Segregation of Purchased Securities. To the extent required by applicable law, all Purchased Securities in the possession of Seller shall be segregated from other securities in its possession and shall be identified as subject to this Agreement. Segregation may be accomplished by appropriate identification on the books and records of the holder, including a financial or securities intermediary or a clearing corporation. All of Seller’s interest in the Purchased Securities shall pass to Buyer on the Purchase Date and, unless otherwise agreed by Buyer and Seller, nothing in this Agreement shall preclude Buyer from engaging in repurchase transactions with the Purchased Securities or otherwise selling, transferring, pledging or hypothecating the Purchased Securities, but no such transaction shall relieve Buyer of its obligations to transfer Purchased Securities to Seller pursuant to Paragraph 3, 4 or 11 hereof, or of Buyer’s obligation to credit or pay Income to, or apply Income to the obligations of, Seller pursuant to Paragraph 5 hereof. Required Disclosure for Transactions in Which the Seller Retains Custody of the Purchased Securities Seller is not permitted to substitute other securities for those subject to this Agreement and therefore must keep Buyer’s securities segregated at all times, unless in this Agreement Buyer grants Seller the right to substitute other securities. If Buyer grants the right to substitute, this means that Buyer’s securities will likely be commingled with Seller’s own securities during the trading day. Buyer is advised that, during any trading day that Buyer’s securities are commingled with Seller’s securities, they [will]* [may]** be subject to liens granted by Seller to [its clearing bank]* [third parties]** and may be used by Seller for deliveries on other securities transactions. Whenever the securities are commingled, Seller’s ability to resegregate substitute securities for Buyer will be subject to Seller’s ability to satisfy [the clearing]* [any]** lien or to obtain substitute securities.
Segregation of Purchased Securities. To the extent required by applicable law, all Purchased Securities in the possession of Seller shall be segregated from other securities in its possession and shall be identified as subject to this Agreement. Segregation may be accomplished by appropriate identification on the books and records of the holder, including a financial or securities intermediary or a clearing corporation. All of Seller’s interest in the Purchased Securities shall pass to Buyer on the Purchase Date and, unless otherwise agreed by Buyer and Seller, nothing in this Agreement shall preclude Buyer from engaging in repurchase transactions with the Purchased Securities or otherwise selling, transferring, pledging or hypothecating the Purchased Securities, but no such transaction shall relieve Buyer of its obligations to transfer Purchased Securities to Seller pursuant to Paragraph 3, 4 or 11 hereof, or of Buyer’s obligation to credit or pay Income to, or apply Income to the obligations of, Seller pursuant to Paragraph 5 hereof.
Segregation of Purchased Securities. Unless otherwise agreed by the parties, any transfer of Purchased Securities to a Fund shall be effected by delivery or other transfer (in the manner agreed upon pursuant to Paragraph 7 of the Agreement) to the custodian or subcustodian designated for such Fund in Schedule VILA hereto (“Custodian”) for credit to the Fund’s custodial account with such Custodian. If the party effecting such transfer is the Fund’s Custodian, such party shall, unless otherwise directed by the Fund, (a) transfer and maintain such Purchased Securities to and in the Fund’s custodial account with such party and (b) so indicate in a notice to the Fund. Schedule VII.A Supplemental Tennis and Conditions of Transactions Involving Registered Investment Companies This Schedule VII.A forms a part of Annex VII to the Master Repurchase Agreement dated as of (the “Agreement”) between and Daiwa Securities America Inc. Capitalized terms used but not defined in this Schedule VII.A shall have the meanings ascribed to them in Annex VII.
Segregation of Purchased Securities. Unless otherwise agreed by the parties, any transfer of Purchased Securities to a Fund shall be effected by delivery or other transfer (in the manner agreed upon pursuant to Paragraph 7 of the Agreement) to the custodian or subcustodian designated for such Fund in Schedule VII.A hereto (“Custodian”) for credit to the Fund’s custodial account with such Custodian. If the party effecting such transfer is the Fund’s Custodian, such party shall, unless otherwise directed by the Fund, (a) transfer and maintain such Purchased Securities to and in the Fund’s custodial account with such party and (b) so indicate in a notice to the Fund.
