Common use of Use of Other Bank Services Clause in Contracts

Use of Other Bank Services. Client may direct Bank to utilize for this Account other services or facilities provided by Bank, its subsidiaries or affiliates. Such services shall include, but not be limited to (1) the purchase or sale of securities as principal to or from, or, (2) the placing of orders for the purchase, sale, exchange, investment or reinvestment of securities through any brokerage service conducted by, or, (3) the placing of orders for the purchase or sale of units of any investment company managed or advised by Bank, UnionBanCal Corporation, or their subsidiaries or affiliates, and for which Bank, UnionBanCal Corporation, or their subsidiaries or affiliates act as custodian or provide other services. Client hereby acknowledges that Bank will receive additional fees for such services in accordance with Bank's standard fee schedules, which shall be delivered to Client from time to time. Notwithstanding the above, Client may direct Bank to utilize for this Account for cash management purposes the HighMarkSM Group of mutual funds advised by Bank, and for which Bank may also act as custodian and provide other services. Client shall designate the particular HighMarkSM Fund that Client deems appropriate for the Account. Client hereby acknowledges that Bank will receive fees for such services, which shall be in addition to those fees charged by Bank as agent for the Client's custody Account.

Appears in 2 contracts

Samples: Custody Agreement (Venture Lending & Leasing VI, Inc.), Venture Lending & Leasing Iv Inc

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Use of Other Bank Services. Client may direct Bank to utilize for this Account other services or facilities provided by Bank, its subsidiaries or affiliates. Such services shall include, but not be limited to (1) the purchase or sale of securities as principal to or from, or, (2) the placing of orders for the purchase, sale, exchange, investment or reinvestment of securities through any brokerage service conducted by, or, (3) the placing of orders for the purchase or sale of units of any investment company managed or advised by Bank, UnionBanCal Corporation, or their subsidiaries or affiliates, and for which Bank, UnionBanCal Corporation, or their subsidiaries or affiliates act as custodian or provide other services. Client hereby acknowledges that Bank will receive additional fees for such services in accordance with Bank's standard fee schedules, which shall be delivered to Client from time to time. Notwithstanding the above, Client may direct Bank to utilize for this Account for cash management purposes the HighMarkSM HighMark-SM- Group of mutual funds advised by Bank, and for which Bank may also act as custodian and provide other services. Client shall designate the particular HighMarkSM HighMark-SM- Fund that Client deems appropriate for the Account. Client hereby acknowledges that Bank will receive fees for such services, which shall be in addition to those fees charged by Bank as agent for the Client's custody Account.

Appears in 1 contract

Samples: Custody Agreement (Venture Lending & Leasing Iii Inc)

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Use of Other Bank Services. Client may direct Bank to utilize for this Account other services or facilities provided by Bank, its subsidiaries or affiliates. Such services shall include, but not be limited to (1) the purchase or sale of securities as principal to or from, or, (2) the placing of orders for the purchase, sale, exchange, investment or reinvestment of securities through any brokerage service conducted by, or, (3) the placing of orders for the purchase or sale of units of any investment company managed or advised by Bank, UnionBanCal Corporation, or their subsidiaries or affiliates, and for which Bank, UnionBanCal Corporation, or their subsidiaries or affiliates act as custodian or provide other services. Client hereby acknowledges that Bank will receive additional fees for such services in accordance with Bank's standard fee schedules, which shall be delivered to Client from time to time. Notwithstanding the above, Client may direct Bank to utilize for this Account for cash management purposes the HighMarkSM HighMark Group of mutual funds advised by Bank, and for which Bank may also act as custodian and provide other services. Client shall designate the particular HighMarkSM HighMark Fund that Client deems appropriate for the Account. Client hereby acknowledges that Bank will receive fees for such services, which shall be in addition to those fees charged by Bank as agent for the Client's custody Account.

Appears in 1 contract

Samples: Custody Agreement (Venture Lending & Leasing V, Inc.)

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