Common use of Transaction Procedures Clause in Contracts

Transaction Procedures. All investment transactions on behalf of the Portfolio will be consummated by payment to or delivery by the custodian for the Portfolio duly appointed by the Trustees of the Trust (the "Custodian"), or such approved depositories or agents duly appointed by the Trustees and as may be designated by the Custodian in writing, as custodian for the Portfolio, of all cash and/or securities due to or from the Portfolio, and neither Investment Adviser nor any Sub-Adviser shall have possession or custody thereof or any responsibility or liability with respect thereto. The Investment Adviser or any Sub-Adviser effecting transactions on behalf of the Portfolio shall advise the Custodian of all investment orders for the Portfolio placed by it with brokers, dealers, banks and other parties ("Brokers"). The Trustees shall issue, or cause to be issued, to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Investment Adviser or any Sub-Adviser. The Portfolio shall be responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon the giving of proper instructions to the Custodian, Investment Adviser shall have no responsibility or liability with respect to custodian arrangements or the acts, omissions or other conduct of the Custodian, except that it shall be the responsibility of the Investment Adviser or any Sub-Adviser to take appropriate action if the Custodian fails properly to confirm execution of the instructions to the Investment Adviser or any Sub-Adviser in a written form duly agreed upon by the Custodian and the Investment Adviser or any Sub-Adviser.

Transaction Procedures. All investment transactions on behalf of the ---------------------- Portfolio will be consummated compensated by payment to or delivery by the custodian for the Portfolio duly appointed by the Trustees of the Trust (the "Custodian"), or such approved depositories or agents duly appointed by the Trustees and as may be designated by the Custodian in writing, as custodian for the Portfolio, of all cash and/or securities due to or from the Portfolio, and neither Investment Adviser nor any Sub-Adviser shall have possession or custody thereof or any responsibility or liability with respect thereto. The Investment Adviser or any Sub-Adviser effecting transactions on behalf of the Portfolio shall advise the Custodian of all investment orders for the Portfolio placed by it with brokers, dealers, banks and other parties ("Brokers"). The Trustees shall issue, or cause to be issued, to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Investment Adviser or any Sub-Adviser. The Portfolio shall be responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon the giving of proper instructions to the Custodian, Investment Adviser shall have no responsibility or liability with respect to custodian arrangements or the acts, omissions or other conduct of the Custodian, except that it shall be the responsibility of the Investment Adviser or any Sub-Adviser to take appropriate action if the Custodian fails properly to confirm execution of the instructions to the Investment Adviser or any Sub-Adviser in a written form duly agreed upon by the Custodian and the Investment Adviser or any Sub-Adviser.

Transaction Procedures. All investment transactions on behalf of the Portfolio will be consummated compensated by payment to or delivery by the custodian for the Portfolio duly appointed by the Trustees of the Trust (the "Custodian"), or such approved depositories or agents duly appointed by the Trustees and as may be designated by the Custodian in writing, as custodian for the Portfolio, of all cash and/or securities due to or from the Portfolio, and neither the Investment Adviser nor any Sub-Adviser shall not have possession or custody thereof or any responsibility or liability with respect thereto. The Investment Adviser or any Sub-Adviser effecting transactions on behalf of the Portfolio shall advise the Custodian and the Co-Adviser of all investment orders for the Portfolio placed by it with brokers, dealers, banks and other parties ("Brokers"). The Trustees shall issue, or cause to be issued, to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Investment Adviser or any Sub-Adviser. The Portfolio shall be responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon the giving of proper instructions to the Custodian, the Investment Adviser shall have no responsibility or liability with respect to custodian arrangements or the acts, omissions or other conduct of the Custodian, except that it shall be the responsibility of the Investment Adviser or any Sub-Adviser to take appropriate action if the Custodian fails properly to confirm execution of the instructions to the Investment Adviser or any Suband the Co-Adviser in a written form duly agreed upon by the Custodian and Custodian, the Investment Adviser or any Suband the Co-Adviser.

