Designation of Custodian. The role of Custodian with respect to the Required Loan Documents shall be conducted by the Person designated as Custodian hereunder from time to time in accordance with this Section 14.1. U.S. Bank National Association is hereby appointed as, and hereby accepts such appointment and agrees to perform the duties and obligations of, Custodian pursuant to the terms hereof.
Designation of Custodian. The role of Custodian with respect to the Underlying Instruments relating to the Portfolio Investments shall be conducted by the Person designated as Custodian hereunder until the resignation or removal of Custodian pursuant to the terms of the Custodian Agreement.
Designation of Custodian. Each Shareholder hereby designates Granaria Industries to act as custodian of such Shareholder's shares of Restricted Stock and to take physical possession of shares of Restricted Stock at the time of the transfer of such shares to a Participant.
Designation of Custodian. The Bank hereby designates the Bond Trustee as the Bank's custodian and agent for the purpose of holding the Pledged Bonds on behalf of the Bank and with such authority for taking actions with respect to the Pledged Bonds as set forth herein and as may be directed by, and on behalf of, the Bank. The parties hereto acknowledge that the Bank may designate any successor Bond Trustee under the Bond Indenture, or any substitute Person that the Bank may elect to designate, as the Bank's custodian and agent for the purpose of holding the Pledged Bonds on behalf of the Bank and with such authority for taking actions with respect to the Pledged Bonds as set forth herein and as may be directed by, and on behalf of, the Bank.
Designation of Custodian. The Client directs Forum to utilize one of the approved custodians to custody the Client's accounts and to execute securities transactions placed for the Accounts, including but not limited to: Xxxxxxx Xxxxxx & Co., TD Ameritrade and Fidelity Investments.
Designation of Custodian. The Custodian shall segregate and hold the Securities Collateral in the Securities Collateral Account as securities intermediary, for the purpose of perfecting the Secured Party’s security interest in the Securities Collateral, and shall dispose of the Securities Collateral only in accordance with the terms and conditions of this Agreement; provided, however, that, except for the performance of its duties hereunder, the Custodian shall have no responsibility or liability, other than as provided in the last sentence of Section 2.4 of this Agreement, with respect to the validity, perfection or enforceability of the security interest.
Designation of Custodian. Fidelity Investments, Inc., and/or Ameritrade, Inc., are used as custodian ("Custodian") for all assets held in the Account: Custodian will maintain custody of all Account assets and such custodial functions, among other things, will include crediting of interest and dividends on Account assets and crediting of principal on called or matured securities in the Account, together with other custodial functions customarily performed with respect to securities brokerage accounts. Custodian may also act as clearing broker for transactions in the Account. Any charges payable by Client to Custodian will be separately disclosed in an account agreement between Client and Custodian.
Designation of Custodian. The City and Bank hereby designate (the "Custodian") to hold in trust, according to the terms and conditions of the City Request for Proposal, dated (the "RFP") and pursuant to a separate Safekeeping Agreement, attached as Exhibit A, all securities pledged as depository collateral in accordance with the City's Investment Policy. Any and all fees from the Custodian associated with the safekeeping of securities pledged to the benefit of the City shall be borne by the Bank.
Designation of Custodian. BANK and CITY, by execution of the Pledge Agreement, have designated (“CUSTODIAN”) to hold the any necessary collateral in custody as set forth in the Pledge Agreement.
Designation of Custodian. Client will designate a broker, bank, or trust company or other person to act as trustee or custodian (the “Custodian”) of the securities and cash constituting the assets of the Account. Client agrees to notify the Adviser, in writing, of any material changes with respect to the Custodian and to provide the Adviser with reasonable prior notice of any intention to appoint a successor custodian. The Adviser will at no time have title, custody or physical control of the cash and assets in the Account, and under no circumstances shall the Adviser be held responsible for or assume any liability with respect to Client’s custody arrangements or the acts, omissions or conduct of any custodian. Client will instruct the Custodian to provide the Adviser with copies of any periodic account statements with respect to the Account no less frequently than quarterly, as well as such other periodic reports concerning the status of the Account as the Adviser may reasonably request. Account statements shall include the amounts of each security and all funds in the Account at the end of the applicable period and all transactions in the Account during that period. The Account shall consist of such cash, securities, assets and other investments Client shall, from time to time, place under the supervision and management of the Adviser or which shall become part of the Account as a result of transactions therein or otherwise. Additional securities or cash may be transferred to the Custodian by Client as part of the Account at any time. Subject to any outstanding obligations with regard to transactions for the Account, securities or cash may be withdrawn from the account by Client at any time. Client agrees to advise Adviser contemporaneously of all such deposits with the Custodian, endeavors to provide five (5) business days notices of all such orders of withdrawal and to instruct the Custodian to confirm all such transactions. Except as otherwise instructed by Client, dividends, interest or other income earned by the Account will be retained in the Account for management by the Adviser. If the Adviser inadvertently receives funds or securities from Client, it will immediately return the funds/securities to Client and instruct Client to forward the funds/securities directly to the Custodian.
