Cash Held as Banker. In holding cash in the Cash Account the Custodian is acting as banker, and the Custodian is not acting as trustee or in trust with respect to maintaining the deposit of cash or in connection with any cash transfer or transaction, including foreign exchange, effected pursuant to this Agreement.
Appears in 18 contracts
Samples: Master Global Custodial Services Agreement (John Hancock Bond Trust), Master Global (John Hancock Funds II), Master Global Custodial Services Agreement (John Hancock Bond Trust)
Cash Held as Banker. In holding cash in the Cash Account the Custodian Bank is acting as banker, and the Custodian Bank is not acting as trustee or in trust with respect to maintaining the deposit of cash or in connection with any cash transfer or transaction, including foreign exchange, effected affected pursuant to this Agreement.
Appears in 2 contracts
Samples: Custodial Services Agreement (Asset Management Fund), Custodial Services Agreement (Asset Management Fund)
