Replacement of Lost Investments Sample Clauses

Replacement of Lost Investments. In the event of a loss of Investments for which the Custodian is responsible under the terms of this Agreement, the Custodian shall replace such Investment, or in the event that such replacement cannot be effected, the Custodian shall pay to the Fund the fair market value of such Investment based on the last available price as of the close of business in the relevant market on the date that a claim was first made to the Custodian with respect to such loss, or, if less, such other amount as shall be agreed by the parties as the date for settlement.
Replacement of Lost Investments. In the event of a loss of Investments for which the Custodian is responsible under the terms of this Agreement, the Custodian shall replace such Investment, or in the event that such replacement cannot be effected, the Custodian shall pay to the affected Fund the fair market value of such Investment based on the Fund's pricing procedures as of the close of business in the relevant market on the date that the claim is paid by the Custodian, or, if the fair market value of the Investment on such date is less than the fair market value on the date that the loss was incurred, the Custodian shall pay to the effected Fund the fair market value of such Investment based on the fair market value of the Investment based on the Fund's pricing procedures as of the close of business in the relevant market on the date that the loss was incurred.
Replacement of Lost Investments. In the event of a loss of Investments for which the
Replacement of Lost Investments. In the event of a loss of Investments for which the Custodian is responsible under the terms of this Agreement, the Custodian shall replace such Investment, or in the event that such replacement cannot be effected, the Custodian shall, as soon as practicable after the Custodian first becomes aware of such loss, credit to the Fund's account an amount equal to the Market Value of the lost Investments determined as of (i) the date on which the Custodian first becomes
Replacement of Lost Investments. In the event of a loss of Investments for which the Custodian is responsible under the terms of this Agreement, the Custodian shall promptly (a) report such loss to the Fund and (b)(i) replace such Investment or (ii) in the event that such replacement cannot be effected, the Custodian shall pay to the Fund an amount equal to the value the Fund would assign such investment in determining the Fund's net asset value on the date of such payment.