Russian translation: оформлять свидетельство на право собственности
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English to Russian translations [PRO] Bus/Financial - Finance (general) / Custody Agreement
English term or phrase:to execute ownership
In the absence of contrary Instructions, the Bank is authorised but not required by the Client to carry out the following actions relating to the Securities without reference to the Client:
(a) To collect and receive, for the account of the Client, all payments (whether income or capital) and distributions in respect of the Securities, and to take any action necessary and proper in connection with the same including (without limitation) the presentation of coupons and other interest items and the endorsement for collection of cheques, drafts and other negotiable instruments and the deduction or withholding of any sum on account of any tax (i) required or which in its view is required to be so deducted or withheld or (ii) for which it is or is in its view liable or accountable, by law or practice of any relevant revenue authority of any jurisdiction
(b) To execute in the name of the Client such ownership and other certificates as may be required to obtain payment in respect of the Securities;