Exhibit 8(c)(4)
FOURTH AMENDED AND RESTATED CREDIT AGREEMENT
THIS FOURTH AMENDED AND RESTATED CREDIT AGREEMENT (the "Restated Credit
Agreement"), dated as of November 28, 2003, among certain borrowers set forth on
the signature pages hereto (each, a "Borrower"), the various financial
institutions parties to this Restated Credit Agreement (collectively, the
"Banks"), PNC Bank, National Association, as syndication agent and Bank One, NA
as administrative agent.
WHEREAS, the Borrowers, the Banks, the Administrative Agent and various
other agents entered into a Third Amended and Restated Credit Agreement dated as
of November 29, 2002, which amended the Second Amended and Restated Credit
Agreement dated as of November 30, 2001, which amended the Amended and Restated
Credit Agreement dated as of December 1, 2000, among certain Borrowers and
certain Banks (together, the "Credit Agreement"; terms defined in the Credit
Agreement are, unless otherwise defined or the context otherwise requires, used
herein as defined therein); and
WHEREAS, the parties hereto desire to amend and restate the Credit
Agreement in its entirety as hereinafter set forth;
NOW, THEREFORE, in consideration of the premises and for other good and
valuable consideration (the receipt and sufficiency of which are hereby
acknowledged), the parties hereto agree as follows:
SECTION 1 AMENDMENT. Effective as of the date hereof, the Credit Agreement
shall be amended in accordance with Sections 1.1 through 1.6 below.
1.1 Definition. The definition of "Termination Date" in Section 1.1 of the
Credit Agreement is hereby amended by the deletion of the date "November 28,
2003" and the substitution of the date "November 26, 2004."
1.2 Swing Line Advance. Section 2.2(c) of the Credit Agreement is hereby
amended by the deletion of the time "2:00 p.m." and the substitution of the time
"3:00 p.m." therefor.
1.3 Reportable Transaction. Article IV of the Credit Agreement is hereby
amended by the addition of the following at the end:
"4.18 Reportable Transaction. Such Borrower does not intend to treat
the Loans and related transactions as being a "reportable transaction"
(within the meaning of Treasury Regulation Section 1.60111-4). In the
event such Borrower determines to take any action inconsistent with such
intention, it will promptly notify the Administrative Agent thereof. Such
Borrower acknowledges that one or more of the Banks may treat its Loans as
part of a transaction that is subject to Treasury Regulation Section
1.6011-4 or Section 301.6112-1, and the Administrative Agent and such Bank
or Banks, as
applicable, may file such IRS forms or maintain such lists and other
records as they may determine is required by such Treasury Regulations."
1.4 Confidentiality. Section 9.11 of the Credit Agreement is hereby
amended by the addition of the following at the end:
"Notwithstanding anything herein to the contrary, confidential
information shall not include, and each party hereto (and each employee,
representative or other agent of any party hereto) may disclose to any and
all Persons, without limitation of any kind, the U.S. federal income tax
treatment and U.S. federal income tax structure of the transaction
contemplated hereby and all materials of any kind (including opinions or
other tax analyses) that are or have been provided to such party relating
to such tax treatment or tax structure and it is hereby confirmed that
each party hereto has been authorized to make such disclosures since the
commencement of discussion regarding the transactions contemplated
hereby."
1.5 Schedule 1. Schedule 1 to the Credit Agreement is hereby amended to
state as set forth as Schedule 1 to this Restated Credit Agreement.
1.6 Schedule 4.9. Schedule 4.9 to the Credit Agreement is hereby amended
to state as set forth as Schedule 4.9 to this Restated Credit Agreement.
1.7 Schedule 5.20. Schedule 5.20 to the Credit Agreement is hereby amended
to state as set forth as Schedule 5.20 to this Restated Credit Agreement.
SECTION 2 CONDITIONS PRECEDENT. This Restated Credit Agreement shall
become effective when each of the conditions precedent set forth in this Section
2 shall have been satisfied.
2.1 Receipt of Amendment. This Restated Credit Agreement shall have been
duly executed by the Borrowers, the Administrative Agent and the Banks.
