Care of Financial Assets. Securities Intermediary shall maintain possession or control of all Financial Assets credited to the Reserve Account by segregating such Financial Assets from its proprietary assets and keeping them free of any lien, charge or claim of any third party granted or created by Securities Intermediary. Securities Intermediary shall take such other steps to ensure that Financial Assets credited to the Reserve Account are identified as being held for customers of Securities Intermediary as may be required under applicable law or in accordance with custom and practice in the industry.
Care of Financial Assets. Financial Institution shall maintain possession or control of all Financial Assets credited to the Collateral Accounts by segregating such Financial Assets from its proprietary assets and keeping them free of any lien, charge or claim of any third party granted or created by Financial Institution. Financial Institution shall take such other steps to ensure that Financial Assets credited to the Collateral Accounts are identified as being held for customers of Financial Institution as may required under applicable law, including 17 CFR Part 450, or in accordance with custom and practice in the industry.
Care of Financial Assets. Securities Intermediary shall maintain possession or control of all Financial Assets and other property credited to the Collateral Accounts by segregating such Financial Assets and other property from its proprietary assets and keeping them free of any lien, charge or claim of any third party granted or created by Securities Intermediary except as may be necessary or required under customary market practice. Securities Intermediary shall take such other steps to ensure that Financial Assets credited to the Collateral Accounts are identified as being held for customers of Securities Intermediary as may required under applicable law or in accordance with custom and practice in the industry.
Care of Financial Assets. Securities Intermediary shall maintain possession or control of all Financial Assets credited to the Disbursement Account by segregating such Financial Assets from its proprietary assets and keeping them free of any lien, charge or claim of any third party granted or created by Securities Intermediary. Securities Intermediary shall take such other steps to ensure that Financial Assets credited to the Disbursement Account are identified as being held for customers of Securities Intermediary as may required under applicable law, including 17 CFR Part 450, or in accordance with custom and practice in the industry.
