Common use of Types of Cash Accounts Clause in Contracts

Types of Cash Accounts. Cash accounts opened on the books of the Custodian (PRINCIPAL ACCOUNTS) shall be opened in the name of the Fund. Such accounts collectively shall be a deposit obligation of the Custodian and shall be subject to the terms of this Section 7 and the general liability

Appears in 2 contracts

Sources: Custodian Agreement (Ing Funds Trust), Custodian Agreement (Ing Variable Insurance Trust)

Types of Cash Accounts. Cash accounts opened on the books of the Custodian (PRINCIPAL ACCOUNTS) shall be opened in the name of the Fund. Such accounts collectively shall be a deposit obligation of the Custodian and shall be subject to the terms of this Section 7 and the general liabilityliability provisions contained in Section 9. Cash accounts opened on the books of a Subcustodian may be opened in the name of the Fund or the Custodian or in the name of the Custodian for its customers generally (AGENCY

Appears in 1 contract

Sources: Custodian Agreement (Fund Asset Management Master Trust)

Types of Cash Accounts. Cash accounts opened on the books of the Custodian (PRINCIPAL ACCOUNTS) shall be opened in the name of the each Fund. Such accounts collectively shall be a deposit obligation of the Custodian and shall be subject to the terms of this Section 7 8 and the general liabilityliability provisions contained in Section 10.

Appears in 1 contract

Sources: Custodian Agreement (Icon Funds)