Common use of Accounts and Disbursements Clause in Contracts

Accounts and Disbursements. The Custodian shall establish and -------------------------- maintain a separate account for each Fund and shall credit to the separate account all monies received by it for the account of each such Fund and shall disburse the same only: 1. In payment for Securities purchased for the Fund; 2. In payment of dividends or distributions with respect to the Shares; 3. In payment of original issue or other taxes with respect to the Shares; 4. In payment for Shares which have been redeemed by the Fund; 5. Pursuant to Written Instructions setting forth the name and address of the person to whom the payment is to be made, the amount to be paid and the purpose for which payment is to be made, provided that in the event of disbursements pursuant to this sub-section 2(b), the Fund shall indemnify and hold the Custodian harmless from any claims or losses arising out of such disbursements in reliance on such Written Instructions which it, in good faith, believes to be received from duly Authorized Persons; or 6. In payment of fees and in reimbursement of the expenses and liabilities of the Custodian attributable to the Fund, as provided in Article III, Section 9(I) and Article V, Section 1.___

Accounts and Disbursements. The Custodian shall establish and -------------------------- maintain a separate account for in the name of each Fund and shall credit to the such separate account accounts all monies monies, Assets and other property received by it for the account of each such Fund and shall disburse the same only: 1. In payment for Securities purchased for the applicable Fund; 2. In payment of dividends or distributions with respect to the Shares; 3. In payment of original issue or other taxes with respect to the Shares; 4. In payment for Shares which have been redeemed by the applicable Fund; 5. Pursuant to Written Instructions received by a Senior Authorized Person setting forth the name and address of the person to whom the payment is to be made, the amount to be paid and the purpose for which payment is to be made, provided that in the event of disbursements pursuant to this sub-section 2(b), the Fund Trust shall indemnify and hold the Custodian harmless from any claims or losses arising out of such disbursements in reliance on such Written Instructions which it, reasonably and in good faith, believes to be received from duly Senior Authorized Persons; or 6. In payment of fees and in reimbursement of the reasonable expenses and liabilities of the Custodian attributable to the applicable Fund, as provided in Article III, Section 9(I) and Article V, Section 1.___

Accounts and Disbursements. The Custodian shall establish and -------------------------- maintain a separate account for each the Fund and shall credit to the separate account of the Fund all monies received by it for the account of each such Fund and shall disburse the same only: 1. In payment for Securities purchased for the Fund, as provided in Section 5 hereof; 2. 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, in whole or in part, to be capitalized or treated as deferred expenses; 3. For payment of the amount of dividends received respect of Securities sold short; 4. In payment of dividends or distributions with respect to the SharesShares of the Fund, as provided in Section 7 hereof; 35. In payment of original issue or other taxes with respect to the SharesShares of the Fund; 46. In payment for Shares which have been redeemed repurchased by the Fund, in the open market or otherwise; 57. Pursuant to Written Instructions or, with respect to Money Market Securities, oral Instructions or Written Instructions, setting forth the name and address of the person to whom the payment is to be made, the amount to be paid and the purpose for which payment is to be made, provided that in the event of disbursements pursuant to this sub-section 2(b), the Fund shall indemnify and hold the Custodian harmless from any claims or losses arising out of such disbursements in reliance on such Written Instructions which it, in good faith, believes to be received from duly Authorized Persons; or 68. In payment of fees and in reimbursement of the expenses and liabilities of the Custodian attributable to the Fund, as provided in Article III, Section 9(I3(a) and Article V, Section 110(h) hereof.___