Common use of Domestic Subcustodians Clause in Contracts

Domestic Subcustodians. The Custodian may, at any time and from time to time, appoint any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios as a subcustodian for purposes of holding cash, securities and other assets of such Portfolios and performing other functions of the Custodian within the United States (a "Domestic Subcustodian"); provided that, the Custodian shall notify each applicable Fund in writing of the identity and qualifications of any proposed Domestic Subcustodian at least thirty (30) days prior to appointment of such Domestic Subcustodian, and such Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic Subcustodian. If, following notice by the Custodian to each applicable Fund regarding appointment of a Domestic Subcustodian and the expiration of thirty (30) days after the date of such notice, such Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian as its subcustodian.

Appears in 91 contracts

Samples: Custodian Agreement (Fidelity Salem Street Trust), Custodian Agreement (Fidelity Capital Trust), Custodian Agreement (Fidelity Advisor Series Vii)

AutoNDA by SimpleDocs

Domestic Subcustodians. The Custodian may, at any time and from time to time, appoint any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios as a subcustodian for purposes of holding cash, securities and other assets of such Portfolios and performing other functions of the Custodian within the United States (a "Domestic Subcustodian"); provided provided, that, the Custodian shall notify each applicable Fund in writing of the identity and qualifications of any proposed Domestic Subcustodian at least thirty (30) days prior to appointment of such Domestic Subcustodian, and such Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic Subcustodian. If, following notice by the Custodian to each applicable Fund regarding appointment of a Domestic Subcustodian and the expiration of thirty (30) days after the date of such notice, such Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian as its subcustodian. Section 4.02.

Appears in 41 contracts

Samples: Custodian Agreement (Fidelity Advisor Series Viii), Custodian Agreement (Colchester Street Trust), Form of Custodian Agreement Agreement (Fidelity School Street Trust/)

Domestic Subcustodians. The Custodian may, at any time and from time to time, appoint any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios as a subcustodian for purposes of holding cash, securities and other assets of such Portfolios and performing other functions of the Custodian within the United States (a "Domestic Subcustodian"); provided provided, that, the Custodian shall notify each applicable Fund in writing of the identity and qualifications of any proposed Domestic Subcustodian at least thirty (30) days prior to appointment of such Domestic Subcustodian, and such Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic Subcustodian. If, following notice by the Custodian to each applicable Fund regarding appointment of a Domestic Subcustodian and the expiration of thirty (30) days after the date of such notice, such Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian as its subcustodian.

Appears in 33 contracts

Samples: Custodian Agreement (Fidelity Advisor Series Vi), Custodian Agreement (Variable Insurance Products Fund Iv), Custodian Agreement (Fidelity Garrison Street Trust)

Domestic Subcustodians. The Custodian may, at any time and from time to time, at its own expense, appoint any bank as defined in Section section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios the Fund as a subcustodian for purposes of holding cash, securities and other assets of such Portfolios the Fund and performing other functions of the Custodian within the United States (a "Domestic Subcustodian"); , provided that, that the Custodian shall notify each applicable the Fund in writing of the identity and qualifications of any proposed Domestic Subcustodian at least thirty (30) 30 days prior to appointment of such Domestic Subcustodian, and such the Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic Subcustodian. If, If following notice by the Custodian to each applicable the Fund regarding appointment of a Domestic Subcustodian and the expiration of thirty (30) 30 days after the date of such notice, such the Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian as its subcustodian.

Appears in 15 contracts

Samples: Custodian Agreement (Investors Fund Series), Custodian Agreement (Scudder Mutual Funds Inc), Custodian Agreement (Global/International Fund Inc)

Domestic Subcustodians. The Custodian may, at any time and from time to time, appoint any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios as a subcustodian for purposes of holding cash, securities and other assets of such Portfolios and performing other functions of the Custodian within the United States (a "Domestic Subcustodian"); provided that, the Custodian shall notify each applicable Fund in writing of the identity and qualifications of any proposed Domestic Subcustodian at least thirty (30) days prior to appointment of such Domestic Subcustodian, and such Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic Subcustodian. If, following notice by the Custodian to each applicable Fund regarding appointment of a Domestic Subcustodian and the expiration of thirty (30) days after the date of such notice, such Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian as its subcustodian.

