Depository Service definition

Depository Service means the service provided by a person where beneficial ownership in a financial product is held by such provider, in trust for or on behalf of the beneficial owner or any other person nominated by the beneficial owner. 45
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Depository Service means the service made available by CDS and described in Rule 6 by which CDS holds Securities on behalf of Participants.
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Depository Service means the service made available by TTCD and described in Rule 2 by which TTCD maintains Accounts recording Securities held by TTCD on trust for Participants;
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Examples of Depository Service in a sentence

  • The EGM will be convened by the Company at which resolutions will be proposed to seek approval from the Independent Shareholders for the Depository Service under the Financial Services Framework Agreement.

  • The purchase and sale of the Special Warrants shall be completed at the Closing Time at the offices of Fasken ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LLP in Calgary, Alberta, or at such other place as Mackie and the Company may agree upon, the Company shall deliver the Special Warrants to Mackie as an electronic deposit representing the Special Warrants pursuant to the non-certificated inventory system of CDS Clearing and Depository Service Inc.

  • In addition, deposits made by drop bag shall be subject to the terms of the Credit Union's Deposit Drop Bag/Night Depository Service Agreement.

  • Except as otherwise specifically provided in the Deposit Drop Bag/Night Depository Service Agreement, deposits made by, and items deposited by, drop bag will be subject to the terms and conditions of the Account Documents.

  • The maximum hold periods are as follows: Cheque Amount Way You Deposit Maximum Hold Period $1,500 or less In branch 4 business days after day of deposit By ABM or any other way 5 business days after day of deposit* Greater than $1,500 In branch 7 business days after day of deposit By ABM or any other way 8 business days after day of deposit* * For the CIBC Wallet Depository Service, the day of deposit is considered to be the day that the wallet’s contents are accepted for deposit and processed by CIBC.

  • To use the Depository Service, Participant opens and maintains with CDS one or more Securities Accounts for the recording of the deposit or withdrawal of securities and for dealing in such securities.

  • Eligible Securities that expire, are redeemed or canceled are retired by CDS from the Depository Service and the Securities Accounts, unless CDS is instructed otherwise by Participant.

  • The maximum hold periods are as follows: $1,500 or less In branch 4 business days after day of deposit By ABM or any other way 5 business days after day of deposit* Greater than $1,500 In branch 7 business days after day of deposit By ABM or any other way 8 business days after day of deposit* * For the CIBC Wallet Depository Service, the day of deposit is considered to be the day that the wallet’s contents are accepted for deposit and processed by CIBC.

  • All SEM trades in Eligible Securities between Participants, unless the Procedures prescribe otherwise, are reported and submitted for clearance to CDS and for settlement by Participants through the Settlement Service and the Depository Service.

  • Member: _______________________________ ______________________________________________ ______________________________________________ ______________________________________________ ______________________________________________ By signature below_______________________________ ("Member") hereby amends the Night Depository Service Agreement (the "Agreement") by and between Member and Name of Credit Union ("Credit Union").


More Definitions of Depository Service

Depository Service means the service provided by CDS and described in Rule 3 whereby CDS records Eligible Securities and Transaction therein;
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Depository Service means the Service by which CDS holds Securities on behalf of Participants, as described in Rule 6.
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Related to Depository Service

  • Depository System Participant means any participant in the Depository’s book- entry system.

  • Central Depository means Centrálny depozitár cenných papierov SR, a.s., with its registered seat at ul. 29. augusta 1/A, Bratislava 814 80, Slovak Republic, registered in the Commercial Register maintained by the District Court Bratislava I, Section: Sa, Insert No.: 493/B;

  • Depository Agent is defined in Section 2.6(a) of the Agreement.

  • Eligible Depository Any Reserve Bank or any depository institution or trust company incorporated under the laws of the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities, so long as at the time of determination of eligibility the commercial paper or other short-term debt obligations of such depository institution or trust company (or, in the case of a depository institution that is the principal subsidiary of a holding company, the commercial paper or other short-term debt obligations of such holding company) have the Highest Credit Rating Available from at least one Rating Agency.

  • Depository Agreement With respect to Classes of Book-Entry Certificates, the agreement between the Trustee and the initial Depository.