Common use of Safekeeping of Custodied Assets Clause in Contracts

Safekeeping of Custodied Assets. In connection with maintaining custody of funds and Securities on deposit in the Accounts, DriveWealth shall be responsible for the safekeeping of all cash and Securities received by it pursuant to this Agreement; provided, however, that DriveWealth shall not be responsible for any funds or Securities delivered by Issuer until such funds or Securities are actually received by DriveWealth or deposited in good deliverable form in accounts maintained by DriveWealth.