Common use of No Release or Discharge Clause in Contracts

No Release or Discharge. Except as expressly provided herein, none of the terms or conditions contained in this Section 4 or in Sections 8 and 9 hereof shall be construed, operate or be effective to limit, release or discharge in any manner Custodian's duties, obligations, responsibilities and liabilities to Client in connection with Custodian's direct or indirect holding of Securities hereunder, whether in definitive or book-entry form.

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)

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No Release or Discharge. Except as expressly provided hereinherein~, none no~e of the terms or conditions contained in this Section 4 or in Sections 8 and 9 hereof shall be construed, . operate or be effective to limit, release or discharge in any manner Custodian's duties, obligations, responsibilities and liabilities to Client in connection with Custodian's direct or indirect holding of Securities hereunder, whether in definitive or book-entry form.

Appears in 2 contracts

Samples: Custody Agreement (Prudential Variable Contract Account 11), Custody Agreement (Prudential Variable Contract Account 2)

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