Common use of Appointment of Subcustodians Clause in Contracts

Appointment of Subcustodians. 1. Notwithstanding any other provisions of this Agreement, all or any of the monies or securities if Fund may be held in Custodian's own custody or in the custody of one or more other banks or trust companies selected by Custodian. Any such subcustodian selected by the Custodian must have the qualifications required for custodian under the Investment Company Act of 1940, as amended. The Custodian may participate directly or indirectly in the Depository Trust Company, Treasury/Federal Reserve Book Entry System, Participant Trust Company (as such entities are defined at 17 CFR Sec. 270.17f-4(b)), or other depository approved by the Fund and with which Custodian has a satisfactory direct or indirect contractual relationship. Custodian will appoint UMBKC and UMBNY as subcustodians and Custodian shall be responsible for UMBKC and UMBNY to the same extent it is responsible to the Fund under Section 5 of this Agreement. Custodian is not responsible for DTC, the Treasury/Federal Reserve Book Entry System, and PTC except to the extent such entities are responsible to Custodian. Upon instruction of the Fund, Custodian shall be willing to contract with such entities as Bank of New York (BONY), Morgan Guaranty and Trust Company (MGTC), Chemical Bank (CB), and Bankers Trust Company (BT) for variable rate securities and Custodian will be responsible to the Fund to the same extent those entities are responsible to Custodian. The Fund shall be entitled to review Custodian's contracts with BONY, MGTC, CB, and BT.

Appointment of Subcustodians. 1. Notwithstanding any other provisions of this Agreement, all or any of the monies or securities if Fund may be held in Custodian's own custody or in the custody of one or more other banks or trust companies selected by Custodian. Any such subcustodian selected by the Custodian must have the qualifications required for custodian under the Investment Company Act of 1940, as amended. The Custodian may participate directly or indirectly in the Depository Trust Company, Treasury/Federal Reserve Book Entry System, Participant Trust Company (as such entities are defined at 17 CFR Sec. 270.17f-4(b)), or other depository approved by the Fund and with which Custodian has a satisfactory direct or indirect contractual relationship. Custodian will appoint UMBKC and UMBNY as subcustodians and Custodian shall be responsible for UMBKC and UMBNY to the same extent it is responsible to the Fund under Section 5 of this Agreement. Custodian is not responsible for DTC, the Treasury/Federal Reserve Book Entry System, and PTC except to the extent such entities are responsible to Custodian. Upon instruction of the Fund, Custodian shall be willing to contract with such entities as Bank of New York (BONY), Morgan Xxxxxx Guaranty and Trust Company (MGTC), Chemical Bank (CB), and Bankers Trust Company (BT) for variable rate securities and Custodian will be responsible to the Fund to the same extent those entities are responsible to Custodian. The Fund shall be entitled to review Custodian's contracts with BONY, MGTC, CB, and BT.

Appointment of Subcustodians. 1. Notwithstanding any other provisions of this Agreement, all or any of the monies or securities if Fund may be held in Custodian's own custody or in the custody of one or more other banks or trust companies selected by Custodian. Any such subcustodian selected by the Custodian must have the qualifications required for custodian under the Investment Company Act of 1940, as amended. The Custodian may participate directly or indirectly in the Depository Trust Company, Treasury/Federal Reserve Book Entry System, Participant Trust Company (as such entities are defined at 17 CFR Sec. 270.17f-4(b)), or other depository approved by the Fund and with which Custodian has a satisfactory direct or indirect contractual relationship. Custodian will appoint UMBKC and UMBNY as subcustodians and Custodian shall be responsible for UMBKC and UMBNY to the same extent it is responsible to the Fund under Section 5 of this Agreement. Custodian is not responsible for DTC, the Treasury/Federal Reserve Book Entry System, and PTC except to the extent such entities are responsible to Custodian. Upon instruction of the Fund, Custodian shall be willing to contract with such entities as Bank of New York (BONY), Morgan Guaranty and Trust Xxust Company (MGTC), Chemical Bank (CB), and Bankers Trust Company (BT) for variable rate securities and Custodian will be responsible to the Fund to the same extent those entities are responsible to Custodian. The Fund shall be entitled to review Custodian's contracts with BONY, MGTC, CB, and BT.