Appears in 6 contracts

Samples: Custodian Agreement (Fidelity Private Credit Fund), Custodian Agreement (Fidelity Greenwood Street Trust), Custodian Agreement (Fidelity Commonwealth Trust II)

Domestic Subcustodians. Upon receipt of Proper Instructions and in accordance therewith, the Custodian may from time to time appoint one or more Domestic Subcustodians to hold and maintain Property of a Fund or a Series in the United States. The Custodian maymay also, at any time and from time to time, without instructions from a Fund or Series, select and appoint any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios as a subcustodian for purposes of holding cash, securities and other assets of such Portfolios and performing other functions of the Custodian within the United States (a "Domestic Subcustodian"); provided provided, that, the Custodian shall notify each applicable Fund in writing writing, by electronic transmission, facsimile transmission or in such other manner as the Funds and the Custodian may reasonably agree in writing, of the identity and qualifications of any proposed Domestic Subcustodian at least thirty (30) days prior to appointment of such Domestic Subcustodian, and such Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic Subcustodian. If, following notice by the Custodian to each applicable Fund regarding appointment of a Domestic Subcustodian and the expiration of thirty (30) days after the date of such notice, such Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian as its subcustodianSubcustodian.

Appears in 3 contracts

Samples: Custodian Agreement (Hartford Funds Master Fund), Agreement (Hartford Funds Master Fund), Agreement Between (Hartford HLS Series Fund Ii Inc)

Domestic Subcustodians. The Custodian may, at any time and from time to time, appoint any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios as a subcustodian for purposes of holding cash, securities and other assets of such Portfolios and performing other functions of the Custodian within the United States (a "Domestic Subcustodian"); provided that, the Custodian shall notify each applicable the Fund in writing of the identity and qualifications of any proposed Domestic Subcustodian at least thirty (30) days prior to appointment of such Domestic Subcustodian, and such the Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic Subcustodian. If, following notice by the Custodian to each applicable the Fund regarding appointment of a Domestic Subcustodian and the expiration of thirty (30) days after the date of such notice, such the Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian as its subcustodian.

Appears in 2 contracts

Samples: Custodian Agreement (Fidelity Rutland Square Trust), Custodian Agreement (Japan Fund Inc)

Domestic Subcustodians. The Custodian may, at any time and from time to time, appoint any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios as a subcustodian for purposes of holding cash, securities and other assets of such Portfolios and performing other functions of the Custodian within the United States (a "Domestic Subcustodian"); provided provided, that, the Custodian shall notify each applicable the Fund in writing of the identity and qualifications of any proposed Domestic Subcustodian at least thirty (30) days prior to appointment of such Domestic Subcustodian, and such the Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic Subcustodian. If, If following notice by the Custodian to each applicable the Fund regarding appointment of a Domestic Subcustodian and the expiration of thirty (30) days after the date of such notice, such the Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian as its subcustodian.

Appears in 2 contracts

Samples: Custodian Agreement (Fidelity Advisor Series I), Custodian Agreement (Fidelity Aberdeen Street Trust)

Domestic Subcustodians. The Custodian may, at any time and from time to time, appoint any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios as a subcustodian for purposes of holding cash, securities and other assets of such Portfolios the Fund and performing other functions of the Custodian within the United States (a "Domestic Subcustodian"); provided provided, that, the Custodian shall notify each applicable the Fund in writing of the identity and qualifications of any proposed Domestic Subcustodian at least thirty (30) days prior to appointment of such Domestic Subcustodian, and such the Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic Subcustodian. If, If following notice by the Custodian to each applicable the Fund regarding appointment of a Domestic Subcustodian and the expiration of thirty (30) days after the date of such notice, such the Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian as its subcustodian.

Appears in 1 contract

Samples: Custodian Agreement (Fidelity Advisor Korea Fund Inc)

AutoNDA by SimpleDocs

Domestic Subcustodians. The Custodian may, at any time and from time to time, appoint any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios as a subcustodian for purposes of holding cash, securities and other assets of such Portfolios and performing other functions of the Custodian within the United States (a "Domestic Subcustodian"); provided provided, that, the Custodian shall notify each applicable the Fund in writing of the identity and qualifications of any proposed Domestic Subcustodian at least thirty (30) days prior to appointment of such Domestic Subcustodian, and such the Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic Subcustodian. If, following notice by the Custodian to each applicable the Fund regarding appointment of a Domestic Subcustodian and the expiration of thirty (30) days after the date of such notice, such the Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian as its subcustodian.

