Common use of Investment Limitations Clause in Contracts

Investment Limitations. In performing its duties generally, and more particularly in connection with the purchase, sale and exchange of securities made by or for the Fund, the Custodian may assume, unless and until notified in writing to the contrary, that Proper Instructions received by it are not in conflict with or in any way contrary to any provisions of the Fund's Declaration of Trust or By-Laws (or comparable documents) or votes or proceedings of the shareholders or Trustees of the Fund. The Custodian shall in no event be liable to the Fund and shall be indemnified by the Fund for any violation of any investment limitations to which the Fund is subject or other limitations with respect to the Fund's powers to expend funds, encumber securities, borrow or take similar actions affecting its portfolio.

Appears in 35 contracts

Samples: Custodian Agreement (Putnam Classic Equity Fund), Sub Custodian Agreement (Putnam New York Tax Exempt Money Market Fund), Custodian Agreement (Putnam Funds Trust)

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Investment Limitations. In performing its duties generally, and more particularly in connection with the purchase, sale and exchange of securities made by or for the Fund, the Custodian may assume, assume unless and until notified in writing to the contrary, contrary that Proper Instructions proper instructions received by it are not in conflict with or in any way contrary to any provisions of the Fund's Declaration of Trust or Certificate of Incorporation or By-Laws (or comparable documents) or votes or proceedings of the shareholders or Trustees Directors of the Fund. The Custodian shall in no event be liable to the Fund and shall be indemnified by the Fund for any violation which occurs in the course of carrying out instructions given by the Fund of any investment limitations to which the Fund is subject or other limitations with respect to the Fund's powers to expend fundsmake expenditures, encumber securities, borrow or take similar actions affecting its portfoliothe Fund.

Appears in 33 contracts

Samples: Agreement (Pioneer Tax Free State Series Trust), Agreement Between (Pioneer Global High Yield Fund), Custodian Agreement (Pioneer Strategic Income Fund)

Investment Limitations. In performing its duties generally, and more particularly in connection with the purchase, sale and exchange of securities made by or for the Fund, the Custodian may assume, assume unless and until notified in writing to the contrary, contrary that Proper Instructions proper instructions received by it are not in conflict with or in any way contrary to any provisions of the Fund's Declaration of Trust or Certificate of Incorporation or By-Laws (or comparable documents) or votes or proceedings of the shareholders or Trustees or Directors of the Fund. The Custodian shall in no event be liable to the Fund and shall be indemnified by the Fund for any violation which occurs in the course of carrying out instructions given by the Fund of any investment limitations to which the Fund is subject or other limitations with respect to the Fund's powers to expend fundsmake expenditures, encumber securities, borrow or take similar actions affecting its portfoliothe Fund.

Appears in 5 contracts

Samples: Agreement (Phoenix Worldwide Opportunities Fund), Custodian Agreement (Phoenix Multi Portfolio Fund), Custodian Agreement (Phoenix Edge Series Fund)

Investment Limitations. In performing its duties generally, and more particularly in connection with the purchase, sale and exchange of securities made by or for the Fund, the Custodian may assume, assume unless and until notified in writing to the contrary, contrary that Proper Instructions proper instructions received by it are not in conflict with or in any way contrary to any provisions of the Fund's Declaration Certificate of Trust Incorporation or By-Laws (or comparable documents) or votes or proceedings of the shareholders or Trustees Directors of the Fund. The Custodian shall in no event be liable to the Fund and shall be indemnified by the Fund for any violation of any investment limitations to which the Fund is subject or other limitations with respect to the Fund's powers to expend fundsmake expenditures, encumber securities, borrow or take similar actions affecting its portfolio.

Appears in 2 contracts

Samples: Custodian Agreement (First Investors Life Series Fund), Custodian Agreement (First Investors Life Series Fund)

Investment Limitations. In performing its duties generally, and more particularly in connection with the purchase, sale and exchange of securities made by or for the Fund, the Custodian may assume, assume unless and until notified in writing to the contrary, contrary that Proper Instructions proper instructions received by it are not in conflict with or in any way contrary to any provisions of the FundCorporation's Declaration Certificate of Trust Incorporation or By-Laws (or comparable documents) or votes or proceedings of the shareholders or Trustees Directors of the FundCorporation. The Custodian shall in no event be liable to the Fund and shall be indemnified by the Fund Corporation for any violation of any investment limitations to which the Fund is subject or other limitations with respect to the FundCorporation's powers to expend fundsmake expenditures, encumber securities, borrow or take similar actions affecting its portfolio.

Appears in 1 contract

Samples: Custodian Agreement (Scudder Global Fund Inc)

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Investment Limitations. In performing its duties generally, and more particularly in connection with the purchase, sale and exchange of securities made by or for the Fund, the Custodian may assume, assume unless and until notified in writing to the contrary, contrary that Proper Instructions proper instructions received by it are not in conflict with or in any way contrary to any provisions of the Fund's Declaration Certificate of Trust Incorporation or By-Laws (or comparable documents) or votes or proceedings of the shareholders or Trustees Directors of the Fund. The Custodian shall in no event be liable to the Fund fund and shall be indemnified by the Fund for any violation of any investment limitations limiations to which the Fund is subject or other limitations with respect to the Fund's powers to expend fundsmake expenditures, encumber securities, borrow or take similar actions affecting its portfolio.

Appears in 1 contract

Samples: Custodian Agreement (Japan Fund Inc)

Investment Limitations. In performing its duties generally, and more particularly in connection with the purchase, sale and exchange of securities made by or for the Fund, the Custodian may assume, assume unless and until notified in writing to the contrary, contrary that Proper Instructions proper instructions received by it are not in conflict with or in any way contrary to any provisions of the Fund's Declaration Articles of Trust Incorporation or By-Laws (or comparable documents) or votes or proceedings of the shareholders or Trustees directors of the Fund. The Custodian shall in no event be liable to the Fund and shall be indemnified by the Fund for any violation of any investment limitations to which the Fund is subject or other limitations with respect to the Fund's powers to expend funds, make expenditures; encumber securities, borrow or take similar actions affecting its portfolio.

Appears in 1 contract

Samples: Custodian Agreement (Scudder Global Fund Inc)

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