Common use of Credit Prior to Final Payment Clause in Contracts

Credit Prior to Final Payment. In its sole discretion and from time to time, Custodian may credit the Custody Account of a Portfolio, prior to actual receipt of final payment thereof, with (a) proceeds from the sale of securities of such Portfolio which it has been instructed to deliver against payment, (b) proceeds from the redemption of securities or other assets in such Custody Account, and (c) income from securities, funds or other assets in such Custody Account. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. Custodian may, in its sole discretion and from time to time, permit a Portfolio to use funds so credited to its Custody Account in anticipation of actual receipt of final payment. Any funds so used shall constitute an advance subject to Section 3.18 below.

Credit Prior to Final Payment. In its sole discretion and from time to time, Custodian may credit the Custody Account of a PortfolioAccount, prior to actual receipt of final payment thereof, with (a) proceeds from the sale of securities of such Portfolio the Fund which it has been instructed to deliver against payment, (b) proceeds from the redemption of securities or other assets in such the Custody Account, and (c) income from securities, funds or other assets in such the Custody Account. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. Custodian may, in its sole discretion and from time to time, permit a Portfolio the Fund to use funds so credited to its Custody Account in anticipation of actual receipt of final payment. Any funds so used shall constitute an advance subject to Section 3.18 3.19 below.

Credit Prior to Final Payment. In its sole discretion and from time to time, Custodian may credit the Custody Account of a Portfolio, prior to actual receipt of final payment thereof, with (a) proceeds from the sale of securities of such Portfolio which it has been instructed to deliver against payment, (b) proceeds from the redemption of securities or other assets in such Custody Account, and (c) income from securities, funds or other assets in such Custody Account. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. Custodian may, in its sole discretion and from time to time, permit a Portfolio to use funds so credited to its Custody Account in anticipation of actual receipt of final payment. Any funds so used shall constitute an advance subject to Section 3.18 3.19 below.

Credit Prior to Final Payment. In its sole discretion and from time to time, Custodian may credit the Custody Account of a PortfolioAccount, prior to actual receipt of final payment thereof, with (a) proceeds from the sale of securities of such Portfolio in the Custody Account which it has been instructed to deliver against payment, (b) proceeds from the redemption of securities or other assets in such the Custody Account, and (c) income from securities, funds or other assets in such the Custody Account. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. Custodian may, in its sole discretion and from time to time, permit a Portfolio the Company to use funds so credited to its the Custody Account in anticipation of actual receipt of final payment. Any funds so used shall constitute an advance subject to Section 3.18 3.19 below.

Credit Prior to Final Payment. In its sole discretion and from time to time, Custodian may credit the Custody Account of a PortfolioAccount, prior to actual receipt of final payment thereof, with (a) proceeds from the sale of securities of such the Portfolio which it has been instructed to deliver against payment, (b) proceeds from the redemption of securities or other assets in such credited to the Custody Account, and (c) income from securities, funds or other assets in such credited to the Custody Account. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. Custodian may, in its sole discretion and from time to time, permit a the Portfolio to use funds so credited to its Custody Account in anticipation of actual receipt of final payment. Any funds so used shall constitute an advance subject to Section 3.18 below.

Credit Prior to Final Payment. In its sole discretion and from time to time, Custodian may credit the Custody Account of a PortfolioSeries, prior to actual receipt of final payment thereof, with (a) proceeds from the sale of securities of such Portfolio Series which it has been instructed to deliver against payment, (b) proceeds from the redemption of securities or other assets in such Custody Account, and (c) income from securities, funds or other assets in such Custody Account. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. Custodian may, in its sole discretion and from time to time, permit a Portfolio Series to use funds so credited to its Custody Account in anticipation of actual receipt of final payment. Any funds so used shall constitute an advance subject to Section 3.18 3.19 below.

Credit Prior to Final Payment. In its sole discretion and from time to ----------------------------- time, Custodian may credit the Custody Account of a Portfolio, prior to actual receipt of final payment thereof, with (a) proceeds from the sale of securities - of such Portfolio which it has been instructed to deliver against payment, (b) - proceeds from the redemption of securities or other assets in such Custody Account, and (c) income from securities, funds or other assets in such Custody - Account. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. Custodian may, in its sole discretion and from time to time, permit a Portfolio to use funds so credited to its Custody Account in anticipation of actual receipt of final payment. Any funds so used shall constitute an advance subject to Section 3.18 below.

Credit Prior to Final Payment. In its sole discretion and from time to time, Custodian may credit the Custody Account of a Portfolio, prior to actual receipt of final payment thereof, with (aA) proceeds from the sale of securities of such Portfolio which it has been instructed to deliver against payment, (bB) proceeds from the redemption of securities or other assets in such Custody Account, and (cC) income from securities, funds or other assets in such Custody Account. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. Custodian may, in its sole discretion and from time to time, permit a Portfolio to use funds so credited to its Custody Account in anticipation of actual receipt of final payment. Any funds so used shall constitute an advance subject to Section 3.18 3.19 below.

Credit Prior to Final Payment. In its sole discretion and from time to time, Custodian may credit the Custody Account of a PortfolioAccount, prior to actual receipt of final payment thereof, with (a) proceeds from the sale of securities of such the Portfolio which it has been instructed to deliver against payment, (b) proceeds from the redemption of securities or other assets in such the Custody Account, and (c) income from securities, funds or other assets in such the Custody Account. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. Custodian may, in its sole discretion and from time to time, permit a the Portfolio to use funds so credited to its Custody Account in anticipation of actual receipt of final payment. Any funds so used shall constitute an advance subject to Section 3.18 3.19 below.

Credit Prior to Final Payment. In its sole discretion and from time to time, Custodian may credit the Custody Account of a Portfolio, prior to actual receipt of final payment thereof, with (aA) proceeds from the sale of securities of such Portfolio which it has been instructed to deliver against payment, (bB) proceeds from the redemption of securities or other assets in such Custody Account, and (cC) income from securities, funds or other assets in such Custody Account. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. Custodian may, in its sole discretion and from time to time, permit a Portfolio to use funds so credited to its Custody Account in anticipation of actual receipt of final payment. Any funds so used shall constitute an advance subject to Section 3.18 below.