Capacity of Custodian. The Custodian is not acting under this Agreement as an investment manager, nor as an investment, legal or tax adviser to the Client, and the Custodian’s duty is solely to act as a Custodian in accordance with the terms of this Agreement.
Capacity of Custodian. The Client acknowledges that the Custodian is not acting under this Agreement as an investment manager, broker, or investment, legal or tax adviser to the Client. The Custodian’s duty is solely to act as a custodian in accordance with the terms of this Agreement, and the Custodian will take no view on the efficacy or soundness of any investment decision made by the Client.
Capacity of Custodian. The Custodian is not acting under this Agreement as an investment manager, nor as an investment, legal or tax adviser to the Client or the Fund, and the Custodian's duty is solely to act as a Custodian in accordance with the terms of this Agreement.
Capacity of Custodian. For the avoidance of doubt, the Custodian is not acting as an investment manager or as a broker or dealer (as respectively defined in the Securities Exchange Act of 1934, as amended), nor is it acting as an investment, financial, legal or tax adviser to the Client. This Agreement is an arm’s length, commercial transaction between the Client and the Custodian. The Custodian is not recommending that the Client take any investment or other action with respect to the Assets held in the Custody Account under this Agreement.
Capacity of Custodian. Citi is not acting under this Agreement as an investment manager, nor as an investment, legal or tax adviser to the Trust, and Citi’s duty is solely to act as a custodian or agency services provider in accordance with the terms of this Agreement. For the avoidance of doubt, the parties hereby agree that Citi is not an agent of or a trustee for any customer of the Trust, and in no circumstances will any customer of the Trust have any direct rights against Citi with regard to this Agreement and consequently any matter in respect of a customer of the Trust will be dealt with only between the Trust and Citi.
Capacity of Custodian. The Client acknowledges that the Custodian is not acting under this Agreement as an investment manager, broker, or investment, legal or tax adviser to the Client. The Custodian's duty is solely to act as a custodian in accordance with the terms of this Agreement, and the Custodian will take no view on the efficacy or soundness of any investment decision made by the Client. ____________________________________________________________________________________________________________ GCSA 0000 00.00.00 NY - (Neg ALTMFX TRUST formerly know as ALTX Trust, JANUARY 6, 2015)
Capacity of Custodian. 2 Section 2.1. Custodian as Custodian and Bailee of Indenture Trustee..... 2
Capacity of Custodian. Section 2.1. Custodian as Custodian and Agent of Indenture Trustee..
Capacity of Custodian. Section 2.1. Custodian as Custodian and Bailee of Indenture Trustee. Indenture Trustee hereby appoints Custodian, in its independent corporate capacity, as the custodian and bailee of Indenture Trustee for the benefit of the Noteholders and their successors and assigns, and Custodian hereby accepts and agrees to act as custodian and bailee for Indenture Trustee and any successor to or assignee of Indenture Trustee on behalf of the Purchaser in accordance with the terms and conditions of this Agreement. With respect to each Contract File delivered to Custodian, Custodian is solely and exclusively the custodian and bailee for Indenture Trustee for all purposes (including, but not limited to, holding the Contract Files for the Indenture Trustee for purposes of perfection of the Indenture Trustee's security interest therein. Custodian shall hold in its possession at 1 Olx Xxxxx Xxxx Xxxx, Xxxxxxxx, XX 00000 xx at any other facility specified in writing to Indenture Trustee, located in the Commonwealth of Massachusetts from which it provides custodial services, all Contract Files received by Custodian from Issuers from time to time for the sole and exclusive use and benefit of Indenture Trustee and, except as otherwise provided herein, shall make disposition thereof only in accordance with the written instructions of Indenture Trustee. Custodian shall segregate and maintain continuous custody of all documents constituting Contract Files received by it in secure facilities, equipped with fire detection and fire suppression features, all in accordance with customary standards for such custody.
Capacity of Custodian. The Custodian is not acting under this Agreement as an investment manager, nor as an investment, legal or tax adviser to the Client, and the Custodian's duty is solely to act as a Custodian in accordance with the terms of this Agreement. 1940 ACT GCSA2013 NY- V.06.14.2011- (Neg CONTEXT CAPITAL FUNDS,JANUARY 15, 2014)
