Common use of Exercise of Rights; Tender Offers Clause in Contracts

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer or trustee, for the purpose of exercise or sale, provided that the new securities, cash or other assets, if any, acquired as a result of such actions are to be delivered to the Custodian; and (b) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary action, unless otherwise directed to the contrary in Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownership, and shall promptly notify each applicable Fund of such action in writing by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer or trustee, for the purpose of exercise or sale, provided that the new securities, cash or other assets, if any, acquired as a result of such actions are to be delivered to the Custodian; and (b) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary action, unless otherwise directed to the contrary in Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownership, and shall promptly notify each applicable Fund of such action in writing by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing. Section 2.08.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: shall (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, futures contracts, options, rights or trustee, similar securities for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetssecurities and cash, if any, acquired as a result of by such actions action are to be delivered to the Custodian; , and (b) deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary action, unless otherwise directed to the contrary in by Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, redemptions or similar rights of security ownershipownership of which the Custodian receives notice or otherwise becomes aware, and shall promptly notify each applicable the Fund of any such action in writing by facsimile transmission or in such other manner as such the Fund and the Custodian may agree in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) shall deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, rights or trusteesimilar securities, for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetsProperty, if any, acquired as a result of by such actions are action is to be delivered to the Custodian; and (b) , and, upon receipt of Proper Instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary commercially reasonable action, unless otherwise directed to the contrary in Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownershipownership of which the Custodian has actual knowledge, and shall promptly notify each applicable Fund of such action in writing by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer or trustee, for the purpose of exercise or sale, provided that the new securities, cash or other assets, if any, acquired as a result of such actions are to be delivered to the Custodian; and (b) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities included in the Proper Instructions that are received in exchange for the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary action, unless otherwise action as directed to the contrary in Proper Instructions, Instructions to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownership, and shall promptly notify each applicable Fund the Trust or the Investment Adviser of such action in writing by facsimile transmission or in such other manner as such Fund and the Custodian Trust may agree designate in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer or trustee, for the purpose of exercise or sale, provided that the new securities, cash or other assets, if any, acquired as a result of such actions are to be delivered to the Custodian; and (b) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary action, unless otherwise directed to the contrary in Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownership, and shall promptly notify each applicable the Fund of such action in writing by facsimile transmission or in such other manner as such the Fund and the Custodian may agree in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer or trustee, for the purpose of exercise or sale, provided that the new securities, cash or other assets, if any, acquired as a result of such actions are to be delivered to the Custodian; and (b) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary action, unless otherwise directed to the contrary in Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownership, and shall promptly notify each applicable the Fund of such action in writing by facsimile transmission or in such other manner as such the Fund and the Custodian may agree in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) shall deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, rights or trusteesimilar securities, for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetsProperty, if any, acquired as a result of by such actions are action is to be delivered to the Custodian; and (b) , and, upon receipt of Proper Instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, unless otherwise directed in Proper Instructions that the Custodian under the existing facts and circumstances is able to implement, the Custodian shall take all necessary action, unless otherwise directed to the contrary in Proper Instructions, commercially reasonable action to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownershipownership of which the Custodian has actual knowledge, and shall promptly notify each applicable Fund of such action in writing by electronic transmission, facsimile transmission or in such other manner as such Fund and the Custodian may reasonably agree in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) shall deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, rights or trusteesimilar securities, for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetsProperty, if any, acquired as a result of by such actions are action is to be delivered to the Custodian; and (b) , and, upon receipt of Proper Instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, unless otherwise directed in Proper Instructions that the Custodian under the existing facts and circumstances is able to implement, the Custodian shall take all necessary action, unless otherwise directed to the contrary in Proper Instructions, commercially reasonable action to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownershipownership of which the Custodian has actual knowledge, and shall promptly notify each applicable Fund of such action in writing by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) shall deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, rights or trusteesimilar securities, for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetsProperty, if any, acquired as a result of by such actions are action is to be delivered to the Custodian; and (b) , and, upon receipt of Proper Instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary actioncommercially reasonable actions, unless otherwise directed to the contrary in Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownershipownership of which the Custodian has actual knowledge or of which the Custodian should have knowledge upon exercising the same level of good faith, reasonable care , diligence, and prudence as a professional custodian in performing its duties under this Agreement would have had, and shall promptly notify each applicable Fund of such action in writing by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) shall deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, rights or trusteesimilar securities, for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetsProperty, if any, acquired as a result of by such actions are action is to be delivered to the Custodian; and (b) , and, upon receipt of Proper Instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary commercially reasonable action, unless otherwise directed to the contrary in Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownershipownership of which the Custodian has actual knowledge, and shall promptly notify each applicable Fund of such action in writing by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing.each