Transaction Procedures. All investment transactions on behalf of the ---------------------- Portfolio will be consummated by payment to or delivery by the duly appointed custodian for the Portfolio duly appointed by the Trustees of the Trust (the "Custodian"), or such approved depositories or agents duly appointed by the Trustees and as may be designated by the Custodian in writing, as custodian for the Portfolio, of all cash and/or securities due to or from the Portfolio, and neither Investment Adviser nor any the Sub-Adviser shall not have possession or custody thereof or any responsibility or liability with respect thereto. The Investment Sub- Adviser or any Sub-Adviser in effecting transactions on behalf of the Portfolio shall advise the Custodian of all investment orders for the Portfolio placed by it with brokers, dealers, banks and other parties ("Brokers"). The Trustees Investment Adviser shall issue, or cause to be issued, to the Custodian custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Investment Adviser or any Sub-Adviser. The Portfolio shall be is responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon the giving of proper instructions to the Custodian, Investment the Sub-Adviser shall have no responsibility or liability with respect to custodian custodial arrangements or the acts, omissions or other conduct of the Custodian, except that it shall be the responsibility of the Investment Adviser or any Sub-Adviser to take appropriate action if the Custodian fails properly to confirm confirm, execution of the instructions to the Investment Adviser or any Sub-Sub- Adviser in a written form duly agreed upon by the Custodian and the Investment Adviser or any Sub-Adviser.

Transaction Procedures. All investment transactions on behalf of the Portfolio will be consummated by payment to or delivery by the any custodian for the Portfolio duly appointed or futures commission merchant designated by the Trustees Trust in respect of the Trust Sub-Advised Accounts (the "“Custodian"”), or such approved depositories or agents duly appointed by the Trustees and as may be designated by the Custodian in writing, as custodian for the Portfoliowriting (including by email), of all cash and/or securities due to or from the PortfolioSub-Advised Accounts, and neither Investment Adviser nor any the Sub-Adviser shall not have possession or custody thereof or any responsibility or liability with respect theretothereof. The Investment Adviser or any Sub-Adviser effecting transactions on behalf of the Portfolio shall advise the Custodian and confirm in writing to the Trust and to the administrator designated by the Trust or any other designated agent of the Trust, all investment orders for the Portfolio Sub-Advised Accounts placed by it with brokers, dealers, banks brokers and other parties dealers at the time and in the manner set forth in Schedule B hereto ("Brokers"as amended as agreed between the Adviser and Sub-Adviser from time to time). The Trustees Trust shall issue, or cause to be issued, issue to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Investment Adviser or any Sub-Adviser. The Portfolio Trust shall be responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon the giving of proper instructions to the Custodian, Investment the Sub-Adviser shall have no responsibility or liability with respect to custodian custodial arrangements or the acts, omissions or other conduct of the Custodian, except that it shall be the responsibility of the Investment Adviser or any Sub-Adviser is responsible for reviewing, on a T+1 basis, all trade confirmations it receives to take appropriate action if determine that transactions were executed in accordance with the Custodian fails properly to confirm execution of Sub-Adviser’s instructions. If the instructions to the Investment Adviser or any Sub-Adviser determines, on a T+1 basis, that an error was made in connection with a written form duly agreed upon by transaction, or that a transaction was executed other than in accordance with the Custodian and the Investment Adviser or any Sub-Adviser’s instructions, the Sub-Adviser shall promptly notify the Adviser, the Custodian and/or the Fund Administrator of this fact, and shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected.

Transaction Procedures. All investment transactions on behalf of the ---------------------- Portfolio will be consummated by payment to or delivery by the duly appointed custodian for the Portfolio duly appointed by the Trustees of the Trust (the "Custodian")) , or such approved depositories or agents duly appointed by the Trustees and as may be designated by the Custodian in writing, as custodian for the Portfolio, of all cash and/or securities due to or from the Portfolio, and neither Investment Adviser nor any the Sub-Adviser shall not have possession or custody thereof or any responsibility or liability with respect thereto. The Investment Sub- Adviser or any Sub-Adviser in effecting transactions on behalf of the Portfolio shall advise the Custodian of all investment orders for the Portfolio placed by it with brokers, dealers, banks and other parties ("Brokers"). The Trustees Investment Adviser shall issue, or cause to be issued, to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Investment Adviser or any Sub-Adviser. The Portfolio shall be is responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon the giving of proper instructions to the Custodian, Investment the Sub-Adviser shall have no responsibility or liability with respect to custodian custodial arrangements or the acts, omissions or other conduct of the Custodian, except that it shall be the responsibility of the Investment Adviser or any Sub-Adviser to take appropriate action if the Custodian fails properly to confirm execution of the instructions to the Investment Adviser or any Sub-Sub- Adviser in a written form duly agreed upon by the Custodian and the Investment Adviser or any Sub-Adviser.

