Common use of USE OF THE SERVICES OF THIRD PARTIES Clause in Contracts

USE OF THE SERVICES OF THIRD PARTIES. FOR THE CUSTODY OF SECURITIES The securities of the Customer which the Bank has placed in the custody of third parties pursuant to article 3, shall form part of the aggregate of securities deposited in the name of the Bank with such third parties in one of the Bank's general securities deposits. The Bank shall not be bound to cause the serial numbers of these securities to be recorded separately for each individual Customer.

Appears in 5 contracts

Samples: Exchangeable Loan Agreement (Vedior Nv), Credit Agreement (FreeSeas Inc.), Loan Agreement (Vedior Nv)

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