Disclosure Relating to Certain Federal Protections. The parties acknowledge that they have been advised that: (a) In the case of transactions in which one of the parties is a broker or dealer registered with the SEC under Section 15 of the Exchange Act, the Securities Investor Protection Corporation has taken the position that the provisions of the Securities Investor Protection Act of 1970 (the "SIPA") do not protect the other party with respect to any transaction hereunder; and (b) In the case of transactions in which one of the parties is a government securities broker or a government securities dealer registered with the SEC under Section 15C of the Exchange Act, SIPA will not provide protection to the other party with respect to any transaction hereunder.
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Samples: Repo Custodian Agreement (Fidelity Beacon Street Trust), Repo Custodian Agreement (Variable Insurance Products Fund Iv), Repo Custodian Agreement (Variable Insurance Products Iii)
Disclosure Relating to Certain Federal Protections. The parties acknowledge that they have been advised that:
(a) In the case of transactions in which one of the parties is a broker or dealer registered with the SEC under Section 15 of the Exchange Act, the Securities Investor Protection Corporation has taken the position that the provisions of the Securities Investor Protection Act of 1970 (the "SIPA") do not protect the other party with respect to any transaction hereunder; and
(b) In the case of transactions in which one of the parties is a government securities broker or a government securities dealer registered with the SEC under Section 15C of the Exchange Act, SIPA will not provide protection to the other party with respect to any transaction hereunder.. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
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Samples: Repo Custodian Agreement (Fidelity Select Portfolios), Repo Custodian Agreement (Fidelity Aberdeen Street Trust)
Disclosure Relating to Certain Federal Protections. The parties acknowledge that they have been advised that:
(a) In a. in the case of transactions Transactions in which one of the parties is a broker or dealer registered with the SEC Securities and Exchange Commission (“SEC”) under Section 15 of the Securities Exchange Act of 1934 (“1934 Act”), the Securities Investor Protection Corporation has taken the position that the provisions of the Securities Investor Protection Act of 1970 (the "“SIPA"”) do not protect the other party with respect to any transaction Transaction hereunder; and;
(b) In b. in the case of transactions Transactions in which one of the parties is a government securities broker or a government securities dealer registered with the SEC under Section 15C of the Exchange 1934 Act, SIPA will not provide protection to the other party with respect to any transaction Transaction hereunder.; and
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Disclosure Relating to Certain Federal Protections. The parties acknowledge that they have been advised that:
(a) In in the case of transactions Transactions in which one of the parties is a broker or dealer registered with the SEC Securities and Exchange Commission (“SEC”) under Section 15 of the Securities Exchange Act of 1934 (“1934 Act”), the Securities Investor Protection Corporation has taken the position that the provisions of the Securities Investor Protection Act of 1970 (the "SIPA") " do not protect the other party with respect to any transaction Transaction hereunder; and
(b) In : b in the case of transactions Transactions in which one of the parties is a government securities broker or a government securities dealer registered with the SEC under Section 15C of the Exchange Act, 1934 Act SIPA will not provide protection to the other party with respect to any transaction Transaction. hereunder.; and
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Disclosure Relating to Certain Federal Protections. The parties acknowledge and agree that they have been advised that:
that (a) In in the case of transactions in which event one of the parties to this Agreement is a broker or dealer registered with the SEC Securities and Exchange Commission (“SEC”) under Section 15 of the Securities Exchange Act of 1934 (“1934 Act”), the Securities Investor Protection Corporation has taken the position that the provisions of the Securities Investor Protection Act of 1970 (the "“SIPA"”) do not protect the other party with respect to any transaction hereunder; and
entered into under this Agreement, and (b) In in the case of transactions in which event one of the parties to this Agreement is a government securities broker or a government securities dealer registered with the SEC under Section 15C of the Exchange 1934 Act, SIPA will not provide protection to the other party with respect to any transaction hereunderentered into under this Agreement.
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