Transaction Procedures. All investment transactions on behalf of the Portfolio Portfolios will be consummated compensated by payment to or delivery by the custodian for the Portfolio Portfolios duly appointed by the Trustees of the Trust (the "Custodian"), or such approved depositories or agents duly appointed by the Trustees and as may be designated by the Custodian in writing, as custodian for the PortfolioPortfolios, of all cash and/or securities due to or from the PortfolioPortfolios, and neither the Investment Adviser nor any Sub-Adviser shall not have possession or custody thereof or any responsibility or liability with respect thereto. The Investment Adviser or any Sub-Adviser effecting transactions on behalf of the Portfolio Portfolios shall advise the Custodian and the Co-Adviser of all investment orders for the Portfolio Portfolios placed by it with brokers, dealers, banks and other parties ("Brokers"). The Trustees shall issue, or cause to be issued, to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Investment Adviser or any Sub-Adviser. The Portfolio Portfolios shall be responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon the giving of proper instructions to the Custodian, the Investment Adviser shall have no responsibility or liability with respect to custodian arrangements or the acts, omissions or other conduct of the Custodian, except that it shall be the responsibility of the Investment Adviser or any Sub-Adviser to take appropriate action if the Custodian fails properly to confirm execution of the instructions to the Investment Adviser or any Suband the Co-Adviser in a written form duly agreed upon by the Custodian and Custodian, the Investment Adviser or any Suband the Co-Adviser.

Transaction Procedures. All investment transactions on behalf of the Portfolio will be consummated compensated by payment to or delivery by the custodian for the Portfolio duly appointed by the Trustees of the Trust (the "Custodian"), or such approved depositories or agents duly appointed by the Trustees and as may be designated by the Custodian in writing, as custodian for the Portfolio, of all cash and/or securities due to or from the Portfolio, and neither Investment Adviser nor any Sub-Adviser shall have possession or custody thereof or any responsibility or liability with respect thereto. The Investment Adviser or any Sub-Adviser effecting transactions on behalf of the Portfolio shall advise the Custodian of all investment orders for the Portfolio placed by it with brokers, dealers, banks and other parties ("Brokers"). The Trustees shall issue, or cause to be issued, to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Investment Adviser or any Sub-Adviser. The Portfolio shall be responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon the giving of proper instructions to the Custodian, Investment Adviser shall have no responsibility or liability with respect to custodian arrangements or the acts, omissions or other conduct of the Custodian, except that it shall be the responsibility of the Investment Adviser or any Sub-Adviser to take appropriate action if the Custodian fails properly to confirm execution of the instructions to the Investment Adviser or any Sub-Adviser in a written form duly agreed upon by the Custodian and the Investment Adviser or any Sub-Sub- Adviser.

Transaction Procedures. All investment transactions on behalf of the Portfolio will be consummated compensated by payment to or delivery by the custodian for the Portfolio duly appointed by the Trustees of the Trust (the "Custodian"), or such approved depositories or agents duly appointed by the Trustees and as may be designated by the Custodian in writing, as custodian for the Portfolio, of all cash and/or securities due to or from the Portfolio, and neither Investment Adviser nor any Sub-Adviser shall have possession or custody thereof or any responsibility or liability with respect thereto. The Investment Adviser or any Sub-Adviser effecting transactions on behalf of the Portfolio shall advise the Custodian of all investment orders for the Portfolio placed by it with brokers, dealers, banks and other parties ("Brokers"). The Trustees shall issue, or cause to be issued, to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Investment Adviser or any Sub-Adviser. The Portfolio shall be responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon the giving of proper instructions to the Custodian, Investment Adviser shall have no responsibility or liability with respect to custodian arrangements or the acts, omissions or other conduct of the Custodian, except that it shall be the responsibility of the Investment Adviser or any Sub-Adviser to take appropriate action if the Custodian fails properly to confirm execution of the instructions to the Investment Adviser or any Sub-Adviser in a written form duly agreed upon by the Custodian and the Investment Adviser or any Sub-Adviser.

Transaction Procedures. All investment transactions on behalf of the ---------------------- Portfolio will be consummated compensated by payment to or delivery by the custodian for the Portfolio duly appointed by the Trustees of the Trust (the "Custodian"), or such approved depositories or agents duly appointed by the Trustees and as may be designated by the Custodian in writing, as custodian for the Portfolio, of all cash and/or securities due to or from the Portfolio, and neither the Investment Adviser nor any Sub-Adviser shall not have possession or custody thereof or any responsibility or liability with respect thereto. The Investment Adviser or any Sub-Adviser effecting transactions on behalf of the Portfolio shall advise the Custodian and the Co-Adviser of all investment orders for the Portfolio placed by it with brokers, dealers, banks and other parties ("Brokers"). The Trustees shall issue, or cause to be issued, to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Investment Adviser or any Sub-Adviser. The Portfolio shall be responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon the giving of proper instructions to the Custodian, the Investment Adviser shall have no responsibility or liability with respect to custodian arrangements or the acts, omissions or other conduct of the Custodian, except that it shall be the responsibility of the Investment Adviser or any Sub-Adviser to take appropriate action if the Custodian fails properly to confirm execution of the instructions to the Investment Adviser or any Sub-and the Co- Adviser in a written form duly agreed upon by the Custodian and Custodian, the Investment Adviser or any Suband the Co-Adviser.

