CUSTODY AND REGISTRATION Sample Clauses
The Custody and Registration clause defines how assets, such as securities or funds, will be held and recorded on behalf of a party. Typically, it specifies that a custodian or nominee will be responsible for safeguarding the assets and ensuring they are properly registered in the correct name or account. This clause ensures that ownership rights are protected and that assets are managed securely, reducing the risk of loss, misappropriation, or administrative errors.
CUSTODY AND REGISTRATION. Custodian may (i) maintain possession of all or any portion of the Securities, including possession in a foreign branch or other office of Custodian; or (ii) retain, in accordance with this Paragraph 5 and Paragraph 6 of this Agreement, one or more Sub-Custodians to hold all or any portion of the Securities. Custodian and any Sub-Custodian may, in accordance with this Paragraph 5 and Paragraph 6 of this Agreement, deposit definitive or book-entry Securities with one or more Depositories.
CUSTODY AND REGISTRATION. Subject to the terms of this Agreement, Custodian shall be responsible for the safekeeping and custody of the Securities. Custodian may (i) maintain possession of all or any portion of the Securities, including possession in a foreign branch or other office of Custodian; or (ii) retain, in accordance with this Paragraph 5 and Paragraph 6 of this Agreement, one or more Sub-Custodians to hold all or any portion of the Securities. Custodian and any Sub-Custodian may, in accordance with this Paragraph 5 and Paragraph 6 of this Agreement, deposit definitive or book-entry Securities with one or more Depositories.
CUSTODY AND REGISTRATION. 4.1 Within the term of pledge hereunder, the New Pledgors shall deliver the contribution certificates associated with their Equity Interest in Taomee (originals) to the Pledgee for custody. Within seven (7) business days after the execution date hereof, the above contribution certificates (originals) shall be delivered to the Pledgee together with the evidence proving that the pledge hereunder has been duly recorded in the register of shareholders.
4.2 Except with the Pledgee’s written consent, throughout the term of this Agreement, all the proceeds obtained by the New Pledgors in connection with the Equity Interest(if any, including, but not limited to, any dividends and profits) shall also serve as a guaranty for the Taomee’s obligations hereunder.
CUSTODY AND REGISTRATION. Custodian will be as careful in the safekeeping of the Assets as it would be with its own property. All Assets which are required to be registered shall be registered in Custodian’s name or the name of Custodian’s nominee or nominees and Custodian is authorized to execute in any name such documents as may be required to effect such registration. Custodian may deposit any securities of the United States with a Federal Reserve Bank and may deposit any eligible securities with the DTC to be registered in the name of its nominee, in compliance with the conditions of Rule 17f-4 under the Investment Company Act of 1940, as amended (the “1940 Act”). Custodian is obligated to exercise due care in accordance with reasonable commercial standards in discharging its duties as a securities intermediary to obtain and thereafter maintain Client’s assets. Custodian may make other safekeeping arrangements as are from time to time allowed by law. Custodian may use the services of correspondent banks for holding or transferring securities.
CUSTODY AND REGISTRATION