Common use of Actions Not Requiring Proper Instructions Clause in Contracts

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the Trust, Custodian shall with respect to all securities and other assets held for a Portfolio: (a) Subject to Section 8.4 below, receive into the Custody Account of such Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio to the issuers of such securities or their agents for the transfer thereof into the name of such Portfolio, Custodian or any of the nominees referred to in Section 3.20 below; (c) Endorse for collection, in the name of such Portfolio, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio all rights and similar securities issued with respect to securities or other assets of such Portfolio; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the TrustCompany, Custodian shall with respect to all securities and other assets held for a Portfoliothe Company: (a) Subject to Section 8.4 below3.16(a) above, receive into the Custody Account of such Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio the Company to the issuers of such securities or their agents for the transfer thereof into the name of such Portfoliothe Company, Custodian or any of the nominees referred to in Section 3.20 below; (c) Endorse for collection, in the name of such Portfoliothe Company, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio the Company all rights and similar securities issued with respect to securities or other assets of such Portfoliothe Company; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the Trust, Custodian shall with respect to all securities and other assets held for a Portfolio: (a) Subject to Section 8.4 below, receive into the Custody Account of such Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio to the issuers of such securities or their agents for the transfer thereof into the name of such Portfolio, Custodian or any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such Portfolio, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio all rights and similar securities issued with respect to securities or other assets of such Portfolio; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the TrustCompany, Custodian shall with respect to all securities and other assets held for a Portfoliothe Company: (a) Subject to Section 8.4 below, receive into the Custody Account of such Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio the Company to the issuers of such securities or their agents for the transfer thereof into the name of such Portfoliothe Company, Custodian or any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such Portfoliothe Company, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio the Company all rights and similar securities issued with respect to securities or other assets of such Portfoliothe Company; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio the Company to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the Trust, Custodian shall with respect to all securities and other assets held for a PortfolioSeries: (a) Subject to Section 8.4 below, receive into the Custody Account of such Portfolio Series any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio Series to the issuers of such securities or their agents for the transfer thereof into the name of such PortfolioSeries, Custodian or any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such PortfolioSeries, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio Series all rights and similar securities issued with respect to securities or other assets of such PortfolioSeries; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio Series to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the TrustCompany, Custodian shall with respect to all securities and other assets held for a Portfolio: (a) Subject to Section 8.4 below, receive into the Custody Account of such Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio to the issuers of such securities or their agents for the transfer thereof into the name of such Portfolio, Custodian or any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such Portfolio, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio all rights and similar securities issued with respect to securities or other assets of such Portfolio; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the Trust, Custodian shall with respect to all securities and other assets held for a the Portfolio: (a) Subject to Section 8.4 7.4 below, receive into the Custody Account of such Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such the Portfolio to the issuers of such securities or their agents for the transfer thereof into the name of such the Portfolio, Custodian or any of the nominees referred to in Section 3.20 below; (c) Endorse for collection, in the name of such the Portfolio, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such the Portfolio all rights and similar securities issued with respect to securities or other assets of such the Portfolio; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the TrustCompany, Custodian shall with respect to all securities and other assets held for a Portfolio: (a) Subject to Section 8.4 below, receive into the Custody Account of such Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio to the issuers of such securities or their agents for the transfer thereof into the name of such Portfolio, Custodian or any of the nominees referred to in Section 3.20 below; (c) Endorse for collection, in the name of such Portfolio, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio all rights and similar securities issued with respect to securities or other assets of such Portfolio; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the TrustFund, Custodian shall with respect to all securities and other assets held for a Portfoliothe Fund: (a) Subject to Section 8.4 7.4 below, receive into the Custody Account of such Portfolio the Fund any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio the Fund to the issuers of such securities or their agents for the transfer thereof into the name of such Portfoliothe Fund, Custodian or any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such Portfoliothe Fund, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio the Fund all rights and similar securities issued with respect to securities or other assets of such Portfoliothe Fund; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the TrustCompany, Custodian shall with respect to all securities and other assets held for a Portfoliothe Fund: (a) Subject to Section 8.4 below, receive into the Custody Account of such Portfolio the Fund any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio the Fund to the issuers of such securities or their agents for the transfer thereof into the name of such Portfoliothe Fund, Custodian or any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such Portfoliothe Fund, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio the Fund all rights and similar securities issued with respect to securities or other assets of such Portfoliothe Fund; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio the Fund to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the Trust, Custodian shall with respect to all securities and other assets held for a Portfolio: (a) Subject to Section 8.4 7.4 below, receive into the Custody Account of such Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio to the issuers of such securities or their agents for the transfer thereof into the name of such Portfolio, Custodian or any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such Portfolio, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio all rights and similar securities issued with respect to securities or other assets of such Portfolio; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the TrustMaster Fund, Custodian shall with respect to all securities and other assets held for a Portfoliothe Master Fund: (a) Subject to Section 8.4 7.4 below, receive into the Custody Account of such Portfolio the Master Fund any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio the Master Fund to the issuers of such securities or their agents for the transfer thereof into the name of such Portfoliothe Master Fund, Custodian or