Common use of Monitoring Responsibilities Clause in Contracts

Monitoring Responsibilities. The Custodian shall furnish annually to each Fund, during the month of June, information concerning the foreign sub-custodians employed by the Custodian and such other information needed to permit the Fund to comply with Section 17f-5 under the 1940 Act. Such information shall be similar in kind and scope to that furnished to each Fund in connection with the initial approval of this Contract. In addition, the Custodian will promptly inform each Fund in the event that the Custodian learns of a material adverse change in the financial condition of a foreign sub-custodian or any material loss of the assets of each Fund or in the case of any foreign sub-custodian not the subject of an exemptive order from the Securities and Exchange Commission is notified by such foreign sub-custodian that there appears to be a substantial likelihood that its shareholders' equity will decline below $200 million (U.S. dollars or the equivalent thereof) or that its shareholders' equity has declined below $200 million (in each case computed in accordance with generally accepted U.S. accounting principles).

Monitoring Responsibilities. The Custodian shall furnish annually to each the Fund, during the month of June, information concerning the foreign sub-custodians employed by the Custodian and such other information needed to permit the Fund to comply with Section 17f-5 under the 1940 ActCustodian. Such information shall be similar in kind and scope to that furnished to each the Fund in connection with the initial approval of this amendment to the Custodian Contract, or mutual approval of the use of any sub-custodians employed by the Custodian. In addition, the Custodian will promptly inform each the Fund in the event vent that the Custodian learns of a material adverse change in the financial condition of a foreign sub-custodian or any material loss of the assets of each the Fund or in the case of any foreign sub-custodian not the subject of an exemptive order from the Securities and Exchange Commission is notified by such foreign sub-custodian that there appears to be a substantial likelihood that its shareholders' equity will decline below $200 million (U.S. dollars or the equivalent thereof) or that its shareholders' equity has declined decline below $200 million (in each case computed in accordance with generally accepted U.S. accounting principles).

Monitoring Responsibilities. The Custodian shall furnish annually to each Fund, during the month of June, information concerning the foreign sub-custodians employed by the Custodian and such other information needed to permit the Fund to comply with Section 17f-5 under the 1940 Act. Such information shall be similar in kind and scope to that furnished to each Fund in connection with the initial approval of this Contract. In addition, the Custodian will promptly inform each Fund in the event that the Custodian learns of a material adverse change in the financial condition of a foreign sub-custodian or any material loss of the assets of each Fund or in the case of any foreign sub-custodian not the subject of an exemptive order from the Securities and Exchange Commission is notified by such foreign sub-custodian that there appears to be a substantial likelihood that its shareholders' ’ equity will decline below $200 million (U.S. dollars or the equivalent thereof) or that its shareholders' ’ equity has declined below $200 million (in each case computed in accordance with generally accepted U.S. accounting principles).

Monitoring Responsibilities. The Custodian shall furnish annually to each the Fund, during the month of June, information concerning the foreign sub-custodians employed by the Custodian and such other information needed to permit the Fund to comply with Section 17f-5 under the 1940 ActCustodian. Such information shall be similar in kind and scope to that furnished to each the Fund in connection with the initial approval of this Contract. In addition, the Custodian will promptly inform each the Fund in the event that the Custodian will promptly inform the Fund in the event that the Custodian learns of a material adverse change in the financial condition of a foreign sub-custodian or any material loss of the assets of each the Fund or in the case of any foreign sub-custodian not the subject of an exemptive order from the Securities and Exchange Commission is notified by such foreign sub-custodian that there appears to be a substantial likelihood that its shareholders' equity will decline below $200 million (U.S. dollars or the equivalent thereof) or that its shareholders' equity has declined below $200 million (in each case computed in accordance with generally accepted U.S. accounting principles).

Monitoring Responsibilities. The Custodian shall furnish annually --------------------------- to each the Fund, during the month of JuneJune (or such other date as mutually agreed upon by the parties hereto), information concerning the foreign sub-custodians employed by the Custodian and such other information needed to permit the Fund to comply with Section 17f-5 under the 1940 ActCustodian. Such information shall be similar in kind and scope to that furnished to each the Fund in connection with the initial approval of this ContractAgreement. In addition, the Custodian will promptly inform each the Fund in the event that the Custodian learns of a material adverse change in the financial condition of a foreign sub-custodian or any material loss of the assets of each the Fund or in the case of any foreign sub-custodian not the subject of an exemptive order from the Securities and Exchange Commission is notified by such foreign sub-custodian that there appears to be a substantial likelihood that its shareholders' shareholders equity will decline below $200 million (U.S. dollars or the equivalent thereof) or that its shareholders' shareholders equity has declined below $200 million (in each case computed in accordance with generally accepted U.S. accounting principles).

Monitoring Responsibilities. The Custodian shall furnish annually to each the Fund, during the month of JuneJune (or such other date as mutually agreed upon by the parties hereto), information concerning the foreign sub-custodians employed by the Custodian and such other information needed to permit the Fund to comply with Section 17f-5 under the 1940 ActCustodian. Such information shall be similar in kind and scope to that furnished to each the Fund in connection with the initial approval of this ContractAgreement. In addition, the Custodian will promptly inform each the Fund in the event that the Custodian learns of a material adverse change in the financial condition of a foreign sub-custodian or any material loss of the assets of each the Fund or in the case of any foreign sub-custodian not the subject of an exemptive order from the Securities and Exchange Commission is notified by such foreign sub-custodian that there appears to be a substantial likelihood that its shareholders' shareholders equity will decline below $200 million (U.S. dollars or the equivalent thereof) or that its shareholders' shareholders equity has declined below $200 million (in each case computed in accordance with generally accepted U.S. accounting principles).