Compliance with Rule 17f-5 Sample Clauses

Compliance with Rule 17f-5. (a) Customer’s board of directors (or equivalent body) (hereinafter “Board”) hereby delegates to Bank, and, as to those countries listed in Schedule 2 hereto (and as the same may be amended on notice to Customer from time to time), Bank hereby accepts the delegation to it, of the obligation to perform as Customer’s ‘Foreign Custody Manager’ (as that term is defined in Sub-section (a)(3) of Rule 17f-5, including for the purposes of: (i) selecting Eligible Foreign Custodians to hold Foreign Financial Assets and cash, (ii) evaluating the contractual arrangements with such Eligible Foreign Custodians (as set forth in Sub-section (c)(2) of Rule 17f-5, (iii) monitoring such foreign custody arrangements (as set forth in Sub-section (c)(3) of Rule 17f-5), each concerning the safekeeping of Customer’s Foreign Financial Assets and cash in each of the countries as to which it acts as the Board’s delegate. Nothing herein shall require Bank to provide delegated or custodial services in any country, and there may from time to time be countries as to which Bank determines it will not provide delegation services. Notwithstanding this Section, Customer, its Investment Advisor or its other Authorized Person, may direct Bank to place and maintain Customer’s Foreign Financial Assets and cash with a particular Eligible Foreign Custodian, including without limitation with respect to investment in countries as to which Bank will not provide delegation services. Customer confirms to Bank that Customer or its Investment Adviser has considered the prevailing Country Risks of which it has knowledge based on information made available to it by Bank and other potential risks as part of its continuing investment decision process (b) In connection with the foregoing, Bank shall: (i) promptly advise Customer in writing of the placement of Customer’s Foreign Financial Assets and cash with an Eligible Foreign Custodian in connection with execution of this Agreement; (ii) provide written reports notifying Customer of the placement of Foreign Financial Assets and cash with particular Eligible Foreign Custodians and of any material change in the arrangements with such Eligible Foreign Custodians, with such reports to be provided to Customer at least quarterly and more frequently as mutually agreed and with reasonable promptness upon the occurrence of any material change in the arrangements with such Eligible Foreign Custodians; (iii) exercise such reasonable care, prudence and diligence in pe...
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Compliance with Rule 17f-5. Except to the extent that you have specifically agreed to comply with a condition of a rule, regulation, interpretation promulgated by or under the authority of the Securities and Exchange Commission ("SEC") or the Exemptive Order applicable to accounts of this nature issued to you (1940 Act, Release No. 12053, November 20, 1981), as amended, or unless you have otherwise specifically agreed, we shall be solely responsible to assure that the terms of the arrangement for the custody of securities hereunder complies with such rules, regulations, interpretations or exemptive order promulgated by or under the authority of the SEC.
Sample 1
Compliance with Rule 17f-5. Except to the extent that you have -------------------------- specifically agreed to comply with a condition of a rule, regulation, interpretation promulgated by or under the authority of the Securities and Exchange Commission ("SEC") or the Exemptive Order applicable to accounts of this nature issued to you (1940 Act, Release No. 12053, November 20, 1981), as amended, or unless you have otherwise specifically agreed, we shall be solely responsible to assure that the maintenance of securities hereunder complies with such rules, regulations, interpretations or exemptive order promulgated by or under the authority of the SEC. XXXXXX XXXXXXX UNIVERSAL FUNDS, INC By: /s/ Xxxxxxx X. Xxxxx --------------------- Name: Xxxxxxx X. Xxxxx Title: President Date: 10/1/96 --------- Accepted by: THE CHASE MANHATTAN BANK By:/s/ Xxxxxx Xxxxxxx ------------------ Name: Xxxxxx Xxxxxxx Title: Principal Date: GLOBAL PROXY SERVICE RIDER 1. We hereby request you, The Chase Manhattan Bank, to provide to us Global Proxy Services (the "Services") for the countries listed in the procedures and guidelines ("Procedures") furnished to us, as the same may be amended by you from time to time on prior notice to us. The Procedures are incorporated by reference herein and form a part of this Rider. This Global Proxy Service Rider supplements the terms of the Global Custody Rider to the Domestic Custody Agreement between you and us. All terms herein unless defined herein shall have the meanings set forth in the Global Custody Rider or the Domestic Custody Agreement. This Rider shall be effective on the date you commence to provide Global Proxy Service to us. 2. The Services shall consist of those elements as set forth in the Procedures, and shall include (a) notifications ("Notifications") by you to us of the dates of pending shareholder meetings, resolutions to be voted upon and the return dates as may be received by you or provided to you by the Subcustodians (as defined in the Global Custody Rider with you) or third parties, and (b) voting by you of proxies based on our instructions. Original proxy materials or copies thereof shall not be provided. Notifications shall generally be in English and, where necessary, shall be summarized and translated from such non-English materials as have been made available to you or the Subcustodian. In this respect your only obligation is to provide information from sources you believe to be reliable and/or to provide materials summarized and/or translat...
Sample 1

Related to Compliance with Rule 17f-5

  • Compliance with Rule 17g-5 Ford Credit has executed and delivered a written representation to each Rating Agency (as defined in the Terms Annex) that it will take the actions stated in paragraphs (a)(3)(iii)(A) through (E) of Rule 17g-5 under the Exchange Act (“Rule 17g-5”) for the Notes, and it has complied with each representation, other than any breach of the representations resulting from a breach by any Underwriter of the representations, warranties and agreements in Section 5(m) or (n).

