Distributions and Redemptions. To enable each Fund to pay dividends or other distributions to holders of Interests of each such Fund, the Custodian shall release cash or Securities insofar as available. In the case of cash, the Custodian shall, upon the receipt of Instructions, transfer such funds by check or wire transfer to any account at any bank or trust company designated by each such Fund in such Instructions. In the case of Securities, the Custodian shall, upon the receipt of Special Instructions, make such transfer to any entity or account designated by each such Fund in such Special Instructions.
Appears in 14 contracts
Samples: Custody Agreement (Excelsior Private Markets Fund II (Master), LLC), Custody Agreement (NB Crossroads Private Markets Fund IV (TI) - Client LLC), Custody Agreement (NB Crossroads Private Markets Fund v (TE) LP)
Distributions and Redemptions. To enable each Fund to pay dividends or other distributions to holders of Interests of each such Fund and to make payment to Interest holders who have requested repurchase or redemption of their Interests of each such Fund, the Custodian shall release cash or Securities insofar as available. In the case of cash, the Custodian shall, upon the receipt of Instructions, transfer such funds by check or wire transfer to any account at any bank or trust company designated by each such Fund in such Instructions. In the case of Securities, the Custodian shall, upon the receipt of Special Instructions, make such transfer to any entity or account designated by each such Fund in such Special Instructions.
Appears in 7 contracts
Samples: Custody Agreement (Investment Managers Series Trust), Custody Agreement (Griffin Institutional Access Real Estate Fund), Custody Agreement (Investment Managers Series Trust)
Distributions and Redemptions. To enable each the Fund to pay dividends or other make distributions to holders of Interests in the Fund and to make payment to holders who have requested repurchase or redemption of each such their Interests in the Fund, the Custodian shall release cash or Securities insofar as available. In the case of cash, the Custodian shall, upon the receipt of Instructions, transfer such funds by check or wire transfer to any account at any bank or trust company designated by each such the Fund in such Instructions. In the case of Securities, the Custodian shall, upon the receipt of Special Instructions, make such transfer to any entity or account designated by each such the Fund in such Special Instructions.
Appears in 4 contracts
Samples: Custody Agreement (Generation Hedge Strategies Fund LLC), Custody Agreement (Generation Hedge Strategies Fund LLC), Custody Agreement (Blue Rock Registered Fund LLC)
Distributions and Redemptions. To enable each the Fund to pay dividends or other distributions to holders of Interests of each such the Fund and to make payment to Interest holders who have requested repurchase or redemption of their Interests of the Fund, the Custodian shall release cash or Securities insofar as available. In the case of cash, the Custodian shall, upon the receipt of Instructions, transfer such funds by check or wire transfer to any account at any bank or trust company designated by each such the Fund in such Instructions. In the case of Securities, the Custodian shall, upon the receipt of Special Instructions, make such transfer to any entity or account designated by each such the Fund in such Special Instructions.
Appears in 2 contracts
Samples: Custody Agreement (Apollo Diversified Real Estate Fund), Custody Agreement (Cresset Private Markets Opportunity Fund)
Distributions and Redemptions. To enable each Fund to pay dividends or other distributions to holders shareholders of Interests each such Fund and to make payment to shareholders who have requested repurchase or redemption of their shares of each such Fund, the Custodian shall release cash or Securities insofar as available. In the case of cash, the Custodian shall, upon the receipt of Instructions, transfer such funds by check or wire transfer to any account at any bank or trust company designated by each such Fund in such Instructions. In the case of Securities, the Custodian shall, upon the receipt of Special Instructions, make such transfer to any entity or account designated by each such Fund in such Special Instructions.
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