Common use of Successor Custodian Clause in Contracts

Successor Custodian. If a successor custodian for one or more Portfolios shall be appointed by the applicable Board, the Custodian shall, upon termination and receipt of Proper Instructions, deliver to such successor

Appears in 17 contracts

Samples: Master Custodian Agreement (Smith Barney Shearson New Jersey Municipals Fund Inc), Master Custodian Agreement (Smith Barney California Municipals Funds Inc), Master Custodian Agreement (Smith Barney Money Funds Inc)

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Successor Custodian. If a successor custodian for one or more Portfolios shall be appointed by the applicable Board, the Custodian shall, upon termination and receipt of Proper Instructions, deliver to such successorsuccessor custodian at the office of the Custodian, duly endorsed and in the form for transfer, all securities of each applicable Portfolio then held by it hereunder and shall transfer to an account of the successor custodian all of the securities of each such Portfolio held in a Securities System or at the Underlying Transfer Agent.

Appears in 10 contracts

Samples: Master Custodian Agreement (Salomon Brothers Variable Rate Strategic Fund Inc.), Master Custodian Agreement (Real Estate Income Fund Inc), Master Custodian Agreement (Schwab Annuity Portfolios)

Successor Custodian. SECTION 17.1 If a successor custodian for one or more Portfolios shall be appointed by the applicable Board, the Custodian shall, upon termination and receipt of Proper Instructions, deliver to such successorsuccessor custodian at the office of the Custodian, duly endorsed and in the form for transfer, all securities of each applicable Portfolio then held by it hereunder and shall transfer to an account of the successor custodian all of the securities of each such Portfolio held in a Securities System or at the Underlying Transfer Agent.

Appears in 4 contracts

Samples: Master Custodian Agreement (Tiaa Cref Life Fund), Mutual Confidentiality Agreement (Tiaa Cref Institutional Mutual Funds), Master Custodian Agreement (Tiaa Separate Account Va 1)

Successor Custodian. If a successor custodian for one or more Portfolios shall be appointed by the applicable Board, the Custodian shall, upon termination notice of such appointment and receipt of Proper Instructions, deliver to such successorsuccessor custodian at the office of the Custodian, duly endorsed and in the form for transfer, as may be applicable, all securities, funds and other properties of each applicable Portfolio then held by it hereunder and shall transfer to an account of the successor custodian all

Appears in 1 contract

Samples: Master Custodian Agreement (Putnam Funds Trust)

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Successor Custodian. If a successor custodian for one or more Portfolios shall be appointed by the applicable Board, the Custodian shall, upon termination and receipt of Proper Instructionstermination, deliver to such successorsuccessor custodian at the office of the Custodian, duly endorsed and in the form for transfer, all securities of each applicable Portfolio

Appears in 1 contract

Samples: Custodian Agreement (State Street Institutional Investment Trust)

Successor Custodian. If a successor custodian for one or more Portfolios shall be appointed by the applicable Board, the Custodian shall, upon termination and receipt of Proper Instructions, deliver to such successorsuccessor custodian at the office of the Custodian, duly endorsed and in the form for transfer, all securities of each applicable Portfolio then held by it hereunder and shall transfer to an account of the successor custodian all of the securities of each such Portfolio held in a Securities System or at the Underlying Transfer.

Appears in 1 contract

Samples: Custodian Agreement (Rydex Etf Trust)

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