Common use of Futures Contracts Clause in Contracts

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the Fund; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund as initial, maintenance or variation "margin" deposits (including xxxx-to-market payments) intended to secure the Fund's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by Fund, in accordance with the provisions of any agreement or agreements among the Fund, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules.

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the Fund; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund as initial, maintenance or variation "margin" deposits (including xxxxmark-toxx-market payments) intended to secure the Fund's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by Fund, in accordance with the provisions of any agreement or agreements among the Fund, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules.

Futures Contracts. The Custodian shall, upon Upon receipt of proper instructions, to receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the Corporation on behalf of the Fund; to deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Corporation on behalf of the Fund as initial, maintenance or variation "margin" deposits (including xxxx-to-market payments) intended to secure the Fund's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by the Corporation on behalf of the Fund, in accordance with the provisions of any agreement or agreements among any of Corporation on behalf of the Fund, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market Contract Market, or commodities exchange or any similar organization or organizations, regarding such margin deposits or paymentsdeposits; and to release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules.

Futures Contracts. The Custodian shall, upon Upon receipt of proper instructionsProper Instructions, to receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the a Fund; to deposit and maintain in a segregated account, for the - 8 - benefit of any futures commission, merchant or to pay to such futures commission merchant, assets designated by the Fund as initial, maintenance or variation "margin" deposits (including xxxx-to-market payments) intended to secure the Fund's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by the Fund, in accordance with the provisions of any agreement or agreements among any of the Fund, the Custodian and such futures commission merchant, designed designated to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market market, the Securities and Exchange Commission or commodities exchange or any similar organization or organizations, regarding such margin deposits or paymentsdeposits; and to release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules.

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the FundTrust; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund Trust as initial, maintenance or variation "margin" deposits (including xxxxmark-to-market payments) intended to secure the FundTrust's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by FundTrust, in accordance with the provisions of any agreement or agreements among the FundTrust, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules.or

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the Fund; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund as initial, maintenance or variation "margin" deposits (including xxxxmark-to-market payments) intended to secure sexxxx the Fund's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by Fund, in accordance with the provisions of any agreement or agreements among the Fund, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules.

Futures Contracts. The Custodian shall, upon receipt of proper ----------------- instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the Fund; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund as initial, maintenance or variation "margin" deposits (including xxxx-to-market payments) intended to secure the Fund's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by Fund, in accordance with the provisions of any agreement or agreements among the Fund, the Custodian Custodian, and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules.

Futures Contracts. The Custodian shall, upon Upon receipt of proper instructionsProper Instructions, to receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the a Fund; to deposit and maintain in a segregated account, for the benefit of any futures commission merchant or to pay to such futures commission merchant, assets designated by the a Fund as initial, maintenance or variation "margin" deposits (including xxxx-to-market payments) intended to secure the such Fund's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by such Fund, in accordance with the provisions of any agreement or agreements among the any of a Fund, the Custodian and such futures commission merchant, designed designated to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market market, the Securities and Exchange Commission or commodities exchange or any similar organization or organizations, regarding such margin deposits or paymentsdeposits; and to release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules.

Futures Contracts. The Custodian shall, upon Upon receipt of proper instructionsProper Instructions, to receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the a Fund; to deposit and maintain in a segregated account, for the benefit of any futures commission, merchant or to pay to such futures commission merchant, assets designated by the Fund as initial, maintenance or variation "margin" deposits (including xxxx-to-market payments) intended to secure the Fund's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by the Fund, in accordance with the provisions of any Any agreement or agreements among any of the Fund, the Custodian and such futures commission merchant, designed designated to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market market, the Securities and Exchange Commission or commodities exchange or any similar organization or organizations, regarding such margin deposits or paymentsdeposits; and to release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules.

Futures Contracts. The Custodian shall, upon Upon receipt of proper instructionsProper Instructions, to receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the a Fund; to deposit and maintain in a segregated account, for the benefit of any futures commission merchant or to pay to such - 8 - futures commission merchant, assets designated by the a Fund as initial, maintenance or variation "margin" deposits (including xxxx-to-market payments) intended to secure the such Fund's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by such Fund, in accordance with the provisions of any agreement or agreements among the any of a Fund, the Custodian and such futures commission merchant, designed designated to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market market, the Securities and Exchange Commission or commodities exchange or any similar organization or organizations, regarding such margin deposits or paymentsdeposits; and to release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules.

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the FundTrust; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund Trust as initial, maintenance or variation "margin" deposits (including xxxxmark-to-market payments) intended to secure the FundTrust's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by Fundthe Trust, in accordance with the provisions of any agreement or agreements among the FundTrust, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules. The Custodian and the futures commission merchant shall be responsible for the sufficiency of assets held in the segregated account in compliance with the applicable margin maintenance and mark-to-market payment requirements.