Securities Segregation. 4.6.1. The Custodian shall identify Securities on its records in a manner so that it is readily apparent the Securities held in a Custody Account (i) belong to the Client or its customers (as applicable), (ii) do not belong to the Custodian or any other clients of the Custodian, and (iii) are segregated on the books and records of the Custodian from the Custodian’s and its other clients’ assets. The Custodian intends that Securities will be held in such manner that they should not become available to the insolvency administrator or creditors of the Custodian.
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Samples: Custodial Services Agreement (Diameter Credit Co), Custodial Services Agreement (Schwab Annuity Portfolios), Custodial Services Agreement (Schwab Investments)
Securities Segregation. 4.6.1. 4.6.1 The Custodian shall identify Securities on its records in a manner so that it is readily apparent the Securities held in a Custody Account (i) belong to the Client or its customers (as applicable), (ii) do not belong to the Custodian or any other clients of the Custodian, and (iii) are segregated on the books and records of the Custodian from the Custodian’s and its other clients’ assets. The Custodian intends that Securities will be held in such manner that they should not become available to the insolvency administrator or creditors of the Custodian.
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Samples: Global Custodial and Agency Services Agreement (Emles Trust)
Securities Segregation. 4.6.1. 4.7.1 The Custodian shall identify Securities on its records in a manner so that it is readily apparent the Securities held in a Custody Account Account: (i) belong to the Client or its customers (as applicable), ; (ii) do not belong to the Custodian or any other clients of the Custodian, ; and (iii) are segregated on the books and records of the Custodian from the Custodian’s 's and its other clients’ ' assets. The Custodian intends that Securities will be held in such manner that they should not become available to the insolvency administrator or creditors of the Custodian.
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Samples: Global Custodial Services Agreement