Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 256 contracts
Samples: Master Custodian Agreement (India Fund, Inc.), Master Custodian Agreement (Jackson Real Assets Fund), Master Custodian Agreement (Abrdn Total Dynamic Dividend Fund)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 54 contracts
Samples: Custodian Agreement (SSgA Active ETF Trust), Custodian Agreement (SSgA Active ETF Trust), Master Custodian Agreement (Columbia Funds Series Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 38 contracts
Samples: Custodian Contract (China Fund Inc), Custodian Contract (Babson David L Growth Fund Inc), Custodian Contract (Aberdeen Australia Equity Fund Inc)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fundthe Trust, subject only to draft or order by the Custodian acting in pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, Trust other than cash maintained by the Portfolio Trust in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Trust may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it the Custodian may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved in writing by vote of a majority two officers of the BoardTrust. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable subject to withdrawal only by the Custodian only in that capacity.
Appears in 34 contracts
Samples: Master Custodian Agreement (International Income Portfolio), Master Custodian Agreement (Multi-Sector Portfolio), Master Custodian Agreement (Dividend Income Portfolio)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940, as amended. Funds Monies held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds monies to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds monies shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 34 contracts
Samples: Master Custodian Agreement (DWS Value Series, Inc), Master Custodian Agreement (DWS Communications Fund, Inc.), Master Custodian Agreement (DWS Value Equity Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting in pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, Fund other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it the Custodian may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved in writing by vote of a majority two officers of the BoardFund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable subject to withdrawal only by the Custodian only in that capacity.
Appears in 25 contracts
Samples: Master Custodian Agreement (Eaton Vance Tax-Advantaged Bond & Option Strategies Fund), Master Custodian Agreement (Eaton Vance Tax-Advantaged Bond & Option Strategies Fund), Eaton Vance National (Eaton Vance National Municipal Opportunities Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the Investment Company Act of 1940, as amended (the "1940 Act"). Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 24 contracts
Samples: Custodian Contract (BlackRock Long-Term Municipal Advantage Trust), Custodian Contract (Blackrock New York Insured Municipal Income Trust), Custodian Contract (Blackrock Municipal Bond Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; providedPROVIDED, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 19 contracts
Samples: Custodian Contract (Managed High Yield Plus Fund Inc), Custodian Contract (Pax World High Yield Fund Inc), Custodian Contract (Prudential Special Money Market Fund Inc)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each FundFund , subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfoliosuch Fund, other than cash maintained by the Portfolio such Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio each Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority of the BoardBoard of such Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 15 contracts
Samples: Master Custodian Contract (Phoenix Equity Trust), Master Custodian Contract (Phoenix Strategic Equity Series Fund), Master Custodian Contract (Phoenix Multi Sector Short Term Bond Fund)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be duly approved by vote of a majority of the Boardapplicable Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 14 contracts
Samples: Master Custodian Agreement (Natixis ETF Trust II), Master Custodian Agreement (Natixis ETF Trust), Master Custodian Agreement (Gateway Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 11 contracts
Samples: Custodian Contract (Ssga Funds), Custodian Contract (Longleaf Partners Funds Trust), Custodian Contract (Alliance Capital Reserves)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds Monies held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds monies to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds monies shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 10 contracts
Samples: Agreement (Avenue Income Credit Strategies Fund), Agreement (Avenue Mutual Funds Trust), Master Custodian Agreement (Sunamerica Equity Funds)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each FundFund , subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority of the BoardBoard of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 10 contracts
Samples: Van Kampen American Capital Government Securities Fund, Van Kampen American Capital Limited Maturity Government Fund, Van Kampen Equity Trust Ii
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the board of directors or trustees, as applicable, of the Fund (the βBoardβ). Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 8 contracts
Samples: Master Custodian Agreement (Rivernorth Opportunities Fund, Inc.), Master Custodian Agreement (RiverNorth Specialty Finance Corp), Master Custodian Agreement (RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.)
