Common use of Use of Book-Entry System and Depositories Clause in Contracts

Use of Book-Entry System and Depositories. Each Customer hereby authorizes Bank to use the Book-Entry System and the Depositories in connection with its delivery and receipt on return of Securities, Cash Collateral, other Collateral, Approved Investments, and monies under this Agreement.

Appears in 3 contracts

Samples: Amendment (Federated Government Income Trust), Amendment (Federated U S Government Securities Fund 2-5 Years), Amendment (Federated MDT Equity Trust)

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Use of Book-Entry System and Depositories. Each Customer hereby Client authorizes Bank to use utilize the Book-Entry System System, Depositories, and the Depositories Subcustodians in connection with its receipt, deposit, and delivery and receipt on return of Securities, Cash Collateral, other Collateral, Approved Investments, and monies under to this Agreement.

Appears in 2 contracts

Samples: Securities Lending Authorization Agreement (Alger Portfolios), Securities Lending Authorization Agreement (Alger Funds)

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