Compulsory Depositories Sample Clauses

Compulsory Depositories. (i) Notwithstanding the provisions of Section (a) above, the Custodian shall not serve as Foreign Custody Manager in respect of any Compulsory Depository, as defined below. The Custodian, through its branches or an Eligible Foreign Custodian shall be entitled to deposit and maintain the foreign investments in Compulsory Depositories as the Custodian deems prudent and appropriate, unless otherwise instructed by the Client, on behalf of a Portfolio, or its delegate; (ii) Prior to depositing the foreign investments in any Compulsory Depository, the Custodian shall notify the Client that such Depository will be used and provide the Client, in respect of such Depository, with current information of the type the Custodian provided to the Client in the Custodian’s Market Guides under the caption, “SEC Rule 17f-5 Package”. The Custodian, upon request, shall makes its representatives available to consult, in good faith, with such of the Client’s delegates as the Client shall designate regarding the advisability of depositing the Client’s foreign investments with any Compulsory Depository; (iii) The Custodian shall provide the Client with reports regarding Compulsory Depositories as provided in Section (a)(5), above and shall provide the Client with such other information with regard to any Compulsory Depository as the Client shall reasonably request; and

Compulsory Depositories. Argentina Caja de Valores Equity, Corporate & Government Debt ---------------------------------------------------------------------------------------------------------------------------------- Australia Austraclear Ltd. Corporate Debt, Money Market & Semi-Government Debt ---------------------------------------------------------------------------------------------------------------------------------- CHESS Equity (Clearing House Electronic Sub-register System) ---------------------------------------------------------------------------------------------------------------------------------- RITS Government Debt (Reserve Bank Information and Transfer System) ---------------------------------------------------------------------------------------------------------------------------------- Austria Oesterreichische Knotrolbank AG Equity, Corporate + Government Debt ---------------------------------------------------------------------------------------------------------------------------------- Belgium CIK Equity + Corporate Debt (Caisse Interprofessionnelle de Depots et de Virements de Titres) ---------------------------------------------------------------------------------------------------------------------------------- Banque Nationale de Belgique Treasury Bills + Government Debt ---------------------------------------------------------------------------------------------------------------------------------- Brazil BOVESPA Equity (Bolsa de Valores de Sao Paolo) ---------------------------------------------------------------------------------------------------------------------------------- BVRJ Equity (Bolsa de Valores de Rio de Janeiro) ---------------------------------------------------------------------------------------------------------------------------------- Canada CDS Equity, Corporate + Government Debt (Canadian Depository for Securities) ---------------------------------------------------------------------------------------------------------------------------------- China, SSCCRC Equity Shanghai (Shanghai Securities Central Clearing and Registration Corp.) ---------------------------------------------------------------------------------------------------------------------------------- China, SSCC Equity Shenzhen (Shenzhen Securities Registration Co., Ltd.) ---------------------------------------------------------------------------------------------------------------------------------- Czech SCP Equity + Long-Term Government Debt Republic (Securities ...

Compulsory Depositories. Notwithstanding the foregoing sub-sections of this Paragraph 6, Custodian shall have no responsibility for the selection or monitoring of any Eligible Securities Depository or Eligible Securities Depository’s agent (“Compulsory Depository”) (i) the use of which is mandated by law or regulation; (ii) because securities cannot be withdrawn from the depository; or (iii) because maintaining securities outside the securities depository is not consistent with prevailing market practices in the relevant market; provided however, that Custodian shall notify a Fund if that Fund has directed a trade in a market containing a Compulsory Depository, so that Fund shall have an opportunity to determine the appropriateness of investing in such market. Custodian shall provide risk analysis and monitoring of any such Compulsory Depository as provided in Rule 17f-7 under the Act, and will exercise reasonable care, prudence, and diligence in performing these responsibilities.

Compulsory Depositories. (i) Notwithstanding the provisions of Section A above, the Custodian shall not serve as Foreign Custody Manager in respect of any Compulsory Depository, as defined below. The Custodian, through its branches or any Subcustodians, shall be entitled to deposit and maintain the foreign investments in Compulsory Depositories as the Custodian deems prudent and appropriate, unless otherwise instructed by the Client or its delegate;

Compulsory Depositories. ARGENTINA Caja de Valores S.A. Equity, Corporate & Government Debt COMPULSORY -------------------------------------------------------------------------------------------------------------------- AUSTRALIA AUSTRACLEAR LTD. Corporate Debt, Money Market & Semi-Government Debt COMPULSORY -------------------------------------------------------------------------------------------------------------------- AUSTRALIA CHESS Equity (Clearing House Electronic Subregister System) COMPULSORY -------------------------------------------------------------------------------------------------------------------- AUSTRALIA RITS Government Debt (Reserve Bank Information and Transfer System) COMPULSORY -------------------------------------------------------------------------------------------------------------------- AUSTRIA Osterreichische Kontrolbank AG Equity, Corporate + Government Debt COMPULSORY -------------------------------------------------------------------------------------------------------------------- BELGIUM CIK Equity + Corporate Debt (Caisse Interprofessionnelle de Depots et de COMPULSORY Virements de Titres s.

Compulsory Depositories. Notwithstanding the foregoing subparagraphs of this Paragraph 6, Custodian shall have no responsibility for the selection or monitoring of any Eligible Securities Depository or Eligible Securities Depository’s agent (“Compulsory Depository”) (i) the use of which is mandated by law or regulation; (ii) because securities cannot be withdrawn from the depository; or

Compulsory Depositories. Notwithstanding the foregoing sub-sections of this Paragraph 6, Custodian shall have no responsibility for the selection or monitoring of any Eligible Securities Depository or Eligible Securities Depository's agent ("COMPULSORY DEPOSITORY") (i) the use of which is mandated by law or regulation; (ii) because securities cannot be withdrawn from the depository; or (iii) because maintaining securities outside the securities depository is not consistent with prevailing market practices in the relevant market; provided however, that Custodian shall notify Principal if Principal has directed a trade in a market containing a Compulsory Depository, so Principal and, as applicable, Investment Manager shall have an opportunity to determine the appropriateness of investing in such market.

Compulsory Depositories. (i) Notwithstanding the provisions of Section (a) above, the Custodian shall not serve as 49