Common use of Custody of Cash Clause in Contracts

Custody of Cash. As Custodian for the Trust, the Bank will open and ---------------- maintain a separate account or accounts for each series or portfolio, in the name of the Trust or in the name of the Bank, as Custodian of the Trust, and will deposit to such account or accounts of the Trust all of the cash of the Trust, except for cash held by a subcustodian appointed pursuant to Section 13.2 hereof, including borrowed funds, delivered to the Bank. 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 shares of the Trust, notification from the Trust's transfer agent as provided in Section 7 hereof, 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 Trust, insofar as funds are available for that purpose, only as permitted in subsections 5.1-5.9 below. Nothing contained herein will act to preclude the Trust from establishing one or more joint trading accounts to invest monies that are uninvested at the close of business, provided that appropriate regulatory approvals are obtained.

Custody of Cash. As Custodian custodian for the TrustFund, the Bank will open and ---------------- maintain a separate account or accounts for each series or portfolio, in the name of the Trust Fund or in the name of the Bank, as Custodian of the TrustFund, and will deposit to such the account or accounts of the Trust Fund all of the cash of the TrustFund, except for cash held by a subcustodian appointed pursuant to Section 13.2 Sections 14.2 or 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. Pursuant to the Bank’s internal policies regarding the management of cash accounts, the Bank may segregate certain portions of the cash of the Fund into a separate savings deposit account upon which the Bank reserves the right to require seven (7) days notice prior to withdrawal of cash from such an account. 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 shares of common stock of the TrustFund, notification from the Trust's Fund’s transfer agent as provided in Section 7 hereof7, 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 TrustFund, insofar as funds are available for that purpose, only as permitted in subsections 5.1-5.9 5.1 -5.9 below. Nothing contained herein will act to preclude the Trust from establishing one or more joint trading accounts to invest monies that are uninvested at the close of business, provided that appropriate regulatory approvals are obtained.

Custody of Cash. As Custodian for the Trust, the Bank will open and ---------------- maintain a separate account or accounts for each series or portfolio, in the name of the Trust or in the name of the Bank, as Custodian of the Trust, and will deposit to such the account or accounts of the Trust all of the cash of the Trust, except for cash held by a subcustodian appointed pursuant to Section 13.2 Sections 14.2 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. Pursuant to the Bank's internal policies regarding the management of cash accounts, the Bank may segregate certain portions of the cash of the Trust into a separate savings deposit account upon which the Bank reserves the right to require seven (7) days notice prior to withdrawal of cash from such an account. 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 shares of common stock of the Trust, notification from the Trust's transfer agent as provided in Section 7 hereof7, 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 Trust, insofar as funds are available for that purpose, only as permitted in subsections 5.1-5.9 below. Nothing contained herein will act to preclude the Trust from establishing one or more joint trading accounts to invest monies that are uninvested at the close of business, provided that appropriate regulatory approvals are obtained.

Custody of Cash. As Custodian custodian for the TrustFund, the Bank will open and ---------------- maintain a separate account or accounts for each series or portfolio, in the name of the Trust Fund or in the name of the Bank, as Custodian of the TrustFund, and will deposit to such the account or accounts of the Trust Fund all of the cash of the TrustFund, except for cash held by a subcustodian appointed pursuant to Section 13.2 Sections 14.2 or 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. Pursuant to the Bank's internal policies regarding the management of cash accounts, the Bank may segregate certain portions of the cash of the Fund into a separate savings deposit account upon which the Bank reserves the right to require seven (7) days notice prior to withdrawal of cash from such an account. 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 shares of the TrustFund, notification from the TrustFund's transfer agent as provided in Section 7 hereof7, 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 TrustFund, insofar as funds are available for that purpose, only as permitted in subsections 5.1-5.1 through 5.9 below. Nothing contained herein will act to preclude the Trust from establishing one or more joint trading accounts to invest monies that are uninvested at the close of business, provided that appropriate regulatory approvals are obtained.

Custody of Cash. As Custodian custodian for the TrustFund, the Bank will open and ---------------- maintain a separate account or accounts for each series or portfolio, in the name of the Trust Fund or in the name of the Bank, as Custodian of the TrustFund, and will deposit to such the account or accounts of the Trust Fund all of the cash of the TrustFund, except for cash held by a subcustodian appointed pursuant to Section 13.2 Sections 14.2 or 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. Pursuant to the Bank’s internal policies regarding the management of cash accounts, the Bank may segregate certain portions of the cash of the Fund into a separate savings deposit account upon which the Bank reserves the right to require seven (7) days notice prior to withdrawal of cash from such an account. Upon receipt by the Bank of Proper Instructions instructions (which may be continuing instructions) or in the case of payments for redemptions and repurchases of outstanding shares of common stock of the TrustFund, notification from the Trust's Fund’s transfer agent as provided in Section 7 hereof7, 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 TrustFund, insofar as funds are available for that purpose, only as permitted in subsections 5.1-5.9 below. Nothing contained herein will act to preclude the Trust from establishing one or more joint trading accounts to invest monies that are uninvested at the close of business, provided that appropriate regulatory approvals are obtained.

Custody of Cash. As Custodian custodian for the TrustFund, the Bank will open and ---------------- maintain a separate account or accounts for each series or portfolio, in the name of the Trust Fund or in the name of the Bank, as Custodian of the TrustFund, and will deposit to such the account or accounts of the Trust Fund all of the cash of the TrustFund, except for cash held by a subcustodian appointed pursuant to Section 13.2 Sections 14.2 or 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. Pursuant to the Bank's internal policies regarding the management of cash accounts, the Bank may segregate certain portions of the cash of the Fund into a separate savings deposit account upon which the Bank reserves the right to require seven (7) days notice prior to withdrawal of cash from such an account. 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 shares units of the TrustFund, notification from the TrustFund's transfer agent as provided in Section 7 hereof7, 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 TrustFund, insofar as funds are available for that purpose, only as permitted in subsections 5.1-5.9 below. Nothing contained herein will act to preclude the Trust from establishing one or more joint trading accounts to invest monies that are uninvested at the close of business, provided that appropriate regulatory approvals are obtained.