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TEMPORARY CUSTODY AGREEMENT This Temporary Custody Agreement (the Agreement) is entered into between ___ Inc., a Delaware corporation (Company) and ___ (Custodian) (Custodian and the Company are also
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What is form of sub-custodian agreement?
The form of sub-custodian agreement is a legal contract that outlines the responsibilities and obligations between a primary custodian and a sub-custodian regarding the safekeeping and management of assets.
Who is required to file form of sub-custodian agreement?
Financial institutions and organizations acting as primary custodians are required to file the form of sub-custodian agreement when appointing a sub-custodian to assist in asset custody.
How to fill out form of sub-custodian agreement?
The form of sub-custodian agreement is typically filled out by both parties involved, detailing key terms, roles, responsibilities, and compliance requirements. Legal counsel may be involved in the process.
What is the purpose of form of sub-custodian agreement?
The purpose of the form of sub-custodian agreement is to establish a clear understanding of the custody arrangement, ensure regulatory compliance, mitigate risks, and protect the assets being held.
What information must be reported on form of sub-custodian agreement?
Information reported on the form of sub-custodian agreement includes details of the primary custodian, sub-custodian, asset types, custody terms, fees, access, audit rights, and dispute resolution mechanisms.
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