Common use of Agency and Custodial Relationship Clause in Contracts

Agency and Custodial Relationship. (a) We will act as your agent in placing deposits for you through ICS. Under a separate agreement with you that grants us custodial powers (“Custodial Agreement”), we will also act as your custodian for the Deposit Accounts.

Appears in 4 contracts

Samples: Custody Agreement (New Mountain Guardian III BDC, L.L.C.), Ics Deposit Placement Agreement, Ics Deposit Placement Agreement

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Agency and Custodial Relationship. (a) We will act as your agent in placing deposits for you your funds through ICSthe ICS service. Under a separate agreement with you that grants us custodial powers (the “Custodial Agreement”), we will also act as your custodian for with respect to the Deposit Accounts.

Appears in 1 contract

Samples: Custodial Agreement

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