Common use of Agreements with Foreign Custodians Clause in Contracts

Agreements with Foreign Custodians. Each agreement between the Custodian and a Foreign Custodian shall be substantially in the form as delivered to the Investment Companies for their Boards' review, and shall not be amended in a way that materially adversely affects any Fund without the prior written consent of the Fund. Upon request, the Custodian shall certify to the Funds that an agreement between the Custodian and a Foreign Custodian meets the requirements of Rule 17f-5 under the 1940 Act.

Appears in 29 contracts

Samples: Custody Agreement (Adjustable Rate Securities Portfolios), Custody Agreement (Franklin Valuemark Funds), Custody Agreement (Franklin Templeton Limited Duration Income Trust)

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Agreements with Foreign Custodians. Each agreement between the Custodian and a Foreign Custodian shall be substantially in the form as delivered to the Investment Companies Company for their Boards' its Board's review, and shall not be amended in a way that materially adversely affects any Fund without the prior written consent of the Fund. Upon request, the Custodian shall certify to the Funds that an agreement between the Custodian and a Foreign Custodian meets the requirements of Rule 17f-5 under the 1940 Act.

Appears in 2 contracts

Samples: Custody Agreement (Franklin Valuemark Funds), Custody Agreement (Templeton Variable Products Series Fund)

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Agreements with Foreign Custodians. Each agreement between the Custodian and a Foreign Custodian shall be substantially in the form as delivered to the Investment Companies for their Boards' ’ review, and shall not be amended in a way that materially adversely affects any Fund without the prior written consent of the Fund. Upon request, the Custodian shall certify to the Funds that an agreement between the Custodian and a Foreign Custodian meets the requirements of Rule 17f-5 under the 1940 Act.

Appears in 1 contract

Samples: Master Custody Agreement (Franklin ETF Trust)

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