Common use of BNY AS A FOREIGN CUSTODY MANAGER Clause in Contracts

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds on behalf of its Board hereby delegate to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Fund on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Fund’s assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Fund’s foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Fund on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s 's delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Fund's assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Fund's foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Each Fund on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s 's delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ a Fund's assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ relevant Fund's foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Trust on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Trust’s assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Trust’s foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Trust with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Trust with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Fund on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the ResponsibilitiesResponsibilities to be performed for the Fund. 2. BNY accepts the Board’s 's delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Fund's assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Fund's foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Trust on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Fund’s assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Fund’s foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Fund on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ assets Fund’s Foreign Assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Fund’s foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund’s Foreign Assets with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund’s Foreign Assets with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Fund on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Fund’s assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Fund’s foreign custody arrangements (and at least annually) written reports notifying the Board of the placement of assets of the Funds one or more Series with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds each Series with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Each Fund on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s 's delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ each Fund's assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ each Fund's foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Fund on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s Boards’ delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Fund's assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Fund’s foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Fund on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Fund’s assets would exercise. 3. BNY shall provide to the Board at least annually at such other times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Fund’s foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and Country. BNY shall endeavor to notify the Board of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Trust on behalf of its Board the Funds hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s delegation with respect to each Fund of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Fund’s assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Trust on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s 's delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Trust's assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Fund's foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. 13.1 The Funds Fund on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. 13.2 BNY accepts the Board’s delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Fund’s assets would exercise. 3. 13.3 BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Fund’s foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Each Fund on behalf of its the Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s 's delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ each Fund's assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ each Fund's foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds each Fund with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds fund on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Fund's assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Fund’s foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Fund on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s delegation of Responsibilities with respect to each Specified Country and agrees in performing perfoiming the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Fund’s assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Fund’s foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 1. The Funds Trust on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 2. BNY accepts the Board’s delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ each Fund’s assets would exercise. 3. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ each Fund’s foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds with any such Eligible Foreign Custodian.

BNY AS A FOREIGN CUSTODY MANAGER. 17. The Funds Fund on behalf of its Board hereby delegate delegates to BNY with respect to each Specified Country the Responsibilities. 28. BNY accepts the Board’s 's delegation of Responsibilities with respect to each Specified Country and agrees in performing the Responsibilities as a Foreign Custody Manager to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Funds’ Fund's assets would exercise. 39. BNY shall provide to the Board at such times as the Board deems reasonable and appropriate based on the circumstances of the Funds’ Fund's foreign custody arrangements written reports notifying the Board of the placement of assets of the Funds Fund with a particular Eligible Foreign Custodian within a Specified Country and of any material change in the arrangements (including the contract governing such arrangements) with respect to assets of the Funds Fund with any such Eligible Foreign Custodian.