Common use of ENTRY SYSTEM Clause in Contracts

ENTRY SYSTEM. Provided (i) the Bank has received a certified copy of a resolution of the Directors of the Fund specifically approving deposits of the Fund assets in the Book-Entry System, indicating that, and (ii) for each year following such approval, the Directors of the Fund has reviewed and approved the arrangement and has not delivered an Officer's Certificate to the Bank indicating that it has withdrawn its approval:

Appears in 6 contracts

Samples: Custodian Agreement (Value Line Income Fund Inc), Custodian Agreement (Value Line Fund Inc), Custodian Agreement (Value Line Centurion Fund Inc)

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ENTRY SYSTEM. Provided (i) the Bank has received a certified copy of a resolution of the Directors Trustees of the Fund Trust specifically approving deposits of the Fund Trust assets in the Book-Entry System, indicating that, and (ii) for each year following such approval, the Directors Trustees of the Fund has Trust have reviewed and approved the arrangement and has have not delivered an Officer's Officers Certificate to the Bank indicating that it has the Trustees have withdrawn its their approval:

Appears in 1 contract

Samples: Custodian Agreement (Gmo Trust)

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