Common use of Successor Custodian Clause in Contracts

Successor Custodian. If a successor custodian for the Fund shall be appointed by the Board of the Fund, the Custodian shall, upon termination, deliver to such successor custodian at the office of the Custodian, duly endorsed and in the form for transfer, all securities of the Fund then held by it hereunder and shall transfer to an account of the successor custodian all of the securities of the Fund held in a Securities System. If no such successor custodian shall be appointed, the Custodian shall, in like manner, upon receipt of a certified copy of a vote of the Board of the Fund, deliver at the office of the Custodian and transfer such securities, funds and other properties in accordance with such vote. In the event that no written order designating a successor custodian or certified copy of a vote of the Board shall have been delivered to the Custodian on or before the date when such

Appears in 10 contracts

Samples: Van Kampen American Capital Global Managed Assets Fund, Van Kampen Trust, Van Kampen American Capital U S Government Trust for Income

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Successor Custodian. If a successor custodian for the a Fund shall be appointed by the Board of the Trustees of such Fund, the Custodian shall, upon termination, deliver to such successor custodian at the office of the Custodian, duly endorsed and in the form for transfer, all securities securities, Funds and other properties of the each applicable Fund then held by it hereunder and shall transfer to an account of the successor custodian all of the securities of the each Fund held in a Securities System. If no such successor custodian shall be appointed, the Custodian shall, in like manner, upon receipt of a certified copy of a vote of the Board of Trustees of the Fund, deliver at the office of the Custodian and transfer such securities, funds and other properties in accordance with such vote. In the event that no written order designating a successor custodian or certified copy of a vote of the Board of Trustees shall have been delivered to the Custodian on or before the date when such

Appears in 7 contracts

Samples: Van Kampen American Capital Tax Exempt Trust, Van Kampen American Capital Tax Free Trust, Van Kampen American Capital U S Government Trust for Income

Successor Custodian. If a successor custodian for the Fund shall be appointed by the Board of Directors of the Fund, the Custodian shall, upon termination, deliver to such successor custodian at the office of the Custodian, duly endorsed and in the form for transfer, all securities of the Fund then held by it hereunder and shall transfer to an account of the successor custodian all of the securities of the Fund held in a Securities System. If no such successor custodian shall be appointed, the Custodian shall, in like manner, upon receipt of a certified copy of a vote of the Board of Directors of the Fund, deliver at the office of the Custodian and transfer such securities, funds and other properties in accordance with such vote. In the event that no written order designating a successor custodian or certified copy of a vote of the Board shall have been delivered to the Custodian on or before the date when suchor

Appears in 2 contracts

Samples: Muniholdings Florida Insured Fund V, Muniholdings New York Insured Fund Iv Inc

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Successor Custodian. If a successor custodian for the Fund Fund, of one or more of the Portfolios shall be appointed by the Board of Trustees of the Fund, the Custodian shall, upon termination, deliver to such successor custodian at the office of the Custodian, duly endorsed and in the form for transfer, all securities of the Fund each applicable Portfolio then held by it hereunder and shall transfer to an account of the successor custodian all of the securities of the Fund each such Portfolio held in a Securities System. If no such successor custodian shall be appointed, the Custodian shall, in like manner, upon receipt of a certified copy of a vote of the Board of Trustees of the Fund, deliver at the office of the Custodian and transfer such securities, funds and other properties in accordance with such vote. In the event that no written order designating a successor custodian or certified copy of a vote of the Board of Trustees shall have been delivered to the Custodian on or before the date when suchdate

Appears in 1 contract

Samples: Custodian Contract (Anchor Pathway Fund)

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