Custodial Services. The charges and expenses of the custodian appointed by the Trust for custodial services;
Custodial Services. The Depositor and the Custodian agree that the sole responsibilities of the Custodian are to provide custody services as provided herein. Therefore, notwithstanding anything else herein to the contrary, to the extent any provisions of this Agreement would cause the Custodian to be considered a “fiduciary” as defined in Internal Revenue Code section 4975(e)(3), such provision shall be void and the remaining provisions of this Agreement shall be and continue to be fully effective.
Custodial Services. Coinbase Custody shall provide Client with a segregated custody account controlled and secured by Coinbase Custody (“Custodial Account”) to store certain Digital Assets supported by Coinbase Custody, on Client’s behalf (“Custodial Services”). Coinbase Custody is a fiduciary under § 100 of the New York Banking Law and a qualified custodian for purposes of Rule 206(4)-2(d)(6) under the Investment Advisers Act of 1940, as amended, and is licensed to custody Client’s Digital Assets in trust on Client’s behalf. Digital Assets in Client’s Custodial Account shall (i) be segregated from the assets held by Coinbase Custody as principal and the assets of other customers of Coinbase Custody, (ii) not be treated as general assets of Coinbase Custody, and except as otherwise provided herein, Coinbase Custody shall have no right, title or interest in such Digital Assets, (iii) constitute custodial assets and Client’s property. In addition, Coinbase Custody shall maintain adequate capital and reserves to the extent required by applicable law and shall not, directly or indirectly, lend, pledge, hypothecate or re-hypothecate any Digital Assets in the Custodial Account.
Custodial Services. Appropriate custodial services, if requested, shall be made available to a unit member being transferred or reassigned.
Custodial Services. Client hereby appoints Trust Company as its exclusive provider of Custodial Services for a term of three (3) years from the date of Client’s signature to this Agreement (the “Initial Term”), subject to earlier termination in accordance with Section 4.5. Trust Company shall establish Client’s “Custodial Account” as a segregated custody account controlled and secured by Trust Company to store certain supported digital currencies and utility tokens (“Digital Assets”), on Client’s behalf (the “Custodial Services”). Trust Company is a fiduciary under § 100 of the New York Banking Law and a qualified custodian for purposes of Rule 206(4)-2(d)(6) under the Investment Advisers Act of 1940, as amended, and is licensed to custody Client’s Digital Assets in trust on Client’s behalf. Digital Assets in Client’s Custodial Account are not treated as general assets of Trust Company. Rather, Trust Company serves as a fiduciary and custodian on Client’s behalf, and the Digital Assets in Client’s Custodial Account are considered fiduciary assets that remain Client’s property at all times.
Custodial Services. 3.1.Obligations of DriveWealth. DriveWealth’s obligations with respect to the Securities and Offerings is limited to providing closing, settlement, custody and related services for Customer accounts established at DriveWealth pursuant to this Agreement. DriveWealth shall hold, as nominee custodian, the Securities and perform related services with respect to Issuer to the extent explicitly required by specific provisions contained in Schedule B-1 of this Agreement and shall not be responsible for any duties or obligations not specifically allocated to DriveWealth pursuant to this Agreement, which services shall be contingent upon Issuer and/or its designated agents meeting its or their obligations as outlined herein and in Schedule B-2, and as limited by Schedule C of this Agreement (collectively, the “Services”). DriveWealth’s obligation to hold the Securities in custody does not include any obligation to notify the Customer of the receipt or failure to receive any amount, to forward to the Customer any notices with respect to the investment, to monitor or report to the Customer as to the performance by or nonperformance of any person with respect to the investment (or the performance or nonperformance by any person of any obligation or term contained in, or imposed by, the investment) or to take enforcement or other action with respect thereto, irrespective of whether DriveWealth has actual or constructive knowledge which may make such action or inaction advisable. DriveWealth may also, in its sole discretion, take such actions as it reasonably deems necessary to perform due diligence or investigation with respect to Issuer and/or any Offering at any time and from time to time.
Custodial Services. Custodial and maintenance services will be provided by the AASD at the school’s facility.
Custodial Services. The following guidelines and procedures will be implemented regarding the organization and provision of custodial services.
Custodial Services. Contractor shall:
Custodial Services. The Custodian shall provide to the Board the information with respect to custody and settlement practices in countries in which the Custodian employs a Foreign Sub-Custodian described on Schedule C hereto at the time or times set forth on such Schedule. The Custodian may revise Schedule C from time to time, provided that no such revision shall result in the Board being provided with substantively less information than had been previously provided hereunder.
