FOREIGN DEPOSITORIES Sample Clauses
The FOREIGN DEPOSITORIES clause governs the use of custodians or storage facilities located outside the home country for holding assets or securities. It typically outlines the conditions under which assets may be deposited with foreign institutions, the responsibilities of the parties involved, and any additional risks or compliance requirements associated with such arrangements. This clause is essential for clarifying the procedures and protections in place when assets are held internationally, thereby managing risk and ensuring transparency for all parties.
FOREIGN DEPOSITORIES. 1. As used in this Article, the term "Foreign Depository" shall mean each Eligible Securities Depository as defined in Rule 17f-7 under the Investment Company Act of 1940, as amended (the "Rule"), identified to the Fund from time to time, and their respective successors and nominees.
FOREIGN DEPOSITORIES. With respect to Foreign Depositories, Custodian shall continuously monitor the eligibility of the Foreign Depositories and if, at any time, Custodian determines that any Foreign Depository no longer satisfies the requirements of SEC Rule 17F-5(c)(2), Custodian shall promptly provide written notice to Client and will act upon Authorized Instructions.
FOREIGN DEPOSITORIES. (a) As used in this Section, the term "Foreign Depository" shall mean (a) Euroclear, (b) Clearstream Banking, societe anonyme, (c) each Eligible Securities Depository as defined in Rule 17f-7 under the 1940 Act, identified to Customer from time to time, and (d) the respective successors and nominees of the foregoing.
FOREIGN DEPOSITORIES. Australia - Austraclear Limited Austria - Oesterreichische Kontrollbank AG Belgium - Caisse Interprofessionelle de Depots et de Virements de Titres S.A. Euroclear Denmark - Vaerdipapircentralen, The Danish Securities Center France - Societe Interprofessionelle pour la Compensation des Valeurs Mobilieres, SICOVAM Germany - Deutscher Kassenverein AG, DKV Italy - Monte Titoli, SpA Luxembourg - Centrale de Livraison de Valeurs Mobilieres SA (Cedel) Mexico - Instituto para el Deposito de Valores, INDEVAL Netherlands - Nederlands Centreal Instituut voor Giraal Effectenverkeer Norway - Verdipapirsentralen, The Norwegian Registry of Securities Poland - Centrum Krajowego Depozytu Papierow Wartosciowych