Common use of Pooling of Securities Clause in Contracts

Pooling of Securities. Any securities deposited with you may, at your absolute discretion, either be treated as fungible and pooled like with like with the other securities held by your clients or specially allocated to the Securities Account. I/We will only be entitled to be returned and shall accept delivery of securities of the same company, class and denomination (or in the event of any change in class or denomination, securities of such equivalent class or denomination) as the securities originally deposited.

Pooling of Securities. Any securities Securities deposited with you may, at your absolute discretion, either be treated as fungible and pooled like with like with the other securities Securities held by your clients or specially allocated to the Securities Account. I/We will only be entitled to be returned and shall accept delivery of securities Securities of the same company, class and denomination (or in the event of any change in class or denomination, securities Securities of such equivalent class or denomination) as the securities Securities originally deposited.