Common use of SPECIAL SUB-CUSTODIANS Clause in Contracts

SPECIAL SUB-CUSTODIANS. Upon receipt of Special Instructions (as such term is defined in Section 6 hereof), the Custodian shall, on behalf of the Trust, appoint one or more banks, trust companies or other entities designated in such Special Instructions to act as a sub-custodian for purposes of effecting such transaction as may be designated by the Trust in Special Instructions. Each such designated sub-custodian is referred to herein as a “Special Sub-Custodian.” Each such duly appointed Special Sub-Custodian shall be listed on Schedule B hereto, as it may be amended from time to time by the Trust, with the acknowledgment of the Custodian. In connection with the appointment of any Special Sub-Custodian, and in accordance with Special Instructions, the Custodian shall enter into a sub-custodian agreement with the Trust and the Special Sub-Custodian in form and substance approved by the Trust.

Appears in 4 contracts

Samples: Custodian Agreement (Nuveen Long/Short Commodity Total Return Fund), Custodian Agreement (Nuveen Long/Short Commodity Total Return Fund), Custodian Agreement (Nuveen Diversified Commodity Fund)

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SPECIAL SUB-CUSTODIANS. Upon receipt of Special Instructions (as such term is defined in Section 6 hereof), the Custodian shall, on behalf of the TrustTrusts, appoint one or more banks, trust companies or other entities designated in such Special Instructions to act as a sub-custodian for purposes of effecting such transaction as may be designated by the a Trust in Special Instructions. Each such designated sub-custodian is referred to herein as a “Special Sub-Custodian.” Each such duly appointed Special Sub-Custodian shall be listed on Schedule B hereto, as it may be amended from time to time by the a Trust, with the acknowledgment of the Custodian. In connection with the appointment of any Special Sub-Custodian, and in accordance with Special Instructions, the Custodian shall enter into a sub-custodian agreement with the Trust and the Special Sub-Custodian in form and substance approved by the such Trust.

Appears in 2 contracts

Samples: Custodian Agreement (FactorShares S&P Crude Oil Premium), Custodian Agreement (FactorShares 2X: TBond Bull/S&p500 Bear)

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SPECIAL SUB-CUSTODIANS. Upon receipt of Special Instructions (as such term is defined in Section 6 hereof)Proper Instructions, the Custodian shall, on behalf of the Trustone or more Portfolios, appoint one or more banks, trust companies or other entities designated in such Special Proper Instructions to act as a sub-custodian for the purposes of effecting such transaction transaction(s) as may be designated by the a Trust in Special Proper Instructions. Each such designated sub-custodian is referred to herein as a “Special Sub-Custodian.” Each such duly appointed Special Sub-Custodian shall be listed on Schedule B D hereto, as it may be amended from time to time by the a Trust, with the acknowledgment of the Custodian. In connection with the appointment of any Special Sub-Custodian, and in accordance with Special Proper Instructions, the Custodian shall enter into a sub-custodian agreement with the Trust and the Special Sub-Custodian in form and substance approved by such Trust, provided that such agreement shall in all events comply with the Trust.provisions of the 1940 Act and the rules and regulations thereunder and the terms and provisions of this Agreement. Information Classification: Limited Access

Appears in 1 contract

Samples: Custodian Agreement (American Beacon Sound Point Enhanced Income Fund)

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