2.2 Compliance with Warranties, No Default, etc. Both before and after
giving effect to the effectiveness of this Restated Credit Agreement, the
following statements by each Borrower and, to the extent such Borrower is a
series of a Trust or a Maryland corporation, such Trust or Maryland corporation,
not in its individual capacity, but on behalf of such Borrower, shall be true
and correct (and each Borrower, and, to the extent such Borrower is a series of
a trust or a Maryland corporation, such Trust or Maryland corporation, not in
its individual capacity, but on behalf of such Borrower, by its execution of
this Restated Credit Agreement, hereby severally represents and warrants to the
Banks with respect to itself that such statements are true and correct as at
such times):
(a) the representations and warranties with respect to such Borrower
set forth in Article IV of the Credit Agreement, as amended and restated
hereby, shall be true and correct with the same effect as if then made
(unless stated to relate solely to an earlier
2
date, in which case such representations and warranties shall be true and
correct as of such earlier date); and
(b) no Default or Event of Default shall have then occurred and be
continuing with respect to such Borrower.
2.3 Receipt of Allocation Notice. The Administrative Agent shall have
received an Allocation Notice from the Borrowers.
SECTION 3 REPRESENTATIONS AND WARRANTIES. To induce the Banks to enter
into this Restated Credit Agreement, each Borrower and, to the extent such
Borrower is a series of a Trust or a Maryland corporation, such Trust or
Maryland corporation, not in its individual capacity, but on behalf of such
Borrower, severally represents and warrants with respect to itself to each Bank
as follows:
3.1 Due Authorization, Non-Contravention, etc. The execution, delivery and
performance by such Borrower or, to the extent such Borrower is a series of a
Trust or a Maryland corporation, such Trust or Maryland corporation on behalf of
such Borrower, of this Restated Credit Agreement is within such Borrower's, or
to the extent such Borrower is a series of a Trust or a Maryland corporation,
such Trust's or such Maryland corporation's trust or corporate powers, as the
case may be, have been duly authorized by all necessary trust or corporate
action, as applicable, on the part of such Borrower or, to the extent such
Borrower is a series of a Trust or Maryland corporation, such Trust or such
Maryland corporation, and do not
(a) conflict with such Borrower's, or to the extent such Borrower is
a series of a Trust or a Maryland corporation, such Trust's or Maryland
corporation's, Organization Documents;
(b) conflict with the most recent Prospectus or the most recent SAI
(if applicable) of, any law applicable to, material agreement binding
upon, or court or administrative order or decree applicable to, such
Borrower; or
(c) result in, or require the creation or imposition of, any Lien on
any of such Borrower's assets.
3.2 Government Approval, Regulation, etc. No authorization or approval or
other action by, and no notice to or filing with, any Governmental Authority or
regulatory body or other Person is required for the due execution, delivery or
performance of this Restated Credit Agreement by such Borrower, or to the extent
Borrower is a series of a Trust or a Maryland corporation, such Trust or such
Maryland corporation.
3.3 Validity, etc. This Restated Credit Agreement constitutes the legal,
valid and binding obligation of such Borrower enforceable in accordance with its
terms except as enforceability may be limited by bankruptcy, insolvency,
reorganization, receivership, fraudulent conveyance, fraudulent transfer,
moratorium or other similar laws of general application
3
affecting the enforcement of creditors' rights or by general principles of
equity (regardless of whether considered in a proceeding in equity or at law).
SECTION 4 MISCELLANEOUS.
4.1 Amendment and Restatement. Upon the effectiveness hereof, the Credit
Agreement shall be restated in its entirety to read as set forth in the Credit
Agreement, as amended hereby, and all rights and obligations of the parties
shall be as set forth in the Restated Credit Agreement as amended and restated
hereby (except that any provision of the Credit Agreement which by its terms
survives termination thereof shall remain in full force and effect).
4.2 Payment of Costs and Expenses. Each Borrower severally agrees to pay
on demand its pro rata share of all reasonable out-of-pocket expenses of the
Administrative Agent (including the reasonable fees and out-of-pocket expenses
of counsel to the Administrative Agent) in connection with the negotiation,
preparation, execution and delivery of this Restated Credit Agreement.
4.3 Severability. Any provision of this Restated Credit Agreement which is
prohibited or unenforceable in any jurisdiction shall, as to such provision and
such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions of this Restated
Credit Agreement or affecting the validity or enforceability of such provision
in any other jurisdiction.
4.4 Headings. The various headings of this Restated Credit Agreement are
inserted for convenience only and shall not affect the meaning or interpretation
of this Restated Credit Agreement or any provisions hereof.
4.5 Execution in Counterparts. This Restated Credit Agreement may be
executed by the parties hereto in several counterparts, each of which shall be
deemed to be an original and all of which shall constitute together but one and
the same agreement.
4.6 Governing Law. THIS RESTATED CREDIT AGREEMENT SHALL BE DEEMED TO BE A
CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK.
4.7 Successors and Assigns. This Restated Credit Agreement shall be
binding upon and shall inure to the benefit of the parties hereto and their
respective successors and assigns.
4
IN WITNESS WHEREOF, the parties hereto have caused this Restated Credit
Agreement to be executed by their respective officers thereunto duly authorized
as of the day and year first above written.
Master Large Cap Series Trust, on behalf of
each of the following series:
*Master Large Cap Growth Portfolio
*Master Large Cap Value Portfolio
*Master Large Cap Core Portfolio
Quantitative Master Series Trust, on behalf of
each of the following series:
*Master Enhanced International Series
*Master International (Cap Weighted) Series
*Master Enhanced S&P 500 Series
*Master Extended Market Index Series
*Master MidCap Series
Fund Asset Management Master Trust, on behalf of
each of the following series:
*Low Duration Master Portfolio
Mercury Funds II, on behalf of
the following series:
*Xxxxxxx Xxxxx International Value Fund
Xxxxxxx Xxxxx Xxxxx Term U.S. Government Fund, Inc.
The Asset Program, Inc., on behalf of
each of the following series:
*Xxxxxxx Xxxxx Mid Cap Value Fund
*Mercury Growth Opportunity Fund
Xxxxxxx Xxxxx Balanced Capital Fund, Inc.
Xxxxxxx Xxxxx Xxxx Fund, Inc., on behalf of
each of the following series:
*High Income Portfolio
*Intermediate Term Portfolio
*Core Bond Portfolio
Xxxxxxx Xxxxx Developing Capital Markets Fund, Inc.
Xxxxxxx Xxxxx Disciplined Equity Fund, Inc.
Xxxxxxx Xxxxx Dragon Fund, Inc.
Xxxxxxx Xxxxx Fundamental Growth Fund, Inc.
Xxxxxxx Xxxxx Global Allocation Fund, Inc.
Xxxxxxx Xxxxx Global Growth Fund, Inc.
S-1
Xxxxxxx Xxxxx Global Small Cap Fund, Inc.
Xxxxxxx Xxxxx Global Technology Fund, Inc.
Xxxxxxx Xxxxx Utilities and Telecommunications Fund, Inc.
Xxxxxxx Xxxxx Global Value Fund, Inc.
Xxxxxxx Xxxxx Healthcare Fund, Inc.
Xxxxxxx Xxxxx Latin America Fund, Inc.
Xxxxxxx Xxxxx Municipal Bond Fund, Inc., on behalf of
each of the following series:
*The Insured Portfolio
*The National Portfolio
Xxxxxxx Xxxxx Pacific Fund, Inc.
Xxxxxxx Xxxxx Focus Value Fund, Inc.
Xxxxxxx Xxxxx Series Fund, Inc., on behalf of
each of the following series:
*Large Cap Core Strategy Portfolio
*Global Allocation Strategy Portfolio
*Fundamental Growth Strategy Portfolio
*High Yield Portfolio
*Intermediate Government Bond Portfolio
*Core Bond Strategy Portfolio
*Balanced Capital Strategy Portfolio
Xxxxxxx Xxxxx Variable Series Funds, Inc., on behalf of
each of the following series:
*Xxxxxxx Xxxxx American Balanced V.I. Fund
*Xxxxxxx Xxxxx Basic Value V.I. Fund
*Xxxxxxx Xxxxx Global Growth V.I. Fund
*Xxxxxxx Xxxxx Global Allocation V.I. Fund
*Xxxxxxx Xxxxx Utilities and Telecommunications V.I. Fund
*Xxxxxxx Xxxxx Government Bond V.I. Fund
*Xxxxxxx Xxxxx Index 500 V.I. Fund
*Xxxxxxx Xxxxx Large Cap Core V.I. Fund
*Xxxxxxx Xxxxx Large Cap Value V.I. Fund
*Xxxxxxx Xxxxx Small Cap Value V.I. Fund
*Xxxxxxx Xxxxx High Current Income V.I. Fund
*Xxxxxxx Xxxxx Core Bond V.I. Fund
*Xxxxxxx Xxxxx Fundamental Growth V.I. Fund
Xxxxxxx Xxxxx World Income Fund, Inc.
The Municipal Fund Accumulation Program, Inc.
S-2
Xxxxxxx Xxxxx California Municipal Series Trust,
on behalf of each of the following series:
*Xxxxxxx Xxxxx California Insured Municipal Bond Fund
Xxxxxxx Xxxxx EuroFund
Xxxxxxx Xxxxx U.S. Government Mortgage Fund
Xxxxxxx Xxxxx Natural Resources Trust
Xxxxxxx Xxxxx International Equity Fund
Xxxxxxx Xxxxx Multi-State Municipal Series Trust,
on behalf of each of the following series:
*Xxxxxxx Xxxxx Florida Municipal Bond Fund
*Xxxxxxx Xxxxx New Jersey Municipal Bond Fund
*Xxxxxxx Xxxxx New York Municipal Bond Fund
*Xxxxxxx Xxxxx Pennsylvania Municipal Bond Fund
Xxxxxxx Xxxxx Municipal Series Trust a/k/a Xxxxxxx Xxxxx
Municipal Intermediate Term Fund
Xxxxxxx Xxxxx Equity Dividend Fund
Global Financial Services Master Trust, on behalf of
the following series:
*Global Financial Services Portfolio
Quantitative Master Series Trust, on behalf of
each of the following series:
*Master Aggregate Bond Index Series
*Master S&P 500 Index Series
*Master Small Cap Index Series
Master Basic Value Trust
Master Focus Twenty Trust
Master Senior Floating Rate Trust
Master Small Cap Value Trust
Master U.S. High Yield Trust
S-3
Mercury Master Trust, on behalf of
each of the following series:
*Xxxxxxx Xxxxx Master Global Balanced Portfolio
*Xxxxxxx Xxxxx Master International Portfolio
*Xxxxxxx Xxxxx Master Pan-European Growth Portfolio
*Mercury Master Small Cap Growth Portfolio
By:
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Title
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X-0
XXXX XXX, XX,
Xxxxxxxxxxxx and as Administrative Agent
By:
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Title
----------------------------------------------------
X-0
XXXXX XXXXXX BANK AND TRUST COMPANY
By:
------------------------------------------------------
Title
----------------------------------------------------
S-6
PNC BANK, NATIONAL ASSOCIATION,
Individually and as Syndication Agent
By:
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Title
----------------------------------------------------
S-7
JPMORGAN CHASE BANK
By:
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Title
----------------------------------------------------
S-8
THE BANK OF NEW YORK
By:
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Title
----------------------------------------------------
S-9
XXXXX BROTHERS XXXXXXXX & CO.
By:
------------------------------------------------------
Title
----------------------------------------------------
S-10
BNP PARIBAS
By:
------------------------------------------------------
Title
----------------------------------------------------
By:
------------------------------------------------------
Title
----------------------------------------------------
S-11
ABN AMRO BANK N.V.
By:
------------------------------------------------------
Title
----------------------------------------------------
By:
------------------------------------------------------
Title
----------------------------------------------------
X-00
XXXXXX XXXX, N.A.
By:
------------------------------------------------------
Title
----------------------------------------------------
S-13
HSBC BANK USA
By:
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Title
----------------------------------------------------
S-14
BANK OF AMERICA, N.A.
By:
------------------------------------------------------
Title
----------------------------------------------------
S-15
DANSKE BANK A/S
By:
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Title
----------------------------------------------------
By:
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Title
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S-16
Schedule 1
ADDRESSES FOR NOTICES AND
COMMITMENT AMOUNTS
Bank One, NA Commitment Amount: $80,000,000
1 Bank One Plaza Commitment Percentage: 16%
Xxxxxxx, XX 00000
Attention: Xxxxxx Xxxxxxxxx
Telephone: (000) 000-0000
Facsimile: (000) 000-0000
ABN AMRO Bank N.V. Commitment Amount: $45,000,000
000 Xxxx Xxxxxx Commitment Percentage: 9%
Xxx Xxxx, XX 00000
Attention: Xx. Xxxxxxxx Xxxxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
The Bank of New York Commitment Amount: $45,000,000
One Wall Street Commitment Percentage: 9%
Xxx Xxxx, XX 00000
Attention: Xx. Xxxxxx X. Xxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
BNP Paribas Commitment Amount: $25,000,000
000 0xx Xxxxxx Commitment Percentage: 5%
00xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Xx. Xxxxxxx Xxxxxxxxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
Schedule 1 0
XXXxxxxx Xxxxx Xxxx Xxxxxxxxxx Xxxxxx: $45,000,000
000 Xxxx Xxxxxx Commitment Percentage: 9%
Xxx Xxxx, XX 00000
Attention: Ms. Xxxxx Dell'Aquila
Telephone: 000-000-0000
Facsimile: 000-000-0000
HSBC Bank USA Commitment Amount: $45,000,000
000 0xx Xxx. Commitment Percentage: 9%
00xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Mr. Xxxx Xxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
Bank of America, N.A. Commitment Amount: $25,000,000
000 Xxxxxxx Xxx. Commitment Percentage: 5%
0xx Xxxxx
Xxx Xxxx, XX 00000
Attention: Xx. Xxxxxxxx Xxxxxxxxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
Xxxxx Brothers Xxxxxxxx & Co. Commitment Amount: $25,000,000
00 Xxxxx Xxxxxx Commitment Percentage: 5%
Xxxxxx, XX 00000
Attention: Mr. Xxxxxxx XxXxxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
Schedule 1 2
Mellon Bank, N.A. Commitment Amount: $25,000,000
One Mellon Bank Center Commitment Percentage: 5%
Xxxx 0000
Xxxxxxxxxx, XX 00000-0000
Attention: Xx. Xxxxx Xx Xxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
State Street Bank and Trust Company Commitment Amount: $45,000,000
Mutual Fund Lending Commitment Percentage: 9%
Lafayette Corporate Center
0 Xxxxxx xx Xxxxxxxxx
0xx Xxxxx
Xxxxxx, XX 00000
Attention: Xx. Xxxxxxx Xxxxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
PNC Bank, National Association Commitment Amount: $70,000,000
00 X. 00xx Xx., 00xx Xxxxx Commitment Percentage: 14%
Xxx Xxxx, XX 00000
Attention: Xxx Xxxxx
Telephone: 000-000-0000
Facsimile: 000-000-0000
Danske Bank A/S Commitment Amount: $25,000,000
000 Xxxx Xxxxxx, 00xx Xxxxx Commitment Percentage: 5%
Xxx Xxxx, XX 00000
Attention: Xxxxxx Neofitides
Telephone: 000-000-0000
Facsimile: 000-000-0000
Schedule 1 3
Schedule 4.9
Master Senior Floating Rate Trust
Xxxxxxx Xxxxx Xxxxx Term U.S. Government Fund, Inc.
Xxxxxxx Xxxxx California Municipal Series Trust,
on behalf of the following series:
*Xxxxxxx Xxxxx California Insured Municipal Bond Fund
Xxxxxxx Xxxxx U.S. Government Mortgage Fund
Xxxxxxx Xxxxx Multi-State Municipal Series Trust,
on behalf of each of the following series:
*Xxxxxxx Xxxxx Florida Municipal Bond Fund
*Xxxxxxx Xxxxx New Jersey Municipal Bond Fund
*Xxxxxxx Xxxxx New York Municipal Bond Fund
*Xxxxxxx Xxxxx Pennsylvania Municipal Bond Fund
Xxxxxxx Xxxxx Municipal Bond, Inc.,
on behalf of each of the following series:
*The Insured Portfolio
*The National Portfolio
Xxxxxxx Xxxxx Municipal Series Trust
a/k/a Xxxxxxx Xxxxx Municipal Intermediate
Term Fund
Xxxxxxx Xxxxx Series Funds, Inc.,
on behalf of the following series:
*Intermediate Government Bond Portfolio
Xxxxxxx Xxxxx Variable Series Funds, Inc.,
on behalf of the following series:
* Xxxxxxx Xxxxx Government Bond V.I. Fund
The Municipal Fund Accumulation Program, Inc.
Schedule 4.9 - 1
Schedule 5.20
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[NAME OF BORROWER NAME OF CUSTODIAN *
----------------- -------------------
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Fund Asset Management Master Trust, on behalf of Xxxxx Brothers
each of the following series:
*Low Duration Master Portfolio
--------------------------------------------------------------------------------
Mercury Funds II, on behalf of the following Xxxxx Brothers
series:
*Xxxxxxx Xxxxx International Value Fund
--------------------------------------------------------------------------------
Maryland Corporations:
----------------------
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Xxxxxxx Xxxxx Xxxxx Term U.S. Government Fund, Inc. BONY
--------------------------------------------------------------------------------
The Asset Program, Inc., BONY
on behalf of each of the following series:
*Xxxxxxx Xxxxx Mid Cap Value Fund
*Mercury Growth Opportunity Fund
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Balanced Capital Fund, Inc. BONY
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Xxxx Fund, Inc., State Street
on behalf of each of the following series:
*High Income Portfolio
*Intermediate Term Portfolio
*Core Bond Portfolio
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Developing Capital Markets Fund, Inc. Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Disciplined Equity Fund, Inc. JPMorgan Chase
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Dragon Fund, Inc. Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Fundamental Growth Fund, Inc. JPMorgan Chase
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Global Allocation Fund, Inc. Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Global Growth Fund, Inc. State Street
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Global Small Cap Fund, Inc. Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Global Technology Fund, Inc. Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Utilities and Telecommunications JPMorgan Chase
Fund, Inc.
--------------------------------------------------------------------------------
Schedule 5.20-1
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[NAME OF BORROWER NAME OF CUSTODIAN *
----------------- -------------------
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Xxxxxxx Xxxxx Global Value Fund, Inc. Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Healthcare Fund, Inc. JPMorgan Chase
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Latin America Fund, Inc. Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Municipal Bond Fund, Inc., BONY
on behalf of each of the following series:
*The Insured Portfolio
*The National Portfolio
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Pacific Fund, Inc. Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Focus Value Fund, Inc. JPMorgan Chase
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Series Fund, Inc., BONY
on behalf of each of the following series:
*Large Cap Core Strategy Portfolio
*Global Allocation Strategy Portfolio
*Fundamental Growth Strategy Portfolio
*High Yield Portfolio
*Intermediate Government Bond Portfolio
*Core Bond Strategy Portfolio
*Balanced Capital Strategy Portfolio
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Variable Series Funds, Inc., BONY
on behalf of each of the following series:
*Xxxxxxx Xxxxx American Balanced V.I. Fund
*Xxxxxxx Xxxxx Basic Value V.I. Fund
*Xxxxxxx Xxxxx Global Growth V.I. Fund
*Xxxxxxx Xxxxx Global Allocation V.I. Fund
*Xxxxxxx Xxxxx Utilities and Telecommunications
V.I. Fund
*Xxxxxxx Xxxxx Government Bond V.I. Fund
*Xxxxxxx Xxxxx Index 500 V.I. Fund
