Common use of MULTIPLE PORTFOLIOS Clause in Contracts

MULTIPLE PORTFOLIOS. The following new sentence is added immediately after the last sentence of Section 10, Paragraph “A”: The assets of one Portfolio cannot be used to satisfy the liabilities or obligations of another Portfolio under this Agreement.

Appears in 7 contracts

Sources: Custody and Investment Accounting Agreement (PIMCO California Flexible Municipal Income Fund), Custody and Investment Accounting Agreement (PIMCO Access Income Fund), Custody and Investment Accounting Agreement (PIMCO Flexible Emerging Markets Income Fund)