Common use of Advances by Custodian for Settlement Clause in Contracts

Advances by Custodian for Settlement. The Custodian may, in its sole discretion and from time to time, advance funds to the Trust or it’s designee to facilitate the settlement of a Trust transaction on behalf of a Fund in its Custody Account. In consideration of the services to be rendered pursuant to this agreement, Trust shall pay Custodian in accordance with the Fee Schedule annexed hereto as Schedule B. A compensating balance arrangement will be in place for each custody account for the Trust. Cash balance credits will be calculated daily in the custody account for each fund. The monthly aggregate cash balance credit will offset the monthly aggregate overdraft balances. The net aggregate credit or overdraft balance amount will be applied to the monthly custody fee invoice for each fund. No more than one months’ custody fee can be offset by any month’s net cash balance credit.

Advances by Custodian for Settlement. The Custodian may, in its sole discretion and from time to time, advance funds to the Trust Company or it’s designee to facilitate the settlement of a Trust Company transaction on behalf of a Fund the Company in its Custody Account. In consideration of the services to be rendered pursuant to this agreement, Trust the Company shall pay Custodian in accordance with the Fee Schedule annexed hereto as Schedule B. A compensating balance arrangement will be in place for each custody account for the TrustCompany. Cash balance credits will be calculated daily in the custody account for each fund. The monthly aggregate cash balance credit will offset the monthly aggregate overdraft balances. The net aggregate credit or overdraft balance amount will be applied to the monthly custody fee invoice for each fund. No more than one months’ custody fee can be offset by any month’s net cash balance credit.

Advances by Custodian for Settlement. The Custodian may, in its sole discretion and from time to time, advance funds to the Trust or it’s designee to facilitate the settlement of a Trust transaction on behalf of a Fund in its Custody Account. In consideration of the services to be rendered pursuant to this agreement, the Trust shall pay Custodian in accordance with the Fee Schedule annexed hereto as Schedule B. A compensating balance arrangement will be in place for each custody account for the Trust. Cash Custody Account and cash balance credits will be calculated daily in the custody account for each fundCustody Account. The monthly aggregate cash balance credit will offset the monthly aggregate overdraft balances. The net aggregate credit or overdraft balance amount will be applied to the monthly custody fee invoice for each fundinvoice. No more than one months’ custody fee can be offset by any month’s net cash balance credit.

Advances by Custodian for Settlement. The Custodian may, in its sole discretion and from time to time, advance funds to the Trust or it’s 's designee to facilitate the settlement of a Trust transaction on behalf of a Fund in its Custody Account. In consideration of the services to be rendered pursuant to this agreement, Trust shall pay Custodian in accordance with the Fee Schedule annexed hereto as Schedule B. A compensating balance arrangement will be in place for each custody account for the Trust. Cash balance credits will be calculated daily in the custody account for each fund. The monthly aggregate cash balance credit will offset the monthly aggregate overdraft balances. The net aggregate credit or overdraft balance amount will be applied to the monthly custody fee invoice for each fund. No more than one months’ ' custody fee can be offset by any month’s 's net cash balance credit.

Advances by Custodian for Settlement. The Custodian may, in its sole discretion and from time to time, advance funds to the Trust or it’s designee to facilitate the settlement of a Trust transaction on behalf of a Fund in its Custody Account. In consideration of the services to be rendered pursuant to this agreement, Trust shall pay Custodian in accordance with the Fee Schedule annexed hereto as Schedule B. A compensating balance arrangement will be in place for each custody account for the Trust. Cash balance credits will be calculated daily in the custody account for each fund. The monthly aggregate cash balance credit will offset the monthly aggregate overdraft balances. The net aggregate credit or overdraft balance amount will be applied to the monthly custody fee invoice for each fundFund. No more than one months’ custody fee can be offset by any month’s net cash balance credit.

Advances by Custodian for Settlement. The Custodian may, in its sole discretion and from time to time, advance funds to the Trust a Fund or it’s designee to facilitate the settlement of a Trust transaction on behalf of a Fund in its Custody Account. In consideration of the services to be rendered pursuant to this agreement, Trust the applicable Fund shall pay Custodian in accordance with the Fee Schedule annexed hereto as Schedule B. A compensating balance arrangement will be in place for each custody account for the TrustFund’s Custody Account. Cash balance credits will be calculated daily in the custody account for each fundFund’s Custody Account. The monthly aggregate cash balance credit will offset the monthly aggregate overdraft balancesbalances with respect to each Fund. The net aggregate credit or overdraft balance amount will be applied to the monthly custody fee invoice for each fundFund. No more than one months’ month’s custody fee can be offset by any month’s net cash balance credit.

Advances by Custodian for Settlement. The Custodian may, in its sole discretion and from time to time, advance funds to the Trust or it’s its designee to facilitate the settlement of a Trust transaction on behalf of a Fund in its Custody Account. In consideration of the services to be rendered pursuant to this agreement, Trust shall pay Custodian in accordance with the Fee Schedule annexed hereto as Schedule B. A compensating balance arrangement will be in place for each custody account for the Trust. Cash balance credits will be calculated daily in the custody account for each fund. The monthly aggregate cash balance credit will offset the monthly aggregate overdraft balances. The net aggregate credit or overdraft balance amount will be applied to the monthly custody fee invoice for each fund. No more than one months’ custody fee can be offset by any month’s net cash balance credit.

Advances by Custodian for Settlement. The Custodian may, in its sole discretion and from time to time, advance funds to the Trust or it’s its designee to facilitate the settlement of a Trust transaction on behalf of a Fund in its Custody Account. In consideration of the services to be rendered pursuant to this agreement, Trust shall pay Custodian in accordance with the Fee Schedule annexed hereto as Schedule B. A compensating balance arrangement will be in place for each custody account for the Trust. Cash balance credits will be calculated daily in the custody account for each fund. The monthly aggregate cash balance credit will offset the monthly aggregate overdraft balances. The net aggregate credit or overdraft balance amount will be applied to the monthly custody fee invoice for each fund. No more than one months’ ' custody fee can be offset by any month’s 's net cash balance credit.

Advances by Custodian for Settlement. The Custodian may, in its sole discretion and from time to time, advance funds to the Trust Company or it’s its designee to facilitate the settlement of a Trust Company transaction on behalf of a Fund in its Custody Account. In consideration of the services to be rendered pursuant to this agreement, Trust Company shall pay Custodian in accordance with the Fee Schedule annexed hereto as Schedule B. Fee Schedule. A compensating balance arrangement will be in place for each custody account for the TrustCompany. Cash balance credits will be calculated daily in the custody account for each fund. The monthly aggregate cash balance credit will offset the monthly aggregate overdraft balances. The net aggregate credit or overdraft balance amount will be applied to the monthly custody fee invoice for each fund. No more than one months’ custody fee can be offset by any month’s net cash balance credit.

Advances by Custodian for Settlement. The Custodian may, in its sole discretion and from time to time, advance funds to the Trust or it’s designee to facilitate the settlement of a Trust transaction on behalf of a Fund Trust in its Custody Account. In consideration of the services to be rendered pursuant to this agreement, Trust shall pay Custodian in accordance with the Fee Schedule annexed hereto as Schedule B. A compensating balance arrangement will be in place for each custody account for the Trust. Cash balance credits will be calculated daily in the custody account for each fund. The monthly aggregate cash balance credit will offset the monthly aggregate overdraft balances. The net aggregate credit or overdraft balance amount will be applied to the monthly custody fee invoice for each fund. No more than one months’ custody fee can be offset by any month’s net cash balance credit.