Common use of Transactions in Foreign Custody Account Clause in Contracts

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each Fund and delivery of securities maintained for the account of each Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (bCo) of this Section 3.8, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each Fund applicable Portfolio and delivery of securities maintained for the account of each Fund applicable Portfolio may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.83.7, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each the Fund and delivery of securities maintained for the account of each the Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each Fund applicable Portfolio and delivery of securities maintained for the account of each Fund applicable Portfolio may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions provision of Sections 2.2 and 2.7 of this Contract Agreement shall apply, mutatis mutandis mutandis, to the foreign securities of each Fund the Portfolio(s) held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract Agreement to the contrary, settlement and payment for securities received for the account of each Fund the Portfolio and delivery of securities maintained for the account of each Fund the Portfolio may be effected in accordance with the best customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, including delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.Agreement. 3.9

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.83.7, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each Fund applicable Portfolio and delivery of securities maintained for the account of each Fund applicable Portfolio may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each the Fund and delivery of securities maintained for the account of each the Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each Fund the Company held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each Fund the Company and delivery of securities maintained for the account of each Fund the Company may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each Fund the Company agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each Fund and delivery of securities maintained for the account of each Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's ’s nominee to the same extent as set forth in Section 2.3 of this Contract, and each Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.83.7, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. ; (b) Notwithstanding notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each the Fund and delivery of securities maintained for the account of each the Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. ; and (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided ---------------------------------------- in paragraph (b) of this Section 3.8, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each the Fund and delivery of securities maintained for the account of each the Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions provision of Sections Section 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each the Fund and delivery of securities maintained for the account of each the Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each Fund applicable Portfolio and delivery of securities maintained for the account of each Fund applicable Portfolio may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the DRAFT -- FOR DISCUSSION PURPOSES ONLY name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions provision of Sections Section 2.2 and 2.7 of this Contract shall apply, mutatis mutates mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each Fund applicable Portfolio and delivery of securities maintained for the account of each Fund applicable Portfolio may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.. 3.9

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any nay provision of this Contract to the contrary, settlement and payment for securities received for the account of each the Fund and sad delivery of securities maintained for the account of each the Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.83.7, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodianssubcustodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each the Fund and delivery of securities maintained for the account of each the Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian subcustodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each Fund the Corporation agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.83.7, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. ; (bI,) Notwithstanding notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each the Fund and delivery of securities maintained for the account of each the Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. ; and (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.83.7, the provisions provision of Sections 2.2 and 2.7 of this Contract Agreement shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract Agreement to the contrary, settlement and payment for securities received for the account of each Fund applicable Portfolio and delivery of securities maintained for the account of each Fund applicable Portfolio may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this ContractAgreement, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each the Fund and delivery of securities maintained for the account of each the Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.the

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions provision of Sections 2.2 and 2.7 2.6 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each the Fund and delivery of securities maintained for the account of each the Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each the Fund and delivery of securities maintained for the account of each the Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment payment. for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record re cord of such securities.

Transactions in Foreign Custody Account. (a) Except as otherwise provided in paragraph (b) of this Section 3.8, the provisions provision of Sections 2.2 and 2.7 of this Contract shall apply, mutatis mutandis to the foreign securities of each the Fund held outside the United States by foreign sub-custodians. (b) Notwithstanding any provision of this Contract to the contrary, settlement and payment for securities received for the account of each the Fund and delivery of securities maintained for the account of each the Fund may be effected in accordance with the customary established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivering securities to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) against a receipt with the expectation of receiving later payment for such securities from such purchaser or dealer. (c) Securities maintained in the custody of a foreign sub-custodian may be maintained in the name of such entity's nominee to the same extent as set forth in Section 2.3 of this Contract, and each the Fund agrees to hold any such nominee harmless from any liability as a holder of record of such securitiessecurities (except liability for failing to act in accordance with instructions).