 38.

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Member contribution means a contribution under regulation 32;

  • Aggregation or “Municipal Aggregation” shall mean the pooling of residential and small commercial retail electrical loads located within the municipality for the purpose of soliciting bids and entering into service agreements to facilitate for those loads the sale and purchase of electricity and related services and equipment, all in accordance with Section 1-92 of the Act.

  • Segregated funds means the amount of benefits that would

  • Segregated facilities, as used in this provision, means any waiting rooms, work areas, rest rooms and wash rooms, restaurants and other eating areas, time clocks, locker rooms and other storage or dressing areas, parking lots, drinking fountains, recreation or entertainment areas, transportation, and housing facilities provided for employees, that are segregated by explicit directive or are in fact segregated on the basis of race, color, religion, or national origin because of habit, local custom, or otherwise.

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • 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.

  • Commingling means the connecting, attaching, or otherwise linking of an Unbundled Network Element, or a Combination of Unbundled Network Elements, to one or more facilities or services that a requesting Telecommunications Carrier has obtained at wholesale from Qwest, or the combination of an Unbundled Network Element, or a Combination of Unbundled Network Elements, with one or more such facilities or services.

  • Centralized Message Distribution System (CMDS) means the industry-wide data collection system, which handles the daily exchange of message details between CMDS participating telephone companies (also known as CMDS Direct Participants). AT&T-21STATE is a CMDS Direct Participant.

  • Distribution Network means a 'distribution network' as defined in Special Condition E2A of the Transporter's Licence held by each DN Operator;

  • Member Account means the regular account and the variable account.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Member contributions means all amounts paid to ASRS by a member.