Segregation of Purchased Securities. Unless otherwise agreed by the parties, any transfer of Purchased Securities to a Fund shall be effected by delivery or other transfer (in the manner agreed upon pursuant to Paragraph 7 of the Agreement) to the custodian or subcustodian designated for such Fund in Schedule VII.A hereto (“Custodian”) for credit to the Fund ‘s custodial account with such Custodian. If the party effecting such transfer is the Fund’s Custodian, such party shall, unless otherwise directed by the Fund, (a) transfer and maintain such Purchased Securities to and in the Fund ‘s custodial account with such party and (b) so indicate in a notice to the Fund. STATE STREET CORPORATION AND/OR STATE STREET BANK AND TRUST COMPANY By: /s/ Xxxxxxx X. XxXxxxx Xxxxxxx X. XxXxxxx Title: Senior Vice President Date: 12/5/07 MASSMUTUAL SELECT FUNDS By: /s/ Xxxxxxxx Xxxxxxxxx Xxxxxxxx Xxxxxxxxx Title: CFO and Treasurer Date: 11/15/07 MASSMUTUAL PREMIER FUNDS By: /s/ Xxxxxxxx Xxxxxxxxx Xxxxxxxx Xxxxxxxxx Title: CFO and Treasurer Date: 11/15/07 MML SERIES INVESTMENT FUND By: /s/ Xxxxxxxx Xxxxxxxxx Xxxxxxxx Xxxxxxxxx Title: CFO and Treasurer Date: 11/15/07 MML SERIES INVESTMENT FUND II By: /s/ Xxxxxxxx Xxxxxxxxx Xxxxxxxx Xxxxxxxxx Title: CFO and Treasurer Date: 11/15/07
Segregation of Purchased Securities. To the extent required by applicable law, all Purchased Securities in the possession of Bank shall be segregated from other securities in its possession and shall be identified as subject to this Agreement. Segregation may be accomplished by appropriate identification of Xxxxxxxx’s ownership on the books and records of the holder, including a financial intermediary or a clearing corporation.
Segregation of Purchased Securities. Unless otherwise agreed by the parties, any transfer of Purchased Securities to a Fund shall be effected by delivery or other transfer (in the manner agreed upon pursuant to Paragraph 7 of the Agreement) to the custodian or subcustodian designated for such Fund in Schedule VII.A hereto (“Custodian”) for credit to the Fund’s custodial account with such Custodian. If the party effecting such transfer is the Fund’s Custodian, such party shall, unless otherwise directed by the Fund, (a) transfer and maintain such Purchased Securities to and in the Fund’s custodial account with such party and (b) so indicate in a notice to the Fund. September 1996 Master Repurchase Agreement 30 Schedule VII.A Supplemental Terms and Conditions of Transactions Involving Registered Investment Companies This Schedule VII.A forms a part of Annex VII to the Master Repurchase Agreement dated as of , 200 (the “Agreement”) between Xxxxxxx Xxxxx Government Securities Inc. and/or Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated and . Capitalized terms used but not defined in this Schedule VII.A shall have the meanings ascribed to them in Annex VII.
Segregation of Purchased Securities. Unless otherwise agreed by the parties, any transfer of Purchased Securities to a Fund shall be effected by delivery or other transfer (in the manner agreed upon pursuant to Paragraph 7 of the Agreement) to the custodian or subcustodian designated for such Fund in Schedule VII.A hereto (“Custodian”) for credit to the Fund’s custodial account with such Custodian. If the party effecting such transfer is the Fund’s Custodian, such party shall, unless otherwise directed by the Fund, (a) transfer and maintain such Purchased Securities to and in the Fund’s custodial account with such party and (b) so indicate in a notice to the Fund. September 1996 n Master Repurchase Agreement n 29 Schedule VII.A Supplemental Terms and Conditions of Transactions Involving Registered Investment Companies This Schedule VII.A forms a part of Annex VII to the Master Repurchase Agreement dated as of December 20, 2017 (the “Agreement”) between Party A and Party B. Capitalized terms used but not defined in this Schedule VII.A shall have the meanings ascribed to them in Annex VII.
Segregation of Purchased Securities. 7.1 All Purchased Securities in the possession of Seller shall be segregated from other securities in its possession and shall be identified as subject to this Agreement. Segregation may be accomplished by appropriate identification on the books and records of the holder, including a financial intermediary or a clearing corporation as prescribed in the applicable rules, requirements or laws of any appropriate governmental body, agency, stock exchange, clearing corporation, regulatory body or self-regulatory body. Title to all Purchased Securities shall pass to Buyer and, unless otherwise agreed by Buyer and Seller, nothing in this Agreement shall preclude Buyer from engaging in repurchase transactions with the Purchased Securities or otherwise pledging, hypothecating, transferring or otherwise dealing with the Purchased Securities, but no such transaction shall relieve Buyer of its obligations to transfer Purchased Securities to Seller pursuant to Sections 2, 3, or 10 hereof, or of Buyer's obligations to credit or pay Income to, or apply Income to the obligations of, Seller pursuant to Section 4 hereof.
Segregation of Purchased Securities. Paragraph 8 of the Agreement is hereby amended by deleting the words “ 3, 4, or” in the twelfth line thereof.
