Delivery of the Property. The Fund will deliver or arrange for delivery to PFPC Trust, all the Property owned by the Portfolios, including cash received as a result of the distribution of Shares, during the term of this Agreement. PFPC Trust will not be responsible for any assets until actual receipt.
Delivery of the Property. The Fund will deliver or arrange for delivery to SEI Trust, all the Property owned by it, including cash received as a result of the distribution of Shares, during the term of this Agreement. SEI Trust will not be responsible for such property until actual receipt.
Delivery of the Property. Custodian, for the account of the Fund, will deliver or arrange for delivery to PNC Bank, all the Property owned by the Portfolios, including cash received as a result of the distribution of Shares, during the period that is set forth in this Agreement. PNC Bank will not be responsible for such property until actual receipt.
Delivery of the Property. The Fund will deliver or arrange for delivery to PNC Bank, all the property owned by the Fund, including cash received as a result of the distribution of its Shares, during the period that is set forth in this Agreement. PNC Bank will not be responsible for such property until actual receipt. (b) Receipt and Disbursement of Money. PNC Bank, acting upon Written Instructions, shall open and maintain separate account(s) in the Fund's name using all cash received from or for the account of the Fund, subject to the terms of this Agreement. In addition, upon Written Instructions, PNC Bank shall open separate custodial accounts for each separate series, class or portfolio of the Fund and shall hold in such account(s) all cash received from or for the accounts of the Fund specifically designated to each separate series, class or portfolio. PNC Bank shall make cash payments from or for the account of the Fund only for: (i) purchases of securities in the name of the Fund or PNC Bank or PNC Bank's nominee as provided in sub-paragraph j and for which PNC Bank has received a copy of the broker's or dealer's confirmation or payee's invoice, as appropriate; (ii) purchase or redemption of Shares of the Fund delivered to PNC Bank; (iii) payment of, subject to Written Instructions, interest, taxes, administration, accounting, distribution, advisory, management fees or similar expenses which are to be borne by the Fund; (iv) payment to, subject to receipt of Written Instructions, the Fund's transfer agent, as agent for the shareholders, an amount equal to the amount of dividends and distributions stated in the Written Instructions to be distributed in cash by the transfer agent to shareholders, or, in lieu of paying the Fund's transfer agent, PNC Bank may arrange for the direct payment of cash dividends and distributions to shareholders in accordance with procedures mutually agreed upon from time to time by and among the Fund, PNC Bank and the Fund's transfer agent; (v) payments, upon receipt of Written Instructions, in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Fund and held by or delivered to PNC Bank; (vi) payments of the amounts of dividends received with respect to securities sold short; payments made to a sub-custodian pursuant to provisions in sub-paragraph c of this Paragraph; and (viii) payments, upon Written Instructions made for other proper Fund purposes. PNC Bank is hereby authorized to endorse and collect a...
Delivery of the Property. The Trust will deliver or arrange for delivery to PFPC Trust, all the Property owned by the Series, including cash received as a result of the distribution of Shares, during the term of this Agreement. PFPC Trust will not be responsible for any assets until actual receipt.
Delivery of the Property. The Partnership will deliver or arrange for delivery to PFPC Trust, all the Property owned by the Portfolios, including cash received as a result of the distribution of Shares, during the term of this Agreement. PFPC Trust will not be responsible for any assets until actual receipt.
Delivery of the Property. The Fund will deliver or arrange for delivery to the Custodian, all the property it owns, including cash received as a result of the distribution of its Shares, during the period that is set forth in this Agreement. The Custodian will not be responsible for such property until actual receipt.
Delivery of the Property. 6.1 The Landlord must deliver the Property (without the surface area of Offices) to the Tenant on the Delivery Date. The Parties shall prepare a Delivery Protocol on the occasion of the delivery of the Property (“Delivery Protocol”).
6.2 If the Tenant does not attend to the delivery of the Property on the Delivery Date, the Property will be considered to have been accepted by the Tenant without reservation. In this case, the Landlord will formalize the Delivery Protocol unilaterally, and must record the Tenant’s absence in the Delivery Protocol itself.
