Common use of Independence of the Entrusted Assets Clause in Contracts

Independence of the Entrusted Assets. 2.3.1 Party B hereby covenants that Entrusted Assets shall be kept separate from the proprietary assets and other assets managed by Party B. Party B may not mix up the Entrusted Assets with the proprietary assets and other assets managed by Party B, and may not handle any Entrusted Assets for any purpose outside of those provided in this Agreement.

Appears in 2 contracts

Samples: Asset Management Agreement (China Life Insurance Co LTD), Asset Management Agreement (China Life Insurance Co LTD)

AutoNDA by SimpleDocs

Independence of the Entrusted Assets. 2.3.1 2.4.1 Party B hereby covenants that Entrusted Assets shall be kept separate from the proprietary assets and other assets managed by Party B. Party B may not mix up the Entrusted Assets with the proprietary assets and other assets managed by Party B, and may not handle any Entrusted Assets for any purpose outside of those provided in this Agreement.

Appears in 1 contract

Samples: Asset Management Agreement (China Life Insurance Co LTD)

AutoNDA by SimpleDocs

Independence of the Entrusted Assets. 2.3.1 Party B hereby covenants that Entrusted Assets entrusted assets shall be kept separate from the proprietary assets and other assets managed by Party B. Party B may not mix up the Entrusted Assets entrusted assets with the proprietary assets and other assets managed by Party B, and may not handle any Entrusted Assets entrusted assets for any purpose outside of those provided in this Agreement.

Appears in 1 contract

Samples: Asset Management Agreement (China Life Insurance Co LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!