Investment Powers and Duties of the Custodian. The Custodian shall have no discretion to direct any investment in this Xxxxxxxxx ESA. The Custodian assumes no responsibility for rendering investment advice with respect to the Xxxxxxxxx ESA, nor will the Custodian offer any opinion or judgment on matters concerning the value or suitability of any investment or proposed investment for this Xxxxxxxxx ESA. The Custodian shall exercise the voting rights and other shareholder rights with respect to securities in the Xxxxxxxxx ESA but only in accordance with the instructions provided by the Responsible Individual or an investment advisor appointed by the Responsible Individual. The Responsible Individual shall have the power and authority in the administration of this agreement to do all acts, including by way of illustration but not in limitation of the powers conferred by law, the following:
Appears in 4 contracts
Samples: Custodial Agreement, Custodial Agreement, Custodial Agreement
Investment Powers and Duties of the Custodian. The Custodian shall have no discretion to direct any investment in this Xxxxxxxxx thxx Xxxxxxell ESA. The Custodian assumes no responsibility for rendering investment advice with respect to the Xxxxxxxxx txx Xxxxxxell ESA, nor will the Custodian offer any opinion or judgment on matters concerning the value or suitability of any investment or proposed investment for this Xxxxxxxxx thxx Xxxxxxell ESA. The Custodian shall exercise the voting rights and other shareholder rights with respect to securities in the Xxxxxxxxx txx Xxxxxxell ESA but only in accordance with the instructions provided by the Responsible Individual or an investment advisor appointed by the Responsible Individual. The Responsible Individual shall have the power and authority in the administration of this agreement to do all acts, including by way of illustration but not in limitation of the powers conferred by law, the following:
Appears in 1 contract
Samples: Custodial Agreement