Involvement of intermediate custodians. Trade Republic will have the securities acquired outside of Germany held in custody outside of Germany. Trade Republic will commission another German domestic or foreign custodian (e.g. Clearstream Banking AG) or entrust its own foreign office with this task. The safekeeping of the securities is subject to the legal provisions and customs of the place of safekeeping and the general terms and conditions applicable to the foreign custodian(s).
Appears in 5 contracts
Samples: Customer Agreement, Customer Agreement, Online Brokerage Framework Agreement
Involvement of intermediate custodians. Trade Republic will have the securities acquired outside of Germany held in custody outside of Germany. Trade Republic will commission another German domestic or foreign custodian (e.g. Clearstream Banking AG) or entrust its own foreign office with this task. The safekeeping of the securities is subject to the legal provisions and customs of the place of safekeeping and the general terms and conditions applicable to the foreign custodian(s).the
Appears in 1 contract
Samples: Customer Agreement