Common use of Terms of Custody Clause in Contracts

Terms of Custody. If the securities are registered in the name of your associated entity or nominee, the securities will be held by such associated entity or nominee on its standard terms and conditions as may from time to time be in force. You or your associated entity or nominee shall be under no responsibility to forward any notices, proxies or other documents or communications in respect of the securities to me/us. However, if you or your associated entity or nominee determines that any action is required in respect of such securities and I/we cannot be contacted or fail to give you punctual or adequate Instructions for such action, I/we hereby authorize you or your associated entity or nominee to act on my/our behalf in such manner as it may determine in its absolute discretion, including without limitation, exercising any voting rights in respect of securities of which I am/we are the beneficial owner but which are registered in the name of your associated entity or nominee and you and your associated entity or nominee shall not be liable, in the absence of gross negligence, fraud or wilful default, for such action it may take. I/We will indemnify you and your associated entity or nominee against all costs, charges and expenses that may be incurred by them in respect of securities held by it for safe-keeping on my/our behalf.

Terms of Custody. If the securities Securities are registered in the name of your associated entity Associated Entity or nominee, the securities Securities will be held by such associated entity Associated Entity or nominee on its standard terms and conditions as may from time to time be in force. You or your associated entity Associated Entity or nominee shall be under no responsibility to forward any notices, proxies or other documents or communications in respect of the securities Securities to me/us. However, if you or your associated entity Associated Entity or nominee determines that any action is required in respect of such securities Securities and I/we We cannot be contacted or fail to give you punctual or adequate Instructions for such action, I/we We hereby authorize you or your associated entity Associated Entity or nominee to act on my/our behalf in such manner as it may determine in its absolute discretion, including without limitation, exercising any voting rights in respect of securities Securities of which I am/we We are the beneficial owner but which are registered in the name of your associated entity Associated Entity or nominee and you and your associated entity Associated Entity or nominee shall not be liable, in the absence of gross negligence, fraud or wilful willful default, for such action it may take. I/We will indemnify you and your associated entity Associated Entity or nominee against all costs, charges and expenses that may be incurred by them in respect of securities Securities held by it for safe-keeping on my/our behalf.

Terms of Custody. If the securities are registered in the name of your associated entity or nominee, the securities will be held by such associated entity or nominee on its standard terms and conditions as may from time to time be in force. You or your associated entity or nominee shall be under no responsibility to forward any notices, proxies or other documents or communications in respect of the securities to me/us. However, if you or your associated entity or nominee determines that any action is required in respect of such securities and I/we cannot be contacted or fail to give you punctual or adequate Instructions for such action, I/we hereby authorize authorise you or your associated entity or nominee to act on my/our behalf in such manner as it may determine in its absolute discretion, including without limitation, exercising any voting rights in respect of securities of which I am/we are the beneficial owner but which are registered in the name of your associated entity or nominee and you and your associated entity or nominee shall not be liable, in the absence of gross negligence, fraud or wilful default, for such action it may take. I/We will indemnify you and your associated entity or nominee against all costs, charges and expenses that may be incurred by them in respect of securities held by it for safe-keeping on my/our behalf.