Common use of Most Favored Clause in Contracts

Most Favored. Client If at any time the Foreign Custody Manager shall be a party to an agreement, to serve as a Foreign Custody Manager to an investment company, that provides for either (a) a standard of care with respect to the selection of Eligible Foreign Custodians in any jurisdiction higher than that set forth in paragraph 1 of subsection D of Article 3 of this Agreement or (b) a standard of care with respect to the exercise of the Foreign Custody Manager's duties other than that set forth in subsection F of Article 3 of this Agreement, the Foreign Custody Manager agrees to notify the Fund of this fact and to raise the applicable standard of care hereunder to the standard specified in the other agreement. In the event that the Foreign Custody Manager shall in the future offer review or information services with respect to Mandatory Securities Depositories in addition to any services provided hereunder, the Foreign Custody Manager agrees that it shall notify the Fund of this fact and shall offer these services to the Fund.

Most Favored. Client If at any time the Foreign Custody Manager shall be a party to an agreement, to serve as a Foreign Custody Manager to an investment company, that provides for either (a) a standard of care with respect to the selection of Eligible Foreign Custodians in any jurisdiction higher than that set forth in paragraph 1 of subsection D of Article 3 of this Agreement or (b) a standard of care with respect to the exercise of the Foreign Custody Manager's duties other than that set forth in subsection F of Article 3 of this Agreement, the Foreign Custody Manager agrees to notify the Fund of this fact and to raise negotiate in good faith the applicable standard of care hereunder to the standard specified in the other agreement. In the event that the Foreign Custody Manager shall in the future offer review or information services with respect to Mandatory Securities Depositories in addition to any services provided hereunder, the Foreign Custody Manager agrees that it shall notify the Fund of this fact and shall offer these services to the Fund.

Most Favored. Client If at any time the Foreign Custody Manager shall be a party to an agreement, to serve as a Foreign Custody Manager to an investment company, that provides for either (a) a standard of care with respect to the selection of Eligible Foreign Custodians in any jurisdiction higher than that set forth in paragraph 1 of subsection D of Article 3 of this Agreement or (bor(b) a standard of care with respect to the exercise of the Foreign Custody Manager's duties other than that set forth in subsection F of Article 3 of this Agreement, the Foreign Custody Manager agrees to notify the Fund of this fact and to raise the applicable standard of care hereunder to the standard specified in the other agreement. In the event that the Foreign Custody Manager shall in the future offer review or information services with respect to Mandatory Securities Depositories in addition to any services provided hereunder, the Foreign Custody Manager agrees that it shall notify the Fund of this fact and shall offer these services to the Fund.