Common use of Use of Book-Entry System Clause in Contracts

Use of Book-Entry System. Client hereby authorizes MetWest, in its sole discretion, to deposit in the Book-Entry System, and the applicable Depositories all Securities eligible for deposit therein and to utilize the Book-Entry System, and Depositories to the extent possible in connection with MetWest's receipt and delivery of Securities, Collateral, Investments and monies under this Agreement.

Appears in 3 contracts

Sources: Securities Lending Management Agreement (American Aadvantage Funds), Securities Lending Management Agreement (American Aadvantage Funds), Securities Lending Management Agreement (American Aadvantage Funds)

Use of Book-Entry System. Client hereby authorizes MetWest, in its sole discretion, to deposit in the Book-Book- Entry System, and the applicable Depositories all Securities eligible for deposit therein and to utilize the Book-Entry System, and Depositories to the extent possible in connection with MetWest's receipt and delivery of Securities, Collateral, Investments and monies under this Agreement.

Appears in 1 contract

Sources: Securities Lending, Agency and Collateral Management Agreement (American Aadvantage Funds)