Nominee Registration Clause Samples
A Nominee Registration clause establishes the right for securities or assets to be held in the name of a nominee on behalf of the actual owner. In practice, this means that shares or other interests may be registered under the name of a third party, such as a custodian or trustee, rather than the beneficial owner, to facilitate administration or compliance with legal requirements. This arrangement is commonly used in investment and trust structures to simplify transfers, maintain confidentiality, or meet regulatory obligations. The core function of the clause is to provide flexibility and efficiency in asset management while ensuring that the beneficial owner's rights are preserved.
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Nominee Registration. The Custodian may hold all Eligible Investments in accounts registered to the Custodian or its nominee as record owner. Such record ownership shall not abridge or alter the beneficial ownership in the Custodial Account of the Designated Beneficiary.
Nominee Registration. The Customer’s book-entries are primarily registered in the name of the Customer. Foreign shares not entered into the ▇▇▇▇- ish book-entry system are automatically nominee registered.
Nominee Registration. The Trustee may cause stocks, bonds and other property, real or personal, belonging to the trust to be registered and held in the name of a nominee without mention of the trust in any instrument of record constituting or evidencing title thereto. The Trustee shall not be liable for the acts of the nominee with respect to any investment so registered. The records of the Trustee shall show at all times the ownership of the investment by the Trustee, and the stocks, bonds and other similar investments shall be in the possession and control of the Trustee and be kept separate and apart from assets which are the individual property of the Trustee.
Nominee Registration. If the Subscriber wishes to have the Securities registered in the record name of a fiduciary or nominee, the Subscriber will separately complete the “Confirmation of Beneficial Ownership” form provided by the Company, which will otherwise be subject to and a part of this Subscription Agreement.
Nominee Registration. A financial undertaking authorised to preserve financial instruments owned by its clients may apply to the Financial Supervisory Authority for permission to hold these in a separate account (nominee account) and accept payment on behalf of its clients from individual issuers of financial instruments, provided that the financial undertaking has explained to the client the legal effects thereof and the client has granted his approval. The financial undertaking shall keep a record of the holdings of each individual client under this Article. In the event that a financial undertaking is sent into receivership or granted a moratorium on its debts, or the undertaking is wound up or comparable measures are taken, the client may, on the basis of the record provided for in paragraph 1, withdraw his financial instruments from the nominee account, provided that their ownership is not disputed.