Common use of Board Approval of Foreign Subcustodians Clause in Contracts

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund outside the United States, obtain written confirmation of the approval of the Board of Trustees of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 34 contracts

Samples: Custodian Agreement (Pioneer Floating Rate Trust), Custodian Agreement (Pioneer ILS Interval Fund), Custodian Agreement (Pioneer CoreTrust I)

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Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund outside the United States, obtain written confirmation of the approval of the Board of Trustees or Directors of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 22 contracts

Samples: Custodian Agreement (Taiwan Greater China Fund), Custodian Agreement (Shelton Greater China Fund), Custody Agreement (Pilgrim Mutual Funds)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.28.2.2 below, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund outside the United States, obtain written confirmation of the approval of the Board of Trustees or Directors of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 11 contracts

Samples: Custodian Agreement (RidgeWorth Funds), Custodian Agreement (Touchstone Institutional Funds Trust), Custodian Agreement (Touchstone Funds Group Trust)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to to, and the Custodian has accepted delegation of of, review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund outside the United States, obtain written confirmation of the approval of the Board of Trustees or Directors of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 7 contracts

Samples: Custodian Agreement (Schwab Annuity Portfolios), Custodian Agreement (World Funds Trust), Custodian Agreement (Schwab Capital Trust)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board board of directors of the Fund has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2Section 8.2.2 below, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the a Fund outside the United States, obtain written confirmation of the approval of the Trust’s Board of Trustees of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 5 contracts

Samples: Custodian Agreement (New Covenant Funds), Agreement (Adviser Managed Trust), Custodian Agreement (Sei Institutional Managed Trust)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board board of directors of the Fund has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2Section 8.2.2 below, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the a Fund outside the United States, obtain written confirmation of the approval of the Trust’s Board of Trustees of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 4 contracts

Samples: Custodian Agreement (Sei Institutional Managed Trust), Custodian Agreement (Sei Institutional International Trust), Custodian Agreement (Adviser Managed Trust)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board of Trustees has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund outside the United States, obtain written confirmation of the approval of the Fund's Board of Trustees of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 2 contracts

Samples: Custodian Agreement (Nicholas Applegate Convertible & Income Fund Ii), Custodian Agreement (Nicholas Applegate Convertible & Income Fund)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to to, and the Custodian has accepted delegation of of, review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.27.2.2, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments Foreign Assets of the Fund outside the United StatesFund, obtain written confirmation of the approval of the Board of Trustees of the Fund Trust with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Personauthorized person.

Appears in 2 contracts

Samples: The Custodian Agreement (U S Global Investors Inc), The Custodian Agreement (U S Global Investors Inc)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the a Fund outside the United States, obtain written confirmation of the approval of the Board of Trustees of the Fund Trust with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 2 contracts

Samples: Conforming Custodian Agreement (GMO Series Trust), Exhibit 1 Custodian Agreement (Gmo Trust)

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Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2., the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund outside the United Untied States, obtain written confirmation of the approval of the Board of Trustees or Directors of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 1 contract

Samples: Custodian Agreement (Korea Equity Fund Inc)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.29.2.2, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund Trust outside the United States, obtain written confirmation of the approval of the Board of Trustees or Directors of the Fund Trust with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 1 contract

Samples: Custodian Agreement (Icon Funds)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2Section 8.2.2 below, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the a Fund outside the United States, obtain written confirmation of the approval of the Trust's Board of Trustees of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 1 contract

Samples: Custodian Agreement (Sei Institutional Investments Trust)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board board of directors of the Fund has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2Section 8.2.2 below, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the a Fund outside the United States, obtain written confirmation of the approval of the Trusts Board of Trustees of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 1 contract

Samples: Custodian Agreement This Agreement (Sei Institutional International Trust)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to to, and the Custodian has accepted delegation of of, review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.26.2.2, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund outside the United States, obtain written confirmation of the approval of the Board of Trustees or Directors of the Fund or their delegated foreign custody manager with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 1 contract

Samples: The Custodian Agreement (First Investors Life Series Fund)

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