Securities Segregation. 4.6.1 The Custodian shall identify Securities on its records in a manner so that it is readily apparent the Securities: (i) belong to the Client; (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.
Appears in 3 contracts
Samples: Escrow and Custody Agreement (Letterone Investment Holdings S.a.r.l.), Escrow and Custody Agreement (CUKUROVA FINANCE INTERNATIONAL LTD), Escrow and Custody Agreement (TELIA Co AB)
Securities Segregation. 4.6.1 4.5.1. The Custodian shall identify Securities on its records in a manner so that it is readily apparent the Securities: Securities (i) belong to the Client; Client or its customers, (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.
Appears in 2 contracts
Samples: Custodial Services Agreement (Endowment PMF Master Fund, L.P.), Custodial Services Agreement (PMF Fund, L.P.)
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: Securities held in a Custody Account (i) belong to the Client; , (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.
Appears in 1 contract
Samples: Global Custodial Services Agreement (Usaa Mutual Funds Trust)
