Common use of Identification of Client's Interests Clause in Contracts

Identification of Client's Interests. The Custodian shall cause the Client's interest in any Securities held by the Custodian directly, or indirectly through any Subcustodian or Securities Depository, to be evidenced by a credit to a Securities Account on the books of the Custodian. The Custodian shall instruct each Subcustodian to credit all Securities held by such Subcustodian directly, or indirectly through a Securities Depository, to an account of the Custodian on the books of such Subcustodian. The Custodian shall instruct, or direct the relevant Subcustodian to instruct, each Securities Depository to credit all Securities held by such Securities Depository to an account of the Custodian or the relevant Subcustodian on the books of such Securities Depository. Securities may be registered in the name of the Custodian's nominee or, as to any Securities held by an entity other than the Custodian, in the name of such entity's nominee. The Client agrees to hold any such nominee harmless from any liability as a holder of record of such Securities.

Appears in 2 contracts

Samples: Domestic Custody Agreement (Smith Barney Travelers Series Fund Inc), Global Custody Agreement (Smith Barney Shearson Precious Metals & Mineral Fund Inc)

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Identification of Client's Interests. The Custodian shall cause the Client's interest in any Securities held by the Custodian directly, or indirectly through any Subcustodian or Securities Depository, to be evidenced by a credit to a Securities Account on the books of the Custodian. The Custodian shall instruct each Subcustodian to credit all Securities held by such Subcustodian directly, or indirectly through a Securities Depository, to an account of the Custodian on the books of such Subcustodian. The Custodian shall instruct, or direct the relevant Subcustodian to instruct, each Securities Depository to credit all Securities held by such Securities Depository to an account of the Custodian or the relevant Subcustodian on the books of such Securities Depository. Securities may be registered in the name of the Custodian's nominee or, as to any Securities held by an entity other than the Custodian, in the name of such entity's nominee. The Client agrees to hold any such nominee harmless from any liability as a holder of record of such Securities.. (d)

Appears in 1 contract

Samples: Consulting Group Capital Markets Funds

Identification of Client's Interests. The Custodian shall cause ------------------------------------ the Client's interest in any Securities held by the Custodian directly, or indirectly through any Subcustodian or Securities Depository, to be evidenced by a credit to a Securities Account on the books of the Custodian. The Custodian shall instruct each Subcustodian to credit all Securities held by such Subcustodian directly, or indirectly through a Securities Depository, to an account of the Custodian on the books of such Subcustodian. The Custodian shall instruct, or direct the relevant Subcustodian to instruct, each Securities Depository to credit all Securities held by such Securities Depository to an account of the Custodian or the relevant Subcustodian on the books of such Securities Depository. Securities may be registered in the name of the Custodian's nominee or, as to any Securities held by an entity other than the Custodian, in the name of such entity's nominee. The Client agrees to hold any such nominee harmless from any liability as a holder of record of such Securities.

Appears in 1 contract

Samples: Global Custody Agreement (Delaware Pooled Trust Inc)

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Identification of Client's Interests. The Custodian shall cause the Client's interest in any Securities held by the Custodian directly, or indirectly through any Subcustodian or Securities Depository, to be evidenced by a credit to a Securities Account on the books of the Custodian. The Custodian shall instruct each Subcustodian to credit all Securities held by such Subcustodian directly, or indirectly through a Securities Depository, to an account of the Custodian on the books of such Subcustodian. The Custodian shall instruct, or direct the relevant Subcustodian to instruct, each Securities Depository to credit all Securities held by such Securities Depository to an account of the Custodian or the relevant Subcustodian on the books of such Securities Depository. Securities may be registered in the name of the Custodian's nominee or, as to any Securities held by an entity other than the Custodian, in the name of such entity's nominee. The Client agrees to hold any such nominee harmless from any liability but only as a holder of record of such Securities.

Appears in 1 contract

Samples: Global Custody Agreement (Nations Annuity Trust)

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