Delivery Versus Payment for Purchases and Sales. Purchases and sales of Securities effected by the Custodian will be made on a delivery versus payment basis. 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 (Bruce Fund Inc), Custody Agreement (Pennsylvania Avenue Funds), Custody Agreement (Simple Capital Trust)
Delivery Versus Payment for Purchases and Sales. Purchases and ------------------------------------------------ sales of Securities effected by the Custodian will be made on a delivery versus payment basis. 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. VI.
Appears in 2 contracts
Samples: Custody Agreement (Access Variable Insurance Trust), Custody Agreement (Tanaka Funds Inc)
Delivery Versus Payment for Purchases and Sales. Purchases and sales of Securities effected by the Custodian will be made on a delivery versus payment basis. 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. VI.
Appears in 2 contracts
Samples: Custody Agreement (Unified Series Trust), Custody Agreement (Star Select Funds)
Delivery Versus Payment for Purchases and Sales. Purchases ----------------------------------------------- and sales of Securities effected by the Custodian will be made on a delivery versus payment basis. 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. VI.
Appears in 1 contract
Samples: Custody Agreement (Runkel Funds)
Delivery Versus Payment for Purchases and Sales. Purchases and ----------------------------------------------- sales of Securities effected by the Custodian will be made on a delivery versus payment basis. 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
Samples: Custody Agreement (Alpha Analytics Investment Trust)
Delivery Versus Payment for Purchases and Sales. Purchases ------------------------------------------------- and sales of Securities effected by the Custodian will be made on a delivery versus payment basis. 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. VI.
Appears in 1 contract
Samples: Custody Agreement (Wallace Funds)
Delivery Versus Payment for Purchases and Sales. Purchases and sales of Securities effected by the Custodian will be made on a delivery versus payment basis. 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 notice to and receipt of acceptable indemnification from the Fund.
Appears in 1 contract
Delivery Versus Payment for Purchases and Sales. Purchases and sales -------------------------------------------------- of Securities effected by the Custodian will be made on a delivery versus payment basis. 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. VI.
Appears in 1 contract
Samples: Custody Agreement (Sparrow Funds)
Delivery Versus Payment for Purchases and Sales. Purchases and sales ----------------------------------------------- of Securities effected by the Custodian will be made on a delivery versus payment basis. 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
Samples: Custody Agreement (Securities Management & Timing Funds)