Custodian Account definition

Custodian Account means an account subject to a Custodian Agreement.
Custodian Account means, in relation to a Series of Securities, the account designated as the Custodian Account in the Issue Terms.
Custodian Account has the meaning given to such term in Clause 3 of the Custody Terms.

Examples of Custodian Account in a sentence

  • Participant releases Zero Hash from any liability in the event a loss is incurred by the participant due to the bankruptcy of bank carrying the Custodian Account.

  • To hold Participant's Fiat Currency, Zero Hash will maintain a Custodian Account with a Depository Institution.

  • The Custodian Account shall be an omnibus account at a Federal Deposit Insurance Corporation ("FDIC") insured bank.


More Definitions of Custodian Account

Custodian Account has the meaning assigned to such term in Section 8.03.
Custodian Account means an account subject to a Custody Agreement.
Custodian Account means an account subject to a Custodial and Account Control Agreement.
Custodian Account means, an Eligible Account designated as the “Custodian Account” established and maintained by the Custodian at the Account Bank pursuant to the Indenture and the Account Control Agreement in the name of the Trust, subject to the lien of the Indenture Trustee, for the benefit of the Secured Parties, in each case as their interests may appear.
Custodian Account means an Account for a minor es- tablished pursuant to a state Gift to Minors Act or Transfer to Minors Act.
Custodian Account means the custodian account identified on Exhibit 1 hereto as relating to a particular Sub-account which Customer maintains with Custodian (or any successor custodian account thereto of which PFPC is informed in writing by Custodian);
Custodian Account means the one or more custodianship, safekeeping and cash accounts established and maintained by Custodian or any subcustodian for Company pursuant to this Agreement, as listed in Exhibit B attached hereto and made a part hereof.