Common use of Credits to the Cash Account Clause in Contracts

Credits to the Cash Account. The Bank is not obligated to make a credit to the Cash Account before receipt by the Bank of a corresponding and final payment in cleared funds. If the Bank makes a credit before such receipt, the Bank may reverse all or part of the credit (including any increase thereon), make an appropriate entry to the Cash Account, and may in its absolute discretion, require repayment of any amount corresponding to any such debit.

Credits to the Cash Account. The Bank is not obligated to make a credit to the Cash Account before receipt by the Bank of a corresponding and final payment in cleared funds. If the Bank makes a credit before such receipt, the Bank may reverse all or part of the credit (including any increase thereon), make an appropriate entry to the Cash Account, and may in its absolute discretion, require repayment of any amount corresponding to any such debit. Cash maintained by the Fund in an account established and used in accordance with Rule 17f-3 under the 1940 Act shall not be credited to the Cash Account.

Credits to the Cash Account. The Bank Custodian is not obligated to make a credit to the Cash Account before receipt by the Bank Custodian of a corresponding and final payment in cleared funds. If the Bank Custodian makes a credit before such receipt, the Bank Custodian may reverse all or part of the credit (including any increase thereon), make an appropriate entry to the Cash Account, and may in its absolute discretionif it reasonably so decides, require requires repayment of any amount corresponding to any such debit.

Credits to the Cash Account. The Bank Custodian is not obligated to make a credit to the Cash Account before receipt by the Bank Custodian of a corresponding and final payment in cleared funds. If the Bank Custodian makes a credit before such receipt, the Bank Custodian may reverse all or part of the credit (including any increase thereon), make an appropriate entry to the Cash Account, and may in its absolute discretionif it reasonably so decides, require repayment of any amount corresponding to any such debit.