Bank Accounts. The Custodian shall open and maintain a separate ------------- bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 8 contracts
Samples: Master Custodian Agreement (Smith Barney World Funds Inc), Master Custodian Agreement (Smith Barney Principal Return Fund), Master Custodian Agreement (Smith Barney Money Funds Inc)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 7 contracts
Samples: Master Custodian Agreement (X-Square Series Trust), Master Custodian Agreement (Sprott ETF Trust), Master Custodian Agreement (ALPS ETF Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds Cash held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds cash shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 7 contracts
Samples: Custody Agreement, Master Custodian Agreement (Pax World Funds Series Trust Iii), Master Custodian Agreement (Blackstone Real Estate Income Fund II)
Bank Accounts. The Custodian shall open and maintain a separate bank ------------- account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust -------- company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 6 contracts
Samples: Custodian Contract (Managed High Yield Plus Fund Inc), Muniholdings California Insured Fund Iv Inc, Muniholdings New Jersey Insured Fund Ii Inc
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the board of directors or trustees, as applicable, of the Fund (the βBoardβ). Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 6 contracts
Samples: Master Custodian Agreement (WisdomTree Digital Trust), Master Custodian Agreement (WisdomTree Digital Trust), Custodian Agreement (Principal Exchange-Traded Funds)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio Fund may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 6 contracts
Samples: Master Custodian Agreement (FS Multi-Alternative Income Fund), Master Custodian Agreement (FS Series Trust), Master Custodian Agreement (FS Series Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors/Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 5 contracts
Samples: Custodian Contract (Prudential California Municipal Fund), Custodian Contract (Prudential Moneymart Assets Inc), Custodian Contract (Prudential Municipal Series Fund)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 5 contracts
Samples: Custodian Contract (Tax Exempt Bond Portfolio), Custodian Contract (Non Us Fixed Income Portfolio), Custodian Contract (Diversified Portfolio)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfoliosuch Fund, other than cash maintained by the Portfolio such Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio each Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority of the BoardBoard of such Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 5 contracts
Samples: Master Custodian Contract (Zweig Fund Inc /Md/), Master Custodian Contract (Zweig Total Return Fund Inc), Master Custodian Contract (Phoenix Seneca Funds)
Bank Accounts. The Custodian shall open and maintain a ------------- separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 5 contracts
Samples: Master Custodian Agreement (Smith Barney Appreciation Fund Inc), Master Custodian Agreement (Smith Barney Sector Series Funds), Master Custodian Agreement (Greenwich Street Series Fund)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the Investment Company Act of 1940, as amended (the "1940 Act"). Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardTrustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 4 contracts
Samples: Custodian Agreement (Wilmington Low Volatility Fund of Funds), Custodian Agreement (Wt Investment Trust I), Custodian Agreement (Wt Mutual Fund)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; providedPROVIDED, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 4 contracts
Samples: Form of Agreement Custodian Agreement (New Covenant Funds), Sub Advisory Agreement (New Covenant Funds), Custodian Agreement (RWB Funds Investment Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardTrustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 4 contracts
Samples: Custodian Contract (State Street Research Income Trust), Custodian Contract (State Street Research Money Market Trust), Custodian Contract (State Street Research Equity Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds Monies held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds monies to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be duly approved by vote the Board on behalf of a majority of the Boardeach applicable Portfolio. Such funds monies shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 4 contracts
Samples: Master Custodian Agreement (Tiaa Cref Life Fund), Master Custodian Agreement (Tiaa Separate Account Va 1), Mutual Confidentiality Agreement (Tiaa Cref Institutional Mutual Funds)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fundthe Trust, subject only to draft or order by the Custodian acting in pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, Trust other than cash maintained by the Portfolio Trust in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Trust may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it the Custodian may in its discretion deem necessary or desirable; providedPROVIDED, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved in writing by vote of a majority two officers of the BoardTrust. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable subject to withdrawal only by the Custodian only in that capacity.