Appears in 1 contract

Samples: Custodian Agreement (Pilot Funds)

Domestic Subcustodians. The Custodian may, at any time and from ---------------------- time to time, at its own expense, appoint any bank as defined in Section section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios the Fund as a subcustodian for purposes of holding cash, securities and other assets of such Portfolios the Fund and performing other functions of the Custodian within the United States (a "Domestic Subcustodian"); , provided that, that the Custodian shall notify each applicable the -------- Fund in writing of the identity and qualifications of any proposed Domestic Subcustodian at least thirty (30) 30 days prior to appointment of such Domestic Subcustodian, and such the Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic Subcustodian. If, If following notice by the Custodian to each applicable the Fund regarding appointment of a Domestic Subcustodian and the expiration of thirty (30) 30 days after the date of such notice, such the Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian as its subcustodian.

Appears in 1 contract

Samples: Custodian Agreement (Brazil Fund Inc)

Domestic Subcustodians. The Custodian may, at any time and from time to time, at its own expense, appoint any bank as defined in Section section 2(a)(5) of the 1940 Act meeting the requirements of a custodian Custodian under Section section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios the Fund as a subcustodian subCustodian for purposes of holding cash, securities and other assets of such Portfolios the Fund and performing other functions of the Custodian within the United States (a "Domestic SubcustodianSubCustodian"); , provided that, that the Custodian shall notify each applicable the Fund in writing of the identity and qualifications of any proposed Domestic Subcustodian SubCustodian at least thirty (30) 30 days prior to appointment of such Domestic SubcustodianSubCustodian, and such the Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic SubcustodianSubCustodian. If, If following notice by the Custodian to each applicable the Fund regarding appointment of a Domestic Subcustodian SubCustodian and the expiration of thirty (30) 30 days after the date of such notice, such the Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian SubCustodian as its subcustodiansubCustodian.

Appears in 1 contract

Samples: Custodian Agreement (DWS Advisor Funds)

Domestic Subcustodians. The Custodian may, at any time and from time to time, appoint any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios as a subcustodian for purposes of holding cash, securities and other assets of such Portfolios and performing other functions of the Custodian within the United States (a "Domestic Subcustodian"); provided that, the Custodian shall notify each applicable the Fund in writing of the identity and qualifications of any proposed Domestic Subcustodian at least thirty (30) days prior to appointment of such Domestic Subcustodian, and such the Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic Subcustodian. If, following notice by the Custodian to each applicable the Fund regarding appointment of a Domestic Subcustodian and the expiration of thirty (30) days after the date of such notice, such the Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian as its subcustodian.

Appears in 1 contract

Samples: Custodian Agreement (Fidelity Rutland Square Trust)

Domestic Subcustodians. The Custodian may, at any time and from time to time, at its own expense, appoint any bank as defined in Section section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of one or more Portfolios the Fund as a subcustodian for purposes of holding cash, securities and other assets of such Portfolios the Fund and performing other functions of the Custodian within the United States (a "Domestic Subcustodian"); , provided that, that the Custodian shall notify each applicable the Fund in writing of the identity and qualifications of any proposed Domestic Subcustodian at least thirty (30) 30 days prior to appointment of such Domestic Subcustodian, and such the Fund may, in its sole discretion, by written notice to the Custodian executed by an Authorized Person disapprove of the appointment of such Domestic Subcustodian. If, If following notice by the Custodian to each applicable the Fund regarding appointment of a Domestic Subcustodian and the expiration of thirty (30) 30 days after the date of such notice, such the Fund shall have failed to notify the Custodian of its disapproval thereof, the Custodian may, in its discretion, appoint such proposed Domestic Subcustodian as its subcustodian. 4.2.

Appears in 1 contract

Samples: Custodian Agreement (Latin America Dollar Income Fund Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.