APPOINTMENT OF AGENT AS CUSTODIAN OF THE ASSETS. (A) The Agent does not serve as the Lender’s securities custodian, but in the course of performing its activities under this Agreement, the Agent will have certain custodial-type obligations relating to the safekeeping of Securities and Collateral, the settlement of Loans and the servicing of assets. These activities may be undertaken in different markets. Accordingly, the Lender hereby authorizes and instructs the Agent:
Appears in 10 contracts
Samples: Global Securities Lending Agency Agreement (JPMorgan Institutional Trust), Global Securities Lending Agency Agreement (JPMorgan Institutional Trust), Global Securities Lending Agency Agreement (Jpmorgan Insurance Trust)
