Actions of the Bank. The Bank shall follow Instructions received regarding assets held in the Accounts. However, until it receives Instructions to the contrary, the Bank will: (a) Present for payment any Securities which are called, redeemed or retired or otherwise become payable and all coupons and other income items which call for payment upon presentation, to the extent that the Bank or Subcustodian is actually aware of such opportunities.
Appears in 3 contracts
Samples: Global Custody Agreement, Global Custody Agreement (Price T Rowe Mid Cap Value Fund Inc), Global Custody Agreement (Price T Rowe Tax Efficient Balanced Fund Inc)
Actions of the Bank. The Bank shall follow Instructions received regarding assets held in the Accounts. However, until it receives Instructions to the contrary, the Bank will: will perform the following functions (a) Present for payment any Securities which are called, redeemed or retired or otherwise become payable and all coupons and other income items which call for payment upon presentation, to the extent that the Bank or Subcustodian is actually aware of such opportunities.
Appears in 1 contract
Samples: Global Custody Agreement (American Funds Tax Exempt Series I)
Actions of the Bank. The Bank shall follow Instructions received regarding assets Assets held in the Accounts. However, until it receives Instructions to the contrary, the Bank will: will perform the following functions.
(a) Present for payment any Securities which are called, redeemed or retired or otherwise become payable and all coupons and other income items which call for payment upon presentation, to the extent that the Bank or Subcustodian is actually aware of such opportunities.
Appears in 1 contract
Samples: Global Custody Agreement (Merrill Lynch Short Term Global Income Fund Inc)