  • Compliance with Rule 144 At the written request of the Warrantholder, who proposes to sell Preferred Stock issuable upon the exercise of the Warrant in compliance with Rule 144 promulgated by the Securities and Exchange Commission, the Company shall furnish to the Warrantholder, within ten days after receipt of such request, a written statement confirming the Company's compliance with the filing requirements of the Securities and Exchange Commission as set forth in such Rule, as such Rule may be amended from time to time.

  • Compliance with Rules To comply with, and to require the Contractors to comply with, all rules, regulations, ordinances and laws bearing on the conduct of the work on the Improvements, including the requirements of any insurer issuing coverage on the Project and the requirements of any applicable supervising boards of fire underwriters.

  • COMPLIANCE WITH SEC RULES If, at any time during which AVIF is serving as an investment medium for variable life insurance Contracts, 1940 Act Rules 6e-3(T) or, if applicable, 6e-2 are amended or Rule 6e-3 is adopted to provide exemptive relief with respect to Mixed and Shared Funding, AVIF agrees that it will comply with the terms and conditions thereof and that the terms of this Section 5 shall be deemed modified if and only to the extent required in order also to comply with the terms and conditions of such exemptive relief that is afforded by any of said rules that are applicable.

  • Compliance with FCPA Each of the Credit Parties and their Subsidiaries is in compliance with the Foreign Corrupt Practices Act, 15 U.S.C. §§ 78dd-1, et seq., and any foreign counterpart thereto. None of the Credit Parties or their Subsidiaries has made a payment, offering, or promise to pay, or authorized the payment of, money or anything of value (a) in order to assist in obtaining or retaining business for or with, or directing business to, any foreign official, foreign political party, party official or candidate for foreign political office, (b) to a foreign official, foreign political party or party official or any candidate for foreign political office, and (c) with the intent to induce the recipient to misuse his or her official position to direct business wrongfully to such Credit Party or its Subsidiary or to any other Person, in violation of the Foreign Corrupt Practices Act, 15 U.S.C. §§ 78dd-1, et seq.

  • Compliance with Regulations The contractor (hereinafter includes consultants) will comply with the Acts and the Regulations relative to Non-discrimination in Federally-assisted programs of the U.S. Department of Transportation, Federal Highway Administration, as they may be amended from time to time, which are herein incorporated by reference and made a part of this contract.

  • Compliance with FINRA Rules The Company hereby agrees that it will ensure that the Reserved Securities will be restricted as required by FINRA or the FINRA rules from sale, transfer, assignment, pledge or hypothecation for a period of three months following the date of this Agreement. The Underwriters will notify the Company as to which persons will need to be so restricted. At the request of the Underwriters, the Company will direct the transfer agent to place a stop transfer restriction upon such securities for such period of time. Should the Company release, or seek to release, from such restrictions any of the Reserved Securities, the Company agrees to reimburse the Underwriters for any reasonable expenses (including, without limitation, legal expenses) they incur in connection with such release.

  • Compliance with Cuba Act The Company has complied with, and is and will be in compliance with, the provisions of that certain Florida act relating to disclosure of doing business with Cuba, codified as Section 517.075 of the Florida statutes, and the rules and regulations thereunder (collectively, the "Cuba Act") or is exempt therefrom.

  • Compliance with Requirements Any investment program furnished, and any activities performed, by the Manager or by a Sub-Adviser under this Section shall at all times conform to, and be in accordance with, any requirements imposed by: (1) the Act and any rules or regulations in force thereunder; (2) any other applicable laws, rules and regulations; (3) the Declaration of Trust and By-Laws of the Fund as amended from time to time; (4) any policies and determinations of the Board of Trustees of the Fund; and (5) the fundamental policies of the Fund, as reflected in its Registration Statement under the Act or as amended by the shareholders of the Fund.

  • Compliance with Regulation M You represent that, at all times since you were invited to participate in the Offering, you have complied with the provisions of Regulation M applicable to the Offering, in each case as interpreted by the Commission and after giving effect to any applicable exemptions. If you have been notified in a Wire that the Underwriters may conduct passive market making in compliance with Rule 103 of Regulation M in connection with the Offering, you represent that, at all times since your receipt of such Wire, you have complied with the provisions of such Rule applicable to such Offering, as interpreted by the Commission and after giving effect to any applicable exemptions. You will comply with any additional provisions of Regulation M if and to the extent set forth in the Invitation Wire or other Wire.

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