DELIVERIES FROM CUSTODY ACCOUNT. Upon receipt of Proper Instructions but subject to its right to foreclose upon and liquidate collateral pledged to it pursuant to Section 9.3 below, Custodian shall release and deliver securities and other assets from the Custody Account, but only in the following cases, provided, first, that such deliveries are in connection with the clearance and/or custody of securities or other assets, second, there are sufficient amounts and types of securities or other assets in the Custody Account for Custodian to make such deliveries, and, third, that after the making of such deliveries, the Company would not be in violation of any margin or other requirements agreed upon pursuant to Section 3.19 below:
Appears in 4 contracts
Samples: Custody Agreement (Kayne Anderson MLP Investment CO), Custody Agreement (Kayne Anderson Energy Total Return Fund, Inc.), Custody Agreement (Kayne Anderson Energy Development Co)
DELIVERIES FROM CUSTODY ACCOUNT. Upon receipt of Proper Instructions but subject to its right to foreclose upon and liquidate collateral pledged to it pursuant to Section 9.3 below, Custodian shall release and deliver securities and other assets from the Custody Account, but only in the following cases, provided, firstFIRST, that such deliveries are in connection with the clearance and/or custody of securities or other assets, secondSECOND, there are sufficient amounts and types of securities or other assets in the Custody Account for Custodian to make such deliveries, and, thirdTHIRD, that after the making of such deliveries, the Company would not be in violation of any margin or other requirements agreed upon pursuant to Section 3.19 3.18 below:
Appears in 3 contracts
Samples: Exhibit 9 Custody Agreement (Cornerstone Strategic Value Fund Inc/ New), Exhibit 9 Custody Agreement (Cornerstone Strategic Value Fund Inc/ New), Custody Agreement (Progressive Return Fund Inc)
DELIVERIES FROM CUSTODY ACCOUNT. Upon receipt of Proper Instructions but subject to its right to foreclose upon and liquidate collateral pledged to it pursuant to Section 9.3 below, Custodian shall release and deliver securities and other assets from the Custody Account, but only in the following cases, provided, firstFIRST, that such deliveries are in connection with the clearance and/or custody of securities or other assets, secondSECOND, there are sufficient amounts and types of securities or other assets in the Custody Account for Custodian to make such deliveries, and, third, that after the making of such deliveries, the Company would not be in violation of any margin or other requirements agreed upon pursuant to Section 3.19 3.18 below:
Appears in 1 contract
Samples: Custody Agreement (Cornerstone Progressive Return Fund)
DELIVERIES FROM CUSTODY ACCOUNT. Upon receipt of Proper Instructions but subject to its right to foreclose upon and liquidate collateral pledged to it pursuant to Section 9.3 below, Custodian shall release and deliver securities and other assets from the Custody Account, but only in the following cases, provided, first, that such deliveries are in connection with the clearance and/or custody of securities or other assets, second, there are sufficient amounts and types of securities or other assets in the Custody Account for Custodian to make such deliveries, and, third, that after the making of such deliveries, the Company would not be in violation of any margin or other requirements agreed upon pursuant to Section 3.19 3.18 below:
Appears in 1 contract
Samples: Exhibit 9 (Eis Fund Inc)
