Custody of Cash and Securities. 1. Except as otherwise provided in paragraph 7 of this Article and in Article VIII, the Fund will deliver or cause to be delivered to the Custodian all Securities and all money owned by it, at any time during the period of this Agreement, and shall specify with respect to such Securities and money the Series to which the same are specifically allocated, and the Custodian shall not be responsible for any Securities or money not so delivered. The Custodian shall physically segregate, keep and maintain the Securities of the Series separate and apart from each other Series and from other assets held by the Custodian. Except as otherwise expressly provided in this Agreement, the Custodian will not be responsible for any Securities and money not actually received by it, unless the Custodian has been negligent or has engaged in willful misconduct with respect thereto. The Custodian will be entitled to reverse any credits of money made on the Fund's behalf where such credits have been previously made and money are not finally collected, unless the Custodian has been negligent or has engaged in willful misconduct with respect thereto. The Fund shall deliver to the Custodian a certified resolution of the Board of Trustees of the Fund, substantially in the form of Exhibit A hereto, approving, authorizing and instructing the Custodian on a continuous and on-going basis to deposit in the Book-Entry System all Securities eligible for deposit therein, regardless of the Series to which the same are specifically allocated and to utilize the Book-Entry System to the extent possible in connection with its performance hereunder, including, without limitation, in connection with settlements of purchases and sales of Securities, loans of Securities and deliveries and returns of Securities collateral. Prior to a deposit of Securities specifically allocated to a Series in any Depository, the Fund shall deliver to the Custodian a certified resolution of the Board of Trustees of the Fund, substantially in the form of Exhibit B hereto, approving, authorizing and instructing the Custodian on a continuous and on-going basis until instructed to the contrary by a Certificate to deposit in such Depository all Securities specifically allocated to such Series eligible for deposit therein, and to utilize such Depository to the extent possible with respect to such Securities in connection with its performance hereunder, including, without limitation, in connection with settlements of purchas...
Custody of Cash and Securities. As custodian for the Fund, the Bank will keep safely all of the portfolio securities delivered to the Bank, and will deposit to the account of the Fund all of the cash of the Fund delivered to the Bank, as set forth below.
Custody of Cash and Securities. 1. Each Trust will deliver or cause to be delivered to the Custodian Fund Assets, including cash received for the issuance of its shares. The Custodian will not be responsible for such Fund Assets until actually received by it. Upon such receipt, the Custodian shall hold in safekeeping and physically segregate at all times from the property of any other persons, firms or corporations all Fund Assets received by it from or for the accounts of the Funds. The Custodian will be entitled to reverse any credits made on the Funds' behalf where such credits have been previously made and monies are not finally collected within 90 days of the making of such credits. The Custodian is hereby authorized by the Trusts, acting on behalf of the Funds, to actually deposit and Fund Assets in the Book-Entry System or in a Depository, provided, however, that the Custodian shall always be accountable to the Trusts for the Fund Assets so deposited. Funds Assets deposited in the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts in which the Custodian acts in fiduciary or representative capacity.
Custody of Cash and Securities. 1. The Fund will deliver or cause to be delivered to the Custodian all securities and all moneys owned by it, including cash received for the issuance of its shares, at any time during the period of this Agreement. The Custodian will not be responsible for such securities and such moneys until actually received by it. The Fund shall instruct the Custodian from time to time in its sole discretion, by means of a certificate signed in the name of the Fund by two officers in accordance with the provisions of Article IX, or in connection with the purchase or sale of money market securities, by means of the oral instructions of an authorized person, as to the manner in which and in what amounts such securities and moneys are to be deposited on behalf of the Fund in the Book-Entry System or the depository, as each term is defined in Article IX; provided, however, that prior to the deposit of securities of the Fund in either the Book-Entry System or the depository, including a deposit in connection with the settlement of a purchase or sale, or a delivery of loan collateral, the Custodian shall have received a certified resolution of the Fund's Board of Directors specifically approving such deposits by the Custodian on behalf of the Fund in the Book-Entry System or the depository as the case may be. Securities and moneys of the Fund deposited in either the Book-Entry System or the depository, as the case may be, will be represented in accounts which include only assets held by the Custodian for its customers, in fiduciary or representative capacity.
