Custodian Services Sample Clauses

Custodian Services. If so requested, the Sub-Administrator shall also procure on behalf of the Fund a custodian or custodians for the Fund to provide for the safekeeping of the Fund's assets. If Sub-Administrator is request to procure a custodian or custodians for the Fund, Administrator shall pay (or cause the Fund to pay) such custody fees as set forth in Exhibit B of this Agreement under the section entitled "Domestic Custody Fee Schedule" and the Sub-Administrator shall be responsible for compensating such custodian or custodians out such custody fees . Such custodian or custodians shall be subject to the approval of the Directors. The Fund may be a party to any forgoing agreement.

Custodian Services. The Sub-Custodian shall hold in an account in the name of the Custodian, as custodian for the Funds, securities registered in the name of the Sub-Custodian's nominee (the "Account") and owned by each such Fund. Such securities shall be designated by the Custodian upon instructions of the appropriate Fund and shall consist of bonds of any issue that (a) are tax exempt, (b) incorporate a daily adjustable interest rate that is convertible to interest rates determinable on a variable or a fixed rate basis, (c) entitle the owners of such securities to have such securities purchased on on a daily basis or at certain other specified times and (d) require the services of a custodian to establish a book-entry system similar to that set forth in the Relevant Master Custody Agreement (as hereinafter defined in paragraph 13 hereof). Such securities may be commingled with other securities of the same issue or with other securities held in a fiduciary or custodial capacity but shall be physically segregated from all securities held in the Sub-Custodian's individual capacity or for its account. Subject to paragraph 13 hereof, the Sub-Custodian shall release and deliver such securities only upon receipt of instructions from the Custodian. The Sub-Custodian shall collect on a timely basis, and credit to each Fund's Sub-Custodial account, all income and other payments with respect to securities held under this Agreement to which such Fund is entitled by law and shall notify the Custodian of any income or other payments that are not collected within a reasonable time after they become payable. Payments of income are to be made by wire advice to the account of each Fund so specified on Exhibit A. The Sub-Custodian shall at no time supervise the investment of, or advise or make any recommendations for the sale, purchase or other disposition of securities held under this Agreement. All purchase and sale transactions shall be carried out by the Sub-Custodian only as the Custodian may instruct pursuant to paragraph 3 hereof.

Custodian Services. 7.1. The Manager will arrange for the Custodian to provide the Custodian Services in relation to the Investor’s Subscription and assets held in the Investor’s Portfolio and for the Custodian and the Nominee to provide the Nominee Services. The Custodian will act as custodian of the cash and other assets in the Portfolio and the Nominee will be the legal owner of applicable Shares and retain certain registers in respect of the same. The Custodian will operate and maintain an account in the name of the Policyholder for the proceeds of a successful claim under the Insurance Policy and the Policyholder is authorised to instruct the Custodian to receive, distribute or transfer any such proceeds in accordance with the Settlement. 7.2. The Manager will provide a copy of the Custodian Agreement and/or Nominee Agreement to the Investor as soon as reasonably practicable upon written request. 7.3. By accepting the terms of this Agreement, the Investor agrees that: (a) the Manager is authorised to enter into the Custodian Agreement and Nominee Agreement on the Investor’s behalf as the Investor’s agent, to give instructions to the Custodian and Nominee and to agree any subsequent amendments to the Custodian Agreement and/or Nominee Agreement on the Investor’s behalf, provided that the Manager notifies the Investor of such amendments in accordance with the FCA rules; (b) the Investor is bound by the terms of the Custodian Agreement and Nominee Agreement and the Investor has read and are bound by the Custodian and Nominee Investor Terms and Conditions and Custodian Privacy Policy; (c) the Custodian and Manager are each authorised to transfer cash or Investments from the Investor’s account to meet the respective fees and settlement under this agreement or other obligations under the Custodian Agreement and the fees of the Custodian under the Nominee Agreement; and (d) the Custodian and Policyholder are each authorised to transfer the proceeds of a successful claim under the Insurance Policy in accordance with the Settlement. 7.4. Under the Custodian Agreement, the Investor will remain the customer of the Manager, but will also become a customer of the Custodian for settlement nominee and custody purposes only. The Manager retains responsibility for compliance and regulatory requirements regarding the management of the Investor’s Subscription and Portfolio. Neither the Custodian nor the Nominee provides investment advice, gives advice or offers any opinion regarding the su...

Custodian Services. In addition to the services described in this Section 7 and to the extent not inconsistent therewith, Custodian shall perform the custodian services set forth in Schedule A hereto.

Custodian Services. The Administrator shall procure on behalf of the Trust and the Fund(s) a custodian or custodians for the Fund(s) to provide for the safekeeping of the Fund’s assets. Administrator shall be responsible for compensating such custodian or custodians out of Administrator’s compensation as set forth in Appendix C of this Agreement. Such custodian or custodians shall be subject to the approval of the Trustees. Where it is necessary or desirable to utilize multiple custodians for a Fund, the Administrator will coordinate the services provided between the custodians under the relevant agreements. The Administrator will ensure that each custodian is providing the necessary services to the Fund(s) under their respective agreements. The Trust may be a party to any foregoing agreement.

Custodian Services. All the Investments acquired or transacted by you through the investment services offered by the Bank pursuant to this Agreement or otherwise belonging to you and delivered to the Bank (collectively, “Acquired Assets”) shall be held in the custody of the Bank or its Nominees and the provisions contained in this Part shall apply to such custody.

Custodian Services. Your account’s assets will be held by an independent custodian, not us. A custodian may be a broker-dealer, bank, or trust company. You authorize us to enter into one or more custodial agreements with the custodian and you agree to be bound by those agreements’ terms and conditions. We may give instructions to the custodian with respect to investment decisions regarding your assets, and the custodian is authorized and directed to effect those transactions and to take any other actions we direct in connection with the performance of our obligations regarding your assets. You are responsible for paying any custodian fees, which are exclusive of and in addition to our fees. We cannot serve as a custodian and we are not liable for custody arrangements or the acts, conduct, or omissions of the custodian.

Custodian Services. 1.1 Set-up and Maintenance (a) Set up services with Morningstar. (b) Maintenance services: refresh Plan business rules, participant information and profiles with Morningstar. (c) Standard reporting on participant activity. (d) Sponsor and participant customer service support services.

Custodian Services. The Adviser and IAR do not hold nor maintain physical custody of the Client’s assets: rather, the Client’s assets are held in the custody of a “qualified custodian” as that term is defined in Rule 206(4)-2 of the Advisers Act (the “Custodian”). Adviser and IAR are authorized to give instructions to the Custodian with respect to the Client’s assets as authorized by Client and consistent with the Investment Policy Statement for each Client Account. Client will receive, directly from the Custodian, transaction confirmations, account statements and other information as generally provided by Custodian about the Account. The final responsibility for accurately reporting all income, cash securities and other investment transactions that occur in or on behalf of the Account remains with the Custodian not the Adviser. The Adviser is not responsible for providing reports and/or information to be used by the Client or outside parties in the determination of tax liability.