Common use of Bank Accounts, and Management of Cash Clause in Contracts

Bank Accounts, and Management of Cash. (a) With prior written notice to the Fund, the Custodian shall open and maintain the Initial Funding Bank Account and one or more separate Bank Accounts in the name of the Custodian for the benefit of the Fund or a Subsidiary, to hold funds credited to the Custodial Account. The Custodian shall provide to the Fund or Subsidiary wire instructions for the transmittal of funds to the Initial Funding Bank Account. Monies credited to the Custodial Account shall be deposited in the Initial Funding Bank Account until either invested pursuant to Section 3.6(c) or transferred at the direction of the Fund to the other Bank Accounts to be used to purchase Assets. Such Bank Accounts shall be subject to draft or order only by the Custodian and shall contain only assets held by the Custodian as custodian for the Fund and its Subsidiaries, and the Custodian’s records shall indicate at all times that such cash is held for the Fund and its Subsidiaries. Any bank at which the Custodian opens and maintains such accounts shall be qualified to act as a custodian under the 1940 Act, and establishment of any such account shall constitute appointment of the bank as a Sub-custodian pursuant to Section 2.4.

Bank Accounts, and Management of Cash. (a) With prior At the written notice to direction of the FundCompany, the Custodian shall open and maintain the separate Initial Funding Bank Account Accounts and one or more separate Bank Accounts in the name of the Custodian for the benefit of the Fund or a SubsidiaryCompany, to hold funds credited to the particular Custodial AccountAccount on behalf of the Company. The Custodian shall provide to the Fund or Subsidiary Company, wire instructions for the transmittal of funds to the an Initial Funding Bank Account. Monies credited to the a Custodial Account shall be deposited in the an Initial Funding Bank Account until either invested pursuant to Section 3.6(c) 3 of this Agreement or transferred at the direction of the Fund Company to the other Bank Accounts to be used to purchase Assets. Such Bank Accounts shall be subject to draft or order only by the Custodian and shall contain only assets held by the Custodian as custodian for the Fund and its SubsidiariesCompany, and the Custodian’s Custodian‘s records shall indicate at all times that such cash is held for the Fund Company, and its Subsidiaries. Any bank at which the Custodian opens and maintains such accounts shall be qualified to act as a custodian under the 1940 Act, and establishment of any such account shall constitute appointment of the bank as a Sub-custodian pursuant to Section 2.43 of this Agreement.

Bank Accounts, and Management of Cash. (a) With prior At the written notice to direction of the FundCompany, the Custodian shall open and maintain the separate Initial Funding Bank Account Accounts and one or more separate Bank Accounts in the name of the Custodian for the benefit of the Fund or a SubsidiaryCompany, to hold funds credited to the particular Custodial AccountAccount on behalf of the Company. The Custodian shall provide to the Fund or Subsidiary Company, wire instructions for the transmittal of funds to the an Initial Funding Bank Account. Monies credited to the a Custodial Account shall be deposited in the an Initial Funding Bank Account until either invested pursuant to Section 3.6(c) 3 of this Agreement or transferred at the direction of the Fund Company to the other Bank Accounts to be used to purchase Assets. Such Bank Accounts shall be subject to draft or order only by the Custodian and shall contain only assets held by the Custodian as custodian for the Fund and its SubsidiariesCompany, and the Custodian’s records shall indicate at all times that such cash is held for the Fund Company, and its Subsidiaries. Any bank at which the Custodian opens and maintains such accounts shall be qualified to act as a custodian under the 1940 Act, and establishment of any such account shall constitute appointment of the bank as a Sub-custodian pursuant to Section 2.42.4 of this Agreement.

Bank Accounts, and Management of Cash. (a) With prior At the written notice to direction of the FundCompany, the Custodian shall open and maintain the separate Initial Funding Bank Account Accounts and one or more separate Bank Accounts in the name of the Custodian for the benefit of the Fund or a SubsidiaryCompany, to hold funds credited to the particular Custodial AccountAccount on behalf of the Company. The Custodian shall provide to the Fund or Subsidiary Company, wire instructions for the transmittal of funds to the an Initial Funding Bank Account. Monies credited to the a Custodial Account shall be deposited in the an Initial Funding Bank Account until either invested pursuant to Section 3.6(c) 3 of this Agreement or transferred at the direction of the Fund Company to the other Bank Accounts to be used to purchase Assets. Such Bank Accounts shall be subject to draft or order only by the Custodian and shall contain only assets held by the Custodian as custodian for the Fund and its SubsidiariesCompany, and the Custodian’s records shall indicate at all times that such cash is held for the Fund and its SubsidiariesCompany. Any bank at which the Custodian opens and maintains such accounts shall be qualified to act as a custodian under the 1940 Act, and establishment of any such account shall constitute appointment of the bank as a Sub-custodian pursuant to Section 2.42.4 of this Agreement.