Sealed Envelopes Clause Samples
Sealed Envelopes. From time to time, at the Customer’s request, ▇.▇. ▇▇▇▇▇▇ may agree to hold certain Sealed Envelopes in custody for the Customer. Notwithstanding anything in this Agreement to the contrary, ▇.▇. ▇▇▇▇▇▇’▇ sole responsibility with regards to Sealed Envelopes will be to hold them in ▇.▇. ▇▇▇▇▇▇’▇ or in a Subcustodian’s possession. ▇.▇. ▇▇▇▇▇▇ shall not be responsible for verifying the content of any Sealed Envelope purported to contain assets or assessing the value, validity or transferability of any such assets (including the existence or value of any investments contained in any Sealed Envelope). With respect to Sealed Envelopes, neither ▇.▇. ▇▇▇▇▇▇ nor its Subcustodians will be obligated to perform any service or action described in this Agreement, including, but not limited to, asset servicing, tax services, corporate actions, income or dividend collection, settlement services or class action litigation.
Sealed Envelopes. From time to time, at the Customer’s request, J.▇. ▇▇▇▇▇▇ may agree to hold certain Sealed Envelopes in custody for the Customer. Notwithstanding anything in this Agreement to the contrary, J.▇. ▇▇▇▇▇▇’▇ sole responsibility with regards to Sealed Envelopes will be to hold them in J.▇. ▇▇▇▇▇▇’▇ or in a Subcustodian’s possession. J.▇. ▇▇▇▇▇▇ shall not be responsible for verifying the content of any Sealed Envelope purported to contain assets or assessing the value, validity or transferability of any such assets (including the existence or value of any investments contained in any Sealed Envelope). With respect to Sealed Envelopes, neither J.▇. ▇▇▇▇▇▇ nor its Subcustodians will be obligated to perform any service or action described in this Agreement, including, but not limited to, asset servicing, tax services, corporate actions, income or dividend collection, settlement services or class action litigation.
Sealed Envelopes. Employee’s payroll information will be issued in sealed envelopes.
Sealed Envelopes. From time to time, at City’s request, Bank may agree to hold certain Sealed Envelopes in custody for City. Notwithstanding anything in this Agreement to the contrary, Bank’s sole responsibility with regards to Sealed Envelopes will be to hold them in Bank’s or in a subcustodian’s possession. Bank shall not be responsible for verifying the content of any Sealed Envelope purported to contain assets or assessing the value, validity or transferability of any such assets (including the existence or value of any investments contained in any Sealed Envelope). With respect to Sealed Envelopes, neither Bank nor its subcustodians will be obligated to perform any service or action described in this Agreement, including, but not limited to, asset servicing, tax services, corporate actions, income or dividend collection, settlement services or class action litigation.