Transaction Procedure. All transactions will be executed through the custodian. Deposits and withdrawals of cash and/or securities will be made by the Client with the Custodian. Adviser shall not act as custodian for the Account and shall not take possession of cash and/or securities of the Account. Adviser shall not be responsible for any loss incurred by reason of any act or omission of any broker or dealer or the Custodian. Client shall not withdraw or deposit cash and/or securities in the Account without simultaneously informing Adviser.
Appears in 12 contracts
Samples: Investment Advisory Agreement, Investment Advisory Agreement, Investment Advisory Agreement
Transaction Procedure. All transactions will be executed through consummated by payments to, or delivery by, Client, or such other party as Client may designate in writing (the custodian. Deposits and withdrawals "Custodian"), of all cash and/or securities will be made by due to or from the Client with the CustodianAccount. Adviser shall not act as custodian for the Account and shall not take possession of cash and/or securities of the Account. Adviser shall not be responsible for any loss incurred by reason of any act or omission of any broker or dealer or the Custodian. Client shall not withdraw or deposit cash and/or securities in the Account without simultaneously informing Adviser.
Appears in 2 contracts
Samples: Investment Advisory Agreement, Investment Advisory Agreement
