Common use of CONTRACTUAL SETTLEMENTS Clause in Contracts

CONTRACTUAL SETTLEMENTS. Subject to the provisions of Section 9, Custodian shall settle all purchases and sales of Securities hereunder (i) in accordance with Customer's Authorized Instructions, and (ii) on an "actual settlement" or "good on delivery" basis.

Appears in 3 contracts

Samples: Custody Agreement (Prudential Series Fund Inc), Custody Agreement (Prudential Variable Contract Account 10), Custody Agreement (Prudential Variable Contract Account 24)

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CONTRACTUAL SETTLEMENTS. Subject to the provisions of Section 9, ' Custodian shall settle all purchases and sales of Securities hereunder (i) in accordance with Customer's Authorized Instructions, and (ii) on an "actual settlement" or "good on delivery" basis.

Appears in 2 contracts

Samples: Custody Agreement (Prudential Variable Contract Account 2), Custody Agreement (Prudential Variable Contract Account 11)

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