any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such Portfoliothe Master Fund, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio the Master Fund all rights and similar securities issued with respect to securities or other assets of such Portfoliothe Master Fund; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the Trust, Custodian shall with respect to all securities and other assets held for a the Portfolio: (a) Subject to Section 8.4 below, receive into the Custody Account of such the Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such the Portfolio to the issuers of such securities or their agents for the transfer thereof into the name of such the Portfolio, Custodian or any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such the Portfolio, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such the Portfolio all rights and similar securities issued with respect to securities or other assets of such the Portfolio; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such the Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the TrustFund, Custodian shall with respect to all securities and other assets held for a Portfoliothe Fund: (a) Subject to Section 8.4 7.4 below, receive into the Custody Account of such Portfolio the Fund any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio the Fund to the issuers of such securities or their agents for the transfer thereof into the name of such Portfoliothe Fund, Custodian or any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such Portfoliothe Fund, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio the Fund all rights and similar securities issued with respect to securities or other assets of such Portfoliothe Fund; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-non discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the TrustCompany, Custodian shall with respect to all securities and other assets held for a the Portfolio: (a) Subject to Section 8.4 7.4 below, receive into the Custody Account of such the Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such the Portfolio to the issuers of such securities or their agents for the transfer thereof into the name of such the Portfolio, Custodian Custodian, or any of the nominees referred to in Section 3.20 3.17 below; (c) Endorse for collection, in the name of such the Portfolio, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodianCustodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such the Portfolio all rights and similar securities issued with respect to securities or other assets of such the Portfolio; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio the Company to any demand deposit account maintained by the Custodian pursuant to Section 3.8 3.6 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the TrustCompany, Custodian shall with respect to all securities and other assets held for a Portfoliothe Company: (a) Subject to Section 8.4 7.4 below, receive into the Custody Account of such Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio the Company to the issuers of such securities or their agents for the transfer thereof into the name of such Portfoliothe Company, Custodian or any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such Portfoliothe Company, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio the Company all rights and similar securities issued with respect to securities or other assets of such Portfoliothe Company; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the TrustFund, Custodian shall with respect to all securities and other assets held for a Portfoliothe Fund: (a) Subject to Section 8.4 6.4 below, receive into the Custody Account of such Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio the Fund to the issuers of such securities or their agents for the transfer thereof into the name of such Portfoliothe Fund, Custodian or any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such Portfoliothe Fund, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio the Fund all rights and similar securities issued with respect to such securities or other assets of such Portfolioassets; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the TrustFund, Custodian shall with respect to all securities and other assets held for a Portfoliothe Fund: (a) Subject to Section 8.4 below, receive into the Custody Account of such Portfolio the Fund any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio the Fund to the issuers of such securities or their agents for the transfer thereof into the name of such Portfoliothe Fund, of Custodian or of any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such Portfoliothe Fund, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio the Fund all rights and similar securities issued with respect to securities or other assets of such Portfoliothe Fund; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio the Fund to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed ----------------------------------------- by the Trust, Custodian shall with respect to all securities and other assets held for a Portfolio: (a) Subject to Section 8.4 7.4 below, receive into the Custody Account of such Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio to the issuers of such securities or their agents for the transfer thereof into the name of such Portfolio, Custodian or any of the nominees referred to in Section 3.20 below; (c) Endorse for collection, in the name of such Portfolio, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio all rights and similar securities issued with respect to securities or other assets of such Portfolio; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the Trust, Custodian shall with respect to all securities and other assets held for a Portfolio: (a) Subject to Section 8.4 6.4 below, receive into the Custody Account of such Portfolio any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio to the issuers of such securities or their agents for the transfer thereof into the name of such Portfolio, Custodian or any of the nominees referred to in Section 3.20 3.18 below; (c) Endorse for collection, in the name of such Portfolio, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio all rights and similar securities issued with respect to securities or other assets of such Portfolio; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 3.7 above; and (h) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.

Actions Not Requiring Proper Instructions. Unless otherwise instructed by the TrustMaster Fund, Custodian shall with respect to all securities and other assets held for a Portfoliothe Master Fund: (a) Subject to Section 8.4 7.4 below, receive into the Custody Account of such Portfolio the Master Fund any funds or other property, including payments of principal, interest and dividends, due and payable on or on account of such securities and other assets; (b) Deliver securities of such Portfolio the Master Fund to the issuers of such securities or their agents for the transfer thereof into the name of such Portfoliothe Master Fund, Custodian or any of the nominees referred to in Section 3.20 3.21 below; (c) Endorse for collection, in the name of such Portfoliothe Master Fund, checks, drafts and other negotiable instruments; (d) Surrender interim receipts or securities in temporary form for securities in definitive form; (e) Execute, as custodian, any necessary declarations or certificates of ownership under the federal income tax laws of the United States, or the laws or regulations of any other taxing authority, in connection with the transfer of such securities or other assets or the receipt of income or other payments with respect thereto; (f) Receive and hold for such Portfolio the Master Fund all rights and similar securities issued with respect to securities or other assets of such Portfoliothe Master Fund; (g) As may be required in the execution of Proper Instructions, transfer funds from the Custody Account of such Portfolio to any demand deposit account maintained by Custodian pursuant to Section 3.8 above; and (h) In general, attend to all non-non discretionary details in connection with the sale, exchange, substitution, purchase and transfer of, and other dealings in, such securities and other assets.