Representations with Respect to Rule 17f-5. The Foreign Custody Manager represents to each Fund that it is a U.S. Bank as defined in section (a)(7) of Rule 17f-5. Each Fund represents to the Custodian that its Board has determined that it is reasonable for such Board to rely on the Custodian to perform the responsibilities delegated pursuant to this Agreement to the Custodian as the Foreign Custody Manager of the Portfolios.
Representations with Respect to Rule 17f-5. The Foreign Custody Manager represents that it is a U.S. Bank as defined in section (a)(7) of Rule 17f-5. Each Fund represents to State Street that its Board has determined that it is reasonable for the Board to rely on State Street to perform the responsibilities delegated pursuant to this Agreement to State Street as the Foreign Custody Manager of the Portfolios.
Representations with Respect to Rule 17f-5. The Foreign Custody Manager represents to the Fund that it is a U.S. Bank as defined in section (a)(7) of Rule 17f-5.
Representations with Respect to Rule 17f-5. The Foreign Custody Manager represents to the Fund that (i) it is a U.S. Bank as defined in section (a)(7) of Rule 17f-5, (ii) each institution listed on Schedule A is an Eligible Foreign Custodian and (iii) each institution listed on Schedule B is an Eligible Securities Depository. The Fund represents to the Custodian that the Board has determined that it is reasonable for the Board to rely on the Custodian to perform the responsibilities delegated pursuant to this Contract to the Custodian as the Foreign Custody Manager of the Portfolios.
Representations with Respect to Rule 17f-5. The FCM represents to PIMCO that it is a U.S. Bank as defined in Section (a)(7) of Rule 17f-5. PIMCO, on behalf of each Fund, represents to State Street that the applicable Board has determined that it is reasonable for such Board to rely on State Street to perform the responsibilities delegated pursuant to this Agreement to State Street as the FCM of each Portfolio. Each party represents that it will in good faith negotiate revised terms for this Agreement to reflect future guidance from the SEC staff or regulatory amendments affecting Rule 17f-5.
Representations with Respect to Rule 17f-5. The FCM represents to the Trust and PIMCO that it is a U.S. Bank as defined in Rule 17f-5(a)(7). PIMCO, on behalf of the Trust, represents to State Street that the Board has determined that it is reasonable for the Board to rely on State Street to perform the responsibilities delegated pursuant to this Agreement to State Street as the FCM of the Portfolios.
Representations with Respect to Rule 17f-5. The FCM represents to -------------------------------------------- the Fund that it is a U.S. Bank as defined in section (a)(7) of Rule 17f-5. The Fund represents to IFTC that the Board has determined that it is reasonable for the Board to rely on IFTC and State Street Bank & Trust Company to perform the responsibilities delegated pursuant to this Contract to IFTC and State Street Bank & Trust Company as the FCM of each Portfolio and that IFTC has been granted the authority by Fund to delegate to State Street Bank & Trust Company the FCM functions to which IFTC has been appointed by Fund.
Representations with Respect to Rule 17f-5. The Foreign Custody Manager represents to the Fund that it is a U.S. Bank as defined in section
Representations with Respect to Rule 17f-5. The Trust represents to the Adviser that the Board has determined that it is reasonable for the Board to rely on the Adviser to perform the responsibilities delegated pursuant to this Agreement to the Adviser as the Special Foreign Custody Manager of the Trust.
Representations with Respect to Rule 17f-5. The Foreign Custody Manager represents to Fund that (i) it is a U.S. Bank as defined in section (a)(7) of Rule 17f-5 (ii) that each institution listed on Schedule A is an Eligible Foreign Custodian and