Exchange of Securities. Unless otherwise directed by Instruction, the Custodian shall: (a) exchange securities held for the account of the Fund for other securities in connection with any reorganization, recapitalization, conversion, split-up, change of par value of shares or similar event, and (b) deposit any such securities in accordance with the terms of any reorganization or protective plan.
Appears in 126 contracts
Samples: Custodian Agreement (Vanguard Specialized Funds), Custodian Agreement (Vanguard World Fund), Custodian Agreement (Vanguard Variable Insurance Funds)
Exchange of Securities. Unless otherwise directed by Instruction, the Custodian shall: after prior notice of such action to the Fund: (a) exchange securities held for the account of the Fund for other securities in connection with any reorganization, recapitalization, conversion, split-up, change of par value of shares or similar event, : and (b) deposit any such securities in accordance with the terms of any reorganization or protective plan.
Appears in 32 contracts
Samples: Custodian Agreement (Pioneer Municipal High Income Opportunities Fund, Inc.), Custodian Agreement (Pioneer Floating Rate Trust), Custodian Agreement (Pioneer CoreTrust I)
Exchange of Securities. Unless otherwise directed by Instruction, the Custodian shall: (a) exchange securities held for the account of the Fund for other securities in connection with any reorganization, recapitalization, conversion, stock-split-up, change of par value of shares or similar event, and (b) deposit any such securities in accordance with the terms of any reorganization or protective plan.
Appears in 7 contracts
Samples: Custodian Agreement (Advisors' Inner Circle Fund II), Custodian Agreement (SEI Catholic Values Trust), Form of Custodian Agreement (SEI Catholic Values Trust)
Exchange of Securities. Unless otherwise directed by Instruction, the Custodian shall: (a) exchange securities held for the account of the Fund Trust (or a Fund) for other securities in connection with any reorganization, recapitalization, conversion, split-up, change of par value of shares or similar event, ; and (b) deposit any such securities in accordance with the terms of any reorganization or protective plan.
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Samples: Custodian Agreement (Sei Institutional International Trust), Custodian Agreement (Sei Institutional Investments Trust)
Exchange of Securities. Unless otherwise directed by Instruction, the Custodian shall: (a) exchange securities held for the account of the Fund for other securities in connection with any reorganization, recapitalization, conversion, split-up, change of par value of shares or similar eventaction, and (b) deposit any such securities in accordance with the terms of any reorganization or protective plan. However, the Fund shall have sole authority to vote the Investments and to make all decision related to any corporate action regarding the Investments.
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