Status of Custodian. The Custodian represents that it is a U.S. Bank within the meaning of paragraph (a)(7) of Rule 17f-5 and a "Securities Intermediary" as that term is defined in Section 8-102 (A)(4) of Article 8 of the Massachusetts Uniform Commercial Code.
Status of Custodian. The Custodian is a limited liability company and shall be agent or principal with respect to any actions taken by the Custodian with respect to the purchase and sale services pursuant to Section 4 of this Agreement, subject to Section 12.C.vii.
Status of Custodian. The Custodian agrees to serve as a nondiscretionary directed custodian. The Trustee and the Participant agree that the Custodian shall not be deemed to be the “administrator”of the Plan as defined in ERISA section 3(16)(A) or a fiduciary of the Plan, as defined in ERISA section 3(21).
Status of Custodian. The Parties acknowledge and agree that, in acting hereunder, the Custodian has not and is not acting as counsel to COMPANY or SHAREHOLDERS, in regard to whom the Custodian is acting solely as Custodian hereunder.
Status of Custodian. The Custodian represents that it is a U.S. Bank within the meaning of paragraph (a)(7) of Rule 17f-5 under the 1940 Act.
Status of Custodian. The Custodian is a limited liability company and its capacity under this Agreement shall be: i. a bailee with respect to any Digital Asset Custody Account and any Digital Assets in such Digital Asset Custody Account;
Status of Custodian. Custodian agrees that it is acting as a “securities intermediary”, as defined in Section 8-102 of the UCC with respect to the Collateral in the Securities Account, except Identified Securities. The parties hereto agree that the Collateral Account constitutes a “securities account” within the meaning of Article 8 of the UCC, and all Collateral now or hereafter held, credited or carried by, in or to the credit of Collateral Account shall be treated as “financial assets” within the meaning of Article 8 of the UCC.
Status of Custodian. The Custodian represents that it is a U.S. Bank within the meaning of paragraph (a)(7) of Rule 17f-5.
Status of Custodian. The Custodian is a limited liability company and its capacity under this Agreement shall be:
