Common use of Delivery of Assets to Third Parties Clause in Contracts

Delivery of Assets to Third Parties. Custodian will receive delivery of and keep safely the assets of Fund delivered to it from time to time segregated in a separate account. Custodian will not deliver, assign, pledge or hypothecate any such assets to any person except as permitted by the provisions of this Agreement or any agreement executed by it according to the terms of section 3.S. of this Agreement. Upon delivery of any such assets to a subcustodian pursuant to Section 3.S. of this agreement, Custodian will create and maintain records identifying those assets which have been delivered to the subcustodian as belonging to Fund. The Custodian is -2- responsible for the securities and monies of Fund only until they have been transmitted to and received by other persons as permitted under the terms of this Agreement, except for securities and monies transmitted to subcustodians appointed under Section 3.S of this Agreement for which Custodian remains responsible to the extent provided in Section 3.S of this Agreement. Custodian may participate directly or indirectly through a subcustodian in the Depository Trust Company, Treasury/Federal Reserve Book Entry System or Participant Trust Company (PTC) or other depository approved by the Fund (as such entities are defined at 17 CFR Section 270.17f-4(b)) (each a "Depository" and collectively the "Depositories").

Delivery of Assets to Third Parties. Custodian will receive delivery of and keep safely the assets of Fund delivered to it from time to time each Portfolio segregated in a separate account. Custodian will not deliver, assign, pledge or hypothecate any such assets to any person except as permitted by the provisions of this Agreement or any agreement executed by it according to the terms of section 3.S. Section 3.P of this Agreement. Upon delivery of any such assets to a subcustodian pursuant to Section 3.S. 3.P of this agreementAgreement, Custodian will create and maintain records identifying those assets which have been delivered to the subcustodian as belonging to Fundthe applicable Portfolio. The Custodian is -2- responsible for the safekeeping of the securities and monies of Fund the Portfolios only until they have been transmitted to and received by other persons as permitted under the terms of this Agreement, except for securities and monies transmitted to subcustodians appointed under Section 3.S 3.P of this Agreement Agreement, for which Custodian remains responsible to the extent provided in Section 3.S of this Agreement3.P hereof. Custodian may participate directly or indirectly through a subcustodian in the Depository Trust CompanyCompany (DTC), Treasury/Federal Reserve Book Entry System or (Fed System), Participant Trust Company (PTC) or other depository approved by the Fund (as such entities are defined at 17 CFR Section 270.17f-4(b)) (each a "Depository" and collectively the "Depositories").

Delivery of Assets to Third Parties. Custodian will receive delivery of and keep safely the assets of Fund each Portfolio delivered to it from time to time segregated in a separate account. Custodian will not deliver, assign, pledge or hypothecate any such assets to any person except as permitted by the provisions of this Agreement or any agreement executed by it according to the terms of section 3.S. Section 2.S. of this Agreement. Upon delivery of any such assets to a subcustodian pursuant to Section 3.S. 2.S. of this agreementAgreement, Custodian will create and maintain records identifying those assets which have been delivered to the subcustodian as belonging to Fundthe applicable Portfolio. The Custodian is -2- responsible for the securities and monies of Fund only until they have been transmitted to and received by other persons as permitted under the terms of this Agreement, except for securities and monies transmitted to subcustodians appointed under Section 3.S 2.S. of this Agreement Agreement, for which Custodian remains responsible to the extent provided in Section 3.S 2.S. of this Agreement. Custodian may participate directly or indirectly through a subcustodian in the Depository Trust Company, Treasury/Federal Reserve Book Entry System or Participant Trust Company (PTC) or other depository approved by the Fund (as such entities are defined at 17 CFR Section 270.17f-4(b)) (each a "Depository" and collectively the "Depositories").

Delivery of Assets to Third Parties. Custodian will ___________________________________ receive delivery of and keep safely the assets of Fund each Portfolio delivered to it from time to time segregated in a separate account. Custodian will not deliver, assign, pledge or hypothecate any such assets to any person except as permitted by the provisions of this Agreement or any agreement executed by it according to the terms of section 3.S. Section 2.S of this Agreement. Upon delivery of any such assets to a subcustodian pursuant to Section 3.S. 2.S of this agreementAgreement, Custodian will create and maintain records identifying those assets which have been delivered to the subcustodian as belonging to Fundeach such Portfolio. The Custodian is -2- responsible for the securities and monies of Fund only until they have been transmitted to and received by other persons as permitted under the terms of this Agreement, except for securities and monies transmitted to subcustodians appointed under Section 3.S 2.S of this Agreement for which Custodian remains responsible to the extent provided in Section 3.S 2.S of this Agreement. Custodian may participate directly or indirectly through a subcustodian in the Depository Trust Company, Treasury/Federal Reserve Book Entry System or Participant Trust Company (PTC) or other depository approved by the Fund (as such entities are defined at 17 CFR Section 270.17f-4(b)) (each a "Depository" and collectively the "Depositories").

Delivery of Assets to Third Parties. Custodian will receive delivery of and keep safely the assets of Fund each Portfolio delivered to it from time to time segregated in a separate account. Custodian will not deliver, assign, pledge or hypothecate any such assets to any person except as permitted by the provisions of this Agreement or any agreement executed by it according to the terms of section 3.S. of this Agreement. Upon delivery of any such assets to a subcustodian pursuant to Section 3.S. of this agreement, Custodian will create and maintain records identifying those assets which have been delivered to the subcustodian as belonging to Fundeach such Portfolio. The Custodian is -2- responsible for the securities and monies of Fund only until they have been transmitted to and received by other persons as permitted under the terms of this Agreement, except for securities and monies transmitted to subcustodians appointed under Section 3.S of this Agreement for which Custodian remains responsible to the extent provided in Section 3.S of this Agreement. Custodian may participate directly or indirectly through a subcustodian in the Depository Trust Company, Treasury/Federal Reserve Book Entry System or Participant Trust Company (PTC) or other depository approved by the Fund (as such entities are defined at 17 CFR Section 270.17f-4(b)) (each a "Depository" and collectively the "Depositories").