Common use of Care of Financial Assets Clause in Contracts

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. Securities Intermediary shall maintain possession or control of all Financial Assets credited to the Reserve Account 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 Securities Intermediary. Securities Intermediary shall take such other steps to ensure that Financial Assets credited to the Reserve Account Collateral Accounts 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. Securities Intermediary shall maintain possession or control of all Financial Assets credited to the Reserve Account 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 Securities Intermediary. Securities Intermediary shall take such other steps to ensure that Financial Assets credited to the Reserve Account Collateral Accounts are identified as being held for customers of Securities Intermediary as may be required under applicable law 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 credited to the Reserve Collateral 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 Collateral Account are identified as being held for customers of Securities Intermediary as may be required under applicable law 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 credited to the Reserve Collateral 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 Collateral Account are identified as being held for customers of Securities Intermediary as may be required under applicable law law, including 17 CFR Part 450, or in accordance with custom and practice in the industry.