Common use of Good and Valid Title Clause in Contracts

Good and Valid Title. 14 (iii) Due Execution of Custody Agreement and Power of Attorney..................... 14 (iv) Absence of Manipulation...................................................... 15 (v) Absence of Further Requirements.............................................. 15 (vi) Certificates Suitable for Transfer; Instruments of Transfer.................. 15 (vii) No Association with NASD..................................................... 15

Good and Valid Title. 14 15 (iiiiv) Due Execution of Custody Agreement and Power of Attorney..................... 14 (iv) Absence of Manipulation...................................................... 15 Attorney and Custody Agreement...................... 16 (v) Absence of Manipulation....................................................... 16 (vi) Absence of Further Requirements.............................................. 15 ............................................... 16 (vivii) Restriction on Sale of Securities............................................. 17 (viii) Certificates Suitable for Transfer; Instruments of Transfer.................. 15 ............................................ 17 (viiix) No Association with NASD..................................................... 15...................................................... 18 (c) Officer's Certificates................................................................. 18

Good and Valid Title. 14 (iii) Due Execution of Custody Agreement and [CARAT] Power of Attorney..................... ............................... 14 (iv) Absence of Manipulation...................................................... ......................... 15 (v) Absence of Further Requirements.............................................. ................. 15 (vi) Certificates Suitable for Transfer; Instruments of Transfer.................. Transfer [CARAT]................. 15 (vii) No Association with NASD..................................................... ........................ 15

Good and Valid Title. 14 11 (iiiiv) Due Execution of Custody Agreement and Power of Attorney..................... 14 (iv) Absence of Manipulation...................................................... 15 Attorney and Custody Agreement.............................................................................11 (v) Absence of Manipulation..............................................11 (vi) Absence of Further Requirements.............................................. 15 ......................................11 (vivii) Restriction on Sale of Securities...........................12 (viii) Certificates Suitable for Transfer; Instruments of Transfer.................. 15 ...................................12 (viiix) No Association with NASD..................................................... 15.............................................12 (c) Officer's Certificates................................................................12