Sale to Broker or Dealer. Upon the sale of a Portfolio's securities to the broker or its clearing agent or dealer, against a receipt, for examination in accordance with "street delivery" custom; provided that the Custodian will have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian's failure to act in accordance with its duties as set forth in this Agreement.
Appears in 4 contracts
Samples: Custodian Agreement (Calvert Social Investment Fund), Custodian Agreement (Calvert World Values Fund Inc), Custodian Agreement (First Variable Rate Fund for Government Income /Md/)
Sale to Broker or Dealer. Upon the sale of a Portfolio's Portfolio securities to the broker or its clearing agent or dealer, against a receipt, for examination in accordance with "street delivery" custom; provided that the Custodian will have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian's failure to act in accordance with its duties as set forth in this Agreement.
Appears in 3 contracts
Samples: Custodian Agreement (Calvert SAGE Fund), Custodian Agreement (Calvert Impact Fund Inc), Custodian Agreement (Calvert Impact Fund Inc)
Sale to Broker or Dealer. Upon the sale of certificated securities for the account of the Fund, to a Portfolio's securities to the broker or its clearing agent or dealer, against a receipt, for examination in accordance with "street delivery" custom; provided that in any such case, the Custodian will shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian's failure to act in accordance with its duties as set forth in this AgreementSection 12.
Appears in 3 contracts
Samples: Custodian Contract (Excelsior Hedge Fund of Funds I LLC), Custodian Contract (Excelsior Low Volatility Hedge Fund of Funds Master Fund LLC), Custodian Contract (Excelsior Low Volatility Hedge Fund of Funds LLC)
Sale to Broker or Dealer. Upon the sale of a Portfolio's certificated securities for the account of the Fund, to the broker or its clearing agent or dealer, against a receipt, for examination in accordance with "street delivery" custom; provided that in any such case, the Custodian will shall have no responsibility or liability for any loss arising from the delivery of such securities prior to receiving payment for such securities except as may arise from the Custodian's failure to act in accordance with its duties as set forth in this AgreementSection 12.
Appears in 1 contract
Samples: Cadre Institutional Investors Trust
