Client Assets. We are the sole owner of all Account Assets and (1) there are no restrictions on the transfer, sale or public distribution of any such Account Assets and (2) no option, lien, charge, security or encumbrance exists over such Account Assets, except as described to you in writing.
Appears in 6 contracts
Sources: Investment Management With Custody Agreement (Franklin Resources Inc), Custody Agreement (Franklin Resources Inc), Investment Management With Custody Agreement (Franklin Resources Inc)