Common use of Holding Securities Clause in Contracts

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, to be held by it in the United States, including all domestic securities owned by the Fund, Fund other than securities which are maintained pursuant to Section 2.12 2.8 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the TreasuryTreasury (each, collectively referred to herein as "a “U.S. Securities System"”).

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fundfund, other than (a) securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System.".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, to be held by it in the United States, including all domestic securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, to be held by it in the United States including all domestic securities owned by the Fund, other than (a) securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".Section

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System"" as defined in Section 2.12 hereof.

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 L of Article II in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities SystemSystems".

Holding Securities. The Custodian shall hold and physically segregate in a separate account for the account of the Fund all non-cash propertyproperty of the Fund, including all securities owned by the Fund, other than except that securities which are maintained pursuant to Section 2.12 L of Article II hereof in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities SystemSystems", shall be identified as belonging to the Fund.

Holding Securities. The Custodian shall hold will hold, earmark and physically segregate for the account of the each Fund all non-cash property, including all securities owned by the FundTrust on behalf of the Fund(s), other than securities which are maintained pursuant to Article II, Section 2.12 J hereof in a clearing agency which acts as a securities depository or in a an authorized book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System.".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-non- cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".to

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "“Securities System"”.

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, to be held by the Custodian, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the TreasuryTreasury (each, collectively referred to herein as a "Securities System".)

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund Trust all non-cash property, including all securities owned by the FundTrust, other than securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System".

Holding Securities. The Custodian shall hold hold, earmark and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than foreign securities that are held by another custodian and securities which are maintained pursuant to Section 2.12 L of this Article II, in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities SystemSystems.".

Holding Securities. The Custodian shall hold and physically segregate for the account of the each Fund all non-cash propertyproperty to be held by it in the United States, including all domestic securities owned by the such Fund, other than securities which are maintained pursuant to Section 2.12 2.9 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the TreasuryTreasury and certain federal agencies (each, collectively referred to herein as "a “U.S. Securities System"”).

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than (a) securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-book- entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 2.11 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the TreasuryTreasury and certain federal agencies, collectively referred to herein as a "Securities System.".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund each Portfolio all non-cash property, including all securities owned by the Fundsuch Portfolio, other than (a) securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".,

Holding Securities. The Custodian shall hold and physically segregate for the account of the each Fund all non-cash property, including all securities owned by the such Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities SystemSystems.".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund Trust all non-cash property, including all securities owned by the FundTrust, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, to be held by it in the United States, including all domestic securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. U. S. Department of the Treasury, collectively referred to herein as "Securities System.".

Holding Securities. The Custodian shall hold and physically segregate for the account of each Fund of the Fund Trust all non-cash property, including all securities owned by the FundTrust, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund Trust all non-cash property, including all securities owned by the FundTrust, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund Trust all non-cash property, including all securities owned by the FundTrust, other than securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund each Portfolio all non-cash property, including all securities owned by the Fundsuch Portfolio, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".. 2.2

Holding Securities. The Custodian shall hold will hold, earmark and physically segregate for the account of the each Fund all non-cash property, including all securities owned by the FundTrust on behalf of the Fund(s), other than securities which are maintained pursuant to Article II, Section 2.12 J hereof in a clearing agency which acts as a securities depository or in a an authorized book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "a ``Securities System".''

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund Trust all non-cash property, including all securities owned by the FundTrust, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System.".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 2.11 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the each Fund all non-cash property, to be held by it in the United States including all domestic securities owned by the such Fund, other than securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, Treasury and certain federal agencies (collectively referred to herein as a "U.S. Securities System").

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than (a) securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System".

Holding Securities. The Custodian shall hold hold, earmark and physically segregate for the account of the each Fund all non-cash property, including all securities owned by the FundTrust on behalf of the Fund(s), other than securities which are maintained pursuant to Section 2.12 J of the this Article II, in a clearing agency which acts as a securities depository or in a book-book- entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System.".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Trust on behalf of each Fund all non-cash property, including all securities investments owned by the Fund, other than (a) securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the TreasuryTreasury and certain federal agencies (each, collectively referred to herein as a "U.S. Securities System").

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than (a) securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System"." and (b) commercial paper of an issuer for which State Street Bank and Trust Fund

Holding Securities. The Custodian shall hold will hold, earmark and physically segregate for the account of the Fund Funds all non-cash property, including all securities owned by the FundFunds, other than securities which are maintained pursuant to Section 2.12 J hereof in a clearing agency which acts as a securities depository or in a an authorized book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System.".

Holding Securities. The Custodian shall hold and physically ------------------ segregate for the account Trust on behalf of the each Fund all non-cash property, including all securities investments owned by the Fund, other than (a) securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-book- entry system authorized by the U.S. Department of the TreasuryTreasury and certain federal agencies (each, collectively referred to herein as a "U.S. Securities System").

Holding Securities. The Custodian shall hold hold, earmark and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 J of this Article II in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the TreasuryTreasury and certain federal agencies, collectively referred to herein as a "Securities System.".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, to be held by it in the United States, including all domestic securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "“Securities System"”.

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, to be held by it in the United States, including all domestic securities owned by the Fund, other than (a) securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System"." and

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash propertyproperty to be held by it in the United States, including all domestic securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 2.8 in a clearing agency which acts as a securities depository depository, or in a the book-entry system authorized by the U.S. Department of the TreasuryTreasury and certain federal agencies (each, collectively referred to herein as "a ‘‘Securities System"’’).

