Sub-custodian(s) definition

Sub-custodian(s) means each Sub-custodian appointed by the Custodian pursuant to Section 8 of this Agreement, but shall not include Securities Depositories.
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Sub-custodian(s) means, together, RBC Investor Services and NBF, each in their capacities as sub-custodians of Horizons the ETFs pursuant to the applicable Sub-Custodian Agreement, and “Sub-Custodian” means either one of them;
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Sub-custodian(s). We may appoint Sub-Custodians solely for the temporary custody and safekeeping of Bullion until transported to our London vault premises as provided in clause 7.4, unless otherwise agreed between the Trust and us with the consent of the Sponsor. Any such Sub-Custodian shall be a member of the LBMA. The Sub-Custodians we select may themselves select subcustodians to provide such temporary custody and safekeeping of Bullion, but such subcustodians shall not by such selection or otherwise be, or be considered to be, a Sub-Custodian as such term is used herein. We will use reasonable care in selecting any Sub-Custodian. [As of the date of this Agreement, the Sub-Custodians that we use are: the Bank of England, The Bank of Nova Scotia (ScotiaMocatta), Deutsche Bank AG, JPMorgan Chase Bank, N.A., UBS AG and Barclays Bank PLC.] We will notify the Trust if we select any additional Sub-Custodian, or stop using any Sub-Custodian for such purpose. The Trust’s receipt of notice that we have selected a Sub-Custodian (including those named in this clause 8.1) shall not be deemed to limit our responsibility in selecting such Sub-Custodian. Not more frequently than annually, upon the Trust’s request, we shall confirm to the Trust that from time to time we may hold Precious Metal for our own account with one or more of each of the Sub-Custodians, provided that this confirmation shall not constitute a representation by us regarding the solvency or creditworthiness of any Sub-Custodian.
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Examples of Sub-custodian(s) in a sentence

  • Investors should note that the list of Sub-Custodians is updated only at each Prospectus review.

  • Investors should note that, except in the event of material changes requiring a prompt update of this Prospectus, the list of Sub-Custodians is updated only at each Prospectus review.

  • Updated Information The ACD will supply a Shareholder with up-to-date details of the above information, including an up-to-date list of Sub-Custodians, on written request to its operating address.

  • If it is specified in the Terms that there is a Sub-Custodian in relation to the Collateral, such Sub-Custodian (which expression shall include any additional or other Sub-Custodians from time to time appointed) shall hold the Collateral on behalf of the Custodian, on and subject to the terms of an agreement (the “Sub- Custody Agreement”) between the Sub-Custodian and the Custodian and/or such other persons as shall be specified in the Terms.

  • If it is specified in the Terms that there is a Sub-Custodian in relation to the Collateral, such Sub-Custodian (which expression shall include any additional or other Sub-Custodians from time to time appointed) shall hold the Collateral on behalf of the Custodian, on and subject to the terms of an agreement (the “Sub-Custody Agreement”) between the Sub-Custodian and the Custodian and/or such other persons as shall be specified in the Terms.

  • The Depositary may entrust the safekeeping of the Company’s assets to Sub-Custodians s in the markets where the Company invests.

  • Pershing Advisor Solutions and its Affiliated Service Providers shall exercise reasonable care in their selection and use of Sub-Custodians in light of the prevailing trading and processing practices that are specific to the jurisdictions or markets in which transactions in, or related to, the Property occur (“Market Practices”).

  • Such Underlying Metal will be held in allocated form by the Custodian and/or applicable Sub-Custodian(s) in each case in its vaults in London and, in relation to Platinum and Palladium, may in limited circumstances also be held by a Sub-Custodian in its vaults in Zurich.

  • The Depositary may delegate to one or more Global Sub-Custodians (each a “Global Sub-Custodian”) the safekeeping of certain of the assets of the Company in accordance with the terms of a written agreement between the Depositary and the Global Sub-Custodian.

