Common use of ADOPTION OF THE AGREEMENT BY THE FUND Clause in Contracts

ADOPTION OF THE AGREEMENT BY THE FUND. Each Fund listed on Appendix A represents that its Board has approved this Agreement and has duly authorized the Fund to adopt this Agreement. This Agreement shall be deemed to be duly executed and delivered by each of the parties in its name and on its behalf by its duly authorized officer as of the date hereof, and this Agreement shall be deemed to supersede and terminate, as of such date, all prior agreements between the Fund and the Custodian relating to the custody of the Fund’s assets.