Common use of Custody of Securities Clause in Contracts

Custody of Securities. The custody of securities which form part of a collective deposit within the meaning of the Securities Giro Administration and Transfer Act ('Wet Giraal Effectenverkeer') held by the Bank shall be subject to the provisions of this Act and to the provision set forth in the next sentence. To the extent these securities are susceptible of drawings by lot, the Bank shall see to it that each time a drawing takes place, there shall be allotted to each Customer individually an amount of securities - designated for redemption - corresponding to his entitlement. The custody of all other securities is assumed by N.V. Effectenbewaarbedrijf van de Hollandsche Bank-Unie or by Hollandsche Bank-Unie Global Custody N.V. to the extent that they accept such custody under their own conditions. Such custody shall be subject to the "Rules for the Custody of Securities" and the "Rules for the Custody of Bearer Securities or Securities other than Bearer Securities which are located abroad", respectively.

Custody of Securities. The custody of securities which form part of a collective deposit within the meaning of the Securities Giro Administration and Transfer Act ('’Wet Giraal Effectenverkeer'giraal effectenverkeer’) held by the Bank shall be subject to the provisions of this Act and to the provision set forth in the next sentence. To the extent these securities are susceptible of drawings by lot, the Bank shall see to it that each time a drawing takes place, there shall be allotted to each Customer individually an amount of securities - designated for redemption - corresponding to his entitlement. The custody of all other securities is assumed by ABN AMRO Effectenbewaarbedrijf N.V. Effectenbewaarbedrijf van de Hollandsche Bank-Unie or by Hollandsche Bank-Unie ABN AMRO Global Custody N.V. to the extent that they accept such custody under their own conditions. Such custody shall be subject to the "Rules for the Custody of Securities" and the "Rules for the Custody of Bearer Securities or Securities other than Bearer Securities which are located abroad", respectively.

Custody of Securities. The custody of securities which form part of a collective deposit within the meaning of the Securities Giro Administration and Transfer Act ('‘Wet Giraal Effectenverkeer'’) held by the Bank shall be subject to the provisions of this Act and to the provision set forth in the next sentence. To the extent these securities are susceptible of drawings by lot, the Bank shall see to it that each time a drawing takes place, there shall be allotted to each Customer individually an amount of securities - — designated for redemption - — corresponding to his entitlement. The custody of all other securities is assumed by N.V. Effectenbewaarbedrijf van de Hollandsche Bank-Unie or by Hollandsche Bank-Unie Global Custody N.V. to the extent that they accept such custody under their own conditions. Such custody shall be subject to the "“Rules for the Custody of Securities" ” and the "“Rules for the Custody of Bearer Securities or Securities other than Bearer Securities which are located abroad"”, respectively.