Common use of Your Fund Holdings Clause in Contracts

Your Fund Holdings. (a) You hereby agree and authorise Manulife to register and hold the Units that you have subscribed for your Manulife InvestChoice Account(s) (and/or any Units which you have transferred into your Manulife InvestChoice Account) under the name of the Nominee. You further agree and authorise Manulife to deal with all such Units and to exercise the rights and interests thereto subject to such Nominee’s customary terms and conditions and/or such other terms and conditions as Manulife may prescribe from time to time. (b) You agree and authorise Manulife to process Dealing Transactions with respect to any of your Units registered under the Nominee's name upon your instructions, or otherwise in accordance with this Agreement or Applicable Laws, and take such actions as Manulife considers appropriate to effect such Dealing Transactions. You agree to be bound by the terms and conditions of any agreement between Manulife and the Funds (or their representatives) in respect of the Units which are received or held by the Nominee (in its capacity as your nominee or registered holder on your behalf). (c) The Nominee shall be entitled to take actions in the course of performing the Nominee Services, which include but are not limited to the following: i) making such arrangements as the Nominee may think fit for the purpose of keeping the Units in safe custody. In particular, you agree that to the extent permissible under Applicable Laws, the Nominee may pool the Units held for you with other Units held by the Nominee for other persons, such that they may not be separately identifiable, by means of separate certificates or other physical documents or equivalent, as belonging to or attributing to you or your Manulife InvestChoice Account. The Nominee shall have the discretion to determine what records and documents it shall maintain to show your beneficial entitlement in such commingled pool;

Appears in 4 contracts

Samples: Terms and Conditions, Client Agreement, Terms and Conditions

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