SWORD Warrants. Where a Warrant is capable of being held in SWORD we shall hold or arrange with a sub-custodian of our choice to hold, such a Warrant physically for you (or in the latter case for the benefit of a segregated customer account maintained with the sub-custodian distinctly from our own proprietary account with them) only for temporary periods. We may give you reasonable notice (or in the latter case onward notification of the notice received by us from our sub-custodian) to collect any such Warrants or to cause them to be lodged in SWORD in accordance with the SWORD Regulations.
Appears in 3 contracts
Samples: Customer Trading Agreement, Customer Trading Agreement, Margin Trading Agreement
SWORD Warrants. Where a Warrant is capable of being held in SWORD we shall hold or arrange with a sub-sub- custodian of our choice to hold, such a Warrant physically for you (or in the latter case for the benefit of a segregated customer account maintained with the sub-custodian distinctly from our own proprietary account with them) only for temporary periods. We may give you reasonable notice (or in the latter case onward notification of the notice received by us from our sub-custodian) to collect any such Warrants or to cause them to be lodged in SWORD in accordance with the SWORD Regulations.
Appears in 2 contracts
