Common use of Appointment of Sub-Custodians Clause in Contracts

Appointment of Sub-Custodians. In connection with its duties under this Agreement, the Custodian may, at its own expense, enter into sub-custodian agreements with other domestic banks or trust companies for the receipt of certain securities and cash to be held by the Custodian for the accounts of the Funds pursuant to this Agreement; provided that each such bank or trust company complies with all relevant provisions of the 1940 Act, applicable state securities laws and the rules and regulations thereunder. The Custodian shall remain responsible for the performance of all of its duties under this Agreement and shall hold the Trust harmless from the acts and omissions, under the standards of care provided for herein, of any domestic bank or trust company that it might choose pursuant to this Section. The parties hereto acknowledge that they intend to enter into a Sub-Custodian Agreement with Morgan Stanley Trust Company or another institution agreexxxx xo xxxx xxoviding for the custody of certain Securities outside the United States in accordance with Rule 17f-5 under the 1940 Act.

Appointment of Sub-Custodians. In connection with its duties under this Agreement, the Custodian may, at its own expense, enter into sub-custodian agreements with other domestic banks or trust companies for the receipt of certain securities and cash to be held by the Custodian for the accounts of the Funds pursuant to this Agreement; provided that each such bank or trust company complies with all relevant provisions of the 1940 Act, applicable state securities laws and the rules and regulations thereunder. The Custodian shall remain responsible for the performance of all of its duties under this Agreement and shall hold the Trust harmless from the acts and omissions, under the standards of care provided for herein, of any domestic bank or trust company that it might choose pursuant to this Section. The parties hereto acknowledge that they intend to enter into a Sub-Sub- Custodian Agreement with Morgan Stanley Boston Safe Deposit and Trust Company or another institution agreexxxx xo xxxx xxoviding agreeable to them providing for the custody of certain Securities outside the United States in accordance with Rule 17f-5 under the 1940 Act.

Appointment of Sub-Custodians. In connection with its duties under this ----------------------------- Agreement, the Custodian may, at its own expense, enter into sub-custodian agreements with other domestic banks or trust companies for the receipt of certain securities and cash to be held by the Custodian for the accounts of the Funds pursuant to this Agreement; provided that each such bank or trust company complies with all relevant provisions of the 1940 Act, applicable state securities laws and the rules and regulations thereunder. The Custodian custodian shall remain responsible for the performance of all of its duties under this Agreement and shall hold the Trust harmless from the acts and omissions, under the standards of care provided for herein, of any domestic bank or trust company that it might choose pursuant to this Section. The parties hereto acknowledge that they intend to enter into a Sub-Custodian Agreement with Morgan Stanley Xxxxxx Xxxxxxx Trust Company or another institution agreexxxx xo xxxx xxoviding agreeable to them providing for the custody of certain Securities securities outside the United States in accordance with Rule 17f-5 under the 1940 Act.. (g)

Appointment of Sub-Custodians. In connection with its duties under this Agreement, the Custodian may, at its own expense, enter into sub-custodian agreements with other domestic banks or trust companies for the receipt of certain securities and cash to be held by the Custodian for the accounts of the Funds pursuant to this Agreement; provided that each such bank or trust company complies with all relevant provisions of the 1940 Act, applicable state securities laws and the rules and regulations thereunder. The Custodian shall remain responsible for the performance of all of its duties under this Agreement and shall hold the Trust St. Clair harmless from the acts and omissions, under the standards of care provided for herein, of any domestic bank or trust company that it might choose pursuant to this Section. The parties hereto acknowledge that they intend to enter into a Sub-Sub- Custodian Agreement with Morgan Stanley Mxxxxx Sxxxxxx Trust Company or another institution agreexxxx xo xxxx xxoviding agreeable to them providing for the custody of certain Securities outside the United States in accordance with Rule 17f-5 under the 1940 Act.