Common use of Custody of Cash and Securities Clause in Contracts

Custody of Cash and Securities. 17. Except as otherwise provided in Article V, each Fund will deliver or cause to be delivered to the Custodian all Securities and all moneys owned by it, including cash received for the issuance of its Shares, at any time during the term of this Agreement. The Custodian will not be responsible for such Securities and such moneys until actually received by it. The Custodian will be entitled to reverse any credits made on a Fund's behalf where such credits have been previously made and moneys are not finally collected. The Fund shall deliver to the Custodian a certified resolution of the Board of Directors authorizing and instructing the Custodian on a continuous and ongoing basis to deposit in the Book-Entry System all Securities eligible for deposit therein and to utilize the Book-Entry System to the extent possible in connection with its performance hereunder, including, without limitation, in connection with settlements of purchases and sales of Securities, loans of Securities, and deliveries and returns of Securities collateral. Prior to a deposit of Securities of a Fund in the Depository, the Fund shall deliver to the Custodian a certified resolution of the Board of Directors of the Fund approving, authorizing and instructing the Custodian on a continuous and ongoing basis until instructed to the contrary by a Certificate actually received by the Custodian to deposit in the Depository all Securities eligible

Custody of Cash and Securities. 171. Except as otherwise provided in paragraph 7 of this Article Vand in Article VIII, each the Fund will deliver or cause to be delivered to the Custodian all Securities and all moneys owned by it, including cash received for the issuance of its Shares, at any time during the term period of this Agreement, and shall specify with respect to such Securities and money the Series to which the same are specifically allocated. The Custodian shall segregate, keep and maintain the assets of the Series separate and apart. The Custodian will not be responsible for such any Securities and such moneys until not actually received by it. The Custodian will be entitled to reverse any credits made on a the Fund's behalf where such credits have been previously made and moneys are not finally collected. The Fund shall deliver to the Custodian a certified resolution of the Board of Directors Trustees of the Fund, substantially in the form of Exhibit A hereto, approving, authorizing and instructing the Custodian on a continuous and ongoing on-going basis to deposit in the Book-Entry System all Securities eligible for deposit therein therein, regardless of the Series to which the same are specifically allocated and to utilize the Book-Entry System to the extent possible in connection with its performance hereunder, including, without limitation, in connection with settlements of purchases and sales of Securities, loans of Securities, and deliveries and returns of Securities collateral. Prior to a deposit of Securities of specifically allocated to a Fund Series in the Depository, the Fund shall deliver to the Custodian a certified resolution of the Board of Directors of the Fund approving, authorizing and instructing the Custodian on a continuous and ongoing basis until instructed to the contrary by a Certificate actually received by the Custodian to deposit in the Depository all Securities eligiblethe

Custody of Cash and Securities. 171. Except as otherwise provided in paragraph 7 of this Article Vand in Article VIII, each the Fund will deliver or cause to be delivered to the Custodian all Securities and all moneys owned by it, including cash received for the issuance of its Shares, at any time during the term period of this Agreement, and shall specify with respect to such Securities and money the Series to which the same are specifically allocated. The Custodian shall segregate, keep and maintain the assets of the Series separate and apart. The Custodian will not be responsible for such any Securities and such moneys until not actually received by it. The Custodian will be entitled to reverse any credits made on a the Fund's behalf where such credits have been previously made and moneys are not finally collected. The Fund shall deliver to the Custodian a certified resolution of the Board of Directors Trustees of the Fund, approving, authorizing and instructing the Custodian on a continuous and ongoing on-going basis to deposit in the Book-Entry System all Securities eligible for deposit therein therein, regardless of the Series to which the same are specifically allocated and to utilize the Book-Entry System to the extent possible in connection with its performance hereunder, including, without limitation, in connection with settlements of purchases and sales of Securities, loans of Securities, and deliveries and returns of Securities collateral. Prior to a deposit of Securities of specifically allocated to a Fund Series in the Depository, the Fund shall deliver to the Custodian a certified resolution of the Board of Directors Trustees of the Fund Fund, approving, authorizing and instructing the Custodian on a continuous and ongoing basis until instructed to the contrary by a Certificate actually received by the Custodian to deposit in the Depository all Securities eligiblea

Custody of Cash and Securities. 171. Except as otherwise provided in paragraph 7 of this Article Vand in Article VIII, each the Fund will deliver or cause to be delivered to the Custodian all Securities and all moneys owned by it, including cash received for the issuance of its Shares, at any time during the term period of this Agreement, and shall specify with respect to such Securities and money the Series to which the same are specifically allocated. The Custodian shall segregate, keep and maintain the assets of the Series separate and apart. The Custodian will not be responsible for such any Securities and such moneys until not actually received by it. The Custodian will be entitled to reverse any credits made on a the Fund's behalf where such credits have been previously made and moneys are not finally collected. The Fund shall deliver to the Custodian a certified resolution of the Board of Directors of the Fund, substantially in the form of Exhibit A hereto, approving, authorizing and instructing the Custodian on a continuous and ongoing basis to deposit in the Book-Entry System all Securities eligible for deposit therein therein, regardless of the Series to which the same are specifically allocated and to utilize the Book-Entry System to the extent possible in connection with its performance hereunder, including, without limitation, in connection with settlements of purchases and sales of Securities, loans of Securities, Securities and deliveries and returns of Securities collateral. Prior to a deposit of Securities of specifically allocated to a Fund Series in the Depository, the Fund shall deliver to the Custodian a certified resolution of the Board of Directors of the Fund Fund, substantially in the form of Exhibit B hereto, approving, authorizing and instructing the Custodian on a continuous and ongoing basis until instructed to the contrary by a Certificate actually received by the Custodian to deposit in the Depository all Securities eligibleuntil

Custody of Cash and Securities. 171. Except as otherwise provided in paragraph 7 of this Article Vand in Article VIII, each the Fund will deliver or cause to be delivered to the Custodian all Securities and all moneys owned by it, including cash received for the issuance of its Shares, at any time during the term period of this Agreement, and shall specify with respect to such Securities and money the Series to which the same are specifically allocated. The Custodian shall segregate, keep and maintain the assets of the Series separate and apart. The Custodian will not be responsible for such any Securities and such moneys until not actually received by it. The Custodian will be entitled to reverse any credits made on a the Fund's behalf where such credits have been previously made and moneys are not finally collected. The Fund shall deliver to the Custodian a certified resolution of the Board of Directors of the Fund, substantially in the form of Exhibit A hereto, approving, authorizing and instructing the Custodian on a continuous and ongoing on-going basis to deposit in the Book-Entry System all Securities eligible for deposit therein therein, regardless of the Series to which the same are specifically allocated and to utilize the Book-Entry System to the extent possible in connection with its performance hereunder, including, without limitation, in connection with settlements of purchases and sales of Securities, loans of Securities, Securities and deliveries and returns of Securities collateral. Prior to a deposit of Securities of specifically allocated to a Fund Series in the Depository, the Fund shall deliver to the Custodian a certified resolution of the Board of Directors of the Fund approving, authorizing and instructing the Custodian on a continuous and ongoing basis until instructed to the contrary by a Certificate actually received by the Custodian to deposit in the Depository all Securities eligibleCustodian