Common use of Delivery of the Property Clause in Contracts

Delivery of the Property. The Fund will deliver or arrange for delivery to PNC Bank, all the Property owned by the Portfolios, including cash received as a result of the distribution of Shares, during the period that is set forth in this Agreement. PNC Bank will not be responsible for any assets until actual receipt. (b) Receipt and Disbursement of Money. PNC Bank, acting upon Written Instructions, shall open and maintain separate accounts in the Fund's name using all cash received from or for the account of the Fund, subject to the terms of this Agreement. In addition, upon Written Instructions, PNC Bank shall open separate custodial accounts for each separate Portfolio of the Fund (collectively, the "Accounts") and shall hold in the Accounts all cash received from or for the Accounts of the Fund specifically designated to each separate Portfolio. PNC Bank shall make cash payments from or for the Accounts of a Portfolio only for:

Delivery of the Property. The Fund will deliver or arrange for delivery to PNC Bank, all the Property property owned by the PortfoliosFund, including cash received as a result of the distribution of its Shares, during the period that is set forth in this Agreement. PNC Bank will not be responsible for any assets such property until actual receipt. (b) Receipt and Disbursement of Money. PNC Bank, acting upon Written Instructions, shall open and maintain separate accounts account(s) in the Fund's name using all cash received from or for the account of the Fund, subject to the terms of this Agreement. In addition, upon Written Instructions, PNC Bank shall open separate custodial accounts for each separate Portfolio series, class or portfolio of the Fund (collectively, the "Accounts") and shall hold in the Accounts such account(s) all cash received from or for the Accounts accounts of the Fund specifically designated to each separate Portfolioseries, class or portfolio. PNC Bank shall make cash payments from or for the Accounts account of a Portfolio the Fund only for:

Delivery of the Property. The Fund will deliver or arrange for delivery to PNC Bank, all the Property owned by the Portfolios, including cash received as a result of the distribution of Shares, during the period that is set forth in this Agreement. PNC Bank will not be responsible for any assets such property until actual receipt. (b) Receipt and Disbursement of Money. PNC Bank, acting upon Written Instructions, shall open and maintain separate accounts in the Fund's name using all cash received from or for the account of the Fund, subject to the terms of this Agreement. In addition, upon Written Instructions, PNC Bank shall open separate custodial accounts for each separate series or Portfolio of the Fund (collectively, the "Accounts") and shall hold in the Accounts all cash received from or for the Accounts of the Fund specifically designated to each separate series or Portfolio. PNC Bank shall make cash payments from or for the Accounts of a Portfolio only for: