Cash Management Services. Funds received by Private Trust in the course of performing its services hereunder will be held in demand deposit bank accounts or money market fund accounts in the name of Private Trust (or its nominee) as agent for the Funds. Private Trust shall be entitled to retain any interest, dividends, balance credits or fee reductions or other concessions or benefits earned or generated by or associated with such accounts or made available by the institution with which such accounts are maintained.
Appears in 25 contracts
Samples: Transfer Agency and Services Agreement (Smith Barney Investment Series), Transfer Agency and Services Agreement (Citifunds Multi State Tax Free Trust), Transfer Agency and Services Agreement (Citifunds Trust I)