Appears in 4 contracts
Samples: Master Custodian Agreement (Louisiana Tax Free Portfolio), Master Custodian Agreement (Virginia Tax Free Portfolio), Master Custodian Agreement (Georgia Tax Free Portfolio)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 4 contracts
Samples: Custodian Contract Between (Western Asset Trust Inc), Custodian Contract Between (Alliance Bond Fund Inc), Custodian Contract (Acm Institutional Reserves Inc)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 3 contracts
Samples: Master Custodian Contract (Russell Exchange Traded Funds Trust), Master Custodian Contract (Russell Investment Funds), Master Custodian Contract (Russell Investment Co)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the applicable Fund (in each case, the "BOARD"). Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 3 contracts
Samples: Form of Master Custodian Contract (Hartford Mutual Funds Ii Inc), Master Custodian Contract (Hartford Mutual Funds Inc/Ct), Form of Master Custodian Contract (Hartford Mutual Funds Inc/Ct)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board of Directors of the applicable Fund (in each case, the βBoardβ). Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 3 contracts
Samples: Master Custodian Contract (Hartford Series Fund Inc), Master Custodian Contract (Hartford HLS Series Fund Ii Inc), Master Custodian Contract (Hartford HLS Series Fund Ii Inc)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio the Fund be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 3 contracts
Samples: Custodian Contract (Stein Roe Institutional Floating Rate Income Fund), Custodian Contract (Stein Roe Floating Rate Limited Liability Co), Custodian Contract (Stein Roe Floating Rate Income Fund)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds Monies held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; providedPROVIDED, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds monies to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds monies shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 3 contracts
Samples: Master Custodian Agreement (Sunamerica Focused Series Inc), Master Custodian Agreement (Sunamerica Senior Floating Rate Fund Inc), Master Custodian Agreement (Aig Series Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; providedPROVIDED, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 3 contracts
Samples: Custodian Contract (Sei International Trust), Custody Agreement (Spectra Fund Inc), Janus Investment Fund
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940, as amended. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Investment Company Act of 1940, as amended, and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardTrustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 3 contracts
Samples: Custodian Contract (Prudential Municipal Series Fund), Custodian Contract (Scudder Portfolio Trust/), Custodian Contract (Scudder Investment Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds The Fund held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds fund to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds The fund shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 3 contracts
Samples: Custodian Agreement (Consulting Group Capital Markets Funds), Custodian Services Agreement (Consulting Group Capital Markets Funds), Custodian Services Agreement (Consulting Group Capital Markets Funds)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 17f-3, as amended from time to time, under the 1940 Act. Funds Monies held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds monies to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds monies shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 3 contracts
Samples: Custodian Agreement (New RMR Asia Pacific Real Estate Fund), Custodian Agreement (RMR Real Estate Income Fund), Custodian Agreement (RMR Dividend Capture Fund)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds funds, to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Scudder Pathway Series /New/, Scudder Pathway Series /New/
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash monies received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds Monies held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds monies to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds monies shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Master Custodian Agreement (CION Ares Diversified Credit Fund), Master Custodian Agreement (Ares Dynamic Credit Allocation Fund, Inc.)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940, as amended. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Investment Company Act of 1940, as amended, and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority the Trustees of the BoardFund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Custodian Contract (Harbor Fund), Custodian Contract (Mainstay Funds)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act, as amended from time to time. Funds Monies held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds monies to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds monies shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.. Information Classification: Limited Access
Appears in 2 contracts
Samples: Form of Custodian Agreement (Owl Rock Technology Income Corp.), Form of Custodian Agreement (Owl Rock Technology Income Corp.)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; providedPROVIDED, howeverHOWEVER, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Custodian Contract (Triflex Fund Inc), Custodian Contract (American National Income Fund Inc)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfoliosuch Fund, other than cash maintained by the Portfolio such Fund in a bank account established and used in accordance with Rule 17f-3 promulgated under the 1940 Act. Funds held by the Custodian for a Portfolio Fund may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority of the BoardBoard of such Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Master Custodian Agreement (Ironwood Institutional Multi-Strategy Fund LLC), Master Custodian Agreement (Ironwood Multi-Strategy Fund LLC)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Custodian Contract (Clayton Street Trust), Custodian Contract (Janus Detroit Street Trust)
Bank Accounts. The Custodian shall open and maintain a separate ------------- bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in In such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust -------- company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Custodian Contract (Cigna Funds Group), Custodian Contract (Cigna Variable Products Group)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each FundPortfolio, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable the Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Custodian Contract (JPM Institutional Funds), Custodian Contract (JPM Pierpont Funds)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; providedPROVIDED, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Custodian Agreement (Vision Group of Funds), Master Custodian Agreement (Liberty All-Star Mid Cap Fund)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved in writing by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Subcustodian Agreement (Old Mutual Equity Growth Assets South Africa Fund), Custodian Contract (Old Mutual South Africa Equity Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 Investment Company Act of 1940, as amended ("Investment Company Act"). Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act Investment Company Act, and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardTrustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Custodian Agreement (Aarp Income Trust), Custodian Agreement (Aarp Tax Free Income Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank ------------- account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified -------- to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Custodian Contract (Painewebber Financial Services Growth Fund Inc), Muniyield Pennsylvania Fund
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Ihe Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Master Custodian (John Hancock Funds II), Master Custodian (John Hancock Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio Fund may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority of the Board. , Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 2 contracts
Samples: Master Custodian Agreement (Morgan Creek Global Equity Long/Short Fund), Master Custodian Agreement (Morgan Creek Global Equity Long/Short Institutional Fund)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Investment Company Act of 1940, as amended, and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Custodian Contract (Prudential Intermediate Global Income Fund Inc)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting in pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, Fund other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it the Custodian may in its discretion deem necessary or desirable; provided, however, that every such -------- bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved in writing by vote of a majority an Authorized Officer of the BoardFund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable subject to withdrawal only by the Custodian only in that capacity.
