Payment of Fund Moneys. Upon receipt of Proper Instructions, which may be continuing instructions when deemed appropriate by the parties, the Custodian shall pay out moneys of the Fund in the following cases only:
Payment of Fund Moneys. Upon receipt of Proper Instructions on behalf of the applicable Portfolio, which may be continuing instructions when deemed appropriate by the parties, the Custodian shall pay out monies of a Portfolio in the following cases only:
Payment of Fund Moneys. 5 2.8 Liability for Payment in Advance of Receipt of Securities Purchased.............................6 2.9
Payment of Fund Moneys. 8 2.9 Liability for Payment in Advance of Receipt of Securities Purchased .................................. 11 2.10 Payments for Repurchases or Redemptions of Shares of the Fund ............................................ 12 2.11
Payment of Fund Moneys. 6 2.8 Liability for Payment in Advance of Receipt of Securities Purchased . . . . . . . . . . . . . 7 2.9
Payment of Fund Moneys. (7) For the payment of initial or variation margin in connection with trading in futures and options on futures contracts entered into by the Fund on behalf of a Portfolio;
Payment of Fund Moneys. In Article II, Section (H), subsection (6) is renumbered as subsection (8) and new subsections (6) and (7) are added to the Custodian Contract as follows:
Payment of Fund Moneys. Upon receipt of Proper Instructions which may be continuing instructions when deemed appropriate by the parties, the Custodian shall pay out moneys of the Fund in the following cases only: 7 l) Upon the purchase of domestic securities, futures contracts or options on futures contracts for the account of the Fund but only (a) against the delivery of such securities, or evidence of title to futures contracts or options on futures contracts, to the Custodian (or any bank, banking firm or trust company doing business in the United States or abroad which is qualified under the Investment Company Act of 1940, as amended, to act as a custodian and has been designated by the Custodian as its agent for this purpose) registered in the name of the Fund or in the name of a nominee of the Custodian referred to in Section 2.3 hereof or in proper form for transfer; (b) in the case of a purchase effected through a Securities System, in accordance with the conditions set forth in Section 2.10 hereof or (c) in the case of repurchase agreements entered into between the Fund and the Custodian, or another bank, or a broker dealer which is a member of NASD, (i) against delivery of the securities either in certificate form or through an entry crediting the Custodian's account at the Federal Reserve Bank with such securities (notwithstanding that: the written confirmation of such repurchase transaction will be received subsequently) or (ii) against delivery of the receipt evidencing purchase by the Fund of securities owned by the Custodian along with written evidence of the agreement by the Custodian to repurchase such securities from the Fund; 2) In connection with conversion, exchange or surrender of securities owned by the Fund as set forth in Section 2.2 hereof; 3) For the redemption or repurchase of Shares issued by the Fund as set forth in Article 4 hereof; 4) For the payment of any expense or liability incurred by the Fund, including but not limited to the following payments for the account of the Fund: interest, taxes, management, accounting, transfer agent and legal fees, and operating expenses of the Fund whether or not such expenses are to be in whole or part capitalized or treated as deferred expenses; 5) For the payment of any dividends declared pursuant to the governing documents of the Fund; 6) For payment of the amount of dividends received in respect of securities sold short; 7) For any other proper purpose, but only upon receipt of, in addition to Proper Instruc...
Payment of Fund Moneys. 10 2.9 Liability for Payment in Advance of Receipt of Securities Purchased . . . . . . . . . . . . . . . . 12 2.10 Payments for Repurchases or Redemptions of Shares of the Fund . . . . . . . . . . . . . . . . . . . . 12 2.11
Payment of Fund Moneys. 7 2.9 Liability for Payment in Advance of Receipt of Securities Purchased 9 2.10 Payments for Repurchase or Redemptions of Shares of the Fund ....... 9 2.11
