Cash Accounts. (i) All cash received or held by the Custodian or by any entity authorized to hold Securities or Cash under this Agreement hereof as interest, dividends, proceeds from transfer, and other payments for or with respect to Securities or in consideration of the sale of Portfolio shares shall be (x) held in the Cash Account of each Portfolio and paid out in accordance with properly authorized Instructions of the Client, on behalf of a Portfolio, received by the Custodian or (y) if specified in the Client’s Instructions, converted to or from U.S. dollars and held by the Custodian hereunder or remitted to the Client, on behalf of a Portfolio, subject to Section 5(F) of this Agreement. The Client, on behalf of a Portfolio, shall bear any foreign exchange risk in connection with such conversion.
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Samples: Global Custodial and Agency Services Agreement (Dimensional ETF Trust), Global Custodial Services Agreement (Dimensional Emerging Markets Value Fund), Global Custodial Services Agreement (Dfa Investment Trust Co)
Cash Accounts. (i) All cash received or held by the Custodian or by any entity authorized to hold Securities or Cash under this Agreement hereof as interest, dividends, proceeds from transfer, and other payments for or with respect to Securities or in consideration of the sale of Portfolio shares shall be (x) held in the Cash Account of each Portfolio and paid out in accordance with properly authorized Instructions of the Client, on behalf of a Portfolio, received by the Custodian or (y) if specified in the Client’s Instructions, converted to or from U.S. dollars and held by the Custodian hereunder or remitted to the Client, on behalf of a Portfolio, subject to Section 5(F) of this Agreement. The Client, on behalf of a Portfolio, shall bear any foreign exchange risk in connection with such conversion.. GCSA 2011 NY - V.06.14.2011- (Std/Neg ENTER CLIENT NAME, DATE 2012)
Appears in 1 contract
Samples: Custodial Services Agreement (Dfa Investment Dimensions Group Inc)
Cash Accounts. (i) 7.3.1. All cash received or held by the Custodian or by any entity authorized to hold Securities or Cash under this Agreement hereof as interest, dividends, proceeds from transfer, and other payments for or with respect to Securities or in consideration of the sale of Portfolio Fund shares shall be (x) held in the Cash Account of each Portfolio Fund and paid out in accordance with properly authorized Instructions of the Client, on behalf of a PortfolioFund, received by the Custodian or (y) if specified in the Client’s Instructions, converted to or from U.S. dollars and held by the Custodian hereunder or remitted to the Client, on behalf of a PortfolioFund, subject to Section 5(F) 7.6. of this Agreement. The Client, on behalf of a PortfolioFund, shall bear any foreign exchange risk in connection with such conversion.
Appears in 1 contract
Samples: Global Custodial and Agency Services Agreement (Nushares ETF Trust)