Common use of Administrator for the Custodian Clause in Contracts

Administrator for the Custodian. The Administrator shall perform duties on behalf of the Custodian which include, but are not limited to, executing applications, transfers,, stock powers, escrow documents, purchase agreements, notes, deeds, reconveyances, liens, placing assets or liabilities in Administrator’s name for the benefit of the Depositor to provide administrative feasibility or such transactions, depositing Contributions, and income, paying liabilities and distributions, and government reporting for Account Beneficiaries who have established a Custodial Account.

Administrator for the Custodian. The Administrator shall perform duties on behalf of the Custodian which include, but are not limited to, executing applications, transfers,, stock powers, escrow documents, purchase agreements, notes, deeds, reconveyances, liens, placing assets or liabilities in Administrator’s name for the benefit of the Depositor to provide administrative feasibility or such transactions, depositing Contributions, and income, paying liabilities and distributions, and government reporting for Account Beneficiaries Depositors who have established a Custodial Account.

Administrator for the Custodian. The Administrator shall may perform duties on behalf of the Custodian, as agreed from time to time between the Custodian and the Administrator, which may include, but are not limited to, executing applications, transfers,, stock powers, escrow documents, purchase agreements, notes, deeds, reconveyances, liens, placing assets or liabilities in Administrator’s name for the benefit of the Depositor to provide administrative feasibility or such transactions, depositing Contributions, and income, paying liabilities and distributions, and government reporting for Account Beneficiaries who have established a Custodial Accountreporting.