Use of Securities Depository. Subcustodian may, with the prior written approval of Custodian, maintain all or any part of the Securities in the Account with a securities depository or clearing agency which is incorporated or organized under the laws of a country other than the United States of America and is supervised or regulated by a government agency or regulatory authority in the foreign jurisdiction having authority over such depositories or agencies, and which operates (a) the central system for handling of designated securities or equivalent book entries in , or (b) a transnational system for the central handling of securities or equivalent book entries (herein called "Eligible Depository"), provided however, that, while so maintained, such Securities shall be subject only to the directions of Subcustodian, and that Subcustodian duties, obligations and responsibilities with regard to such Securities shall be the same as if such Securities were held by Subcustodian on its premises.
Use of Securities Depository. Bank may, in its discretion, deposit in a securities depository any securities which, under applicable law, are eligible to be so deposited. If Bank deposits securities with a depository, Bank shall maintain adequate records showing the identity and location of the depository, the securities held by the depository and each account to which such securities belong.
Use of Securities Depository. Notwithstanding any provision of this Bond Indenture to the contrary:
Use of Securities Depository. (a) The Bonds shall be initially registered as provided in Section 2.01. Registered ownership of the Bonds, or any portion thereof, may not thereafter be transferred except:
Use of Securities Depository. Unless otherwise provided in a Supplemental Trust Agreement delivered in connection with a Series of Junior Subordinate Bonds, notwithstanding any provision of this Trust Agreement to the contrary:
Use of Securities Depository. The Custodian agrees: (a) to exercise due care in accordance with reasonable commercial standards in placing the Funds' financial assets with securities depositories; (b) to provide, upon request, reports concerning its internal accounting controls and financial strength; and (3) that any agreement that is applicable to an intermediary custodian appointed by the Custodian for purposes of maintaining the Funds' financial assets in a securities depository pursuant to the terms of this Agreement shall require that the intermediary custodian be obligated to exercise due care in accordance with reasonable commercial standards in discharging its duty as a securities intermediary to obtain and thereafter maintain financial assets, corresponding to the security entitlements of its entitlement holders (as defined in U.C.C. ss. 8-102(a)(7) (2002)). The terms "financial assets," "securities entitlements," "securities intermediary," "securities depository," and "intermediary custodian," as used herein, shall have the same meaning as when such terms are used in Rule 17f-4.
Use of Securities Depository. 4 A. PRIOR APPROVAL..................................................................................4 IV. CLAIMS AGAINST PROPERTY IN THE ACCOUNTS.....................................................................5 V. SUBCUSTODIAN'S REPRESENTATIONS AND WARRANTIES...............................................................5 VI. INSTRUCTIONS................................................................................................6 A. DEFINITION......................................................................................6 B. EFFECT..........................................................................................7
Use of Securities Depository. Notwithstanding any provision of . this First Supplemental Indenture to the contrary:
Use of Securities Depository. Subcustodian may, with the prior written approval of Custodian, maintain all or any part of the Securities in the Account with a securities depository or clearing agency which is incorporated or organized under the laws of a country other than the United States of America and is supervised or regulated by a government agency or regulatory authority in the foreign jurisdiction having authority over such depositories or agencies, and which operates (a) the central system for handling of designated securities or equivalent book entries in ____________________________________________________________________________ or (b) a transnational system for the central handling of securities or equivalent book entries (herein called "Eligible Depository"), provided however, that, while so maintained, such Securities shall be subject only to the directions of Subcustodian, and that Subcustodian duties, obligations and responsibilities with regard to such Securities shall be the same as if such Securities were held by Subcustodian on its premises.
Use of Securities Depository. Bank may, with the prior written approval of Boston Safe, maintain all or any part of the Securities in the Account with a securities depository or clearing agency which is incorporated or organized under the laws of a country other than the United States of America and is supervised or regulated by a government agency or regulatory authority in the foreign jurisdiction having authority over such depositories or agencies, and which operates (a) the central system for handling of securities or equivalent book entries in France, (b) a transnational system for the central handling of securities or equivalent book entries, or (c) is the subject of an exemptive order issued by the U.S. Securities and Exchange Commission with respect to the requirements for a securities depository under Rule 17f-5 of the U.S. Investment Company Act of 1940 (herein called "Eligible Depository"), provided, however, that while so maintained such Securities shall be subject only to the directions of Bank, and that Bank's duties, obligations and responsibilities with regard to such Securities shall be the same as if such Securities were held by Bank. In seeking Boston Safe's approval with respect to an Eligible Depository, Bank shall submit a copy of its agreement with such Eligible Depository to Boston Safe.