Appointment of Subcustodians. 1. Notwithstanding any other provisions of this Agreement, all or any of the monies or securities if of Fund may be held in Custodian's own custody or in the custody of one or more other banks or trust companies selected by Custodian. Any such subcustodian selected by the Custodian must have the qualifications required for custodian under the Investment Company Act of 1940, as amended. The Custodian subcustodian may participate directly or indirectly in the Depository Trust Company, Treasury/Federal Reserve Book Entry System, Participant Trust Company (as such entities are defined at 17 CFR Sec. 270.17f-4(b)), or other depository approved by the Fund and with which Custodian has a satisfactory direct or indirect contractual relationship. Custodian will appoint UMBKC and UMBNY as subcustodians and Custodian shall be responsible for UMBKC and UMBNY to the same extent it is responsible to the Fund under Section 5 of this Agreement. Custodian is not responsible for DTC, the Treasury/Federal Reserve Book Entry System, and PTC except to the extent such entities are responsible to Custodian. Upon instruction of the Fund, Custodian shall be willing to contract with such entities as Bank of New York (BONY), Morgan Xxxxxx Guaranty and Trust Company (MGTC), Chemical Bank (CB), and Bankers Trust Company (BT) for variable rate securities and Custodian will be responsible to the Fund to the same extent those entities are responsible to Custodian. The Fund shall be entitled to review Custodian's contracts with BONY, MGTC, CB, and BT. 2. Notwithstanding any other provisions of this Agreement, Fund's foreign Securities (as defined in Rule 17f-5(c)(1) under the Investment Company Act of 1940) and Fund's cash or cash equivalents in amounts reasonably necessary to effect Fund's foreign securities transactions, may be held in the custody of one or more banks or trust companies acting as subcustodians, according to Section 3.

Appointment of Subcustodians. 1. Notwithstanding any other provisions of this Agreement, all or any of the monies or securities if of Fund may be held in Custodian's own custody or in the custody of one or more other banks or trust companies selected by Custodian. Any such subcustodian selected by the Custodian must have the qualifications required for custodian under the Investment Company Act of 1940, as amended. The Custodian subcustodian may participate directly or indirectly in the Depository Trust Company, Treasury/Federal Reserve Book Entry System, Participant Trust Company (as such entities are defined at 17 CFR Sec. 270.17f-4(b)), or other depository approved by the Fund and with which Custodian has a satisfactory direct or indirect contractual relationship. Custodian will appoint UMBKC and UMBNY as subcustodians and Custodian shall be responsible for UMBKC and UMBNY to the same extent it is responsible to the Fund under Section 5 of this Agreement. Custodian is not responsible for DTC, the Treasury/Federal Reserve Book Entry System, and PTC except to the extent such entities are responsible to Custodian. Upon instruction of the Fund, Custodian shall be willing to contract with such entities as Bank of New York (BONY), Morgan Guaranty Morgxx Xxxranty and Trust Company (MGTC), Chemical Bank (CB), and Bankers Trust Company (BT) for variable rate securities and Custodian will be responsible to the Fund to the same extent those entities are responsible to Custodian. The Fund shall be entitled to review Custodian's contracts with BONY, MGTC, CB, CB and BT. 2. Notwithstanding any other provisions of this Agreement, Fund's foreign securities (as defined in Rule 17f-5(c)(1) under the Investment Company Act of 1940) and Fund's cash or cash equivalents in amounts reasonably necessary to effect Fund's foreign securities transactions, may be held in the custody of one or more banks or trust companies acting as subcustodians, according to Section 3.

Appointment of Subcustodians. 1. Notwithstanding any other provisions of this Agreement, all or any of the monies or securities if Fund may be held in Custodian's own custody or in the custody of one or more other banks or trust companies selected by Custodian. Any such subcustodian selected by the Custodian must have the qualifications required for custodian under the Investment Company Act of 1940, as amended. The Custodian may participate directly or indirectly in the Depository Trust Company, Treasury/Federal Reserve Book Entry System, Participant Trust Company (as such entities are defined at 17 CFR Sec. 270.17f-4(b)), or other depository approved by the Fund and with which Custodian has a satisfactory direct or indirect contractual relationship. Custodian will appoint UMBKC and UMBNY as subcustodians and Custodian shall be responsible for UMBKC and UMBNY to the same extent it is responsible to the Fund under Section 5 of this Agreement. Custodian is not responsible for DTC, the Treasury/Federal Reserve Book Entry System, and PTC except to the extent such entities are responsible to Custodian. Upon instruction of the Fund, Custodian shall be willing to contract with such entities as Bank of New York (BONY), Morgan Guaranty and Trust Company Xxxxxxy (MGTC), Chemical Bank (CB), and Bankers Trust Company (BT) for variable rate securities and Custodian will be responsible to the Fund to the same extent those entities are responsible to Custodian. The Fund shall be entitled to review Custodian's contracts with BONY, MGTC, CB, and BT.