Receipt and Holding of Assets. The Funds will deliver or cause to be delivered to the Custodian all Assets and monies owned by them at any time during the period of this Custody Agreement. The Custodian will not be responsible for such Assets and monies until actually received by it. The Board hereby specifically authorizes the Custodian to hold Assets or other property of the Funds with any domestic subcustodian, Foreign Custodian or Securities Depository. Assets and monies of the Funds deposited in a Securities Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts for which the Custodian acts in a fiduciary or representative capacity.
Appears in 6 contracts
Samples: Delegation, Custody and Information Services Agreement (JNL Variable Fund LLC), Delegation, Custody and Information Services Agreement (JNL Variable Fund v LLC), Delegation, Custody and Information Services Agreement (Jnlny Variable Fund I LLC)
Receipt and Holding of Assets. The Funds will deliver or cause to be delivered to the Custodian all Assets Securities and monies owned by them at any time during the period of this Custody Agreement. The Custodian will not be responsible for such Assets Securities and monies until actually received by it. The Board hereby specifically authorizes the Custodian to hold Securities, Assets or other property of the Funds with any domestic subcustodian, Foreign Custodian or Securities Depository. Assets Securities and monies of the Funds deposited in a Securities Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts for which the Custodian acts in a fiduciary or representative capacity.
Appears in 2 contracts
Samples: And Information Services Agreement (PPM America Funds), And Information Services Agreement (PPM America Funds)
Receipt and Holding of Assets. The Funds Each Fund will deliver or cause to be delivered to the Custodian all Assets Securities and monies owned by them it at any time during the period of this Custody Agreement. The Custodian will not be responsible for such Assets Securities and monies until actually received by it. The Board hereby specifically authorizes the Custodian to hold Securities, Assets or other property of the Funds each Fund with any domestic subcustodianSubcustodian, Foreign Custodian or Securities Depository. Assets Securities and monies of the Funds each Fund deposited in a Securities Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts for which the Custodian acts in a fiduciary or representative capacity.
Appears in 1 contract
Samples: And Information Services Agreement (Wm Strategic Asset Management Portfolios)