Transaction Procedures. All investment transactions on behalf of the ---------------------- Portfolio will be consummated compensated by payment to or delivery by the custodian for the Portfolio duly appointed by the Trustees of the Trust (the "Custodian"), or such approved depositories or agents duly appointed by the Trustees and as may be designated by the Custodian in writing, as custodian for the Portfolio, of all cash and/or securities due to or from the Portfolio, and neither the Investment Adviser nor any Sub-Adviser shall not have possession or custody thereof or any responsibility or liability with respect thereto. The Investment Adviser or any Sub-Adviser effecting transactions on behalf of the Portfolio shall advise the Custodian and the Co-Adviser of all investment orders for the Portfolio placed by it with brokers, dealers, banks and other parties ("Brokers"). The Trustees shall issue, or cause to be issued, to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Investment Adviser or any Sub-Adviser. The Portfolio shall be responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon the giving of proper instructions to the Custodian, the Investment Adviser shall have no responsibility or liability with respect to custodian arrangements or the acts, omissions or other conduct of the Custodian, except that it shall be the responsibility of the Investment Adviser or any Sub-Adviser to take appropriate action if the Custodian fails properly to confirm execution of the instructions to the Investment Adviser or any Suband the Co-Adviser in a written form duly agreed upon by the Custodian and Custodian, the Investment Adviser or any Suband the Co-Adviser.

Transaction Procedures. All investment transactions on behalf of the ------------------------ Portfolio will be consummated by payment to or delivery by the custodian for the Portfolio duly appointed by the Trustees of the Trust (the "Custodian")) , or such approved depositories or agents duly appointed by the Trustees and as may be designated by the Custodian in writing, as custodian for the Portfolio, of all cash and/or securities due to or from the Portfolio, and neither Investment Adviser nor any Sub-Adviser shall have possession or custody thereof or any responsibility or liability with respect thereto. The Investment Adviser or any Sub-Adviser SubAdviser effecting transactions on behalf of the Portfolio shall advise the Custodian of all investment orders for the Portfolio placed by it with brokers, dealers, banks and other parties ("Brokers"). The Trustees shall issue, or cause to be issued, to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Investment Adviser or any Sub-Adviser. The Portfolio shall be responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon the giving of proper instructions to the Custodian, Investment Adviser shall have no responsibility or liability with respect to custodian arrangements or the acts, omissions or other conduct of the Custodian, except that it shall be the responsibility of the Investment Adviser or any Sub-Adviser to take appropriate action if the Custodian fails properly to confirm execution of the instructions to the Investment Adviser or any Sub-Adviser in a written form duly agreed upon by the Custodian and the Investment Adviser or any Sub-Adviser.

Transaction Procedures. All investment transactions on behalf of the Portfolio will be consummated by payment to or delivery by the duly appointed custodian for the Portfolio duly appointed by the Trustees of the Trust (the "Custodian")) , or such approved depositories or agents duly appointed by the Trustees and as may be designated by the Custodian in writing, as custodian for the Portfolio, of all cash and/or securities due to or from the Portfolio, and neither Investment Adviser nor any the Sub-Adviser shall not have possession or custody thereof or any responsibility or liability with respect thereto. The Investment Sub- Adviser or any Sub-Adviser in effecting transactions on behalf of the Portfolio shall advise the Custodian of all investment orders for the Portfolio placed by it with brokers, dealers, banks and other parties ("Brokers"). The Trustees Investment Adviser shall issue, or cause to be issued, to the Custodian such instructions as may be appropriate in connection with the settlement of any transaction initiated by the Investment Adviser or any Sub-Adviser. The Portfolio shall be is responsible for all custodial arrangements and the payment of all custodial charges and fees, and, upon the giving of proper instructions to the Custodian, Investment the Sub-Adviser shall have no responsibility or liability with respect to custodian custodial arrangements or the acts, omissions or other conduct of the Custodian, except that it shall be the responsibility of the Investment Adviser or any Sub-Adviser to take appropriate action if the Custodian fails properly to confirm execution of the instructions to the Investment Adviser or any Sub-Sub- Adviser in a written form duly agreed upon by the Custodian and the Investment Adviser or any Sub-Adviser.