Common use of Ownership Certificates Clause in Contracts

Ownership Certificates. Custodian shall execute in the name of Client such ownership and other certificates as may be required to obtain payment or exercise rights in respect of the Securities; provided, however, that Custodian shall not be authorized to exercise voting rights held in respect of the Securities other than as directed in writing by Client.

Appears in 5 contracts

Sources: Custody Agreement (Prudential Series Fund Inc), Custody Agreement (Prudential Variable Contract Account 10), Custody Agreement (Prudential Variable Contract Account 11)