Custodian. The Trustees may appoint a bank or trust company having an aggregate capital, surplus and undivided profits (as shown in its last published report) of at least $2,000,000 as a custodian of the Trust or any Class or Series with authority as its agent to hold cash and securities owned by the Trust or the Class or Series and to release and deliver the same and otherwise to perform such duties as the Trustees may specify, all upon such terms and conditions as may be agreed upon between the Trust and the Custodian.
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Samples: John Hancock Hedged (John Hancock Hedged Equity & Income Fund), Agreement and Declaration (eUnits(TM) 2 Year U.S. Market Participation Trust 5: Upside to Cap / Buffered Downside), Eaton Vance (Eaton Vance Municipal Income Term Trust)
Custodian. The Trustees may appoint a bank or trust company having an aggregate capital, surplus and undivided profits (as shown in its last published report) of at least $2,000,000 as a custodian of the Trust or any Class or Series with authority as its agent to hold cash and securities owned by the Trust or the Class or Series and to release and deliver the same and otherwise to perform such duties as the Trustees may specify, all upon such terms and conditions as may be agreed upon between the Trust and the Custodian.. 8
Appears in 1 contract
Samples: John Hancock Hedged Equity Fund (John Hancock Hedged Equity & Income Fund)