Common use of Agents Clause in Contracts

Agents. The Custodian may at any time or times in its sole discretion appoint (or remove) any other U.S. bank or trust company which is itself qualified under the 1940 Act to act as custodian, as its agent to carry out such of the provisions of this Agreement as the Custodian may from time to time direct; provided, however, that the appointment of any agent shall not relieve the Custodian of its responsibilities or liabilities hereunder.

Appears in 39 contracts

Samples: Custodian Agreement (Bt Alex Brown Cash Reserve Fund Inc), Custodian Agreement (Flag Investors Real Estate Securities Fund Inc), Custodian Agreement (Flag Investors International Fund Inc)

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Agents. The Custodian may at any time or times in its sole discretion appoint (or remove) any other U.S. U. S. bank or trust company which is itself qualified under the 1940 Act to act as custodian, as its agent to carry out such of the provisions of this Agreement as the Custodian may from time to time direct; provided, however, that the appointment of any agent shall not relieve the Custodian of its responsibilities or liabilities hereunder.

Appears in 14 contracts

Samples: Custodian Agreement (Equity 500 Index Portfolio), Custodian Agreement (Tax Free Money Portfolio), Custodian Agreement (International Equity Portfolio)

Agents. The Custodian may at any time or times in its sole discretion appoint (or remove) any other U.S. bank or trust company which is itself qualified under the 1940 Act to act as custodian, as its agent to carry out such of the provisions of this Agreement as the Custodian may from time to time direct; providedPROVIDED, however, that the appointment of any agent shall not relieve the Custodian of its responsibilities or liabilities hereunder.

Appears in 12 contracts

Samples: Custodian Agreement (Usaa Mutual Fund Inc), Custodian Agreement (Usaa Mutual Fund Inc), Custodian Agreement (Wt Investment Trust I)

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Agents. The Custodian may at any time or times in its sole discretion appoint (or remove) any other U.S. bank or trust company which is itself qualified under the 1940 Act to act as custodian, as its agent to carry out such of the provisions of this Agreement as the Custodian may from time to time direct; provided, however, that the appointment of any agent shall not relieve the Custodian of its responsibilities or liabilities hereunder; and provided further, that this Section 11 shall not apply to the appointment, selection or use of any Subcustodian or Securities System.

Appears in 1 contract

Samples: Custodial Agreement (Oppenheimer Master Loan Fund, LLC)