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.
Appears in 88 contracts
Samples: Custody Agreement (360 Funds), Custody Agreement (Mh Elite Portfolio of Funds Trust), Custody Agreement (Paradigm Funds)
Delivery Versus Payment for Purchases and Sales. Purchases and sales of Investments Securities effected by the 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 Investmentbasis. 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.
Appears in 58 contracts
Samples: Custody Agreement (Wegener Investment Trust), Custody Agreement (Forester Funds Inc), Custody Agreement (Simple Capital Trust)
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.
Appears in 3 contracts
Samples: Custody Agreement (Midas Series Trust), Custody Agreement (Dividend & Income Fund), Custody Agreement (Foxby Corp.)
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.such
Appears in 1 contract
Samples: Custody Agreement (Crow Point Global Dividend Plus Fund)
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.
Appears in 1 contract
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
Appears in 1 contract
Samples: Global Custodial Services Agreement (Diamond Hill Funds)
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.
Appears in 1 contract