Common use of Actions Permitted without Express Authority Clause in Contracts

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio: 1) Make payments to itself or others for minor, normal, routine expenses to facilitate the settlement of securities transactions that are customary in the market in which the Fund trading and relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other financial assets relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the PortfolioPortfolio and the Fund shall have the opportunity to review such payments and the parties shall use good faith efforts to resolve any dispute with respect to such payments; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio: 1) Make payments to itself or others for minor, normal, normal and routine expenses to facilitate the settlement of securities transactions that are customary in the market markets in which the Fund is trading and relating to its the Custodian’s duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other similar items relating to its duties under this Agreement; provided that the Custodian has not received prior written notice from the applicable Fund that such payment has been disputed by the Fund on behalf of the Portfolio and provided, further, all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other financial assets relating to its duties under this Agreement; provided that all such payments shall be accounted for to the a Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each PortfolioFund: 1) Make payments to itself or others for minor, normal, normal and routine expenses to facilitate the settlement of securities or other transactions that are customary in the market markets in which the Fund is trading and relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the PortfolioFund; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the PortfolioFund, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio Fund except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio: 1) Make make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other similar items relating to its duties under this Agreement; provided that all such payments shall be properly and accurately accounted for to the Fund on behalf of the Portfolio; 2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio Portfolio, except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio, but otherwise acting within the standard of care set forth in Section 16.1: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other similar items relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other financial assets relating to its duties under this Agreement; , provided that all such payments shall be accounted for to the Fund on behalf of the PortfolioPortfolios; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio: 1) Make make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other similar items relating to its duties under this Agreement; provided , PROVIDED that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other similar items relating to its duties under this Agreement; provided that the Custodian has not received prior written notice from the Fund that such payment has been disputed in good faith by the Fund and provided further all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio: 1: (a) Make make payments (not to exceed $10,000 with respect to any Portfolio before an accounting shall be made to the Fund) to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other similar items relating to its duties under this Agreement; provided , PROVIDED that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2; (b) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3; (c) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4and (d) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable BoardBoard of Directors of Fund.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other financial assets relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio:: Information Classification: Limited Access 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other financial assets relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary non‑discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each PortfolioFund: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other financial assets relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund, and the Fund on behalf of shall have the Portfolioopportunity to review such payments and the parties shall use good faith efforts to resolve any dispute with respect to such payments; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the PortfolioFund, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio Fund except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other similar items relating to its duties under this Agreement, including sub-custodian overdraft charges, capital gain taxes or other items set forth in the fee schedule; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the such Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the such Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other similar items relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; andand [STATE STREET LOGO] FUNDS TRANSFER ADDENDUM 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other similar items relating to its duties under this Agreement; provided that the Custodian has not received prior written notice from the Fund that such payment has been disputed by the Fund and provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio: 1) Make payments to itself or others for minor, normal, normal and routine expenses to facilitate the settlement of securities transactions that are customary in the market markets in which the Fund is trading and relating to its the Custodian's duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the Trust or the applicable Fund on behalf of each applicable Portfolio: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other similar items relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; for the purposes of this sub-paragraph, minor expenses are deemed to be those that are under $1,000; any expenses over $1,000 will require prior approval of the Fund; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other financial assets relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio, but otherwise acting within the standard of care set forth in Section 14.1: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other financial assets relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of and to the account of the Portfolio, checks, drafts and other negotiable instruments; andand Information Classification: Limited Access 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio: : 1) Make upon written approval of the Fund, make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other similar items relating to its duties under this Agreement; provided Contract, PROVIDED that all such payments shall be accounted for to the Fund on behalf of the Portfolio; ; 2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; ; 3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and and 4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable BoardBoard of Directors of the Fund.

Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio: 1) Make payments to itself or others for minor, normal, routine minor expenses to facilitate the settlement of handling securities transactions that are customary in the market in which the Fund trading and or other similar items relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; andand FUNDS TRANSFER ADDENDUM [STATE STREET LOGO] 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.