Common use of Central Certificate System Clause in Contracts

Central Certificate System. Subject to such rules, regulations and orders as the Commission may adopt, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or such other Person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the Trust.

Central Certificate System. Subject to such rules, regulations regulations, and orders as the Commission may adopt, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)amended, or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class or Series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the TrustTrust or its custodians, sub-custodians or other agents.

Central Certificate System. Subject to such rules, regulations and orders as the Commission theCommission may adopt, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by ownedby the Trust in a system for the central handling of securities established by a national securities exchange or a national anational securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)asamended, or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 the1940 Act, pursuant to which system all securities of any particular class or series of any issuer deposited within the withinthe system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery physicaldelivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the Trustofthe Trust or its custodians, subcustodians or other agents.

Central Certificate System. Subject to such rules, regulations and orders as the Commission may adopt, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or such other Person as may be permitted by the Commission, or otherwise otherwise, for so long as the Trust shall remain registered as an investment company under the 1940 Act, in accordance with the 1940 Act, pursuant to which system all securities of any particular class of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, ; provided that all such deposits shall be subject to withdrawal only upon the order of the Trust.

Central Certificate System. Subject to the 1940 Act and such other rules, regulations and orders as the Commission may adopt, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class or series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the TrustTrust or its custodians, sub-custodians or other agents.

Central Certificate System. Subject to such rules, regulations and orders as the Commission may adopt, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or such other Person as may be permitted by the Commission, or otherwise otherwise, for so long as the Trust shall remain registered as an investment company under the 1940 Act, in accordance with the 1940 Act, pursuant to which system all securities of any particular class of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, ; provided that all such deposits shall be subject to withdrawal only upon the order of the Trust.

Central Certificate System. Subject to such applicable rules, -------------------------- regulations and orders as adopted by the Commission may adoptCommission, the Board of Trustees may direct the custodian Custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class or series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the Trust.

Central Certificate System. Subject to such rules, regulations regulations, ------------ -------------------------- and orders as the Commission may adopt, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)amended, or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class or series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the TrustTrust or its custodians, sub-custodians or other agents.

Central Certificate System. Subject to such rules, regulations and orders as the Commission may adoptadopt or issue, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust or the Portfolio in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class or portfolio of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the Trust.

Central Certificate System. Subject to such rules, regulations -------------------------- and orders as the Commission may adoptadopt or issue, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust or the Portfolio in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class or portfolio of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the Trust.

Central Certificate System. Subject to such applicable rules, regulations and orders as adopted by the Commission may adoptCommission, the Board of Trustees may direct the custodian Custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 ActInvestment Company Act of 1940, pursuant to which system all securities of any particular class or series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the Trust.

Central Certificate System. Subject to such rules, regulations and orders as the Commission may adopt, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)amended, or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class or Series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the TrustTrust or its custodians, sub-custodians or other agents.

Central Certificate System. Subject to such rules, regulations and orders as the Commission may adopt, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)amended, or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class or series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, ; provided that all such deposits shall be subject to withdrawal only upon the order of the TrustTrust or its custodians, sub-custodians or other agents.

Central Certificate System. Subject to such rules, regulations and orders as the Commission may adopt, the Board of Trustees may direct the custodian Custodian to deposit all or any part of the securities Securities owned by the Trust in a system for the central handling of securities Securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class Class or Series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping b o o k k eeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the Trust.

Central Certificate System. Subject to such rules, regulations and orders as the Commission may adopt, the Board of Trustees may direct the custodian Custodian to deposit all or any part of the securities Securities owned by the Trust in a system for the central handling of securities Securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class Class or Series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the Trust.

Central Certificate System. Subject to such rules, regulations and orders order as the Commission may adopt, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust or any Series of the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class or series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the Trust.

Central Certificate System. Subject to such rules, regulations ---- -------------------------- and orders as the Commission may adoptadopt or issue, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust or the Series in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or such other Person person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class or series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the Trust.