Other Assets Sold. Upon receipt of Instructions and except as otherwise provided herein, the Custodian shall receive payment for and deliver other Assets for the account of a Fund as provided in Instructions.
Other Assets Sold. 9 Options ..........................................................9
Other Assets Sold. Upon receipt of Instructions and except as otherwise provided herein, the Custodian shall receive payment for and deliver other Assets for the account of a Fund as provided in Instructions. (g) Options. (1) Upon receipt of Instructions relating to the purchase of an option or sale of a covered call option, the Custodian shall: (a) receive and retain Instructions or other documents, to the extent they are provided to the Custodian, evidencing the purchase or writing of the option by a Fund; (b) if the transaction involves the sale of a covered call option, deposit and maintain in a segregated account the Securities (either physically or by book-entry in a Securities System) subject to the covered call option written on behalf of such Fund; and (c) pay, release and/or transfer such Securities, cash or other Assets in accordance with any notices or other communications evidencing the expiration, termination or exercise of such options which are furnished to the Custodian by the Options Clearing Corporation (the "OCC"), the securities or options exchanges on which such options were traded, or such other organization as may be responsible for handling such option transactions. (2) Upon receipt of Instructions relating to the sale of a naked option (including stock index and commodity options), the Custodian, the Trust on behalf of the appropriate Fund and the broker-dealer 7
Other Assets Sold. Seller agrees to sell, transfer, convey, ----------------- assign, and deliver to Purchaser, and Purchaser agrees to purchase and accept from Seller, at the Closing upon the terms and subject to the conditions hereinafter set forth, the following assets, properties and rights (the "Other Assets"): All of Seller's right, title and interest in and to (i) the fixed assets, personal property, furniture, furnishings, and equipment located in and used in connection with the operation of the DAI offices, as described in Exhibit 4.01(a) attached hereto and incorporated herein, together with any --------------- manufacturer's warranties on any of the foregoing that are assignable and in effect, but excluding those items of personal property described in Exhibit 4. ---------- 01 (b) attached hereto, (ii) all insurance accounts held in the name of Seller, ------ and (iii) all so-called P&L loans of Seller including, but not limited to, those described on Exhibit ------- 4.01(c) attached hereto. It is understood and agreed that Purchaser will not ------- assume any real or personal property lease obligations of Seller except as specifically set forth in Section 2.0l hereof.
