Sale to Broker or Dealer. UPON THE SALE OF 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 6 contracts
Samples: Custodian Agreement (Calvert Municipal Fund Inc), Custodian Agreement (Calvert Social Index Series Inc), Custodian Agreement (Calvert New World Fund Inc)
