Common use of Deliveries of Securities Clause in Contracts

Deliveries of Securities. The Custodian shall release and deliver domestic securities owned by the Fund held by the Custodian or in a Securities System account of the Custodian or in the Custodian's Direct Paper book entry system account ("Direct Paper System Account") only upon receipt of Proper Instructions from the Fund, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases:

Appears in 7 contracts

Samples: Custodian Contract (New York Total Return Bond Portfolio), Custodian Contract (Short Term Bond Portfolio), Custodian Contract (Tax Exempt Bond Portfolio)

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Deliveries of Securities. The Custodian shall release and deliver domestic securities owned by the Fund each Portfolio held by the Custodian or in a Securities System account of the Custodian or in the Custodian's Direct Paper book entry system account ("Direct Paper System Account") only upon receipt of Proper Instructions from the FundTrust with respect to the Portfolio, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases:

Appears in 1 contract

Samples: Custodian Contract (Series Portfolio)

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