Common use of Adoption of Procedures Clause in Contracts

Adoption of Procedures. Custodian and Fund may from time to time adopt procedures as they agree upon, and Custodian may conclusively assume that no procedure approved by Fund, or directed by Fund, conflicts with or violates any requirements of its prospectus, "Articles of Incorporation", Bylaws, or any rule or regulation of any regulatory body or governmental agency. Fund will be responsible to notify Custodian of any changes in statutes, regulations, rules or policies which might necessitate changes in Custodian's responsibilities or procedures.

Appears in 12 contracts

Samples: Custody Agreement (Seligman New Technologies Fund Ii Inc), Custody Agreement (Seligman Growth Fund Inc), Custody Agreement (Seligman Municipal Fund Series Inc)

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Adoption of Procedures. Custodian and Fund may from time to time adopt procedures as they agree upon, and Custodian may conclusively assume that no procedure approved by Fund, or directed by Fund, conflicts with or violates any requirements of its prospectus, "Articles of Incorporation", ," Bylaws, or any rule or regulation of any regulatory body or governmental agency. Fund will be responsible to notify Custodian of any changes in statutes, regulations, rules or policies which might necessitate changes in Custodian's responsibilities or procedures.

Appears in 11 contracts

Samples: Custody Agreement (Composite United States Government Securities Inc), Custody Agreement (Composite Income Fund Inc), Custody Agreement (Composite Cash Management Co Inc)

Adoption of Procedures. Custodian and Fund may from time to time adopt procedures as they agree upon, and Custodian may conclusively assume that no procedure approved by Fund, or directed by Fund, Fund or its accountants or other advisors conflicts with or violates any requirements of its prospectus, "Articles of Incorporation"Trust Agreement, Bylaws, any applicable law, rule or regulation, or any rule order, decree or regulation of any regulatory body or governmental agencyagreement by which Fund may be bound. Fund will be responsible to notify Custodian of any changes in statutes, regulations, rules rules, requirements or policies which might necessitate changes in Custodian's responsibilities or procedures.

Appears in 2 contracts

Samples: Custody and Investment Accounting Agreement (Crabbe Huson Small Cap Fund), Custody and Investment Accounting Agreement (Seneca Funds)

Adoption of Procedures. Custodian and Fund may from time to time adopt procedures as they agree upon, and Custodian may conclusively assume that no procedure approved by Fund, or directed by Fund, conflicts with or violates any requirements of its prospectus, "Articles of Incorporation"Trust Instrument, Bylaws, or any rule or regulation of any regulatory body or governmental agency. Fund will be responsible to notify Custodian of any changes in statutes, regulations, rules or policies not specifically governing custodians or banks which might necessitate changes in Custodian's responsibilities or procedures.

Appears in 1 contract

Samples: Custody Agreement (Berger Biam Worldwide Portfolios Trust)

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Adoption of Procedures. Custodian and Fund may from time to time adopt procedures as they agree upon, and Custodian may conclusively assume that no procedure approved by Fund, or directed by Fund, Fund or its accountants or other advisors conflicts with or violates any requirements of its prospectus, "Articles of Incorporation"Trust Agreement, Bylaws, any applicable law, rule or regulation, or any rule order, decree or regulation of any regulatory body or governmental agencyagreement by which Fund may lie bound. Fund will be responsible to notify Custodian of any changes in statutes, regulations, rules rules, requirements or policies which might necessitate changes in Custodian's responsibilities or procedures.

Appears in 1 contract

Samples: Custody and Investment Accounting Agreement (Crabbe Huson Us Govt Money Market Fund Inc)

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