Common use of Administrative Accounts Clause in Contracts

Administrative Accounts. In connection with the services provided hereunder, the Custodian is hereby directed to open cash accounts on its books and records from time to time for the purposes of receiving subscriptions and/or processing redemptions on behalf of the Corporation, and/or for the purposes of aggregating, netting and/or clearing transactions (including, without limitation foreign exchange, repurchase agreements, capital stock activity, expense payment) or other administrative purposes, each on behalf of the Corporation. Each such account shall be subject to the terms and conditions of this Agreement and the Corporation shall be liable for the satisfaction of its own obligations in connection with each such account.

Administrative Accounts. In connection with the services provided hereunder, the Custodian is hereby directed to open cash accounts on its books and records from time to time for the purposes of receiving subscriptions and/or processing redemptions on behalf of the Corporationa Fund, and/or for the purposes of aggregating, netting and/or clearing transactions (including, without limitation foreign exchange, repurchase agreements, capital stock activity, expense payment) or other administrative purposes, each on behalf of the Corporationa Fund. Each such account shall be subject to the terms and conditions of this Agreement and the Corporation a Fund shall be liable for the satisfaction of its own obligations in connection with each such account.

Administrative Accounts. In connection with the services provided hereunder, the Custodian is hereby directed to open cash accounts on its books and records from time to time for the purposes of receiving subscriptions and/or processing redemptions on behalf of the CorporationFunds, and/or for the purposes of aggregating, netting and/or clearing transactions (including, without limitation foreign exchange, repurchase agreements, capital stock activity, expense payment) or other administrative purposes, purposes (each on behalf of the Corporationan "Account"). Each such account Account shall be subject to the terms and conditions of this Agreement and the Corporation each Fund shall be liable for the satisfaction of its own obligations in connection with each such accountAccount.

Administrative Accounts. In connection with the services provided hereunder, the Custodian is hereby directed to open cash accounts on its books and records from time to time for the purposes of receiving subscriptions and/or processing redemptions on behalf of the CorporationFund, and/or for the purposes of aggregating, netting and/or clearing transactions (including, without limitation foreign exchange, repurchase agreements, capital stock activity, expense payment) or other administrative purposes, purposes (each on behalf of the Corporationan “Account”). Each such account Account shall be subject to the terms and conditions of this Agreement and the Corporation Fund shall be liable for the satisfaction of its own obligations in connection with each such accountAccount.

Administrative Accounts. In connection with the services provided hereunder, the Custodian is hereby directed to open cash accounts on its books and records from time to time for the purposes of receiving subscriptions and/or processing redemptions on behalf of the CorporationCompany, and/or for the purposes of aggregating, netting and/or clearing transactions (including, without limitation foreign exchange, repurchase agreements, capital stock activity, expense payment) or other administrative purposes, purposes (each on behalf of the Corporationan “Account”). Each such account Account shall be subject to the terms and conditions of this Agreement and the Corporation Company shall be liable for the satisfaction of its own obligations in connection with each such accountAccount.

Administrative Accounts. In connection with the services provided hereunder, the Custodian is hereby xxxxxx directed to open cash accounts on its books and records from time to time for the purposes of receiving subscriptions and/or processing redemptions on behalf of the Corporation, and/or for the purposes of aggregating, netting and/or clearing transactions (including, without limitation foreign exchange, repurchase agreements, capital stock activity, expense payment) or other administrative purposes, each on behalf of the Corporation. Each such account shall be subject to the terms and conditions of this Agreement and the Corporation shall be liable for the satisfaction of its own obligations in connection with each such account.