Common use of Requesting Certificates Clause in Contracts

Requesting Certificates. Client authorizes Betterment Securities to register any Securities and/or Other Property in the Account in the name of Betterment Securities or any other nominee, including sub-custodians, or to cause the Securities and/or Other Property to be registered in the name of, or in the name of any nominee of a recognized depository clearing organization. Client’s ownership of these Securities and/or Other Property is reflected in Betterment Securities’s records. Without abrogating any of Betterment Securities’s rights under this Brokerage Agreement and subject to prior satisfaction of any indebtedness Client may have to Betterment Securities, Client is entitled to receive physical delivery of fully paid securities from the Account. On Client’s written instructions, and on paying any applicable fees up to $100 as prescribed by Betterment Securities in its sole discretion, any certificate that is capable of being produced and obtained by Betterment Securities will be sent to Client on request. Client understands and agrees that Betterment Securities cannot transfer or deliver fractional shares of any security.

Requesting Certificates. Client authorizes Betterment Securities to register any Securities and/or Other Property in the Account in the name of Betterment Securities or any other nominee, including sub-custodians, or to cause the Securities and/or Other Property to be registered in the name of, or in the name of any nominee of a recognized depository clearing organization. Client’s ownership of these Securities and/or Other Property is reflected in Betterment Securities’s ’ records. Without abrogating any of Betterment Securities’s ’ rights under this Brokerage Agreement and subject to prior satisfaction of any indebtedness Client may have to Betterment Securities, Client is entitled to receive physical delivery of fully paid securities from the Account. On Client’s written instructions, and on paying any applicable fees up to $100 as prescribed by Betterment Securities in its sole discretion, any certificate that is capable of being produced and obtained by Betterment Securities will be sent to Client on request. Client understands and agrees that Betterment Securities cannot transfer or deliver fractional shares of any security.