Common use of Proxies and Other Materials Clause in Contracts

Proxies and Other Materials. (a) Unless otherwise instructed by the Company, Custodian shall promptly deliver to the Company all notices of meetings, proxy materials (other than proxies) and other announcements, which it receives regarding securities held by it in the Custody Account. Whenever Custodian or any of its agents receives a proxy with respect to securities in the Custody Account, Custodian shall promptly request instructions from the Company on how such securities are to be voted, and shall give such proxy, or cause it to be given, in accordance with such instructions. If the Company timely informs Custodian that the Company wishes to vote any such securities in person, Custodian shall promptly seek to have a legal proxy covering such securities issued to the Company. Unless otherwise instructed by the Company, neither Custodian nor any of its agents shall exercise any voting rights with respect to securities held hereunder.

Appears in 7 contracts

Samples: Custody Agreement (Kayne Anderson Energy Development Co), Custody Agreement (Kayne Anderson MLP Investment CO), Custody Agreement (Wilshire Mutual Funds Inc)

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Proxies and Other Materials. (a) Unless otherwise instructed by the Company, Custodian shall promptly deliver to the Company all notices of meetings, proxy materials (other than proxies) and other announcements, which it receives regarding securities held by it in the Custody AccountAccount of a Portfolio. Whenever Custodian or any of its agents receives a proxy with respect to securities in the Custody AccountAccount of a Portfolio, Custodian shall promptly request instructions from the Company on how such securities are to be voted, and shall give such proxy, or cause it to be given, in accordance with such instructions. If the Company timely informs Custodian that the Company wishes to vote any such securities in person, Custodian shall promptly seek to have a legal proxy covering such securities issued to the Company. Unless otherwise instructed by the Company, neither Custodian nor any of its agents shall exercise any voting rights with respect to securities held hereunder.

Appears in 4 contracts

Samples: Custody Agreement (Needham Funds Inc), Custody Agreement (Lipper Funds Inc), Custody Agreement (Warburg Pincus Long Short Market Neutral Fund Inc)

Proxies and Other Materials. (aA) Unless otherwise instructed by the Company, Custodian shall promptly deliver to the Company all notices of meetings, proxy materials (other than proxies) and other announcements, which it receives regarding securities held by it in the Custody Account. Whenever Custodian or any of its agents receives a proxy with respect to securities in the Custody Account, Custodian shall promptly request instructions from the Company on how such securities are to be voted, and shall give such proxy, or cause it to be given, in accordance with such instructions. If the Company timely informs Custodian that the Company it wishes to vote any such securities in person, Custodian shall promptly seek to have a legal proxy covering such securities issued to the Company. Unless otherwise instructed by the Company, neither Custodian nor any of its agents shall exercise any voting rights with respect to securities held hereunder.

Appears in 4 contracts

Samples: Custody Agreement (Cornerstone Progressive Return Fund), Custody Agreement (Progressive Return Fund Inc), Exhibit 9 Custody Agreement (Cornerstone Strategic Value Fund Inc/ New)

Proxies and Other Materials. (a) Unless otherwise instructed by the Company, Custodian shall promptly deliver to the Company all notices of meetings, proxy materials (other than proxies) and other announcements, announcements which it receives regarding securities held by it in the Custody AccountAccount of the Portfolio. Whenever Custodian or any of its agents receives a proxy with respect to securities in the Custody AccountAccount of the Portfolio, Custodian shall promptly request instructions from the Company on how such securities are to be voted, and shall give such proxy, or cause it to be given, in accordance with such instructions. If the Company timely informs Custodian that the Company wishes to vote any such securities in person, Custodian shall promptly seek to have a legal proxy covering such securities issued to the Company. Unless otherwise instructed by the Company, neither Custodian nor any of its agents shall exercise any voting rights with respect to securities held hereunder.

Appears in 1 contract

Samples: Custody Agreement (Dreyfus Premier Equity Funds Inc)

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Proxies and Other Materials. (a) Unless otherwise instructed by the Company, Custodian shall promptly deliver to the Company all notices of meetings, proxy materials (other than proxies) and other announcements, which it receives regarding securities held by it in the Custody Account. Whenever Custodian or any of its agents receives a proxy with respect to securities in the Custody Account, Custodian shall promptly request instructions from the Company on how such securities are to be voted, and shall give such proxy, or cause it to be given, in accordance with such instructions. If the Company timely informs Custodian that the Company it wishes to vote any such securities in person, Custodian shall promptly seek to have a legal proxy covering such securities issued to the Company. Unless otherwise instructed by the Company, neither Custodian nor any of its agents shall exercise any voting rights with respect to securities held hereunder.

Appears in 1 contract

Samples: Exhibit 9 (Eis Fund Inc)

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