Depositary example sentences
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- "Depositary" example sentences
Related (6): custodian, repository, trustee, caretaker, intermediary, guardian
"Depositary" Example Sentences
- The depositary of the company holds all the funds.
- She was made the depositary of her grandmother's estate.
- The bank serves as the depositary for many clients.
- The depositary is responsible for the safekeeping of the assets.
- The depositary guarantees the integrity of the financial transactions.
- The company's depositary agreement outlines the terms of the securities deposit.
- The depositary receipt is a negotiable instrument representing the underlying asset.
- The depositary is required to maintain accurate records of all transactions.
- The depositary must comply with all applicable regulations regarding custody and safekeeping of assets.
- The depositary acts as an intermediary between the issuer and the investor.
- The depositary system simplifies the process of buying and selling foreign securities.
- The depositary may charge fees for their services.
- The depositary bank provides services to facilitate the issuance of depositary receipts.
- The depositary may appoint agents to perform certain functions on its behalf.
- The depositary must maintain strict confidentiality of client information.
- The depositary is responsible for notifying clients of any changes to the terms and conditions.
- The depositary must have adequate security measures in place to protect assets against theft and fraud.
- The depositary agreement may specify the circumstances under which the assets may be removed.
- The depositary may provide additional services, such as corporate actions processing or proxy voting.
- The depositary's responsibilities may vary depending on the type of securities held.
- The depositary is accountable to the investors for the safekeeping of their assets.
- The depositary receipt allows investors to trade securities from other countries without having to deal with foreign exchanges directly.
- The depositary must ensure that their systems and procedures are robust and reliable.
- The depositary may require investors to provide certain documents or information to verify their identity.
- The depositary may be subject to audits or inspections by regulatory authorities.
- The depositary must comply with all applicable tax laws and regulations.
- The depositary must handle any disputes or claims in a timely and impartial manner.
- The depositary's role is to facilitate the transfer and ownership of securities.
- The depositary may hold assets in multiple currencies, and is responsible for managing any associated risks.
- The depositary agreement is a legally binding contract between the issuer and the depositary, outlining their respective obligations and responsibilities.
Common Phrases
- The depositary is responsible for safeguarding the funds.
- The depositary bank will hold the securities until maturity.
- The depositary agreement outlines the terms and conditions of the investment.
- The depositary receipt represents ownership of shares in a foreign company.
- The depositary is required to keep accurate records of all transactions.
- The depositary is authorized to make withdrawals on behalf of the account holder.
- The depositary is liable for any losses incurred due to negligence or breach of duty.
- The depositary may require additional documentation before opening an account.
- The depositary fee is a charge for storing and managing assets.
- The depositary plays a crucial role in cross-border trading.
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