Common use of Identification of Client's Interests Clause in Contracts

Identification of Client's Interests. The Custodian shall cause the Client’s interest in any Securities held directly by the Custodian to be evidenced by a credit to a Securities Account on the books of the Custodian. The Custodian shall cause the Client’s interest in any Securities held indirectly by the Custodian through a Subcustodian or Securities Depository to be evidenced by (i) a credit to a Securities Account on the books of the Custodian, (ii) by a credit to the account of the Custodian on the books of the Subcustodian and (iii) by a credit to the account of the Custodian or Subcustodian on the books of the Securities Depository. Securities may be registered in the name of the Custodian’s nominee or, as to any Securities held by an entity other than the Custodian, in the name of such entity’s nominee. The Client agrees to hold any such nominee harmless from any liability as a holder of record of such Securities.

Appears in 2 contracts

Samples: Global Custody Agreement, Global Custody Agreement (Maxim Series Fund Inc)

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Identification of Client's Interests. The Custodian shall cause the Client’s 's interest in any Securities held directly by the Custodian to be evidenced by a credit to a Securities Account on the books of the Custodian. The Custodian shall cause the Client’s 's interest in any Securities held indirectly by the Custodian through a Subcustodian or Securities Depository to be evidenced by (i) a credit to a Securities Account on the books of the Custodian, (ii) by a credit to the account of the Custodian on the books of the Subcustodian and (iii) by a credit to the account of the Custodian or Subcustodian on the books of the Securities Depository. Securities may be registered in the name of the Custodian’s 's nominee or, as to any Securities held by an entity other than the Custodian, in the name of such entity’s 's nominee. The Client agrees to hold any such nominee harmless from any liability as a holder of record of such Securities.

Appears in 1 contract

Samples: Custody Agreement (Maxim Series Fund Inc)

Identification of Client's Interests. The Custodian shall cause the Client’s 's interest in any Securities held directly by the Custodian directly, to be evidenced by a credit to a Securities Account on the books of the Custodian. The Custodian shall cause the Client’s 's interest in any Securities held indirectly by the Custodian through a Subcustodian or Securities Depository to be evidenced by (i) a credit to a Securities Account on the books of the Custodian, (ii) by a credit to the account of the Custodian on the books of the Subcustodian and (iii) by a credit to the account of the Custodian or Subcustodian on the books of the Securities Depository. Securities may be registered in the name of the Custodian’s nominee or's nominee, or as to any Securities held by an entity other than the Custodian, in the name of such entity’s 's nominee. The Client agrees to hold held any such nominee harmless from any liability as a holder of record of such Securities...

Appears in 1 contract

Samples: Global Custody Agreement (Orchard Series Fund)

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Identification of Client's Interests. The Custodian shall cause the Client’s 's interest in any Securities held directly by the Custodian to be evidenced by a credit to a Securities Account on the books of the Custodian. The Custodian shall cause the Client’s 's interest in any Securities held indirectly by the Custodian through a Subcustodian or Securities Depository to be evidenced by (i) a credit to a Securities Account on the books of the Custodian, (ii) by a credit to the account of the Custodian Custddian on the books of the Subcustodian and (iii) by a credit to the account of the Custodian or Subcustodian on the books of the Securities Depository. Securities may be registered in the name of the Custodian’s 's nominee or, as to any Securities held by an entity other than the Custodian, in the name of such entity’s 's nominee. The Client agrees to hold any such nominee harmless from any liability as a holder of record of such Securities.

Appears in 1 contract

Samples: Custodian Agreement (Maxim Series Fund Inc)

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