Common use of Custody Accounts Clause in Contracts

Custody Accounts. As to each Portfolio, the Custodian shall open and maintain in its trust department a custody account or accounts in the name of the Trust coupled with the name of such Portfolio, subject only to draft or order of the Custodian, in which the Custodian

Custody Accounts. As to each Portfolio, the Custodian shall open and maintain in its trust department a custody account or accounts in the name of the Trust coupled with the name of such Portfolio, subject only to draft or order of the Custodian, in which the CustodianCustodian shall enter and carry all securities, cash and other assets of such Portfolio which are delivered to it.