Common use of Reservation of Right Clause in Contracts

Reservation of Right. The Bank shall have the right not to accept for deposit to the Custody Account any Securities which are in a form or condition which the Bank and the Customer mutually agree are not suitable for the services which the Bank provides under this Agreement.

Appears in 6 contracts

Samples: Custody Agreement (Lincoln National Managed Fund Inc), Custody Agreement (Lincoln National Growth & Income Fund Inc), Custody Agreement (Lincoln National Special Opportunities Fund Inc)

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Reservation of Right. The Bank shall have reserves the right not to accept for deposit to the Custody Account any Securities Security which are is in a form or condition which the Bank and the Customer mutually agree are Bank, in its sole discretion, determines not to be suitable for the services which the Bank it provides under this Agreement.

Appears in 1 contract

Samples: Custodian Agreement (Bishop Street Funds)

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