Common use of May Own Bonds Clause in Contracts

May Own Bonds. The Bank, in its individual or any other capacity, may become the owner or pledgee of Bonds with the same rights it would have if it were not the Custodian.

Appears in 2 contracts

Samples: Agreement Relating to Custodian, Agreement Relating to Custodian

AutoNDA by SimpleDocs

May Own Bonds. The Bank, in its individual or any other capacity, may become the owner or pledgee of Bonds Bonds, with the same rights it would have if it were not the CustodianPaying Agent and Registrar for the Bonds.

Appears in 1 contract

Samples: Paying Agent/Registrar Agreement

AutoNDA by SimpleDocs

May Own Bonds. The To the extent permitted by law, the Bank, in its individual or any other capacity, may become the owner or pledgee of Bonds with the same rights it would have if it were not the CustodianPaying Agent and Registrar for the Bonds.

Appears in 1 contract

Samples: Paying Agent/Bond Registrar Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.