Common use of Recording of Assets Clause in Contracts

Recording of Assets. (a) Register the Property of the Trust Fund in its own name as Trustee, or in the names of its nominees or in the name of, or nominees of, any Subcustodian or Sub-Subcustodian appointed under this Agreement, or hold the investment in bearer form if the investment is not registrable or if it would not be in the best interest of the Beneficiaries of the Trust Fund to do otherwise.

Recording of Assets. (a) Register the Property of the Trust Fund in its own name as Trustee, or in the names of its nominees or in the name of, or nominees of, any Subcustodian subcustodian or Subsub-Subcustodian subcustodian appointed under this Agreement or of any Depository authorized under this Agreement, or hold the investment in bearer form if the investment is not registrable or if it would not be in the best interest of the Beneficiaries of the Trust Fund to do otherwise.