Custody and Settlement. A.1.1. Custody: The Client appoints MSI plc as custodian and MSI plc accepts such appointment pursuant to the terms of this Agreement. Where MSI plc holds the Client's Investments in custody in the Prime Brokerage Account it shall hold such investments as trustee. MSI plc's duties as trustee shall be subject to the terms of this Agreement. MSI plc is not acting as trustee in relation to any other service or activity relating to this Agreement.
Appears in 4 contracts
Samples: Master Netting Agreement, Master Netting Agreement, Master Netting Agreement
