Common use of Manner of Holding Securities Clause in Contracts

Manner of Holding Securities. To hold securities of each Fund (1) by physical possession of the share certificates or other instruments representing such securities in registered or bearer form, or (2) in book-entry form by a Securities System (as said term is defined in Section 2.22) or a Foreign Depository, 2.3 Registration - To hold registered securities of each Fund, with or without any indication of fiduciary capacity, provided that securities are held in an account of the Subcustodian containing only property of such Fund or only property held as fiduciary or custodian for customers; provided that the records of the Subcustodian shall indicate at all times the Funds or other customers for which such securities and other