Common use of Availability of Federal Funds Clause in Contracts

Availability of Federal Funds. Upon mutual agreement between a Trust, on behalf of each applicable Portfolio, and the Custodian, the Custodian shall, upon the receipt of Proper Instructions from the Trust, make federal funds available to such Portfolio as of specific times agreed upon from time to time by the Trust and the Custodian in the amount of checks received in payment for Shares of such Portfolio which are deposited into the Portfolio’s account.

Appears in 1 contract

Samples: Custodian Agreement (American Beacon Sound Point Enhanced Income Fund)

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Availability of Federal Funds. Upon mutual agreement between a Trust, on behalf of each applicable Portfolio, the Trust and the Custodian, the Custodian shall, upon the receipt of Proper Instructions from the TrustInstructions, make federal funds available to such Portfolio the Trust as of specific specified times agreed upon from time to time by the Trust and the Custodian in the amount of checks received in payment for Shares Units or Preferred Units of such Portfolio the Trust which are deposited into the Portfolio’s Trust's account.

Appears in 1 contract

Samples: Custodian Contract (Blackrock Mqe Investors)

Availability of Federal Funds. Upon mutual agreement between a Trust, Trust ----------------------------- on behalf of each applicable Portfolio, the Funds and the Custodian, the Custodian shall, upon the receipt of Proper Instructions from the TrustInstructions, make federal funds available to such Portfolio the Trust as of specific specified times agreed upon from time to time by the Trust and the Custodian in the amount of checks received in payment for Shares of such Portfolio the Fund which are deposited into the Portfolio’s Trust's account.

Appears in 1 contract

Samples: Custodian Contract (State Farm Variable Product Trust)

Availability of Federal Funds. Upon mutual agreement between a Trust, on behalf of each applicable Portfolio, the Trust and the Custodian, the Custodian shall, upon the receipt of Proper Instructions from the Trust, shall make federal funds available to such Portfolio the Funds as of specific specified times agreed upon from time to time by the Trust and the Custodian in the amount of checks checks, clearing house funds, and other non-federal funds received in payment for Shares of such Portfolio the Fund which are deposited into the Portfolio’s accountFunds’ accounts.

Appears in 1 contract

Samples: Custodian Contract (Federated Equity Funds)

Availability of Federal Funds. Upon mutual agreement between a Trust, the Trust on behalf of each applicable Portfolio, Portfolio and the Custodian, the Custodian shall, upon the receipt of Proper Instructions from the TrustTrust on behalf of a Portfolio, make federal funds available to such Portfolio as of specific specified times agreed upon from time to time by the Trust and the Custodian in the amount of checks received in payment for Shares of such Portfolio which are deposited into the Portfolio’s account.

Appears in 1 contract

Samples: Custodian Contract (Legg Mason Investment Trust)

Availability of Federal Funds. Upon mutual agreement between a Trust, on behalf of each applicable Portfolio, the Trust and the Custodian, the Custodian shall, upon the receipt of Proper Instructions from the Trust, make federal funds available to such Portfolio the Trust for the Portfolio(s) as of specific specified times agreed upon from time to time by the Trust and the Custodian in the amount of checks received in payment for Shares of Interests in such Portfolio Portfolio(s) which are deposited into the Portfolio’s accountaccount of the Portfolio(s).

Appears in 1 contract

Samples: Custodian Contract (Series Portfolio)

Availability of Federal Funds. Upon mutual agreement between a the Trust, on behalf of each applicable Portfolio, and the Custodian, the Custodian shall, upon the receipt of Proper Instructions from the Trust, make federal funds available to such Portfolio as of specific times agreed upon from time to time by the Trust and the Custodian in the amount of checks received in payment for Shares of such Portfolio which are deposited into the Portfolio’s account.

Appears in 1 contract

Samples: Custodian Agreement (American Beacon Institutional Funds Trust)

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Availability of Federal Funds. Upon mutual agreement between a Trust, on behalf of each applicable Portfolio, the Trust and the Custodian, the Custodian shall, upon the receipt of Proper Instructions from the Trust, shall make federal funds available to such Portfolio the Funds as of specific specified times agreed upon from time to time by the Trust and the Custodian in the amount of checks checks, clearing house funds, and other non-federal funds received in payment for Shares of such Portfolio the Funds which are deposited into the Portfolio’s accountFund's accounts.

Appears in 1 contract

Samples: Custodian Agreement (Huntington Funds)

Availability of Federal Funds. Upon mutual agreement between a Trust, on behalf of each applicable Portfolio, the Trust and the Custodian, the Custodian shall, upon the receipt of Proper Instructions from the TrustInstructions, make federal funds available to such Portfolio the Funds as of specific specified times agreed upon from time to time by the Trust and the Custodian in the amount of checks received in payment for Shares of such Portfolio the Funds which are deposited into the Portfolioapplicable Fund’s account.

Appears in 1 contract

Samples: Custodian Contract (Advantus Series Fund Inc)

Availability of Federal Funds. Upon mutual agreement between a Trust, the Trust on ----------------------------- behalf of each applicable Portfolio, Fund and the Custodian, the Custodian shall, upon the receipt of Proper Instructions from the TrustTrust on behalf of the Fund, make federal funds available to such Portfolio Fund as of specific specified times agreed upon from time to time by the Trust and the Custodian in the amount of checks received in payment for Shares Units of such Portfolio Fund which are deposited into the Portfolio’s Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Goldman Sachs Trust)

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