Common use of Securities System Clause in Contracts

Securities System. At the election of the Fund, the Fund shall be entitled to be subrogated to the rights of the Custodian with respect to any claim against the U.S. Securities System or any other person which the Custodian may have as a consequence of any such loss, expense or damage if and to the extent that the Fund has not been made whole for any such loss, expense or damage.

Appears in 23 contracts

Sources: Custodian Agreement (Price T Rowe State Tax Free Income Trust), Custodian Agreement (T Rowe Price Institutional International Funds Inc), Custodian Agreement (Price T Rowe Gnma Fund)

Securities System. At the election of the Fund, the Fund shall be entitled to be subrogated to the rights of the Custodian with respect to any claim against the U.S. Securities System or any other person which the Custodian may have as a consequence of any such loss, expense or damage if and to the extent that the Fund has not been made whole for any such loss, expense or damage.that

Appears in 5 contracts

Sources: Custodian Agreement (Price T Rowe International Funds Inc), Custodian Agreement (T Rowe Price Summit Municipal Funds Inc), Custodian Agreement (Price T Rowe Tax Efficient Balanced Fund Inc)

Securities System. At the election of the Fund, the Fund it shall be entitled to be subrogated to the rights of the Custodian with respect to any claim against the U.S. Securities System or any other person which the Custodian may have as a consequence of any such loss, expense loss or damage if and to the extent that the Fund Portfolio has not been made whole for any such loss, expense loss or damage.

Appears in 4 contracts

Sources: Custodian Agreement (Warburg Pincus Trust), Custodian Contract (Warburg Pincus Trust), Custodian Contract (Warburg Pincus Institutional Fund Inc)

Securities System. At the election of the Fund, the Fund it shall be entitled to be subrogated to the rights of the Custodian with respect to any claim against the U.S. Securities System or any other person which the Custodian may have as a consequence of any such loss, expense loss or damage if and to the extent that the Fund has not been made whole for any such loss, expense loss or damage.

Appears in 2 contracts

Sources: Custodian Contract (Warburg Pincus Growth & Income Fund Inc), Custodian Contract (Warburg Pincus Balanced Fund Inc)

Securities System. At the election of the Fund, the Fund shall be entitled to be subrogated to the rights of the Custodian with respect to any claim against the U.S. Securities System or any other person which the Custodian may have as a consequence of any such loss, expense or damage if and to the extent that L:\Trpprod\Edg\Agmts.edg\9▇▇▇▇▇▇▇.▇▇ the Fund has not been made whole for any such loss, expense or damage.

Appears in 1 contract

Sources: Custodian Agreement (Reserve Investment Funds Inc)