Common use of Custodian Designated Security Procedure Clause in Contracts

Custodian Designated Security Procedure. The Custodian will make the following Custodian Designated Security Procedures available to the Fund or Company for use in communicating FT Instructions to the Custodian: · BBH Worldview® Payment Products. The Custodian offers to the Fund or Company use of its BBH Worldview Payment Products (“BBH Worldview”), which are Custodian proprietary on-line payment order authorization facilities with built-in authentication procedures. The Custodian and the Fund or Company shall each be responsible for maintaining the confidentiality of passwords or other codes used by them in connection with BBH Worldview. The Custodian will act on FT Instructions received through BBH Worldview without duty of further confirmation unless the Fund or Company notifies the Custodian that its password is not secure. Each of the Funds and Companies agrees that access to, and use of, BBH Worldview shall be governed by an Electronic and Online Services Schedule, which the Trust or Company will execute prior to access to BBH Worldview. · SWIFT Transmission. The Custodian and the Fund or Company shall comply with SWIFT’s authentication procedures. The Custodian will act on FT Instructions received via SWIFT provided the instruction is authenticated by the SWIFT system. Written Instructions. Instructions may be transmitted in an original writing that bears the manual signature of an Authorized Person(s).

Custodian Designated Security Procedure. The Custodian will make the following Custodian Designated Security Procedures available to the Fund or Company Trust and the Sponsor for use in communicating FT Instructions to the Custodian: · BBH Worldview® Payment Products. The Custodian offers to the Fund or Company Trust and the Sponsor use of its BBH Worldview Payment Products (“BBH Worldview”), which are Custodian proprietary on-line payment order authorization facilities with built-in authentication procedures. The Custodian Custodian, the Trust and the Fund or Company Sponsor shall each be responsible for maintaining the confidentiality of passwords or other codes used by them in connection with BBH Worldview. The Custodian will act on FT Instructions received through BBH Worldview without duty of further confirmation unless the Fund Trust or Company the Sponsor notifies the Custodian that its password is not secure. Each of The Trust and the Funds and Companies agrees Sponsor agree that access to, and use of, BBH Worldview shall be governed by an Electronic and Online On-line Services Schedule, which the Trust or Company Trust, on behalf of itself and the Fund, and the Sponsor will execute prior to access to BBH Worldview. · SWIFT Transmission. The Custodian Custodian, the Trust and the Fund or Company Sponsor shall comply with SWIFT’s authentication procedures. The Custodian will act on FT Instructions received via SWIFT provided the instruction is authenticated by the SWIFT system. · Written Instructions. Instructions may be transmitted in an original writing that bears the manual signature of an Authorized Person(s).