Exercise of Rights; Tender Offers. Upon receipt of Instructions, State Street will: (1) 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 Assets, if any, are to be delivered to State Street; and (2) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to State Street or the tendered securities are to be returned to State Street.
Appears in 22 contracts
Samples: Investment Accounting Agreement (PIMCO Flexible Credit Income Fund), Investment Accounting Agreement (PIMCO Equity Series), Investment Accounting Agreement (PIMCO Flexible Emerging Markets Income Fund)
Exercise of Rights; Tender Offers. Upon receipt of Instructions, State --------------------------------- Street will: (1) 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 Assets, if any, are to be delivered to State Street; and (2) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to State Street or the tendered securities are to be returned to State Street.
Appears in 2 contracts
Samples: Custody Agreement (Lexington Natural Resources Trust), Investment Accounting Agreement (Pimco Funds Multi Manager Series)
Exercise of Rights; Tender Offers. Upon receipt of Instructions, State Street will: (1) 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 Assets, if any, are to be delivered to State Street; and (2) deposit securities securities, upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to State Street or the tendered securities are to be returned to State Street.
Appears in 2 contracts
Samples: Custody and Investment Accounting Agreement (PIMCO Energy & Tactical Credit Opportunities Fund), Custody and Investment Accounting Agreement (PIMCO Dynamic Income Opportunities Fund)
