Common use of CUSTODY AND DISPOSAL OF SECURITIES Clause in Contracts

CUSTODY AND DISPOSAL OF SECURITIES. 13.1 Custody of Securities Subject to applicable laws, rules and regulations, all Securities in your Account will be registered in the name of SoFi HK, its nominee or a nominee designated by HKSCC or deposited for safe custody at your own costs in a designated account with an authorized institution or other institution approved by the SFC. SoFi HK will credit all dividends, distributions and other benefits in respect of Securities not registered in your name which it receives into your Account. SoFi HK will notify you of any subscription rights received for your Account.

Appears in 3 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

AutoNDA by SimpleDocs

CUSTODY AND DISPOSAL OF SECURITIES. 13.1 Custody of Securities Subject to applicable laws, rules and regulations, all Securities in your Account will be registered in the name of SoFi HK, its nominee or a nominee designated by HKSCC or deposited for safe custody at your own costs in a designated account with an authorized institution or other institution approved by the SFC. SoFi HK will credit all dividends, distributions and other benefits benefits in respect of Securities not registered in your name which it receives into your Account. SoFi HK will notify you of any subscription rights received for your Account.

Appears in 3 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!