Common use of Registered Name Clause in Contracts

Registered Name. Nominee - To hold registered securities of the Portfolio (1) in the name of the Custodian or the Portfolio or any nominee thereof, or in the name of any agent appointed pursuant to Section 6E ("Agent") or any nominee thereof, or (2) in street certificate form, so-called, and in any case with or without any indication of fiduciary capacity, provided, securities are held in an account of the Custodian containing only assets of the Portfolio or only assets held as fiduciary or custodian for customers.

Appears in 1 contract

Sources: Custodian Agreement (Painewebber Investment Series)

Registered Name. Nominee - To hold registered securities of the ------------------------ Portfolio (1) in the name of the Custodian or the Portfolio or any nominee thereof, or in the name of any agent appointed pursuant to Section 6E ("Agent") or any nominee thereof, or (2) in street certificate form, so-called, and in any case with or without any indication of fiduciary capacity, provided, securities are held in an account of the Custodian containing only assets of the Portfolio or only assets held as fiduciary or custodian for customers.

Appears in 1 contract

Sources: Custodian Agreement (Painewebber Series Trust)