Commingled Accounts. Custodian may permit a Sub-Custodian to commingle the Securities of Client with Securities of other sub-custodial accounts held by the Sub-Custodian for the account of Custodian and other customers of the Sub-Custodian; provided however, that under no circumstances shall any such sub-custodial account
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Samples: Custody Agreement (Prudential Variable Contract Account 11), Custody Agreement (Prudential Variable Contract Account 24), Custody Agreement (Prudential Variable Contract Account 10)
Commingled Accounts. Custodian may permit a Sub-Custodian to commingle the Securities of Client with Securities of other sub-custodial accounts held by the Sub-Custodian for the account of Custodian and other customers of the Sub-Custodian; provided however, that under no circumstances shall any such sub-custodial accountaccount 6 commingle Securities of Client with securities or other assets beneficially owned by Custodian or such Sub-custodian.
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Samples: Custody Agreement (Prudential Variable Contract Account 2)
Commingled Accounts. Custodian may permit a Sub-Custodian to commingle the Securities of Client with Securities of other sub-custodial accounts held by the Sub-Custodian for the account of Custodian and other customers of the Sub-Custodian; provided however, that under no circumstances shall any such sub-custodial accountaccount commingle Securities of Client with securities or other assets beneficially owned by Custodian or such Sub-Custodian.
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