Monitoring System. In each case in which the Custodian has exercised delegated authority to place Assets with a Foreign Custodian, the Custodian shall establish a system, to re-assess or re-evaluate selected Foreign Custodians, at least annually in accordance with Rule 17f-5(c)(3).
Appears in 86 contracts
Samples: Mutual Fund Custody and Services Agreement (Gabelli Global Healthcare & WellnessRx Trust), Mutual Fund Custody and Services Agreement (Optimum Fund Trust), Mutual Fund Custody and Services Agreement (Delaware Group Equity Funds Iii)
Monitoring System. In each case in which the Custodian as Foreign Custody Manager has exercised delegated authority to place Assets with a Foreign Custodian, the Custodian shall establish a system, to re-assess or re-evaluate selected such Foreign Custodians, at least annually in accordance with Rule 17f-5(c)(3) and to notify the Company immediately if any such Foreign Custodian is determined by the Custodian to no longer satisfy the requirements of Rule 17f-5 (c).
Appears in 5 contracts
Samples: Services Agreement (Gabelli Utility Trust), Services Agreement (Gabelli Utility Trust), And Services Agreement (Tweedy Browne Fund Inc)
Monitoring System. In each case in which the Custodian has exercised ----------------- delegated authority to place Assets with a Foreign Custodian, the Custodian shall establish a system, to re-assess or re-evaluate selected Foreign Custodians, at least annually in accordance with Rule 17f-5(c)(3).
Appears in 2 contracts
Samples: And Services Agreement (Lincoln Advisors Trust), And Services Agreement (Lincoln Variable Insurance Products Trust)
Monitoring System. In each case in which the Custodian has exercised delegated authority to place Foreign Assets with a an Eligible Foreign Custodian, the Custodian shall establish a system, to re-assess or re-evaluate selected Eligible Foreign Custodians, at least annually in accordance with Rule 17f-5(c)(3).
Appears in 1 contract
Samples: Custody and Services Agreement (Dean Family of Funds)
Monitoring System. In each case in which the Custodian has exercised delegated authority to place Assets with a Foreign Custodian, the Custodian shall establish a system, system to re-assess or re-evaluate selected Foreign Custodians, Custodians at least annually in accordance with Rule 17f-5(c)(3).
Appears in 1 contract
Samples: Custody and Services Agreement (Dreyfus Founders Funds Inc)
Monitoring System. In each case in which the Custodian has exercised delegated its authority to place Assets with a Foreign Custodian, the Custodian shall establish a system, to re-assess or re-evaluate selected Foreign Custodians, at least annually in accordance with Rule 17f-5(c)(3).
Appears in 1 contract
Samples: Mutual Fund Custody and Services Agreement (Manning & Napier Fund, Inc /Ny/)