Custody of Cash and Securities. 1. The Trust will deliver or cause to be delivered to the Custodian all Funds Assets, including cash received for the issuance of its shares, at any time during the period of this Agreement. The Custodian will not be responsible for such fund Assets until actually received by it. Upon such receipt, the Custodian shall hold in safekeeping and physically segregate at all times from the property of any other persons, firms or corporations all Fund Assets received by it from or for the account of the Funds. Any credits from third parties that are made to the Funds' account by the Custodian may be reversed if the monies for them is not finally collected within 90 days from the day the credits are made. The Custodian is hereby authorized by the Trust, acting on behalf of the Funds, to actually deposit any fund Assets in the Book-Entry System or in a Depository, provided, however, that the custodian shall always be accountable to the Trust for the Fund Assets so deposited. Funds Assets deposited in the Book-Entry System or the Depository will be represented in accounts which include only assets held by the custodian for customers, including but not limited to accounts in which the Custodian acts in a fiduciary or representative capacity.
Custody of Cash and Securities. 17. Except as otherwise provided in Article V, each Fund will deliver or cause to be delivered to the Custodian all Securities and all moneys owned by it, including cash received for the issuance of its Shares, at any time during the term of this Agreement. The Custodian will not be responsible for such Securities and such moneys until actually received by it. The Custodian will be entitled to reverse any credits made on a Fund's behalf where such credits have been previously made and moneys are not finally collected. Each Fund shall deliver to the Custodian a certified resolution of the Directors of the Company authorizing and instructing the Custodian on a continuous and ongoing basis to deposit in the Book-Entry System all Securities eligible for deposit therein and to utilize the Book- Entry System to the extent possible in connection with its performance hereunder, including, without limitation, in connection with settlements of purchases and sales of Securities, loans of Securities, and deliveries and returns of Securities collateral. Prior to a deposit of Securities of a Fund in the Depository, the Fund shall deliver to the Custodian a certified resolution of the Directors of the Company approving, authorizing and instructing the Custodian on a continuous and ongoing basis until instructed to the contrary by a Certificate actually received by the Custodian to deposit in the Depository all Securities eligible for deposit therein and to utilize the Depository to the extent possible in connection with its performance hereunder, including, without limitation, in connection with settlements of purchases and sales of Securities, loans of Securities, and deliveries and returns of Securities collateral. Securities and moneys of a Fund deposited in either the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian for customers, including, but not limited to, accounts in which the Custodian acts in a fiduciary or representative capacity.
Custody of Cash and Securities. (a) Receipt and Holding of Assets. ------------------------------ The Trust will deliver or cause to be delivered to the Custodian all Securities and monies owned by the Funds, including cash received from the issuance of Shares, at any time during the period of this Agreement. The Custodian will not be responsible for such Securities and monies until actually received by it. The Trust shall instruct the Custodian from time to time in its sole discretion, by means of Written Instructions, or, in connection with the purchase or sale of Money Market Securities, by means of Oral Instructions or Written Instructions, as to the manner in which and in what amounts Securities and monies are to be deposited on behalf of the Funds in the Book-Entry System or a Depository and specifically allocated on the books of the Custodian to the Funds; provided, however, that prior to the initial deposit of Securities of the Funds in the Book-Entry System or a Depository, including a deposit connection with the settlement of a purchase or sale, the Custodian shall have received a Certificate or Written Instructions specifically approving such deposits by the Custodian in the Book-Entry System or a Depository. Securities and monies of the Funds deposited in the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts which the Custodian acts in a fiduciary or representative capacity.
Custody of Cash and Securities a. Receipt and Holding of Assets. The Series will deliver or cause to be ----------------------------- delivered to the Custodian all Assets owned by it at any time during the period of this Custody Agreement. The Custodian will not be responsible for such Assets until actually received. The Board specifically authorizes the Custodian to hold Assets or other property of the Series with any domestic subcustodian or Securities Depository, and Foreign Custodians or Eligible Securities Depositories in the Foreign Countries as provided in Article II, as may be directed by the Fund or its investment adviser or subadviser, as the case may be. Assets of the Series deposited in a Securities Depository or Eligible Securities Depositories will be reflected in an account or accounts which include only assets held by the Custodian or a Foreign Custodian for its customers.
Custody of Cash and Securities. 1. The Fund will deliver or cause to be delivered to the Custodian all securities and all monies owned by it, including cash received for the issuance of its shares, at any time during the period of this Agreement. The Custodian will not be responsible for such securities and such monies until actually received by it.
Custody of Cash and Securities. Except as set forth on Schedule A hereto with respect to assets of the Trust held outside of the U.S., as custodian for the Trust, the Bank will keep safely all of the portfolio securities delivered to the Bank, and will deposit to the account of he Trust all of the cash of the Trust delivered to the Bank, as set forth below.
