Common use of Monitoring of Eligible Foreign Custodians Clause in Contracts

Monitoring of Eligible Foreign Custodians. In exercising the authority delegated under this Agreement to establish a system to Monitor the appropriateness of maintaining Foreign Assets with an Eligible Foreign Custodian or the appropriateness of a written contract governing Fund's foreign custody arrangements, Delegate shall consider any factors and criteria set forth in Appendix D to this Agreement. If, as a result of its Monitoring of Eligible Foreign Custodian relationships hereunder or otherwise, Delegate determines in its sole discretion that it is in the best interest of the safekeeping of the Foreign Assets to move such Foreign Assets to a different Eligible Foreign Custodian, Delegate shall effectuate the transfer of such Foreign Assets to a new Eligible Foreign Custodian as soon as is reasonably practicable. The Fund shall bear any expense related to such relocation of Foreign Assets.

Monitoring of Eligible Foreign Custodians. In exercising the authority delegated under this Agreement to establish a system to Monitor the appropriateness of maintaining Foreign Assets with an Eligible Foreign Custodian or the appropriateness of a written contract governing Fundthe Trust's foreign custody arrangements, Delegate shall consider any factors and criteria set forth in Appendix D to this Agreement. If, as a result ---------- of its Monitoring of Eligible Foreign Custodian relationships hereunder or otherwise, the Delegate determines in its sole discretion that it is in the best interest of the safekeeping of the Foreign Assets to move such Foreign Assets to a different Eligible Foreign Custodian, Delegate shall effectuate the transfer of such Foreign Assets to a new Eligible Foreign Custodian as soon as is reasonably practicable. The Fund Trust shall bear any expense related to such relocation of Foreign Assets.

Monitoring of Eligible Foreign Custodians. In exercising the authority delegated under this Agreement to establish a system to Monitor the appropriateness of maintaining Foreign Assets with an Eligible Foreign Custodian or the appropriateness of a written contract governing Fundthe Trust's foreign custody arrangements, Delegate Bank shall consider any factors and criteria set forth in Appendix D Schedule 2 to this Agreement. If, as a result of its Monitoring of Eligible Foreign Custodian relationships hereunder or otherwise, Delegate the Bank determines in its sole discretion that it is in the best interest of the safekeeping of the Foreign Assets to move such Foreign Assets to a different Eligible Foreign Custodian, Delegate shall effectuate the transfer of such Foreign Assets to a new Eligible Foreign Custodian as soon as is reasonably practicable. The Fund Trust shall bear any expense related to such relocation of Foreign Assets.