Exclusion from insolvency estate of the Custodian Sample Clauses

Exclusion from insolvency estate of the Custodian. The Parties hereby agree that in case of an Insolvency Event (as defined in Article 8.1. below) involving the Custodian, this Agreement, the Custody Accounts and the Custodial Allowances do not form part of the insolvency estate of the Custodian and are shielded and exempt from such Insolvency Event. To this effect, Parties want to ensure at all times that the Custody Accounts and the Custodial Allowances are exclusively held by the Custodian for the sole benefit of the respective Custodian Lenders.
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