Common use of Overdrafts Clause in Contracts

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A hereto (as amended from time to time)

Appears in 43 contracts

Sources: Custody Agreement (RJ Private Credit Income Fund), Custody Agreement (IDA Private Access Fund), Custody Agreement (USVC Venture Capital Access Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A B hereto (as amended from time to time)

Appears in 41 contracts

Sources: Custody Agreement (Total Return Securities Fund), Custody Agreement (Axxes Opportunistic Credit Fund), Custody Agreement (WTI Fund XI, Inc.)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A B hereto (as amended from time to time).

Appears in 16 contracts

Sources: Custody Agreement (High Income Securities Fund), Custody Agreement (Delaware Wilshire Private Markets Tender Fund), Custody Agreement (Angel Oak Dynamic Financial Strategies Income Term Trust)

Overdrafts. The Each Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The A Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A B hereto (as amended from time to time).

Appears in 10 contracts

Sources: Multi Trust Custody Agreement (SEI Catholic Values Trust), Multi Trust Custody Agreement (Sei Daily Income Trust /Ma/), Multi Trust Custody Agreement (Sei Institutional Managed Trust)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may may, but is under no obligation to, obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A B hereto (as amended from time to time)

Appears in 9 contracts

Sources: Custody Agreement (Oaktree Diversified Income Fund Inc.), Custody Agreement (Oaktree Diversified Income Fund Inc.), Custody Agreement (Brookfield Real Assets Income Fund Inc.)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A D hereto (as amended from time to time).

Appears in 7 contracts

Sources: Custody Agreement (City National Rochdale Structured Claims Fixed Income Fund LLC), Custody Agreement (DoubleLine Opportunistic Credit Fund), Custody Agreement (Rochdale High Yield Advances Fund LLC)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A C hereto (as amended from time to time).

Appears in 6 contracts

Sources: Custody Agreement (DoubleLine Shiller CAPE Enhanced Income Fund), Custody Agreement (DoubleLine Opportunistic Credit Fund), Custody Agreement (Tortoise Pipeline & Energy Fund, Inc.)

Overdrafts. The Each Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The A Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A C hereto (as amended from time to time).

Appears in 4 contracts

Sources: Custody Agreement (Vs Trust), Custody Agreement (Tidal ETF Trust), Custody Agreement (Salt Funds Trust)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A D hereto (as amended from time to time)

Appears in 4 contracts

Sources: Custody Agreement, Custody Agreement (DoubleLine Income Solutions Fund), Custody Agreement (Cornerstone Total Return Fund Inc)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A hereto (as amended from time to time).

Appears in 4 contracts

Sources: Custody Agreement (Privacore VPC Asset Backed Credit Fund), Custody Agreement (TCW Spirit Direct Lending LLC), Custody Agreement (Comvest Credit Partners BDC Fund, L.P.)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A C hereto (as amended from time to time)

Appears in 4 contracts

Sources: Custody Agreement (Bridges Investment Fund Inc), Custody Agreement (Barrett Opportunity Fund, Inc.), Custody Agreement (Alpha Architect ETF Trust)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may may, but is under no obligation to, obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A D hereto (as amended from time to time)

Appears in 4 contracts

Sources: Custody Agreement (Special Opportunities Fund, Inc.), Custody Agreement (Helios Total Return Fund Inc), Custody Agreement (Brookfield Global Listed Infrastructure Income Fund Inc.)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its the custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A C hereto (as amended from time to time).

Appears in 3 contracts

Sources: Custody Agreement (Cushing Royalty & Income Fund), Custody Agreement (Cushing MLP Infrastructure Fund), Custody Agreement (Cushing Royalty & Income Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may may, but is under no obligation to, obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A hereto (as amended from time to time)

Appears in 2 contracts

Sources: Custody Agreement (Oaktree Asset-Backed Income Fund Inc.), Custody Agreement (Oaktree Asset-Backed Income Private Fund Inc.)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A B hereto (as amended from time to timetime upon written agreement of the Custodian and Fund).

Appears in 2 contracts

Sources: Custody Agreement (AIP Alternative Lending Fund P), Custody Agreement (AIP Alternative Lending Fund A)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its the custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A B hereto (as amended from time to time).

Appears in 2 contracts

Sources: Custody Agreement (Cushing Renaissance Fund), Custody Agreement (Cushing Renaissance Fund)

Overdrafts. The Fund is Funds are responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund Funds may obtain a formal line of credit for potential overdrafts of its the custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A D hereto (as amended from time to time).

Appears in 2 contracts

Sources: Custody Agreement (Salient MLP & Energy Infrastructure Fund), Custody Agreement (Salient MLP & Energy Infrastructure Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A D hereto (as amended from time to time)

Appears in 1 contract

Sources: Custody Agreement (Rochdale International Trade Fixed Income Fund)

Overdrafts. The Fund is Funds are responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund Funds may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A C hereto (as amended from time to time)

Appears in 1 contract

Sources: Custody Agreement (PNMAC Mortgage Opportunity Fund LP)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with to the fee schedule set forth on Exhibit A hereto account at the rate of prime interest rate plus 2% (as amended from time to time).

Appears in 1 contract

Sources: Custody Agreement (Babson Capital Global Short Duration High Yield Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A C hereto (as amended from time to time),

Appears in 1 contract

Sources: Custody Agreement (DoubleLine Yield Opportunities Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A B hereto (as amended from time to time)) 03/21/2017 14

Appears in 1 contract

Sources: Custody Agreement (City National Rochdale Select Strategies Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain mayobtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A B hereto (as amended from time to time)

Appears in 1 contract

Sources: Custody Agreement (Miller/Howard High Income Equity Fund)

Overdrafts. The Each Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The A Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A C hereto (as amended from time to time)

Appears in 1 contract

Sources: Custody Agreement (New Covenant Funds)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A B hereto (as amended from time to time)) ARTICLE VIII.

Appears in 1 contract

Sources: Custody Agreement (WTI Fund X, Inc.)

Overdrafts. The Each Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund Trust may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A B hereto (as amended from time to time).

Appears in 1 contract

Sources: Custody Agreement (DoubleLine Funds Trust)

Overdrafts. The Each Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Each Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A hereto (as amended from time to time)

Appears in 1 contract

Sources: Custody Agreement (NB Asset-Based Credit Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may may, but is under no obligation to, obtain a formal line of credit for potential overdrafts of its custody accountany Fund Custody Account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A B hereto (as amended from time to time)

Appears in 1 contract

Sources: Custody Agreement (New Ireland Fund Inc)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short short-term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A hereto (as amended from time to time).

Appears in 1 contract

Sources: Custody Agreement (Stone Ridge Trust VIII)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may may, but is under no obligation to, obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A B hereto (as amended from time to time).

Appears in 1 contract

Sources: Custody Agreement (Brookfield High Income Fund Inc.)

Overdrafts. The Fund is Funds are responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund Funds may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A D hereto (as amended from time to time)

Appears in 1 contract

Sources: Custody Agreement (PNMAC Mortgage Opportunity Fund, LLC)

Overdrafts. The Each Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The A Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit A B hereto (as amended from time to time)

Appears in 1 contract

Sources: Custody Agreement (Aristotle Funds Series Trust)