Appears in 1 contract
Samples: Master Custodian Agreement (Hancock John Series Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian 6 acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Investment Company Act of l940 and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority the Trustees of the BoardTrust. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: American Aadvantage Funds
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the Investment Company Act of 1940, as amended (the "1940 Act. ") Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardDirectors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Custodian and Depository Agreement (Monetta Fund Inc)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund. in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fundthe Trust, subject only to draft or order by the Custodian acting in pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, Trust other than cash maintained by the Portfolio Trust in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Trust may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it the Custodian may in its discretion deem necessary or desirable; providedPROVIDED, howeverHOWEVER, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved in writing by vote of a majority two officers of the BoardTrust. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable subject to withdrawal only by the Custodian only in that capacity.
Appears in 1 contract
Samples: Master Custodian Agreement (Wright Blue Chip Master Portfolio Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fundthe Trust, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance -accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its ita credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Custodian Contract Between (Alliance Growth & Income Fund Inc)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a the Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Oppenheimer Quest for Value Funds
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio Fund of each Fundthe Trust, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio Fund may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority of the board of directors or trustees, as applicable, of the Trust (the βBoardβ). Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity. Such accounts will be subject to the terms of this Agreement and such other terms and conditions as may be agreed to by the Custodian or a subcustodian from time to time that does not conflict with the terms of this Agreement.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds Cash held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds cash to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be duly approved by the vote of a majority of the board of directors or trustees, as applicable, of the Fund (the βBoardβ). Such funds cash shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate bank ------------- account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting in pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, Fund other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 1 7f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it the Custodian may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be -------- qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved in writing by vote of a majority of the Boardan Authorized Officer. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable subject to withdrawal only by the Custodian only in that capacity.
Appears in 1 contract
Samples: Custodian Agreement (Hancock John Variable Series Trust I)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 17fβ3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Investment Company Act of l940 and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority the Trustees of the BoardTrust. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Custodian Contract (American Aadvantage Mileage Funds)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all all. cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 Investment Company Act of 1940, as amended ("Investment Company Act"). Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act Investment Company Act, and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardTrustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; providedPROVIDED, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardTrustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Custodian Agreement (Painewebber Managed Municipal Trust /Ny/)
Bank Accounts. The Custodian shall open and maintain a ------------- separate bank account or accounts in the United States in the name of each Portfolio of each Fundthe Trust, subject only to draft or order by the Custodian acting in pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, Trust other than cash maintained by the Portfolio Trust in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Trust may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it the Custodian may in its discretion deem necessary or desirable; provided, -------- however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved in writing by vote of a majority two officers of the BoardTrust. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable subject to withdrawal only by the Custodian only in that capacity.
