Common use of May Own Bonds Clause in Contracts

May Own Bonds. The Bank, in its individual or any other capacity, may become the owner or pledgee of Bonds with the same rights it would have if it were not the Custodian.

Appears in 2 contracts

Sources: Custodial Agreement, Custodial Agreement

May Own Bonds. The Bank, in its individual or any other capacity, may become the owner or pledgee of Bonds with the same rights it would have if it were not the CustodianPaying Agent and Registrar for the Bonds.

Appears in 2 contracts

Sources: Paying Agent/Registrar Agreement, Paying Agent/Registrar Agreement

May Own Bonds. The Bank, in its individual or any other capacity, may become the owner or pledgee of Bonds Bonds, with the same rights it would have if it were not the CustodianPaying Agent and Registrar for the Bonds.

Appears in 1 contract

Sources: Paying Agent/Registrar Agreement

May Own Bonds. The To the extent permitted by law, the Bank, in its individual or any other capacity, may become the owner or pledgee of Bonds with the same rights it would have if it were not the CustodianPaying Agent and Registrar for the Bonds.

Appears in 1 contract

Sources: Paying Agent/Bond Registrar Agreement

May Own Bonds. The Bank, in its individual or any other capacity, may become the owner or pledgee of Bonds with the same rights it would have if it were not the CustodianPaying Agent and Bond Registrar for the Bonds.

Appears in 1 contract

Sources: Paying Agency, Registrar and Transfer Agency Agreement