Reversal. The Custodian may reverse any Contractual Settlement credit at any time before actual receipt of the cash payment associated with the credit if the Custodian determines, in its reasonable judgement, that such payment will not be received within 30 days for that transaction or if the Custodian suspends or terminates the provision of Contractual Settlement for those Securities in that market. The Custodian will generally notify the Client two Business Days before any such reversal.
Appears in 73 contracts
Sources: Custody Agreement (Strategic Trust), Custodian Agreement (New Mountain Private Credit Fund), Custody Agreement (Diamond Hill Securitized Credit Fund)
Reversal. The Custodian may reverse any Contractual Settlement credit at any time before actual receipt of the cash payment associated with the credit if the Custodian determines, in its reasonable judgement, that such payment will not be received within 30 days for that transaction or if the Custodian suspends or terminates the provision of Contractual Settlement for those Securities in that market. The Custodian will generally notify the Client two Business Days before any such reversal.. Information Classification: Limited Access
Appears in 4 contracts
Sources: Custody Agreement (Adams Street Credit Solutions Fund), Master Custody Agreement (Blue Owl Alternative Credit Fund), Custody Agreement (Elevation Series Trust)
Reversal. The Custodian may reverse any Contractual Settlement credit at any time before actual receipt of the cash payment associated with the credit if the Custodian determines, in its reasonable judgement, that such payment will not be received within 30 days for that transaction or if the Custodian suspends or terminates the provision of Contractual Settlement for those Securities or other assets in that market. The Custodian will generally notify the Client two Business Days before any such reversal.
Appears in 3 contracts
Sources: Custody Agreement (MassMutual Access Pine Point Fund), Custody Agreement (MassMutual Access Pine Point Fund), Custody Agreement (MassMutual Access Pine Point Fund)
Reversal. The Custodian may reverse any Contractual Settlement credit at any time before actual receipt of the cash payment associated with the credit if the Custodian determines, in its reasonable judgement, that such payment will not be received within 30 days for that transaction or if the Custodian suspends or terminates the provision of Contractual Settlement for those Securities in that market. The Custodian will generally notify the Client Trust two Business Days before any such reversal.
Appears in 2 contracts
Sources: Custody Agreement (Litman Gregory Funds Trust), Custody Agreement (Litman Gregory Funds Trust)
Reversal. The Custodian may reverse any Contractual Settlement credit at any time before actual receipt of the cash payment associated with the credit if the Custodian determines, in its reasonable judgement, that such payment will not be received within 30 days for that transaction or if the Custodian suspends or terminates the provision of Contractual Settlement for those Securities in that market. The Custodian will generally use reasonable efforts to notify the Client two Business Days before any such reversal.
Appears in 2 contracts
Sources: Custody Agreement (Columbia Funds Variable Series Trust II), Custody Agreement (Columbia ETF Trust I)
Reversal. The Custodian may reverse any Contractual Settlement credit at any time before actual receipt of the cash payment associated with the credit if the Custodian determines, in its reasonable judgement, that such payment will not be received within 30 days for that transaction or if the Custodian suspends or terminates the provision of Contractual β Information Classification: Limited Access Settlement for those Securities in that market. The Custodian will generally notify the Client two Business Days before any such reversal.
Appears in 1 contract
Reversal. The Custodian may reverse any Contractual Settlement credit at any time before actual receipt of the cash payment associated with the credit if the Custodian determines, in its reasonable judgement, that such payment will not be received within 30 days for that transaction or if the Custodian suspends or terminates the provision of Contractual Settlement for those Securities in that market. The Custodian will generally notify the Client generally within two Business Days before any such reversal.
Appears in 1 contract
Reversal. The Custodian may reverse any Contractual Settlement credit at any time before actual receipt of the cash payment associated with the credit if the Custodian determines, in its reasonable judgement, that such payment will not be received within 30 days for that transaction or if the Custodian suspends or terminates the provision Provision of Contractual Settlement for those Securities in that market. The Custodian will generally notify the Client generally within two Business Days before any such reversal.
Appears in 1 contract
Sources: Custody Agreement (Partners Group Next Generation Infrastructure LLC)