Holding Securities. The Custodian shall hold held and physically segregate for the account of the Fund all non-cash property. to be held by It in the United States, including Including all securities domestic sucurities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency &Sauey which acts as a securities depository depositary or in In a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate in a separate account for the account of the Fund all non-cash propertyproperty to be held by it in the United States, including all domestic securities owned by the Fund, other than except that securities which are maintained pursuant to Section 2.12 L of Article II hereof in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System"Systems," shall be identified as belonging to the Fund.

Holding Securities. The Custodian Bank shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than (a) securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the FundFund on behalf of the Series, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, to be held by it in the United States including all domestic securities owned by the Fund, other than (a) securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".to

Holding Securities. The Custodian shall hold will hold, earmark and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Article II, Section 2.12 J hereof in a clearing agency which acts as a securities depository or in a book-an authorized book- entry system authorized by the U.S. Department of the Treasury, collectively referred to herein which is a Securities System as "Securities System"defined in Article II, Section J below.

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, to be held by it in the United States, including all domestic securities owned by the Fund, other than (a) securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".,

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System.".

Holding Securities. The Custodian shall hold will hold, earmark and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 J hereof in a clearing agency which acts as a securities depository or in a an authorized book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System"." All cash, securities and other non-cash property of a Fund shall be identified as belonging to the Fund.

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash noncash property, to be held by it in the United States, including all domestic securities owned by the Fund, other than (a) securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".as

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund each Series all non-cash property, including all securities owned by the FundFund on behalf of the Series, other than securities which are maintained pursuant to Section 2.12 2.9 by the Depository Trust Company or in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "a “Securities System".”

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 L of Article II hereof in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System"" as defined in such section.

Holding Securities. The Custodian shall hold will hold, earmark and physically segregate for the account of the each Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 J hereof in a clearing agency which acts as a securities depository or in a an authorized book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "a “Securities System".” All cash, securities and other non-cash property of a Fund shall be identified as belonging to such Fund.

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 K of Article II in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities SystemSystems.".

Holding Securities. The Custodian shall hold and physically segregate in a separate account for the account of the Fund all non-non- cash propertyproperty of the Fund, including all securities owned by the Fund, other than except that securities which are maintained pursuant to Section 2.12 L of Article II hereof in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities SystemSystems", shall be identified as belonging to the Fund.

Holding Securities. The Custodian shall hold hold, earmark and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 L of this Article II, in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities SystemSystems.".

Holding Securities. The Custodian shall hold and ------------------ physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the each Fund all non-cash property, including 2 all securities securities, owned by the Trust and allocated to that Fund, other than securities which that are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System.".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "“Securities System"”.

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System.".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-non- cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System"." 2.2

Holding Securities. The Custodian shall hold and physically ------------------ segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the each Fund all non-cash property, including all securities owned by the each Fund, other than (a) securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "a “Securities System".”

Holding Securities. The Custodian shall hold hold, earmark and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 J of this Article II in a clearing agency which acts as a securities depository or in a bookBook-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities SystemSystems.".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 2.10 of this Agreement in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, to be held by it in the United States, including all domestic securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System.".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as a "Securities System"." 2.2

Holding Securities. The Custodian Depository shall hold and physically ------------------ segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 2.5 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the each Fund all non-cash property, including all securities owned by the such Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".than

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, to be held by it in the United States, including all domestic securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, to be held by it in the United States, including all domestic securities owned by the Fund, Fund other than (a) securities which are maintained pursuant to Section 2.12 2.8 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the TreasuryTreasury (each, collectively referred to herein as a "Securities SystemU.S. SECURITIES SYSTEM".) and (b) the Underlying Shares owned by the Fund which are maintained pursuant to

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 L of Article II in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate ------------------ for the account of the Fund all non-cash property, to be held by it in the United States, including all domestic securities owned by the Fund, other than (a) securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".as

Holding Securities. The Custodian shall hold and physically segregate ------------------ for the account of the Fund all non-cash property, to be held by it in the United States, including all domestic securities owned by the Fund, other than (a) securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".,

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund Borrower all non-cash property, including all securities securities, owned by the FundBorrower, other than securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the TreasuryTreasury and certain federal agencies (each, collectively referred to herein as "a “Securities System"”).

Holding Securities. The Custodian shall hold and physically segregate for the account of the each Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency registered with the Securities and Exchange Commission under Section 17A of the Securities Exchange Act of 1934 ("Exchange Act") which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the TreasuryTreasury and certain federal agencies, collectively referred to herein as a "Securities System.".

Holding Securities. The Custodian shall hold and physically segregate for the account of the each Fund all non-cash property, to be held by the Custodian, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 2.10 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the TreasuryTreasury (each, collectively referred to herein as a "Securities System".)

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fundfund, other than securities which are maintained pursuant to Section 2.12 L of Article II hereof in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System"" as defined in such section.

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-non- cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities System".

Holding Securities. The Custodian shall hold and physically segregate for the account of the Fund all non-cash property, including all securities owned by the Fund, other than securities which are maintained pursuant to Section 2.12 L of Article II hereof in a clearing agency which acts as a securities depository or in a book-entry system authorized by the U.S. Department of the Treasury, collectively referred to herein as "Securities SystemSystems.".