Customary Practices. Settlement of transactions may be effected in accordance with trading and processing practices customary in the jurisdiction or market where the transaction occurs. The Fund acknowledges that this may, in certain circumstances, require the delivery of cash or Securities (or other property) without the concurrent receipt of Securities (or other property) or cash. In such circumstances, the Custodian shall have no responsibility for nonreceipt of payments (or late payment) or nondelivery of Securities or other property (or late delivery) by the counterparty.
Appears in 85 contracts
Samples: Mutual Fund Custody and Services Agreement (Gabelli Go Anywhere Trust), Mutual Fund Custody and Services Agreement (Dreyfus Dynamic Alternatives Fund, Inc.), Custody Agreement (American Independence Funds Trust)
Customary Practices. Settlement of transactions may be effected in accordance with trading and processing practices customary in the jurisdiction or market where the transaction occurs. The Fund acknowledges that this may, in certain circumstances, require the delivery of cash or Securities (or other property) Assets without the concurrent receipt of Securities (or other property) or cash. In such circumstances, the Custodian shall have no responsibility for nonreceipt of payments (or late payment) or nondelivery of Securities or other property (or late delivery) by the counterparty.
Appears in 43 contracts
Samples: Mutual Fund Custody and Services Agreement (Ivy Variable Insurance Portfolios), Mutual Fund Custody and Services Agreement (Ivy Funds), Mutual Fund Custody and Services Agreement (Delaware Investments National Municipal Income Fund)
Customary Practices. Settlement of transactions may be effected in accordance with trading and processing practices customary in the jurisdiction or market where the transaction occurs. The Fund Company acknowledges that this may, in certain circumstances, require the delivery of cash or Securities (or other property) without the concurrent receipt of Securities (or other property) or cash. In such circumstances, the Custodian shall have no responsibility for nonreceipt of payments (or late payment) or nondelivery of Securities or other property (or late delivery) by the counterpartycounterparty unless it has breached its standard of care under this Agreement.
Appears in 6 contracts
Samples: Mutual Fund Custody and Services Agreement (Gabelli Utility Trust), Mutual Fund Custody and Services Agreement (Gabelli Equity Trust Inc), Mutual Fund Custody and Services Agreement (Gabelli Value Fund Inc)
Customary Practices. Settlement of transactions may be effected in accordance with trading and processing practices customary in the jurisdiction or market where the transaction occurs. The Fund Trust acknowledges that this may, in certain circumstances, require the delivery of cash or Securities (or other property) without the concurrent receipt of Securities (or other property) or cash. In such circumstances, the Custodian shall have no responsibility for nonreceipt of payments (or late payment) or nondelivery of Securities or other property (or late delivery) by the counterparty.
Appears in 4 contracts
Samples: Mutual Fund Custody and Services Agreement (JNL Investors Series Trust), Mutual Fund Custody and Services Agreement (PRIMECAP Odyssey Funds), Mutual Fund Custody and Services Agreement (JNL Series Trust)
Customary Practices. Settlement of transactions may be effected in ------------------- accordance with trading and processing practices customary in the jurisdiction or market where the transaction occurs. The Fund acknowledges that this may, in certain circumstances, require the delivery of cash or Securities (or other property) Assets without the concurrent receipt of Securities (or other property) or cash. In such circumstances, the Custodian shall have no responsibility for nonreceipt of payments (or late payment) or nondelivery of Securities or other property (or late delivery) by the counterparty.
Appears in 2 contracts
Samples: Mutual Fund Custody and Services Agreement (Lincoln Variable Insurance Products Trust), Mutual Fund Custody and Services Agreement (Lincoln Advisors Trust)
Customary Practices. Settlement of transactions may be effected in accordance with trading and processing practices customary in the jurisdiction or market where the transaction occurs. The Fund Trust on behalf of each Portfolio acknowledges that this may, in certain circumstances, require the delivery of cash or Securities (or other property) without the concurrent receipt of Securities (or other property) or cash. In such circumstances, the Custodian Mellon shall have no responsibility for nonreceipt of payments (or late payment) or nondelivery of Securities or other property (or late delivery) by the counterparty.
Appears in 2 contracts
Samples: Custody, Administration and Accounting Services Agreement (Mellon Institutional Funds Master Portfolio), Custody, Administration and Accounting Services Agreement (Mellon Institutional Funds Master Portfolio)
Customary Practices. Settlement of transactions may be effected in accordance with trading and processing practices customary in the jurisdiction or market where the transaction occurs. The Fund acknowledges Trusts acknowledge that this may, in certain circumstances, require the delivery of cash or Securities (or other property) without the concurrent receipt of Securities (or other property) or cash. In such circumstances, the Custodian shall have no responsibility for nonreceipt of payments (or late payment) or nondelivery of Securities or other property (or late delivery) by the counterparty.
Appears in 2 contracts
Samples: Mutual Fund Custody and Services Agreement (Allianz Variable Insurance Products Trust), Custody Agreement (Allianz Variable Insurance Products Fund of Funds Trust)
Customary Practices. Settlement of transactions may be effected in accordance with trading and processing practices customary in the jurisdiction or market where the transaction occurs. The Trust on behalf of each Fund acknowledges that this may, in certain circumstances, require the delivery of cash or Securities (or other property) without the concurrent receipt of Securities (or other property) or cash. In such circumstances, the Custodian Mellon shall have no responsibility for nonreceipt of payments (or late payment) or nondelivery of Securities or other property (or late delivery) by the counterparty.
Appears in 1 contract
Customary Practices. Settlement of transactions may be effected in accordance with customary market trading and processing practices customary in the jurisdiction or market where the transaction occurspractices. The Fund Trust acknowledges that this may, in certain circumstances, require the delivery of cash or Securities (or other property) without the concurrent receipt of Securities (or other property) or cash. In such circumstances, the Custodian shall have no responsibility for nonreceipt of payments (or late payment) or nondelivery of Securities or other property (or late delivery) by the counterparty.
Appears in 1 contract
Samples: Mutual Fund Custody and Services Agreement (Transparent Value Trust)
Customary Practices. Settlement of transactions may be effected in accordance with trading and processing practices customary in the jurisdiction or market where the transaction occurs. The Each Fund acknowledges that this may, in certain circumstances, require the delivery of cash or Securities (or other property) without the concurrent receipt of Securities (or other property) or cash. In such circumstances, the Custodian shall have no responsibility for nonreceipt of payments (or late payment) or nondelivery of Securities or other property (or late delivery) by the counterparty.
Appears in 1 contract
Samples: Mutual Fund Custody and Services Agreement (Wm Trust I)
