Overdrafts and Indebtedness. The Custodian may, in its sole discretion, advance funds in any currency hereunder. If an overdraft occurs in an Account (including, without limitation, overdrafts incurred in connection with the settlement of securities transactions, funds transfers or foreign exchange transactions) or if a Fund is for any other reason indebted to the Custodian (not to include indemnification payments contemplated under Section 9.8), the Fund agrees to repay the Custodian on demand or upon becoming aware of the amount of the advance, overdraft or indebtedness, plus accrued interest at a rate then charged by the Custodian to its institutional custody clients in the relevant currency.
Appears in 8 contracts
Samples: Custody Agreement (Nexpoint Real Estate Strategies Fund), Custody Agreement (Highland Income Fund\ma), Custody Agreement (NexPoint Strategic Opportunities Fund)
Overdrafts and Indebtedness. The Custodian may, in its sole discretion, advance funds in any currency hereunder. If an overdraft occurs in an Account (including, without limitation, overdrafts incurred in connection with the settlement of securities transactions, funds transfers or foreign exchange transactions) or if a Fund Series is for any other reason indebted to the Custodian (not to include indemnification payments contemplated under Section 9.8)Custodian, the Fund agrees to Custodian shall make available a report of such indebtedness and such Series shall repay the Custodian on demand or upon becoming aware of the amount of the advance, overdraft or indebtedness, plus accrued interest at a rate then charged by the Custodian to its institutional custody clients in the relevant currency.
Appears in 5 contracts
Samples: Custody Agreement (Invesco Management Trust), Custody Agreement (Invesco Exchange-Traded Fund Trust II), Custody Agreement (Aim Investment Securities Funds (Invesco Investment Securities Funds))
Overdrafts and Indebtedness. The Custodian may, in its sole discretion, advance funds in any currency hereunder. If an overdraft occurs in an Account (including, without limitation, overdrafts incurred in connection with the settlement of securities transactions, funds transfers or foreign exchange transactions) or if a the Fund is for any other reason indebted to the Custodian, the Custodian (not to include indemnification payments contemplated under Section 9.8), shall make available a report of such indebtedness and the Fund agrees to repay the Custodian on demand or upon becoming aware of the amount of the advance, overdraft or indebtedness, plus accrued interest at a rate then charged by the Custodian to its institutional custody clients in the relevant currency.
Appears in 2 contracts
Samples: Custody Agreement (Aquila Funds Trust), Custody Agreement (Aquila Municipal Trust)
Overdrafts and Indebtedness. The Custodian may, in its sole discretion, advance funds in any currency hereunder. If an overdraft occurs in an Account (including, without limitation, overdrafts incurred in connection with the settlement of securities transactions, funds transfers or foreign exchange transactions) or if a Fund is for any other reason indebted to the Custodian (not to include indemnification payments contemplated under Section 9.8)Custodian, the Custodian shall make available a report of such indebtedness and such Fund agrees to shall repay the Custodian on demand or upon becoming aware of the amount of the advance, overdraft or indebtedness, plus accrued interest at a rate then charged by the Custodian to its institutional custody clients in the relevant currency.
Appears in 1 contract
Samples: Custody Agreement (Invesco DB Commodity Index Tracking Fund)