Float. Each Fund acknowledges that, as part of the Custodian’s compensation, the Custodian, to the extent permissible under applicable statutes, laws, rules and regulations, will earn interest on cash balances held by the Custodian as provided in the Custodian’s indirect compensation disclosures.
Appears in 26 contracts
Sources: Custodian Services Agreement (Western Asset Emerging Markets Debt Fund Inc.), Custodian Services Agreement (Western Asset High Income Opportunity Fund Inc.), Custodian Services Agreement (Western Asset High Yield Opportunity Fund Inc.)