Pledges or Loans of Securities. (1) The Custodian, on the receipt of Instructions, shall transfer Securities pledged to secure loans from a lender to a segregated account for the benefit of the pledgee.
Appears in 10 contracts
Samples: Custody Agreement (CPG Vintage Access Fund VII, LLC), Custody Agreement (CPG Focused Access Fund, LLC), Custody Agreement (CPG Carlyle Commitments Fund, LLC)
Pledges or Loans of Securities. (1) The Custodian, on the receipt of Instructions, shall transfer Securities pledged to secure loans from a lender to a segregated account for the benefit of the pledgee.
Appears in 1 contract