Common use of Delivery Versus Payment for Purchases and Sales Clause in Contracts

Delivery Versus Payment for Purchases and Sales. Purchases and sales of Investments effected by Custodian will be made on a delivery versus payment basis in accordance with generally accepted trade practices, or the terms of the instrument representing such Investment. The Custodian may, in its sole discretion, upon receipt of Written Instructions, elect to settle a purchase or sale transaction in some other manner, but only upon receipt of acceptable indemnification from the Fund.

Delivery Versus Payment for Purchases and Sales. Purchases and sales of Investments effected by Custodian will be made settled on a delivery versus payment basis in accordance with generally accepted trade practices, or the terms of the instrument representing such Investment. The Custodian may, in its sole discretion, upon receipt of Written Instructions, elect to shall settle a purchase or sale transaction in some other manner, but only upon receipt of acceptable indemnification from the FundWritten Instructions specifically noting that settlement is to be made on a basis other than delivery versus payment.

Delivery Versus Payment for Purchases and Sales. Purchases and sales of Investments effected Investmentseffected by Custodian will be made on a delivery versus payment basis in accordance with generally accepted generallyaccepted trade practices, or the terms of the instrument representing such Investment. The Custodian may, ,in its sole discretion, upon receipt of Written Instructions, elect to settle a purchase or sale transaction in some insome other manner, but only upon receipt of acceptable indemnification from the Fund.

Delivery Versus Payment for Purchases and Sales. Purchases and sales of Investments Securities effected by Custodian will be made on a delivery versus payment basis in accordance with generally accepted trade practices, or the terms of the instrument representing such InvestmentSecurities as applicable to United States securities market practice only. The Custodian may, in its sole discretion, upon receipt of Written Instructions, elect to settle a purchase or sale transaction in some other manner, but only upon receipt of acceptable indemnification from the Fund.Client

Delivery Versus Payment for Purchases and Sales. Purchases and sales of Investments effected by Custodian will be made on a delivery versus payment basis in accordance with generally accepted trade practices, or the terms of the instrument representing such Investment. The Custodian may, in its sole discretion, upon receipt of Written Instructions, elect to settle a purchase or sale transaction in some other manner, but only upon receipt of acceptable indemnification from the Fund.