Appears in 1 contract
Samples: Master Custodian Agreement (Tax Managed Growth Portfolio)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds Monies held by the Custodian for a Portfolio Fund may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds monies to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority of the Board. Such funds monies shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Master Custodian Agreement (Avenue Income Credit Strategies Fund)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion discretion, deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Custodian Contract (Alliance Municipal Income Fund Inc)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940, as amended. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Investment Company Act of 1940, as amended, and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate -------------- bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be -------- qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Company. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Msd&t Funds Inc
Bank Accounts. The Custodian shall open and maintain a . separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Global Custody Agreement (Vanguard Fixed Income Securities Fund Inc)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio Fund of each Fundthe Trust, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio Fund may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.Such
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain upon the terms of the Deposit Account Agreeement a separate bank deposit account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and . The Custodian shall hold in such credit to the deposit account or accounts, subject to the provisions Information Classification: Limited Access hereof, all cash received by it the Custodian from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActFund. Funds held by the Custodian for a Portfolio the Fund may be deposited by it the Custodian to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that (a) every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that (b) each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio the Fund be approved by vote of a majority of the BoardSenior Representatives. Such The funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Custodian Agreement (SPDR Dow Jones Industrial Average Etf Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio Fund may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority of the board of directors or trustees, as applicable, of the Fund (the "Board"). Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Master Custodian Agreement (O'Connor Fund of Funds: Masters)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account accounts of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the Investment Company Act of 1940 ("1940 Act"). Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian Custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardTrustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Custodian Contract (Painewebber Municipal Series /Ny/)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio Fund of each Fundthe Trust, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority resolution of the BoardBoard of Trustees. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Custodian Contract (Harris Associates Investment Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds Monies held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds monies to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority of the Board. Such funds monies shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Master Custodian Agreement (Neuberger Berman ETF Trust)
Bank Accounts. The Custodian shall open and maintain a separate ------------- bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, -------- however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardTrustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Prudential Equity Income Fund
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 17-f3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio the Fund be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate bank ------------- account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified -------- to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Muniholdings Insured Fund Ii Inc
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds furds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in In the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio FUnd in a bank back account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the and may be deposited by it to its credit as Custodian in the banking department Department of the Custodian or in such other banks or trust companies as it It may in its discretion deem dxxx necessary or desirable; provided, however, that every such bank or trust company coapany shall be qualified to act as an a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its Its capacity as an Custodian and shall be withdrawable wwithdrawable by the Custodian only in is that capacity.
Appears in 1 contract
Samples: Merrill Lynch Growth Fund for Investment & Retirement
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreementcontract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, PROVIDED however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Custodian Contract (Invesco Global Health Sciences Fund)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fundthe Portfolio, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Trust. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the board of directors or trustees, as applicable, of the Fund (the "Board''). Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Custodian Agreement (Renaissance Capital Greenwich Funds)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank xxxx or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate bank ------------- account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such -------- bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate _____________ bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Master Custodian Agreement (Travelers Series Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used andused in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; providedPROVIDED, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the applicable Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate bank ------------- account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio the Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Exhibit 99 (Merrill Lynch Corporate High Yield Fund Inc)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each the Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Portfolio, other than cash maintained by the Portfolio in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Trustees of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Funds for Institutions Series
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio Fund of each Fundthe Trust, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 Act. Funds held by the Custodian for a Portfolio Fund may be deposited by it to its credit as Custodian in the banking department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority of the Board. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Samples: Custodian Agreement (Index Exchange Listed Securities Trust)
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the Investment Company Act of 1940, as amended (the "1940 Act"). Funds held by the Custodian for a Portfolio Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio be approved by vote of a majority of the BoardBoard of Directors of the Corporation. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
Appears in 1 contract
Bank Accounts. The Custodian shall open and maintain a separate bank account or accounts in the United States in the name of each Portfolio of each Fund, subject only to draft or order by the Custodian acting pursuant to the terms of this AgreementContract, and shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the PortfolioFund, other than cash maintained by the Portfolio Fund in a bank account established and used in accordance with Rule 17f-3 under the 1940 ActInvestment Company Act of 1940. Funds held by the Custodian for a Portfolio Fund may be deposited by it to its credit as Custodian in the banking department Banking Department of the Custodian or in such other banks or trust companies as it may in its discretion deem necessary or desirable; provided, however, that every such bank or trust company shall be qualified to act as a custodian under the Investment Company Act of 1940 Act and that each such bank or trust company and the funds to be deposited with each such bank or trust company shall on behalf of each applicable Portfolio Fund be approved by vote of a majority of the BoardBoard of the Fund. Such funds shall be deposited by the Custodian in its capacity as Custodian and shall be withdrawable by the Custodian only in that capacity.
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Samples: Custodian Contract (Van Kampen Retirement Strategy Trust)
