Possession and Control. The parties acknowledge that the Account is an omnibus account in ▇▇▇▇▇▇’▇ name with shares held by any number of beneficial owners. The parties agree that all Fund shares held by Schwab on behalf an MFMP investor shall be carried in a custody account for the exclusive benefit of customers and shall not be subject to any right, charge, security interest, lien or other claim against Schwab in favor of the Funds or Fund Company.
Appears in 3 contracts
Sources: Operating Agreement (Pacific Global Fund Inc), Operating Agreement (GMO Series Trust), Operating Agreement (First Focus Funds Inc)
Possession and Control. The parties acknowledge that the each Account is an omnibus account in Schwab's name for the benef▇▇ ▇▇ ▇▇▇▇’▇ name with shares held by any number MFMP investor or MFMP investors who are the beneficial owners of beneficial ownersa Fund's shares. The parties agree Fund Company agrees that all Fund shares held by Schwab on behalf an of MFMP investor investors shall be carried in a custody account for the exclusive benefit of customers and shall not be subject to any right, charge, security interest, lien lien, or other claim against Schwab in favor of the Funds Fund or Fund Company.
Appears in 1 contract
Sources: Load Fund Operating Agreement (Alliancebernstein Large Cap Growth Fund Inc)
Possession and Control. The parties acknowledge that the Account is an omnibus account in S▇▇▇▇▇▇’'▇ name with shares held by any number of beneficial owners. The parties agree that all Fund shares held by Schwab on behalf an MFMP investor shall be carried in a custody account for the exclusive benefit of customers and shall not be subject to any right, charge, security interest, lien or other claim against Schwab in favor of the Funds or Fund Company.
Appears in 1 contract
Sources: Operating Agreement (Westcore Trust)
Possession and Control. The parties acknowledge that the each Account is an omnibus account in ▇▇▇▇▇▇’▇ name with shares held by any number for the benefit of an MFMP investor or MFMP investors who are the beneficial ownersowners of a Fund’s shares. The parties agree Fund Parties agrees that all Fund shares held by Schwab on behalf an of MFMP investor investors shall be carried in a custody account for the exclusive benefit of customers and shall not be subject to any right, charge, security interest, lien lien, or other claim against Schwab in favor of the Funds Fund or Fund Company.
Appears in 1 contract
Sources: Load Fund Operating Agreement (Seligman Core Fixed Income Fund, Inc)