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: shall (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, futures contracts, options, rights or trustee, similar securities for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetssecurities and cash, if any, acquired as a result of by such actions action are to be delivered to the Custodian; , and (b) deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary action, unless otherwise directed to the contrary in by Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, redemptions or similar rights of security ownershipownership of which the Custodian receives notice or otherwise becomes aware, and shall promptly notify each applicable the Fund of any such action in writing by facsimile transmission or in such other manner as such the Fund and the Custodian may agree in writing. 2.9.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer or trustee, for the purpose of exercise or sale, provided that the new securities, cash or other assets, if any, acquired as a result of such actions are to be delivered to the Custodian; and (b) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary action, unless otherwise directed to the contrary in Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownership, and shall promptly notify each applicable Fund the Company of such action in writing by facsimile transmission or in such other manner as such Fund the Company and the Custodian may agree in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer or trustee, for the purpose of exercise or sale, provided that the new securities, cash or other assets, if any, acquired as a result of such actions are to be delivered to the Custodian; and (b) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities included in the Proper Instructions that are received in exchange for the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary action, unless otherwise action as directed to the contrary in Proper Instructions, Instructions to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownership, and shall promptly notify each applicable Fund the Company or the Investment Adviser of such action in writing by facsimile transmission or in such other manner as such Fund and the Custodian Company may agree designate in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) shall deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, rights or trusteesimilar securities, for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetsProperty, if any, acquired as a result of by such actions are action is to be delivered to the Custodian; and (b) , and, upon receipt of Proper Instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary commercially reasonable action, unless otherwise directed to the contrary in Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, . calls, tenders, redemptions, or similar rights of security ownershipownership of which the Custodian has actual knowledge, and shall promptly notify each applicable Fund of such action in writing by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) shall deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, rights or trusteesimilar securities, for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetsProperty, if any, acquired as a result of by such actions are action is to be delivered to the Custodian; and (b) , and, upon receipt of Proper Instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be he returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary commercially reasonable action, unless otherwise directed to the contrary in Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownershipownership of which the Custodian has actual knowledge, and shall promptly notify each applicable Fund of such action in writing by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper --------------------------------- Instructions, the Custodian shall: shall (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, - or to the agent of such issuer either, warrants, puts, calls, futures contracts, options, rights or trustee, similar securities for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetssecurities and cash, if any, acquired as a result of by such actions action are -------- to be delivered to the Custodian; , and (b) deposit securities upon invitations - for tenders thereofof securities, provided that the consideration for such securities is to be paid or -------- delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary action, unless otherwise directed to the contrary in by Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, redemptions or similar rights of security ownershipownership of which the Custodian receives notice or otherwise becomes aware, and shall promptly notify each applicable the Fund of any such action in writing by facsimile transmission or in such other manner as such the Fund and the Custodian may agree in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) shall deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, rights or trusteesimilar securities, for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetsProperty, if any, acquired as a result of by such actions are action is to be delivered to the Custodian; and (b) , and, upon receipt of Proper Instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary commercially reasonable action, unless otherwise directed to the contrary in Proper Instructions, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownershipownership of which the Custodian has actual knowledge, and shall promptly notify each the relevant investment manager(s) of the applicable Fund of such action in writing by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing.

Exercise of Rights; Tender Offers. Upon receipt of Proper Instructions, the Custodian shall: (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer or trustee, for the purpose of exercise or sale, provided that the new securities, cash or other assets, if any, acquired as a result of such actions are to be delivered to the Custodian; and (b) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to the Custodian, or the tendered securities are to be returned to the Custodian. Notwithstanding any provision of this Agreement to the contrary, the Custodian shall take all necessary action, unless otherwise directed to the contrary in Proper Instructions, agreed to by the Custodian, to comply with the terms of all mandatory or compulsory exchanges, calls, tenders, redemptions, or similar rights of security ownership, and shall promptly notify each applicable Fund of such action in writing by facsimile transmission or in such other manner as such Fund and the Custodian may agree in writing. Section 2.08.