Common use of Custodian’s Sub-Agent Network Clause in Contracts

Custodian’s Sub-Agent Network. Each Fund hereby acknowledges receiving appropriate notice of Custodian’s selection of the use of those Eligible Foreign Custodians and Eligible Securities Depositories that are identified in Appendix A of this Agreement as amended from time to time. 4. ESTABLISHMENT OF ACCOUNT For each Fund, Custodian shall open and maintain a separate Account or Accounts in the name of that Fund and shall hold in such Account or Accounts, subject to the provisions hereof, all Securities received by it from or for the Account of that Fund. Custodian, in its sole discretion, may reasonably refuse to accept any property now or hereafter delivered to it for inclusion in the Account. A Fund shall be notified promptly of such refusal and any such property shall be immediately returned to that Fund. Custodian shall be under no duty to take any action hereunder on behalf of a Fund except as specifically set forth herein or as may be specifically agreed to by Custodian and that Fund in a written amendment hereto. 5.