  • The successful tenderer shall start the taking-over/handholding process with the current service provider, immediately after issue of the acceptance letter by the Bank, though the payment for the contract would be made only from April 01, 2022 onwards.


More Definitions of Sub-custodian(s)

Sub-custodian(s) means as defined in section 6 of this Prospectus(“Depositary”), under the sub-heading “Delegation of Safekeeping Function”; "Trading Day" means any day on which the London Stock Exchange is open for trading; "UCITS" means a collective investment scheme such as the Company which is authorised by the FCA and which complies with the conditions necessary for it to enjoy the rights conferred by the UCITS Directive; "UCITS Directive" means the European Parliament and Council Directive of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (No.2009/65/EC) (as amended); "VAT" means UK value added tax.
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Sub-custodian(s) means sub-custodians, agents or depositories appointed by the
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Sub-custodian(s) means as defined in section 6 of this Prospectus(“Depositary”), under the sub-heading “Delegation ofSafekeeping Function”;"Trading Day"means any day on which the London Stock Exchange is open for trading;"UCITS"means an Undertaking for Collective Investment in Transferable Securities. This will include a UCITS Scheme or an EEA UCITS scheme, as defined in the Financial Conduct Authority Handbook;"UCITS Directive"means the European Parliament and Council Directive of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (No.2009/65/EC) (as amended);"UCITS Scheme"means a UK UCITS, as defined in the FCA Handbook;"UK UCITS"means, in accordance with sections 236A and 237 of the Financial Services and Markets Act 2000, a collective investment scheme which may consist of several sub-funds, which is either an authorised unit trust scheme, an authorised contractual scheme, or an authorised open-ended investment company with the sole object of collective investment of capital raised from the public in transferable securities or other liquid financial assets, operating on the principle of risk-spreading, with units which are, at the request of holders, repurchased or redeemed, directly or indirectly, out of those undertakings’ assets, and which has identified itself as a UCITS in its prospectus and has been authorised accordingly by the FCA;"VAT"means UK value added tax.(2) CONSTITUTION OF THE COMPANYGeneralThe Company is an open-ended investment company with variable capital incorporated under the OEIC Regulations. The Company is a UCITS as defined in COLL and is also an umbrella company for the purposes of the OEIC Regulations. The Company is incorporated in England and Wales with the PRN 777327. The Company was authorised by an order made by FCA with effect from 13 June 2017.The head office of the Company is at Marlborough House, 59 Chorley New Road, Bolton BL1 4QP. This is also the address for the service on the Company of notices or other documents required or authorised to be served on it.The base currency for the Company is pounds sterling. The maximum size of the Company's capital is £100,000,000,000 and the minimum size is £1. Shares have no par value. The Share capital of the Company at all times equals the sum of the NAV of the Funds. The Shareholders of the Company will not be liable for the debts of the Company.The operation of the Company is govern...
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Sub-custodian(s) means Gemini and/or Coinbase, as applicable, and individually, a “Sub-Custodian”.
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Sub-custodian(s) means sub-custodians, agents or depositories appointed by the InitialCustodian or the Swiss Gold Custodian pursuant to the Initial Custodian Agreements or the Swiss Gold Custodian Agreements (respectively) to perform any of its duties under the applicable Custodian Agreements including the custody and safe-keeping of Bullion but excluding any Zurich Sub-Custodian in its role as such, currently being:
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Sub-custodian(s) means the entities as listed in Appendix 2 (Sub-Custodians) to which the custody of assets in certain markets in which the Trust may invest has been delegated or sub-delegated;
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Related to Sub-custodian(s)

  • 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.

  • Custodians means all of them, collectively.

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

  • 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;

  • 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.

  • 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.

  • 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.

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

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

  • 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.

  • IPN Portal Administrator means the USAID official designated by the Director, M/OAA, who has overall responsibility for managing the USAID Implementing Partner Notices Portal for Assistance.

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

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

  • 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:

  • Custodial Services means the safekeeping and management of an