6.3 The Tenant shall be obliged to accept the Property unless it presents Major Defects. It shall be the responsibility of the Landlord to remedy any Minor Defects that have been included in the Delivery Protocol within a maximum period of fifteen (15) Business Days from the execution of the Delivery Protocol, unless the Parties agree otherwise in this regard. It shall be the responsibility of the Landlord to eliminate any Major Defects within a period appropriate to the nature of the Major Defect, but not more than thirty (30) Business Days from the time the Major Defect has been notified by the Tenant. By signing the Delivery Protocol, it will be understood that the Parties confirm that the Property has been delivered free of any defects other than those that the Parties have collected in the Delivery Protocol.
6.4 Any dispute that may arise between the Parties in relation to the nature of the defects will be submitted to the Independent Expert, who will resolve on the nature of each defect. The Parties shall bear the Independent Expert’s fees equally. The Party whose position was confirmed by the Independent Expert may, within five Business Days following the decision of the Independent Expert, claim from the other Party the reimbursement of its participation in the Independent Expert’s fees within a period not exceeding ten (10) Business Days following the request of the Party whose position had been estimated.
6.5 If the delivery of the Property does not take place on the Delivery Date for the reason provided for in Clauses 6.3 and 6.4, the delivery of the Property will take place on the Alternative Delivery Date. Clauses 6.1 to 6.4 shall also apply to the delivery of the Property on the Alternative Delivery Date.
6.6 The Tenant assumes full responsibility for obtaining the Activity License and will compensate the Landlord for any type of cost, harm, damage and/or loss arising from lack of obtaining or ...
Delivery of the Property. The Fund will deliver or arrange for delivery to PFPC Trust all the assets for which PFPC Trust will serve as custodian under this Agreement. PFPC Trust will not be responsible for any assets until actual receipt. With respect to the 130/30 Equity Core Fund, notwithstanding anything in this Agreement to the contrary PFPC Trust’s responsibilities shall be limited to the cash received by PFPC Trust from time to time from the Fund with respect to such Portfolio (and without limitation of the foregoing limitation of responsibilities set forth in this sentence, PFPC Trust’s responsibilities with respect to the 130/30 Equity Core Fund shall not include activities involving or relating to portfolio securities or other portfolio investment items).
Delivery of the Property. (a) During the period during which this Agreement is effective the Customer will:
(i) deliver or provide for the delivery to the Custodian of all of the Customer’s tangible Property that is subject to this Agreement, including without limitation cash, certificated securities, and other certificated financial instruments;
(ii) deliver or provide for the delivery to the Custodian evidence satisfactory to the Custodian of the Customer’s ownership of all uncertificated securities that are the subject of this Agreement, including without limitation: (A) executed subscription agreements or similar documents evidencing the Customer’s ownership of Interests, as well as any subsequent subscription or similar agreements to purchase additional Interests in an Underlying Fund in which the Customer previously had invested, and any redemption or similar agreements or notices to redeem or otherwise dispose of Interests previously owned by the Customer; and (B) evidence of the Customer’s ownership of securities held through a Book-Entry System;
(iii) deliver or provide for the delivery to the Custodian evidence satisfactory to the Custodian of the Customer’s ownership of all other uncertificated financial instruments that are subject to this Agreement; and
(iv) deliver or provide for the delivery to the Custodian any other Property owned by the Customer that is subject to this Agreement, and any other evidence of ownership of Property by the Customer that is subject to this Agreement, in either case in a form and manner satisfactory to the Custodian. Custodian acknowledges that as of the date hereof, Customer has delivered to Custodian certain documentation and evidence required to be delivered pursuant to this Section 4(a) with respect to the assets to be custodied by the Custodian on the date hereof. Custodian agrees that it shall not require Customer to deliver any document or evidence previously delivered by Customer to the Custodian.
(b) The Custodian is not responsible for any Property or any other items referred to in Section 5(a) until actual receipt by the Custodian.
(c) The Customer hereby authorizes the Custodian to hold any and all such Property and other items in the name of the Custodian for the benefit of the Customer.
