Common use of Client Agreements Clause in Contracts

Client Agreements. 4.1 The Client has consented to the establishment of a trust by the Dealer for the purpose of the outright transfer by the Dealer of the Underlying Securities to the Trustee to hold for the benefit of the Client. The Client consents to the custody and control of the Underlying Securities and any transfer of those securities to be done by the Trustee on the Client’s behalf.