Common use of Use of the Account Clause in Contracts

Use of the Account. The Account shall be used exclusively to hold, acquire, transfer or otherwise care for, on behalf of Custodian as custodian and the customers of Custodian and not for Custodian's own interest, Securities and such Cash or cash equivalents as are transferred to Subcustodian or as are received in payment of any transfer of, or as payment on, or interest on, or dividend from, any such Securities (herein collectively called "Cash").

Appears in 11 contracts

Sources: Custodian Contract (Kaufmann Fund Inc), Custodian Contract (Artisan Funds Inc), Custodian Agreement (Usaa Life Investment Trust)

Use of the Account. The Account shall be used exclusively to hold, acquire, transfer or otherwise care for, on behalf of Custodian as custodian and the customers of Custodian and not for Custodian's own interest, Securities Securities, and such Cash or cash equivalents as are transferred to Subcustodian or as are received in payment of any transfer of, or as payment on, or interest on, or dividend from, any such Securities (herein collectively called "Cash").

Appears in 2 contracts

Sources: Custodian Contract (Connecticut Mutual Investment Accounts Inc), Custodian Contract (Northstar Advantage Trust)

Use of the Account. The Account shall be used exclusively to hold, acquire, transfer or otherwise care for, on behalf of Custodian as custodian and the customers of Custodian and not for Custodian's own interest, Securities and such Cash or cash equivalents as are transferred to Subcustodian or as are received in payment of any transfer of, or as payment on, or interest on, . or dividend from, any such Securities (herein collectively called "Cash").

Appears in 1 contract

Sources: Custodian Contract (Corporate High Yield Fund Iii Inc)

Use of the Account. The Account shall be used exclusively to hold, acquire, transfer or otherwise care for, on behalf of Custodian as custodian and the customers of Custodian and not for Custodian's ’s own interest, Securities and such Cash or cash equivalents as are transferred to Subcustodian or as are received in payment of any transfer of, or as payment on, or interest on, or dividend from, any such Securities (herein collectively called "Cash").

Appears in 1 contract

Sources: Custodian Contract (RS Variable Products Trust)

Use of the Account. The Account shall be used exclusively to hold, acquire, transfer or otherwise care for, on behalf of Custodian as custodian and the customers of Custodian and not for Custodian's own interest, Securities and such Cash or cash equivalents as are transferred to Subcustodian or as are received in payment of any transfer of, or as payment on, or interest on, or dividend from, any such Securities (herein collectively called "Cash")) .

Appears in 1 contract

Sources: Custodian Contract (Emerging Markets Portfolio)

Use of the Account. The Account shall be used exclusively to hold, acquire, transfer or otherwise care for, on behalf of Custodian as custodian and the customers of Custodian and not for Custodiancustodian's own interest, Securities Securities, and such Cash or cash equivalents as are transferred to Subcustodian subcustodian or as are received in payment of any transfer of, or as payment on, or interest on, or dividend from, any such Securities (herein collectively called "Cash").

Appears in 1 contract

Sources: Custodian Contract (Afd Exchange Reserves)