SUB-CUSTODIAN ACCOUNT. The Participant understands and agrees that where the Fund invests in international securities, the Fund has caused its custodian to maintain with the applicable sub-custodian for such Fund an account in the relevant foreign jurisdiction to which the Participant shall deliver or cause to be delivered certain of the Deposit Securities and any other cash amounts (or the cash value of all or a part of such securities, in the case of a permitted or required cash purchase or “cash in lieu” amount) for itself or any Participant customer in connection with any Purchase Order, with any appropriate adjustments as advised by such sub-custodian or the Fund, in accordance with the terms and conditions applicable to such account in such jurisdiction.
Appears in 12 contracts
Samples: Administration Agreement (Capital Group New Geography Equity ETF), Administration Agreement (Capital Group International Core Equity ETF), Administration Agreement (Capital Group Conservative Equity ETF)
