Common use of Customary Practices Clause in Contracts

Customary Practices. Notwithstanding anything to the contrary in this Agreement, the Custodian is authorized to settle transactions 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 and, in such circumstances, the Fund shall have responsibility for nondelivery of Securities or other property (or late delivery) or nonreceipt of payments of monies (or late payment) by the counterparty, provided, however, that in such an event, the Custodian agrees to provide reasonable assistance to the Fund in order to consummate such incomplete transaction(s) .

Customary Practices. Notwithstanding anything to the contrary in this Agreement, the Custodian is authorized to settle transactions 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 and, in such circumstances, the Fund Trust shall have responsibility for nondelivery of Securities or other property (or late delivery) or nonreceipt of payments of monies (or late payment) by the counterparty, provided, however, that in such an event, the Custodian agrees to provide reasonable assistance to the Fund Trust in order to consummate such incomplete transaction(s) .