Custodian Services. 7.1. The Manager will arrange for the Custodian to provide the Custodian Services in relation to the Investor’s Subscription and assets held in the Investor’s Portfolio and for the Custodian and the Nominee to provide the Nominee Services. The Custodian will act as custodian of the cash and other assets in the Portfolio and the Nominee will be the legal owner of applicable Shares and retain certain registers in respect of the same. The Custodian will operate and maintain an account in the name of the Policyholder for the proceeds of a successful claim under the Insurance Policy and the Policyholder is authorised to instruct the Custodian to receive, distribute or transfer any such proceeds in accordance with the Settlement.
Appears in 5 contracts
Samples: Investor Agreement, Investor Agreement, Investor Agreement
