CLEARING CREDIT. Custodian may, in its sole discretion and from time to time, advance funds to the Trust to facilitate the settlement of a Portfolio's transactions in the Custody Account of such Portfolio. Any such advance (a) shall be repayable immediately upon demand made by Custodian, (b) shall be fully secured as provided in Section 9.3 below, and (c) shall bear interest at such rate, and be subject to such other terms and conditions, as Custodian and the Trust may agree.
Appears in 14 contracts
Samples: Custody Agreement (Aip Alternative Strategies Funds), Custody Agreement (Kensington Funds), Custody Agreement (Coventry Group)
CLEARING CREDIT. Custodian may, in its sole discretion and from time to time, advance funds to the Trust to facilitate the settlement of a Portfolio's Series' transactions in the Custody Account of such PortfolioSeries. Any such advance (a) shall be repayable immediately upon demand made by Custodian, (b) shall be fully secured as provided in Section 9.3 below, and (c) shall bear interest at such rate, and be subject to such other terms and conditions, as Custodian and the Trust may agree.
Appears in 2 contracts
Samples: Custody Agreement (Underlying Funds Trust), Custody Agreement (Underlying Funds Trust)
CLEARING CREDIT. Custodian may, in its sole discretion and from time to time, advance funds to the Trust Company to facilitate the settlement of a Portfolio's transactions in the Custody Account of such Portfolio. Any such advance (a) shall be repayable immediately upon demand made by Custodian, (b) shall be fully secured as provided in Section 9.3 below, and (c) shall bear interest at such rate, and be subject to such other terms and conditions, as Custodian and the Trust Company may agree.
Appears in 2 contracts
Samples: Custody Agreement (Lipper Funds Inc), Custody Agreement (Warburg Pincus Long Short Market Neutral Fund Inc)
CLEARING CREDIT. Custodian may, in its sole discretion and from time to time, advance funds to the Trust to facilitate the settlement of a the Portfolio's transactions in the Custody Account of such PortfolioAccount. Any such advance (a) shall be repayable immediately upon demand made by Custodian, (b) shall be fully secured as provided in Section 9.3 8.3 below, and (c) shall bear interest at such rate, and be subject to such other terms and conditions, as Custodian and the Trust may agree.
Appears in 2 contracts
Samples: Custody Agreement (JPMorgan Trust I), Custody Agreement (JPMorgan Trust I)
CLEARING CREDIT. Custodian may, in its sole discretion and from time to time, advance funds to the Trust Fund to facilitate the settlement of a Portfoliothe Fund's transactions in the Custody Account of such PortfolioAccount. Any such advance (a) shall be repayable immediately upon demand made by Custodian, (b) shall be fully secured as provided in Section 9.3 7.3 below, and (c) shall bear interest at such rate, and be subject to such other terms and conditions, as Custodian and the Trust Fund may agree.
Appears in 1 contract
Samples: Custody Agreement (Managed Income Securities Plus Fund Inc)
CLEARING CREDIT. Custodian may, in its sole discretion and from time to time, advance funds to the Trust to facilitate the settlement of a the Portfolio's transactions in the Custody Account of such PortfolioAccount. Any such advance (a) shall be repayable immediately upon demand made by Custodian, (b) shall be fully secured as provided in Section 9.3 below, and (c) shall bear interest at such rate, and be subject to such other terms and conditions, as Custodian and the Trust may agree.
Appears in 1 contract
Samples: Custody Agreement (Coventry Group)
CLEARING CREDIT. Custodian may, in its sole discretion and from time to time, advance funds to the Trust to facilitate the settlement of a Portfolio's transactions in the Custody Account of such Portfolio. Any such advance (a) shall be repayable immediately upon demand made by Custodian, (b) shall be fully secured as provided in Section 9.3 8.3 below, and (c) shall bear interest at such rate, and be subject to such other terms and conditions, as Custodian and the Trust may agree.
Appears in 1 contract
Samples: Custody Agreement (Arbitrage Funds)
CLEARING CREDIT. Custodian may, in its sole discretion and from time to time, advance funds to the Trust Company to facilitate the settlement of a Portfolio's transactions in the Custody Account of such Portfolio. Any such advance (aA) shall be repayable immediately upon demand made by Custodian, (bB) shall be fully secured as provided in Section 9.3 below, and (cC) shall bear interest at such rate, and be subject to such other terms and conditions, as Custodian and the Trust Company may agree.
Appears in 1 contract
Samples: Custody Agreement (RBB Fund Inc)
CLEARING CREDIT. Custodian may, in its sole discretion and from time to time, advance funds to the Trust to facilitate the settlement of a Portfolio's transactions in the Custody Account of such Portfolio. Any such advance (a) shall be repayable immediately upon demand made by Custodian, (b) shall be fully secured as provided in Section 9.3 7.3 below, and (c) shall bear interest at such rate, and be subject to such other terms and conditions, as Custodian and the Trust may agree.
Appears in 1 contract
