Common use of Approval of Foreign Sub-custodians Clause in Contracts

Approval of Foreign Sub-custodians. Unless and except to the extent that the Trust has requested and the Custodian has accepted delegation of the appointment of Sub-custodians, the Custodian shall, prior to the appointment of any Sub-custodian for purposes of holding Investments of the Trust or its Funds outside the United States, obtain written confirmation of the approval of the Trust with respect to the identity of such Sub-custodian, such approval to be signed by an Authorized Person. A Written Instruction to open an account in a given country shall comprise authorization by the Trust for the Custodian to hold assets in such country in accordance with the terms of this Agreement. The Sub-custodian shall not be required to make independent inquiry as to the authorization of the Trust or its Fund to invest in such country.

Appears in 38 contracts

Samples: Custody Agreement (Capitol Series Trust), Custody Agreement (Two Roads Shared Trust), Custody Agreement (Avondale Funds)

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Approval of Foreign Sub-custodians. Unless and except to the extent that the Trust Corporation has requested and the Custodian has accepted delegation of the appointment of Sub-custodians, the Custodian shall, prior to the appointment of any Sub-custodian for purposes of holding Investments of the Trust Corporation or its Funds outside the United States, obtain written confirmation of the approval of the Trust Corporation with respect to the identity of such Sub-custodian, such approval to be signed by an Authorized Person. A Written Instruction to open an account in a given country shall comprise authorization by the Trust Corporation for the Custodian to hold assets in such country in accordance with the terms of this Agreement. The Sub-custodian shall not be required to make independent inquiry as to the authorization of the Trust Corporation or its Fund to invest in such country.

Appears in 20 contracts

Samples: Custody Agreement (Mh Elite Portfolio of Funds Trust), Custody Agreement (Mh Elite Portfolio of Funds Trust), Custody Agreement

Approval of Foreign Sub-custodians. Unless and except to the extent that the Trust Company has requested and the Custodian has accepted delegation of the appointment of Sub-custodians, the Custodian shall, prior to the appointment of any Sub-custodian for purposes of holding Investments of the Trust Company or its Funds outside the United States, obtain written confirmation of the approval of the Trust Company with respect to the identity of such Sub-custodian, such approval to be signed by an Authorized Person. A Written Instruction to open an account in a given country shall comprise authorization by the Trust Company for the Custodian to hold assets in such country in accordance with the terms of this Agreement. The Sub-custodian shall not be required to make independent inquiry as to the authorization of the Trust Company or its Fund to invest in such country.

Appears in 18 contracts

Samples: Custody Agreement (MSS Series Trust), Custody Agreement (Capitol Series Trust), Custody Agreement (MSS Series Trust)

Approval of Foreign Sub-custodians. Unless and except to the extent that the Trust Company has requested and the Custodian has accepted delegation of the appointment of Sub-custodians, the Custodian shall, prior to the appointment of any Sub-custodian for purposes of holding Investments of the Trust or its Funds outside the United States, obtain written confirmation of the approval of the Trust Company with respect to the identity of such Sub-custodian, such approval to be signed by an Authorized Person. A Written Instruction to open an account in a given country shall comprise authorization by the Trust Company for the Custodian to hold assets in such country in accordance with the terms of this Agreement. The Sub-custodian shall not be required to make independent inquiry as to the authorization of the Trust Company or its Fund to invest in such country.

Appears in 3 contracts

Samples: Custody Agreement (Dividend & Income Fund), Custody Agreement (Midas Series Trust), Custody Agreement (Foxby Corp.)

Approval of Foreign Sub-custodians. Unless and except to the extent that the Trust has requested and the Custodian has accepted delegation of the appointment of Foreign Sub-custodiansCustodians, the Custodian shall, prior to the appointment of any Foreign Sub-custodian Custodian for purposes of holding Investments of the Trust or its Funds outside the United States, obtain written confirmation of the approval of the Trust with respect to the identity of such Foreign Sub-custodianCustodian, such approval to be signed by an Authorized Person. A Written Proper Instruction to open an account in a given country shall comprise authorization by the Trust for the Custodian to hold assets in such country in accordance with the terms of this Agreement. The Foreign Sub-custodian Custodian shall not be required to make independent inquiry as to the authorization of the Trust or its Fund Funds to invest in such country.

