Common use of Custody of Cash Clause in Contracts

Custody of Cash. As custodian, the Bank will open and maintain a --------------- separate account or accounts in the name of each Master Portfolio or in the name of the Bank, as custodian of the Master Portfolios, and will deposit to the account of a Master Portfolio all of the cash of the Master Portfolio, except for cash held by a sub-custodian appointed pursuant to subsections 13.3 or 13.4 hereof, including borrowed funds, delivered to the Bank, subject only to draft or order by the Bank acting pursuant to the terms of this Agreement. Upon receipt by the Bank of Proper Instructions (which may be continuing instructions) or in the case of payments for redemptions and repurchases of outstanding interests of a Master Portfolio, notification from the Master Portfolio's transfer agent as provided in Section 7, requesting such payment, designating the payee or the account or accounts to which the Bank will release funds for deposit, and stating that it is for a purpose permitted under the terms of this Section 5, specifying the applicable subsection, the Bank will make payments of cash held for the accounts of the Master Portfolio, insofar as funds are available for that purpose, only as permitted in subsections 5.1-5.9 below.

Custody of Cash. As custodiancustodian for the Trust, the Bank will open and maintain a --------------- separate account or accounts in the name of each Master Portfolio Series of the Trust or in the name of the Bank, as custodian Custodian of the Master PortfoliosTrust, and will deposit to the account of a Master Portfolio the Trust all of the cash of the Master PortfolioTrust, except for cash held by a sub-custodian subcustodian appointed pursuant to subsections 13.2 or 13.3 or 13.4 hereof, including borrowed funds, delivered to the Bank, subject only to draft or order by the Bank acting pursuant to the terms of this Agreement. Upon receipt by the Bank of Proper Instructions (which may be continuing instructions) or in the case of payments for redemptions and repurchases of outstanding interests shares of a Master Portfoliocommon stock of the Trust, notification from the Master PortfolioTrust's transfer agent as provided in Section 7, requesting such payment, designating the payee or the account or accounts to which the Bank will release funds for deposit, and stating that it is for a purpose permitted under the terms of this Section 5, specifying the applicable subsection, the Bank will make payments of cash held for the accounts of the Master PortfolioTrust, insofar as funds are available for that purpose, only as permitted in subsections 5.1-5.9 below.

Custody of Cash. As custodiancustodian for the Company, the Bank Custodian will open and maintain a --------------- separate account or accounts in the name of each Master Portfolio the Company or in the name of the BankCustodian, as custodian Custodian of the Master PortfoliosCompany, and will deposit to the account of a Master Portfolio the Company all of the cash of the Master PortfolioCompany, except for cash held by a sub-custodian subcustodian appointed pursuant to subsections 13.3 or 13.4 Section 13.2 hereof, including borrowed funds, delivered to the BankCustodian, subject only to draft or order by the Bank Custodian acting pursuant to the terms of this Agreement. Upon receipt by the Bank Custodian of Proper Instructions (which may be continuing instructions) or in the case of payments for redemptions and repurchases of outstanding interests shares of a Master Portfoliocommon stock of the Company, notification from the Master PortfolioCompany's transfer agent as provided in Section 7, requesting such payment, designating the payee or the account or accounts to which the Bank Custodian will release funds for deposit, and stating that it is for a purpose permitted under the terms of this Section 5, specifying the applicable subsection, the Bank Custodian will make payments of cash held for the accounts of the Master PortfolioCompany, insofar as funds are available for that purpose, only as permitted in subsections 5.1-5.9 below.

Custody of Cash. As custodiancustodian for the Fund, the Bank will open and maintain a --------------- separate account or accounts in the name of each Master Portfolio Series of the Fund or in the name of the Bank, as custodian Custodian of the Master PortfoliosFund, and will deposit to the account of a Master Portfolio the Fund all of the cash of the Master PortfolioFund, except for cash held by a sub-custodian subcustodian appointed pursuant to subsections 13.2 or 13.3 or 13.4 hereof, including borrowed funds, delivered to the Bank, subject only to draft or order by the Bank acting pursuant to the terms of this Agreement. Upon receipt by the Bank of Proper Instructions (which may be continuing instructions) or in the case of payments for redemptions and repurchases of outstanding interests shares of a Master Portfoliocommon stock of the Fund, notification from the Master PortfolioFund's transfer agent as provided in Section 7, requesting such payment, designating the payee or the account or accounts to which the Bank will release funds for deposit, and stating that it is for a purpose permitted under the terms of this Section 5, specifying the applicable subsection, the Bank will make payments of cash held for the accounts of the Master PortfolioFund, insofar as funds are available for that purpose, only as permitted in subsections 5.1-5.9 below.

Custody of Cash. As custodiancustodian for each Portfolio, the Bank will open and maintain a --------------- separate account or accounts in the name of each Master the Portfolio or in the name of the Bank, as custodian of Custodian for the Master PortfoliosPortfolio, and will deposit to the account of a Master for the Portfolio all of the cash of the Master attributable to such Portfolio, except for cash held by a sub-custodian subcustodian appointed pursuant to subsections 13.3 Sections 14.2 or 13.4 14.3 hereof, including borrowed funds, delivered to the Bank, subject only to draft or order by the Bank acting pursuant to the terms of this Agreement. Upon receipt by the Bank of Proper Instructions (which may be continuing instructions) or in the case respect of a Portfolio, or, in connection with payments for redemptions and or repurchases of outstanding interests in respect of a Master such Portfolio, notification from the Master Portfolio's Fund’s transfer agent as provided in Section 7, requesting such payment, designating the payee or the account or accounts to which the Bank will release funds for deposit, and stating that it is for a purpose permitted under the terms of this Section 5, specifying the applicable subsection, the Bank will make payments of cash held for the accounts of the Master Portfolio, insofar as funds are available for that purpose, only as permitted in subsections 5.1-5.9 below.: