Custody of Portfolio Assets. Advisor hereby agrees that (i) the Trust shall be responsible for making custodial arrangements for the Portfolio; and (ii) all assets in respect of which the Advisor shall provide services pursuant to this Agreement shall be the property of the Trust and all investments capable of registration will be registered in the name of the Trust or the Trust's Custodian; and (iii) all certificates and documents of title relating to any such assets (whether or not in registered form) will be held for safekeeping by the Trust's Custodian. The Trust hereby authorizes the Advisor to give such instructions to the Trust's Custodian for delivery of all documents relating to title, rights and privileges attaching to investments as is necessary in connection with any services provided by the Advisor under this Agreement.
Appears in 4 contracts
Samples: Advisory Agreement (Millennium Income Trust), Advisory Agreement (Millennium Income Trust), Advisory Agreement (Millennium Income Trust)
