Use of Nominee. To hold securities or other property in the name of the Trustee, in the name of a nominee of the Trustee, or in the name of a custodian (or its nominee) selected by the Trustee, with or without disclosure of the Trust, the Trustee being responsible for the acts of such custodian or nominee affecting such property.
Use of Nominee. To hold securities or other property in the name of the Trustee, in the name of a nominee of the Trustee, or in the name of a custodian (or its nominee) selected by the Trustee, with or without disclosure of the Trust, the Trustee being responsible for the acts of such custodian or nominee affecting such property. (h) Advance Money. To advance money for the protection of the Trust, and for all expenses, losses and liabilities sustained or incurred in the administration of the Trust or because of the holding or ownership of any Trust assets, for which advances, with interest, the Trustee has a lien on the Trust assets as against the Beneficiaries. (i) Pay, Contest or Settle Claims. To pay, contest or settle any claim by or against the Trust by compromise, arbitration or otherwise; to release, in whole or in part, any claim belonging to the Trust to the extent that the claim is uncollectible. Notwithstanding the foregoing, the Trustee may only pay or settle a claim asserted against the Trust by a Grantor if it is compelled to do so by a final order of a court of competent jurisdiction. (j)
Use of Nominee. At the election of a Option Member, the purchase of all or part of the Option Interest pursuant to this Section 8.5 may be completed by a nominee of the Option Member, in which case, the obligations of the Option Member under this Section 8.5 shall be performed by the nominee rather than the Option Member.
Use of Nominee. To hold any or all of the Trust assets, real or personal, in the Trustee’s own name, or in the single name of any Co-Trustee, or in the name of any corporation, partnership, or other person as the Trustee’s nominee for holding the assets, with or without disclosing the fiduciary relationship. A corporate Trustee shall have the power to appoint a Trustee to administer property in any jurisdiction in which it shall fail to qualify.
Use of Nominee. At the election of a Purchasing Member, the purchase of all or part of the Option Interest pursuant to this Section 8.5 may be completed by a nominee of the Purchasing Member, in which case, the obligations of the Purchasing Member under this Section 8.5 shall be performed by the nominee rather than the Purchasing Member. If a nominee completes the purchase of the Option Interest, the nominee shall be admitted as a Substituted Member in the Company upon the execution and delivery by such nominee to the remaining Members of an instrument in a form approved by the remaining Members in their reasonable discretion, whereby such nominee agrees to be bound by the terms and conditions of this Agreement from and after the date the nominee acquires the Option Interest.
Use of Nominee. At the election of the purchasing Member, the purchase of the selling Member's interest in the Company pursuant to this Section 5.14 may be completed by a nominee of the purchasing Member; provided that the purchasing Member shall remain liable for all obligations to be performed by the nominee under this Section 5.14.
Use of Nominee. Bank may hold any or all of the assets in the accounts in the name of a nominee in such form as will facilitate the passage of title. However, no such registration or use of nominee shall release Bank of liability for any loss resulting from a negligent act or omission of Bank or any of its nominees, to the extent provided in Article IX of this Contract.
Use of Nominee. 286.14.1 Nothing in this Addendum should be construed as restricting IBA from entering into any transaction or effecting delivery, or accepting redelivery of Shares (or Equivalent Securities) through its Nominee. Notwithstanding IBA's use of its Nominee, all obligations and rights in this Addendum exist as between you and IBA. Notes:
Use of Nominee. The Company acknowledges and agrees that where a right or obligation owed by the Company is expressed in this document to be in favour of the nominee of the Subscriber:
Use of Nominee. Agent may hold any securities or other property in the name of its nominee or in such other form as it deems best, but Agent shall remain accountable for the actions of its nominee. Agent shall have the authority and responsibility to vote proxies on all securities held in nominee form in the account and shall be designated as the responsible party under applicable S.E.C.
