DELIVERY OF FOREIGN ASSETS. The Custodian or a Foreign Sub-Custodian shall release and deliver foreign securities of the Portfolios held by the Custodian or such Foreign Sub-Custodian, or in a Foreign Securities System account, only upon receipt of Proper Instructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases: (i) Upon the sale of such foreign securities for the Portfolio in accordance with commercially reasonable market practice in the country where such foreign securities are held or traded, including, without limitation: (A) delivery against expectation of receiving later payment; or (B) in the case of a sale effected through a Foreign
Appears in 5 contracts
Samples: Master Custodian Agreement (Schwab Capital Trust), Master Custodian Agreement (Schwab Charles Family of Funds), Master Custodian Agreement (Schwab Annuity Portfolios)
DELIVERY OF FOREIGN ASSETS. The Custodian or a Foreign Sub-Custodian shall release and deliver foreign securities of the Portfolios Funds held by the Custodian or such Foreign Sub-Custodian, or in a Foreign Securities System account, only upon receipt of Proper Instructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases:
(i) Upon upon the sale of such foreign securities for the Portfolio Fund in accordance with commercially reasonable customary market practice in the country where such foreign securities are held or traded, including, without limitation: (A) delivery against expectation of receiving later payment; or (B) in the case of a sale effected through a Foreignthrough
Appears in 4 contracts
Samples: Custodian Contract/Agreement (Prudential World Fund Inc), Custodian Contract/Agreement (Cash Accumulation Trust), Custodian Contract/Agreement (Prudential Tax Free Money Fund Inc)
DELIVERY OF FOREIGN ASSETS. The Custodian or a Foreign Sub-Custodian shall release and deliver foreign securities of the Portfolios held by the Custodian or such Foreign Sub-Custodian, or in a Foreign Securities System account, only upon receipt of Proper Instructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases:
5 6 (i) Upon upon the sale of such foreign securities for the Portfolio in accordance with commercially reasonable market practice in the country where such foreign securities are held or traded, including, without limitation: (A) delivery against expectation of receiving later payment; or (B) in the case of a sale effected through a ForeignForeign Securities System, in accordance with the rules governing the operation of the Foreign Securities System;
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DELIVERY OF FOREIGN ASSETS. The Custodian or a Foreign Sub-Custodian shall release and deliver foreign securities of the Portfolios Fund held by the Custodian or such Foreign Sub-Custodian, or in a Foreign Securities System account, only upon receipt of Proper Instructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases:
(i) Upon the sale of such foreign securities for the Portfolio Fund in accordance with commercially reasonable market practice in the country where such foreign securities are held or traded, including, without limitation: (A) delivery against expectation of receiving later payment; or (B) in the case of a sale effected through a ForeignForeign Securities System, in accordance with the rules governing the operation of the Foreign Securities System; In connection with any repurchase agreement related to foreign securities;
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Samples: Custodian Contract (Blackrock Preferred Opportunity Trust)
DELIVERY OF FOREIGN ASSETS. The Custodian or a Foreign Sub-Custodian shall release and deliver foreign securities of the Portfolios a Portfolio held by the Custodian or such Foreign Sub-Custodian, or in a Foreign Securities System account, only upon receipt of Proper Instructions, which may be continuing instructions when deemed appropriate by the parties, and only in the following cases:
(i) Upon the upon sale of such foreign securities for the Portfolio in accordance with commercially reasonable market practice in the country where such foreign securities Foreign Assets are held or traded, including, without limitation: (A) delivery against expectation of receiving later payment; or (B) ), in the case of a sale effected through a ForeignForeign Securities System, in accordance with the rules governing the operation of the Foreign Securities System;
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