Common use of Custody of Cash and Securities Clause in Contracts

Custody of Cash and Securities. 1. Except as otherwise provided in paragraph 7 of this Article and in Article VIII, the Fund will deliver or cause to be delivered to the Custodian all Securities and all moneys owned by it, at any time during the period of this Agreement, and shall specify with respect to such Securities and money the Series to which the same are specifically allocated. The Custodian shall segregate, keep and maintain the assets of the Series separate and apart. The Custodian will not be responsible for any Securities and moneys not actually received by it. The Custodian will be entitled to reverse any credits made on the Fund's behalf where such credits have been previously made and moneys are not finally collected. The Fund shall deliver to the Custodian a certified resolution of the Board of Trustees of the Fund, approving, authorizing and instructing the Custodian on a continuous and on-going basis to deposit in the Book-Entry System all Securities eligible for deposit therein, regardless of the Series to which the same are specifically allocated and to utilize the Book-Entry System to the extent possible in connection with its performance hereunder, including, without limitation, in connection with settlements of purchases and sales of Securities, loans of Securities, and deliveries and returns of Securities collateral. Prior to a deposit of Securities specifically allocated to a Series in the Depository, the Fund shall deliver to the Custodian a certified resolution of the Board of Trustees of the Fund, approving, authorizing and instructing the Custodian on a

Custody of Cash and Securities. 1. Except as otherwise provided in paragraph 7 of this Article and in Article VIII, the The Fund will deliver or cause to be delivered to the Custodian all Securities and all moneys owned by it, including cash received for the issuance of its shares, at any time during the period of this Agreement, and shall specify with respect to such Securities and money the Series to which the same are specifically allocated. The Custodian shall segregate, keep and maintain the assets of the Series separate and apart. The Custodian will not be responsible for any such Securities and such moneys not until actually received by it. The Custodian will be entitled to reverse any credits made on the Fund's behalf where such credits have been previously made and moneys are not finally collected. The Fund shall deliver to the Custodian Custo- dian a certified resolution of the Board of Trustees of the Fund, Fund approving, authorizing authorizing, and instructing the Custodian on a continuous and on-going basis to deposit in the the. Book-Entry System all Securities eligible for deposit therein, regardless of the Series to which the same are specifically allocated therein and to utilize the Book-Entry System to the extent possible in connection with its performance hereunder, including, without limitationlimita- tion, in connection with settlements of purchases and sales of Securities, loans of Securities, and deliveries and returns of Securities including, without limitation, in connection with settlements of purchases and sales of Secu- rities, loans of Securities, and deliveries and returns of Securities collateral. Prior to a deposit Securities and moneys of Securities specifically allocated to a Series in the Depository, the Fund shall deliver to deposited in either the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian a certified resolution of the Board of Trustees of the Fundfor customers, approvingincluding, authorizing and instructing but not limited to, accounts in which the Custodian on aacts In a fidu- ciary or representative capacity.

Custody of Cash and Securities. 117. Except as otherwise provided in paragraph 7 of this Article and in Article VIIIV, the each Fund will deliver or cause to be delivered to the Custodian all Securities and all moneys owned by it, including cash received for the issuance of its Shares, at any time during the period term of this Agreement, and shall specify with respect to such Securities and money the Series to which the same are specifically allocated. The Custodian shall segregate, keep and maintain the assets of the Series separate and apart. The Custodian will not be responsible for any such Securities and such moneys not until actually received by it. The Custodian will be entitled to reverse any credits made on the a Fund's behalf where such credits have been previously made and moneys are not finally collected. The Fund shall deliver to the Custodian a certified resolution of the Board of Trustees of the Fund, approving, Directors authorizing and instructing the Custodian on a continuous and on-going ongoing basis to deposit in the Book-Entry System all Securities eligible for deposit therein, regardless of the Series to which the same are specifically allocated therein and to utilize the Book-Entry System to the extent possible in connection with its performance hereunder, including, without limitation, in connection with settlements of purchases and sales of Securities, loans of Securities, and deliveries and returns of Securities collateral. Prior to a deposit of Securities specifically allocated to of a Series Fund in the Depository, the Fund shall deliver to the Custodian a certified resolution of the Board of Trustees Directors of the Fund, Fund approving, authorizing and instructing the Custodian on aa continuous and ongoing basis until instructed to the contrary by a Certificate actually received by the Custodian to deposit in the Depository all Securities eligible

Custody of Cash and Securities. 1. Except as otherwise provided in paragraph 7 of this Article and in Article VIII, the Fund will deliver or cause to be delivered to the Custodian all Securities and all moneys owned by it, at any time during the period of this Agreement, and shall specify with respect to such Securities and money the Series to which the same are specifically allocated. The Custodian shall segregate, keep and maintain the assets of the Series separate and apart. The Custodian will not be responsible for any Securities and moneys not actually received by it. The Custodian will be entitled to reverse any credits made on the Fund's behalf where such credits have been previously made and moneys are not finally collected. The Fund shall deliver to the Custodian a certified resolution of the Board of Trustees of the Fund, substantially in the form of Exhibit A hereto, approving, authorizing and instructing the Custodian on a continuous and on-going basis to deposit in the Book-Entry System all Securities eligible for deposit therein, regardless of the Series to which the same are specifically allocated and to utilize the Book-Entry System to the extent possible in connection with its performance hereunder, including, without limitation, in connection with settlements of purchases and sales of Securities, loans of Securities, and deliveries and returns of Securities collateral. Prior to a deposit of Securities specifically allocated to a Series in the Depository, the Fund shall deliver to the Custodian a certified resolution of the Board of Trustees of the Fund, approving, authorizing and instructing the Custodian on athe