Common use of Conditional Credits Clause in Contracts

Conditional Credits. (a) Notwithstanding any other provision of this Agreement, the Bank shall not be required to comply with any Instructions to settle the purchase of any securities for the Account, unless there are sufficient immediately available funds in the relevant currency credited to the Account, provided that, if, after -------- ---- all expenses, debits and withdrawals of Cash in the relevant currency ("Debits," which term includes all advances made by the Subcustodian in respect of the Account) applicable to the Account have been made and if after all Conditional Credits, as defined below, applicable to the Account have been made final entries as set forth in (c) below, the amount of immediately available funds of the relevant currency in such Account is at least equal to the aggregate purchase price of all securities for which the Bank has received Instructions to settle on that date ("Settlement Date"), the Bank, upon settlement, shall credit the Securities to the Account by making a final entry on its books and records.

Conditional Credits. (a) Notwithstanding any other provision of this Agreement, the Bank Custodian shall not be required to comply with any Instructions to settle the purchase of any securities for the Account, unless there are sufficient immediately available funds in the relevant currency credited to the Account, provided that, if, after -------- ---- all expenses, debits and withdrawals of Cash in the relevant currency ("Debits," which term includes all advances made by the Subcustodian in respect of the Account) applicable to the Account have been made and if after all Conditional Credits, as defined below, applicable to the Account have been made final entries as set forth in (c) below, the amount of immediately available funds of the relevant currency in such Account is at least equal to the aggregate purchase price of all securities for which the Bank Custodian has received Instructions to settle on that date ("Settlement Date"), the BankCustodian, upon settlement, shall credit the Securities to the Account by making a final entry on its books and records.

Conditional Credits. (a) Notwithstanding any other provision of this Agreement, the Bank Custodian shall not be required to comply with any Instructions to settle the purchase of any securities for the Account, unless there are sufficient immediately available funds in the relevant currency credited to the Account, provided that, if, after -------- ---- all expenses, debits and withdrawals of Cash in the relevant currency ("Debits," which term includes all advances made by the Subcustodian in respect of the Account) applicable to the Account have been made and if after all Conditional CreditsCredits in respect of other transactions, as defined below, applicable to the Account have been made final entries entries, as set forth in (c) below, the amount of immediately available funds of the relevant currency in such Account is at least equal to the aggregate purchase price of all securities for which the Bank Custodian has received Instructions to settle on that date ("Settlement Date"), the BankCustodian, upon settlement, shall credit the Securities to the Account by making a final entry on its books and records.