Common use of APPOINTMENT OF AGENTS AND SUBCUSTODIANS Clause in Contracts

APPOINTMENT OF AGENTS AND SUBCUSTODIANS. Provident, as Custodian, may appoint (and may remove), only in compliance with the terms and conditions of the Fund's Articles of Incorporation and ByLaws, as amended, any other bank, trust company or responsible commercial agent as its agent or Subcustodian to carry out such of the provisions of this Agreement as Provident may from time to time direct; provided, however, that the appointment of any such agent or Subcustodian shall not relieve Provident of any of its responsibilities under this Agreement.

APPOINTMENT OF AGENTS AND SUBCUSTODIANS. Provident, as Custodian, may appoint (and may remove), only in compliance with the terms and conditions of the Fund's Articles Declaration of Incorporation Trust and ByLaws, as amended, any other bank, trust company or responsible commercial agent as its agent or Subcustodian to carry out such of the provisions of this Agreement as Provident may from time to time direct; provided, however, that the appointment of any such agent or Subcustodian shall not relieve Provident of any of its responsibilities under this Agreement.