Appears in 2 contracts

Samples: Custodian Agreement (Huntington Funds), Custodian Agreement (Huntington Funds)

Approval of Foreign Sub-custodians. Unless and except to the extent that the Trust has requested and the Custodian has accepted delegation of the appointment of Sub-custodians, the Custodian shall, prior to the appointment of any Sub-custodian for purposes of holding Investments of the Trust or its Funds outside the United States, . obtain written confirmation of the approval of the Trust with respect to the identity of such Sub-custodian, such approval to be signed by an Authorized Person. A Written Instruction to open an account in a given country shall comprise authorization by the Trust for the Custodian to hold assets in such country in accordance with the terms of this Agreement. The Sub-custodian shall not be required to make independent inquiry as to the authorization of the Trust or its Fund to invest in such country.

Appears in 1 contract

Samples: Custody Agreement (American Pension Investors Trust)

Approval of Foreign Sub-custodians. Unless and except to the extent that the Trust Fund has requested and the Custodian has accepted delegation of the appointment of Sub-custodians, the Custodian shall, prior to the appointment of any Sub-custodian for purposes of holding Investments of the Trust or its Funds Fund outside the United States, obtain written confirmation of the approval of the Trust Fund with respect to the identity of such Sub-custodian, such approval to be signed by an Authorized Person. A Written Instruction to open an account in a given country shall comprise authorization by the Trust Fund for the Custodian to hold assets in such country in accordance with the terms of this Agreement. The Sub-custodian shall not be required to make independent inquiry as to the authorization of the Trust or its Fund to invest in such country.

Appears in 1 contract

Samples: Form Of:  custody Agreement (Z Seven Fund Inc)

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Approval of Foreign Sub-custodians. Unless and except to the extent that the Trust Company has requested and the Custodian has accepted delegation of the appointment of Sub-custodians, the Custodian shall, prior to the appointment of any Sub-custodian for purposes of holding Investments of the Trust Company or its Funds outside the United States, obtain written confirmation of the approval of the Trust Company with respect to the identity of such Sub-custodian, such approval to be signed by an Authorized Person. A Written Instruction to open an account in a given country shall comprise authorization by the Trust Company for the Custodian to hold assets in such country in accordance with the terms of this Agreement. .The Sub-custodian shall not be required to make independent inquiry as to the authorization of the Trust Company or its Fund to invest in such country.

Appears in 1 contract

Samples: Custody Agreement (Capitol Series Trust)

Approval of Foreign Sub-custodians. Unless and except to the extent that the Trust has requested hasrequested and the Custodian has accepted delegation of the appointment of Sub-custodians, the Custodian shallCustodianshall, prior to the appointment of any Sub-custodian for purposes of holding Investments of the Trust or its Funds itsFunds outside the United States, obtain written confirmation of the approval of the Trust with respect to the identity theidentity of such Sub-custodian, such approval to be signed by an Authorized Person. A Written Instruction to Instructionto open an account in a given country shall comprise authorization by the Trust for the Custodian to hold assets holdassets in such country in accordance with the terms of this Agreement. The Sub-custodian shall not be required berequired to make independent inquiry as to the authorization of the Trust or its Fund to invest in such countrysuchcountry.

Appears in 1 contract

Samples: Custody Agreement (PSG Capital Management Trust)

Approval of Foreign Sub-custodians. Unless and except to the extent that the Trust has requested and the Custodian has accepted delegation of the appointment of Sub-custodians, the Custodian shall, prior to the appointment of any Sub-custodian for purposes of holding Investments of the Trust or its Funds Fund outside the United States, obtain written confirmation of the approval of the Trust with respect to the identity of such Sub-custodian, such approval to be signed by an Authorized Person. A Written An Instruction to open an account in a given country shall comprise authorization by the Trust for the Custodian to hold assets in such country in accordance with the terms of this Agreement. The Sub-custodian shall not be required to make independent inquiry as to the authorization of the Trust or its Fund to invest in such country.

Appears in 1 contract

Samples: Custody Agreement (Cross Shore Discovery Fund)

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