Assets Held Elsewhere Sample Clauses
The 'Assets Held Elsewhere' clause defines how assets that are not physically or legally held by the primary party to the agreement are treated. It typically specifies the rights, responsibilities, and reporting requirements related to assets that may be stored, managed, or controlled by third parties or in different jurisdictions. For example, this clause might address how securities held in a foreign depository or funds managed by a sub-custodian are accounted for and accessed. Its core function is to clarify the treatment and oversight of such externally held assets, reducing ambiguity and ensuring all parties understand their rights and obligations regarding these assets.
Assets Held Elsewhere. Upon my request, EJTC may, in its discretion, permit information concerning real or personal property not held in custody by EJTC to be reflected on certain reports of my account. I acknowledge the information provided by EJTC for any such property is based solely upon information provided by me or third parties, and EJTC is not responsible for its completeness or accuracy. The reflection of such property on my statement in no way represents an affirmation by EJTC that I in fact own such property or that EJTC has any management duties under this agreement regarding such property.
Assets Held Elsewhere. ▇▇▇▇▇▇ ▇▇▇▇▇ may also, as I may request, permit information or financial instruments not held in custody by ▇▇▇▇▇▇ ▇▇▇▇▇ to be reflected on certain reports of or related to my account. I acknowledge the information provided by ▇▇▇▇▇▇ ▇▇▇▇▇ for such securities or financial instruments is based solely upon information provided by me or third parties, and ▇▇▇▇▇▇ ▇▇▇▇▇ is not responsible for its completeness or accuracy. The reflection of such securities or financial instruments on such reports in no way represents an a‰rmation by ▇▇▇▇▇▇ ▇▇▇▇▇ that I in fact own such securities or financial instruments.
Assets Held Elsewhere. EJTC may also, as I may request, permit information concerning securities or financial instruments not held with EJTC to be reflected on certain reports of my assets. I acknowledge that information provided by EJTC for such securities or financial instruments is based solely upon information provided by me or third parties, and EJTC is not responsible for its completeness or accuracy. The reflection of such securities or financial instruments on any reports in no way represents an affirmation by EJTC that I in fact own such securities or financial instruments.