CONTRACTS WITH ELIGIBLE FOREIGN CUSTODIANS. Subject to the provisions of this Agreement and the requirements of Rule 17f-5 (and any other applicable law), Delegate is authorized to, and shall, enter into, on behalf of Fund, such written contracts governing Fund's foreign custody arrangements with such Eligible Foreign Custodians as Delegate deems appropriate. Each such contract will satisfy the requirements of Rule 17f-5(c )(2). All arrangements between Delegate and the Eligible Foreign Custodians will be governed by a written contract that Delegate has determined will provide reasonable care for Fund's Foreign Assets.
Appears in 7 contracts
Samples: Delegation Agreement (CDC Nvest Companies Trust I), Delegation Agreement (CDC Nvest Funds Trust I), Delegation Agreement (CDC Nvest Funds Trust Iii)
