Common use of Actions of Custodian Based on Proper Instructions and Special Instructions Clause in Contracts

Actions of Custodian Based on Proper Instructions and Special Instructions. Subject to the provisions of Section 4.01 hereof, the Custodian shall not be responsible for the title, validity or genuineness of any property, or evidence of title thereof, received by it or delivered by it pursuant to this Agreement.

Appears in 71 contracts

Sources: Joint Trading Account Custody Agreement (Fidelity Garrison Street Trust), Joint Trading Account Custody Agreement (Fidelity Advisor Series Viii), Joint Trading Account Custody Agreement (Variable Insurance Products Fund Iv)

Actions of Custodian Based on Proper Instructions and Special Instructions. Subject to the provisions of Section 4.01 hereof, the Custodian shall not be responsible for the title, validity or genuineness of any property, or evidence of title thereof, received by it or delivered by it pursuant to this Agreement.. ARTICLE IV -

Appears in 31 contracts

Sources: Joint Trading Account Custody Agreement (Fidelity Advisor Series I), Joint Trading Account Custody Agreement (Fidelity Commonwealth Trust), Joint Trading Account Custody Agreement (Fidelity Select Portfolios)