Common use of Segregation of Assets; Nominee Name Clause in Contracts

Segregation of Assets; Nominee Name. (a) ▇.▇. ▇▇▇▇▇▇ will identify in its books that Financial Assets credited to the Customer’s Securities Account belong to the Customer (except as otherwise may be agreed by ▇.▇. ▇▇▇▇▇▇ and the Customer). (b) ▇.▇. ▇▇▇▇▇▇ is authorized, in its discretion: (i) to hold in bearer form, such Financial Assets as are customarily held in bearer form or are delivered to ▇.▇. ▇▇▇▇▇▇ in bearer form; (ii) to hold Financial Assets in or deposit Financial Assets with any Securities Depository; (iii) to hold Financial Assets in omnibus accounts on a fungible basis and to accept delivery of Financial Assets of the same class and denomination as those deposited with ▇.▇. ▇▇▇▇▇▇; (iv) to register in the name of the Customer, ▇.▇. ▇▇▇▇▇▇, a Securities Depository or their respective nominees, such Financial Assets as are customarily held in registered form; and (v) to decline to accept any asset or property which it deems to be unsuitable or inconsistent with its custodial operations.

Segregation of Assets; Nominee Name. (a) ▇.▇. ▇▇▇▇▇▇ will identify in its books that Financial Assets credited to the Customer’s Securities Account belong to the Customer (except as otherwise may be agreed by ▇.▇. ▇▇▇▇▇▇ and the Customer). (b) ▇.▇. ▇▇▇▇▇▇ is authorized, in its discretion: (i) to hold in bearer form, such Financial Assets as are customarily held in bearer form or are delivered to ▇.▇. ▇▇▇▇▇▇ in bearer form; ; (ii) to hold Financial Assets in or deposit Financial Assets with any Securities Depository; (iii) Depository or settlement system; to hold Financial Assets in omnibus accounts on a fungible basis and to accept delivery of Financial Assets of the same class and denomination as those deposited with ▇.▇. ▇▇▇▇▇▇; (iv) ; and to register in the name of the Customer, ▇.▇. ▇▇▇▇▇▇, a Securities Depository Depository, or their respective nominees, such Financial Assets as are customarily held in registered form; and (v) to decline to accept any asset or property which it deems to be unsuitable or inconsistent with its custodial operations.

Segregation of Assets; Nominee Name. (a) ▇.▇. ▇▇▇▇▇▇ will identify in its books that Financial Assets credited to the Customer’s Securities Account belong to the Customer (except as otherwise may be agreed by ▇.▇. ▇▇▇▇▇▇ and the Customer). (b) ▇.▇. ▇▇▇▇▇▇ is authorized, in its discretion: (i) to hold in bearer form, such Financial Assets as are customarily held in bearer form or are delivered to ▇.▇. ▇▇▇▇▇▇ in bearer form; (ii) to hold Financial Assets Securities in or deposit Financial Assets Securities with any Securities Depository, provided that Rule 17f-4 under the Investment Company Act of 1940, as amended, is complied with; (iii) to hold Financial Assets Securities in omnibus accounts on a fungible basis and to accept delivery of Financial Assets Securities of the same class and denomination as those deposited with ▇.▇. ▇▇▇▇▇▇;; and (iv) to register in the name of the Customer, ▇.▇. ▇▇▇▇▇▇, a Securities Depository Depository, or their respective nominees, such Financial Assets as are customarily held in registered form; and (v) to decline to accept any asset or property which it deems to be unsuitable or inconsistent with its custodial operations.