No Hypothecation. Except as provided in Section 6.8, Custodian shall have no power to deliver, assign, pledge, lend, hypothecate or otherwise dispose of any Security to any person or entity, except pursuant to an Authorized Instruction.
Appears in 3 contracts
Samples: Custody Agreement (Prudential Series Fund Inc), Custody Agreement (Prudential Variable Contract Account 10), Custody Agreement (Prudential Variable Contract Account 24)
No Hypothecation. Except as provided in Section 6.8, Custodian shall have no power to deliver, assign, pledge, lend, hypothecate or otherwise dispose of any Security to any person or entity, except pursuant to an Authorized Instruction.
Appears in 2 contracts
Samples: Custody Agreement (Prudential Variable Contract Account 11), Custody Agreement (Prudential Variable Contract Account 2)