Use of Subcustodian. (a) The Bank will identify such Assets on its books as belonging to the Customer. (b) A Subcustodian will hold such Assets together with assets belonging to other customers of the Bank in accounts identified on such Subcustodian's books as special custody accounts for the exclusive benefit of customers of the Bank. (c) Any Assets in the Accounts held by a Subcustodian will be subject only to the instructions of the Bank or its agent.
Appears in 14 contracts
Sources: Global Custody Agreement (Price T Rowe High Yield Fund Inc), Global Custody Agreement (Price T Rowe Capital Opportunity Fund Inc), Global Custody Agreement (Price T Rowe Personal Strategy Funds Inc)
Use of Subcustodian. (a) The Bank will shall identify such the Assets on its books as belonging to the Customer.
(b) A Subcustodian will shall hold such Assets together with assets belonging to other customers of the Bank in accounts identified on such Subcustodian's books as special custody accounts for the exclusive benefit of customers of the Bank.
(c) Any Assets in the Accounts held by a Subcustodian will be subject only to the instructions of the Bank or its agent.
Appears in 1 contract
Sources: Global Custody Agreement