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 of directors of the Fund has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Section 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 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)

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Board Approval of Foreign Subcustodians. Unless and except to the extent that the board of directors of the Fund Board has delegated to the Custodian and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Section 8.2.2 belowSubsection 8.3, 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 Trust’s Board of 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.Authorized

Appears in 1 contract

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

Board Approval of Foreign Subcustodians. Unless and except to the extent that the board Board of directors of the Fund Trustees has delegated to the Custodian and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Section 8.2.2 belowSubsection 8.3, 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 Trust’s Board of 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 of directors of the Fund Board has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Section 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 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 of directors of the Fund Board has delegated to to, and the Custodian has accepted delegation of of, review of certain matters concerning the appointment of Subcustodians pursuant to Section 8.2.2 belowSubsection 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 Trust’s Board of Trustees 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.)

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Board Approval of Foreign Subcustodians. Unless and except to the extent that the board of directors of the Fund Board has delegated to and the Custodian has accepted delegation of review of certain matters concerning the appointment of Subcustodians pursuant to Section 8.2.2 belowSubsection 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 Trust’s Board of Trustees 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)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the board of directors of the Fund Board has delegated to to, and the Custodian has accepted delegation of of, review of certain matters concerning the appointment of Subcustodians pursuant to Section 8.2.2 belowSubsection B, 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 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.)

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