*Xxxxxxx Xxxxx Large Cap Core V.I. Fund
*Xxxxxxx Xxxxx Large Cap Value V.I. Fund
*Xxxxxxx Xxxxx Small Cap Value V.I. Fund
*Xxxxxxx Xxxxx High Current Income V.I. Fund
*Xxxxxxx Xxxxx Core Bond V.I. Fund
*Xxxxxxx Xxxxx Fundamental Growth V.I. Fund
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx World Income Fund, Inc. State Street
--------------------------------------------------------------------------------
The Municipal Fund Accumulation Program, Inc. BONY
--------------------------------------------------------------------------------
Massachusetts Business Trusts:
------------------------------
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Xxxxxxx Xxxxx California Municipal Series Trust, BONY
on behalf of the following series:
*Xxxxxxx Xxxxx California Insured Municipal
Bond Fund
--------------------------------------------------------------------------------
Schedule 5.20-2
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[NAME OF BORROWER NAME OF CUSTODIAN *
----------------- -------------------
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Xxxxxxx Xxxxx EuroFund Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx U.S. Government Mortgage Fund BONY
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Natural Resources Trust BONY
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx International Equity Fund Xxxxx Brothers
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Multi-State Municipal Series Trust, State Street
on behalf of each of the following series:
*Xxxxxxx Xxxxx Florida Municipal Bond Fund
*Xxxxxxx Xxxxx New Jersey Municipal Bond Fund
*Xxxxxxx Xxxxx New York Municipal Bond Fund
*Xxxxxxx Xxxxx Pennsylvania Municipal Bond Fund
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Xxxxxxx Xxxxx Municipal Series Trust State Street
a/k/a Xxxxxxx Xxxxx Municipal Intermediate
Term Fund
--------------------------------------------------------------------------------
Xxxxxxx Xxxxx Equity Dividend Fund State Street
--------------------------------------------------------------------------------
Delaware Business Trusts:
-------------------------
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Global Financial Services Master Trust, Xxxxx Brothers
on behalf of the following series:
*Global Financial Services Portfolio
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Quantitative Master Series Trust All Xxxxxxx Xxxxx Global
on behalf of each of the following series: Custody except as noted
*Master Aggregate Bond Index Series
*Master S&P 500 Index Series
*Master Small Cap Index Series
*Master Enhanced International Series JPMorgan Chase
*Master International (Cap Weighted) Series JPMorgan Chase
*Master Enhanced S&P 500 Series JPMorgan Chase
*Master Extended Market Index Series JPMorgan Chase
*Master MidCap Series JPMorgan Chase
--------------------------------------------------------------------------------
Master Basic Value Trust BONY
--------------------------------------------------------------------------------
Master Focus Twenty Trust BONY
--------------------------------------------------------------------------------
Master Senior Floating Rate Trust BONY
--------------------------------------------------------------------------------
Master Small Cap Value Trust BONY
--------------------------------------------------------------------------------
Master U.S. High Yield Trust State Street
--------------------------------------------------------------------------------
Mercury Master Trust, Xxxxx Brothers
on behalf of each of the following series:
*Xxxxxxx Xxxxx Master Global Balanced Portfolio
*Xxxxxxx Xxxxx Master International Portfolio
--------------------------------------------------------------------------------
Schedule 5.20-3
--------------------------------------------------------------------------------
[NAME OF BORROWER NAME OF CUSTODIAN *
----------------- -------------------
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*Xxxxxxx Xxxxx Master Pan-European Growth Portfolio
*Mercury Master Small Cap Growth Portfolio
--------------------------------------------------------------------------------
Master Large Cap Series Trust, on behalf of each Xxxxx Brothers
of the following series:
*Master Large Cap Core Portfolio
*Master Large Cap Growth Portfolio
*Master Large Cap Value Portfolio
--------------------------------------------------------------------------------
*
1. "BONY" = The Bank of New York
2. "Xxxxx Brothers" = Xxxxx Brothers Xxxxxxxx & Co.
3. "JPMorgan Chase" = JPMorgan Xxxxx Xxxx
0. "Xxxxx Xxxxxx" = State Street Bank and Trust Company
Schedule 5.20-4
