Securities Account. 5.1 Computershare shall in accordance with its standard operating procedures open and maintain a securities account(s) in its records in the name of the Client to record the number or nominal value of securities of each kind deposited by the Client with Computershare and to record all transactions and entries made in respect of such securities (“the Securities Account”). 5.2 Any entry made in a Securities Account shall be made only in accordance with authenticated instructions given by the Client and the provisions of the Securities Legislation. 5.3 Computershare shall not be obliged to make any entry in a Securities Account unless it conforms to clause 11 of this Agreement. 5.4 Computershare shall not give effect to any instruction that will result in a debit balance in respect of any security held in a Securities Account.
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Sources: Custody and Settlement Agreement, Custody and Settlement Agreement, Custody and Settlement Agreement