Common use of Transaction Accounting Clause in Contracts

Transaction Accounting. Custodian shall have no duty or obligation to provide Principal or Authorized Agent with a separate accounting for payments or receipts or to allocate such receipts between principal and income. For certain Non- Custody Assets, Custodian shall use Sub-Custodian’s record keeping system upon proper notice to Principal as provided herein under Paragraph 8 of this Amended and Restated Agreement.

Appears in 4 contracts

Sources: Global Custody Agreement (Arrow Investments Trust), Global Custody Agreement (Hercules Capital, Inc.), Global Custody Agreement (Resource Real Estate Diversified Income Fund)

Transaction Accounting. Custodian shall have no duty or obligation to provide Principal or Authorized Agent with a separate accounting for payments or receipts or to allocate such receipts between principal and income. For certain Non- Non-Custody Assets, Custodian shall use Sub-Custodian’s record keeping system upon proper notice to Principal as provided herein under Paragraph 8 of this Amended and Restated Agreement.

Appears in 3 contracts

Sources: Global Custody Agreement (Atlas U.S. Tactical Income Fund), Global Custody Agreement (Two Roads Shared Trust), Global Custody Agreement (ALPS Series Trust)

Transaction Accounting. Custodian shall have no duty or obligation to provide Principal or Authorized Agent with a separate accounting for payments or receipts or to allocate such receipts between principal and income. For certain Non- Non-Custody Assets, Custodian shall use Sub-Custodian’s record keeping system upon proper notice to Principal as provided herein under Paragraph 8 of this Amended and Restated Agreement.

Appears in 2 contracts

Sources: Custody Agreement (Unified Series Trust), Custody Agreement (Unified Series Trust)

Transaction Accounting. Custodian shall have no duty or obligation to provide Principal or Authorized Agent with a separate accounting for payments or receipts or to allocate such receipts between principal and income. For certain Non- Custody Assets, Custodian shall use Sub-Custodian’s record keeping system upon proper notice to Principal as provided herein under Paragraph 8 of this Amended and Restated Agreement.

Appears in 1 contract

Sources: Custody Agreement