Common use of Board Approval of Foreign Subcustodians Clause in Contracts

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to, and the Custodian has accepted delegation of, review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund outside the United States, obtain written confirmation of the approval of the Board of Directors or Directors of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 1 contract

Samples: The Custodian Agreement (DWS Investors Funds, Inc.)

AutoNDA by SimpleDocs

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board board of directors of the Fund has delegated to, to and the Custodian has accepted delegation of, of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2Section 8.2.2 below, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund outside the United States, obtain written confirmation of the approval of the Trust’s Board of Directors or Directors of the Fund Trustees with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 1 contract

Samples: Custodian Agreement (SEI Structured Credit Fund, LP)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to, to and the Custodian has accepted delegation of, of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2Section 8.2.2 below, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the a Fund outside the United States, obtain written confirmation of the approval of the Trust’s Board of Directors or Directors of the Fund Trustees with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 1 contract

Samples: Custodian Agreement (Sei Institutional International Trust)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to, and the Custodian has accepted delegation of, review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2B, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund outside the United States, obtain written confirmation of the approval of the Board of Directors Trustees or Directors of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 1 contract

Samples: The Custodian Agreement (Aberdeen Chile Fund, Inc.)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to, to and the Custodian has accepted delegation of, of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.2, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund outside the United States, obtain written confirmation of the approval of the Board of Directors or Directors of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.

Appears in 1 contract

Samples: Custodian Agreement (Heartland Group Inc)

AutoNDA by SimpleDocs

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board of Trustees has delegated to, to the Custodian and the Custodian has accepted delegation of, of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.28.3, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund outside the United States, obtain written confirmation of the approval of the Board of Directors Trustees or Directors of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.to

Appears in 1 contract

Samples: Custodian and Transfer Agent Agreement (Zacks Trust)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to, to the Custodian and the Custodian has accepted delegation of, of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 8.2.28.3, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Investments of the Fund a Portfolio outside the United States, obtain written confirmation of the approval of the Board of Directors or Directors of the Fund with respect to (a) the identity of a Subcustodian, and (b) the Subcustodian agreement which shall govern such appointment, such approval to be signed by an Authorized Person.Authorized

Appears in 1 contract

Samples: Funds Transfer Services Agreement (Northern Lights Fund Trust Ii)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!