Common use of Income and Principal Clause in Contracts

Income and Principal. Custodian or its designated Sub-Agents are authorized, as Principal's agent, to surrender against payment maturing obligations and obligations called for redemption, and to collect and receive payments of interest and principal, dividends, warrants, and other things of value in connection with Securities. Absent written instructions from Principal or Manager, funds will remain in the currency of collection upon receipt of payment.

Income and Principal. Custodian or its designated Sub-Agents are authorized, as Principal's a Fund’s agent, to surrender against payment maturing obligations and obligations called for redemption, and to collect and receive payments of interest and principal, dividends, warrants, and other things of value in connection with that Fund’s Securities. Absent written instructions from Principal the applicable Fund or Manager, funds will remain in the currency of collection upon receipt of payment. 7.9.

Income and Principal. Custodian or its designated Sub-Agents are authorized, as PrincipalTrust's agent, to surrender against payment maturing obligations and obligations called for redemption, and to collect and receive payments of interest and principal, dividends, warrants, and other things of value in connection with Securities. Absent written instructions from Principal Trust or Manager, funds will remain in the currency of collection upon receipt of payment.

Income and Principal. Custodian or its designated Sub-Agents are authorized, as Principal's ’s agent, to surrender against payment maturing obligations and obligations called for redemption, and to collect and receive payments of interest and principal, dividends, warrants, and other things of value in connection with Securities. Absent written instructions from Principal or Manager, funds will remain in In the currency of collection upon receipt of payment.

Income and Principal. Custodian or its designated Sub-Agents are authorized, as Principal's a Fund’s agent, to surrender against payment maturing obligations and obligations called for redemption, and to collect and receive payments of interest and principal, dividends, warrants, and other things of value in connection with that Fund’s Securities. Absent written instructions from Principal the applicable Fund or Manager, funds will remain in the currency of collection upon receipt of payment.

Income and Principal. Custodian or its designated Sub-Agents are authorized, as Principal's agent, to surrender against payment maturing obligations and obligations called for redemption, and to collect and receive payments of interest and principal, dividends, warrants, and other things of value in connection with Securities. Absent written instructions from Principal or ManagerUnion Bank, funds will remain in the currency N.A. (2012_0920) Page 6 of collection upon receipt of payment.16

Income and Principal. Custodian or its designated Sub-Agents are authorized, as Principal's agent, to surrender against payment maturing obligations and obligations called for redemption, and to collect and receive payments of interest and principal, dividends, warrants, and other things of value in connection with Securities. Absent written instructions from Principal or Manager, funds f unds will remain in the currency of collection upon receipt of payment.