Acceptance of Securities. Except as otherwise agreed in writing with the Client, the Custodian will only accept custody of Securities and other assets that it is operationally equipped and licensed to hold in the relevant market where it provides custodial services either directly or through an existing Subcustodian and may decline to accept custody of certain securities or asset types that it determines present an unacceptable risk profile or that it or its Subcustodians are not operationally equipped or permitted to hold under any law or regulation.
Acceptance of Securities. The Owner may accept Municipal, State or Federal bonds, securities negotiable without recourse, condition or restrictions, in a form and amount subject to the approval of the Owner, or an irrevocable letter of credit in lieu of all or part of the cash retainage.
Acceptance of Securities. (a) Custodian shall receive or deliver Securities and shall credit or debit the Cash Account in accordance with properly authorized Instructions, as described in Exhibit 5. Custodian shall also receive into custody all: (i) interest and dividends, including securities lending income in lieu of interest or dividends; and (ii) stock dividends, rights and similar Securities issues, in connection with Securities held by Custodian under this Agreement. Custodian shall also, in a timely manner, surrender all items maturing or called for redemption and shall take other action(s) as Treasurer may direct in Instructions. Any Securities now held by Custodian for Treasurer under a prior Agreement shall be deemed to have been deposited hereunder. Accounting for all Security trades shall be on a contractual basis unless otherwise specified by Treasurer.
Acceptance of Securities. Except as otherwise agreed in writing with the Client, State Street will only accept custody of Securities and other assets that it is operationally equipped and licensed to hold in the relevant market where it provides custodial services either directly or through an existing Subcustodian and may decline to accept custody of certain securities or asset types that it determines present an unacceptable risk profile or that it or its Subcustodians are not operationally equipped or permitted to hold under any law or regulation. Information Classification: Limited Access 3 Cash
Acceptance of Securities. The Foreign Custodian shall accept delivery of all Securities for the account of the Custodian as agent for Clients except any Security as to which it has notice of any defect in title or any encumbrance affecting such Security or (ii) the fact that such Security is forged or fraudulent or cannot be freely transferred or delivered without encumbrance in any relevant market. The Foreign Custodian will not accept any form of receipt instead of Securities unless specifically instructed otherwise pursuant to Instructions from the Custodian.
Acceptance of Securities. Except as otherwise agreed in writing with the Client, the Custodian will only accept custody of Securities and other assets that it is operationally equipped and licensed to hold in the relevant market where it provides custodial services either directly or through an existing Subcustodian and may decline to accept custody of certain securities or asset types that it determines present an unacceptable risk profile or that it or its Subcustodians are not operationally equipped or permitted to hold under any law or regulation. Without limiting the foregoing, the Custodian further reserves the right, in its sole discretion, to decline to accept custody of, and to provide services with respect to, any Digital Assets.
Acceptance of Securities. (a) The Custodian shall accept delivery from and on behalf of the Depositor of such Securities as shall, from time to time, be acceptable to it. Any Securities now held by the Custodian for the Depositor under prior security agreements shall be deemed to have been deposited hereunder.
Acceptance of Securities. (a) Custodian shall receive or deliver Securities and shall credit or debit the Cash Account in accordance with properly authorized Instructions, as described in Exhibit 7. Custodian shall also receive into custody all: (i) interest and dividends, including securities lending income in lieu of interest or dividends; and (ii) stock dividends, rights and similar Securities issues, in connection with Securities held by Custodian under this Agreement. Custodian shall also, in a timely manner, surrender all items maturing or called for redemption and shall take other action(s) as Treasurer may direct in Instructions. Any Securities now held by Custodian for Treasurer under a prior Agreement shall be deemed to have been deposited hereunder. Custodian may hold any Securities delivered hereunder through any Affiliate of Custodian, provided that Custodian shall have the same responsibilities and liabilities for Securities held for the Account of Treasurer at an Affiliate of Custodian as it would if Custodian held the Securities directly. Accounting for all Security trades shall be on a contractual basis unless otherwise specified by Treasurer.
Acceptance of Securities. (a) The Custodian shall accept delivery from and on behalf of the Fund of such Securities as shall, from time to time, be acceptable to it. Any Securities now held by the Custodian for the Fund under a prior custody agreement shall be deemed to have been deposited hereunder. Custodian may hold any Securities delivered hereunder through any affiliate of the Custodian, provided that the Custodian shall have the same resposibilities and liabilities for Securities held for the account of the Fund at an affiliate of the Custodian as it would if it held the Securities directly.
Acceptance of Securities. (a) The Bank shall accept delivery from and on behalf of the Depositor such Securities as shall, from time to time, be acceptable to it. Any Securities now held by the Bank for the Depositor under a prior custody agreement shall be deemed to have been deposited hereunder. The Bank shall have no responsibility to (i) determine the validity, genuineness or alteration of the Securities or related instruments delivered pursuant to the terms hereof; (ii) review the Securities; or (iii) provide advice to the Depositor relative to the purchase, retention, sale, exchange, disposition, call for redemption of the Securities or related instruments. The parties acknowledge that the Bank is performing the services hereunder merely as an aid to the Depositor, and this does not relieve the Depositor of its duty to manage and keep itself informed of information affecting its own portfolio.
