Debits from the Cash Account. The consideration payable in connection with a purchase transaction shall be debited from the Cash Account as of the time and date that monies would ordinarily be required to settle such transaction in the applicable market. The Custodian shall promptly recredit such amount at the time that the Client notifies the Custodian that such transaction has been cancelled.
Appears in 11 contracts
Samples: Custodial Services Agreement (John Hancock Bond Trust), Custodial Services Agreement (John Hancock Funds II), Master Global Custodial Services Agreement (John Hancock Bond Trust)
