Custody of Financial Instruments Sample Clauses

Custody of Financial Instruments. 27.19. You instruct us to hold Custody Securities bought on your behalf until we receive further instructions from you. We will act as custodians and hold the Custody Securities on your behalf.

Custody of Financial Instruments. The Client’s financial instruments are held in custody in a nominee account of the Royal Bank of Canada in Luxembourg. The Company is the holder of the nominee account. Notwithstanding what is mentioned above, the Company has the right to hold the Client’s financial instruments in custody also in another Finnish or foreign credit facility or investment services company of its choosing or in some other reliable manner. The Company shall keep a Client-specific securities account for the Client’s holdings. The account is maintained in a reliable manner and ensuring that the exact date of each entry indicating a right made into the account can be reliably ascertained.

Custody of Financial Instruments. Recourse to third parties The Bank enters in its books and holds the assets corresponding to the securities of its clients in accordance with the regulations in force. The Bank therefore keeps the registers and accounts required for making it possible, at any time and right away, to distinguish the Client’s financial securities from those held by other clients or by the Bank itself. The Client is informed that the Bank may make use of any third party of its choice to ensure all or part of the custody of the financial instruments both in France and abroad. The Bank chooses the third party under consideration of its expertise and reputation on the market and also of any regulatory restrictions or market practices. Where the Client’s financial securities are kept with a third party, the Bank takes all necessary measures to ensure that the Client’s financial securities can be identified separately from the financial securities belonging to the third party or the Bank. The Client authorises the Bank to inform the third-party holder (central depositary, custodian, etc.), at its request, of the Client’s name, nationality, date and place of birth, address and, where applicable, email address for carrying out said custodial assignment. The Client is informed that such information may also be communicated to the issuing company, to which the Client agrees. The Client is informed that its financial securities, in particular foreign securities, may be held by a third party on an account opened in the Bank’s name and that, in that situation, the Bank assumes responsibility for any action or omission of said third party or its possible insolvency and the consequences for clients in the conditions in the Appendix (Fonds de guarantiee des dépôts). The Bank also informs the Client, with regard to certain securities kept abroad, that:  the financial securities may be held by a third party on a global account;  the third party may not be in a position to identify the financial securities held by a third party separately from specific financial securities held for said third party or the Bank;  some of these financial securities may, when such securities or the investment services associated with them so require, be subject to different law from that of a State party to the agreement on the European Economic Area.

Custody of Financial Instruments. If the Manager requests so, a Legal Owner will make custody arrangements about Custody Assets with a third party (as set forth in 21(11) AIFMD), who will be the custodian of those Custody Assets as specified in the SLA (a “Custodian”).