Common use of Deposit Accounts Clause in Contracts

Deposit Accounts. State Street will open and maintain one or more special purpose deposit accounts for each Portfolio in the name of State Street in such banks or trust companies (including, without limitation, affiliates of State Street) as may be designated by it or PIMCO in writing (“Accounts”), subject only to draft or order by State Street upon receipt of Instructions. State Street will deposit all monies received by State Street from or for the account of a Portfolio in an Account maintained for such Portfolio. Subject to Section 5.K hereof, State Street agrees: 1. To make Fed Funds available to the applicable Portfolio at 9:00 a.m., Kansas City time, on the second business day after deposit of any check into an Account, in the amount of the check; 2. To make funds available immediately upon a deposit made by Federal Reserve wire; and 3. To make funds available on the next business day after deposit of ACH wires.

Appears in 9 contracts

Samples: Custody and Investment Accounting Agreement (PIMCO California Flexible Municipal Income Fund), Custody and Investment Accounting Agreement (PIMCO Access Income Fund), Custody and Investment Accounting Agreement (PIMCO Flexible Emerging Markets Income Fund)

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Deposit Accounts. State Street will open and maintain one or more special purpose deposit accounts for each Portfolio in the name of State Street in such banks or trust companies (including, without limitation, affiliates of State Street) as may be designated by it or PIMCO Fund in writing ("Accounts"), subject only to draft or order by State Street upon receipt of Instructions. State Street will deposit all monies received by State Street from or for the account of a Portfolio in an Account maintained for such Portfolio. Subject to Section 5.K 5 hereof, State Street agrees: 1. To make Fed Funds available to the applicable Portfolio at 9:00 a.m., Kansas City time, on the second business day after deposit of any check into an Account, in the amount of the check; 2. To make funds available immediately upon a deposit made by Federal Reserve wire; and 3. To make funds available on the next business day after deposit of ACH wires.

Appears in 5 contracts

Samples: Custody Agreement (Seligman Tax Aware Fund Inc), Custody Agreement (Firsthand Funds), Custody and Investment Accounting Agreement (Seligman Lasalle Real Estate Fund Series Inc)

Deposit Accounts. State Street will open and maintain one or more special purpose deposit accounts for each Portfolio in the name of State Street in such banks or trust companies (including, without limitation, affiliates of State Street) as may be designated by it or PIMCO Fund in writing ("Accounts"), subject only to draft or order by State Street upon receipt of Instructions. State Street will deposit all monies received by State Street from or for the account of a Portfolio in an Account maintained for such Portfolio. Subject to Section 5.K 5.L hereof, State Street agrees: : 1. To make Fed Funds available to the applicable Portfolio at 9:00 a.m., Kansas City time, on the second business day after deposit of any check into an Account, in the amount of the check; 2. To make funds available immediately upon a deposit made by Federal Reserve wire; and 3. To make funds available on the next business day after deposit of ACH wires.

Appears in 4 contracts

Samples: Custody Agreement (Aetna Series Fund Inc), Custody Agreement (Aetna Get Fund/), Custody Agreement (Aetna Get Fund/)

Deposit Accounts. State Street will open and maintain one or more special purpose deposit accounts for each Portfolio in the name of State Street in such banks or trust companies (including, without limitation, affiliates of State Street) as may be designated by it or PIMCO Fund in writing ("Accounts"), subject only to draft or order by State Street upon receipt of Instructions. State Street will deposit all monies received by State Street from or for the account of a Portfolio in an Account maintained for such Portfolio. Subject to Section 5.K 5.L hereof, State Street agrees: 1. To make Fed Funds available to the applicable Portfolio at 9:00 a.m., Kansas City time, on the second business day after deposit of any check into an Account, in the amount of the check; 2. To make funds available immediately upon a deposit made by Federal Reserve wire; and 3. To make funds available on the next business day after deposit of ACH wires.

Appears in 4 contracts

Samples: Custody Agreement (Lexington Money Market Trust), Custody Agreement (Pilgrim Equity Trust), Custody Agreement (Sentinel Group Funds Inc)

Deposit Accounts. State Street will open and maintain one or more special purpose deposit accounts for each Portfolio in the name of State Street in such banks or trust companies (including, without limitation, affiliates of State Street) as may be designated by it or PIMCO in writing ("Accounts"), subject only to draft or order by State Street upon receipt of Instructions. State Street will deposit all monies received by State Street from or for the account of a Portfolio in an Account maintained for such Portfolio. Subject to Section 5.K hereof, State Street agrees: 1. To make Fed Funds available to the applicable Portfolio at 9:00 a.m., Kansas City time, on the second business day after deposit of any check into an Account, in the amount of the check; 2. To make funds available immediately upon a deposit made by Federal Reserve wire; and 3. To make funds available on the next business day after deposit of ACH wires.

Appears in 3 contracts

Samples: Custody and Investment Accounting Agreement (Pimco Fixed Income Shares), Custody and Investment Accounting Agreement (Pimco Fixed Income Shares), Custody and Investment Accounting Agreement (Fixed Income Shares)

Deposit Accounts. State Street will open and maintain one or more special purpose deposit accounts for each Portfolio PVIT in the name of State Street in such banks or trust companies (including, without limitation, affiliates of State Street) as may be designated by it or PIMCO PVIT in writing (“Accounts”), subject only to draft or order by State Street upon receipt of Instructions. State Street will deposit all monies received by State Street from or for the account of a Portfolio PVIT in an Account maintained for such PortfolioPVIT. Subject to Section 5.K hereof, State Street agrees: 1. To make Fed Funds available to the applicable Portfolio PVIT at 9:00 a.m., Kansas City time, on the second business day after deposit of any check into an Account, in the amount of the check; 2. To make funds available immediately upon a deposit made by Federal Reserve wire; and 3. To make funds available on the next business day after deposit of ACH wires.

Appears in 2 contracts

Samples: Custody and Investment Accounting Agreement (PIMCO Equity Series VIT), Custody and Investment Accounting Agreement (Pimco Variable Insurance Trust)

Deposit Accounts. State Street will open and maintain one or more special purpose deposit accounts for each the Portfolio in the name of State Street in such banks or trust companies (including, without limitation, affiliates of State Street) as may be designated by it or PIMCO in writing ("Accounts"), subject only to draft or order by State Street upon receipt of Instructions. State Street will deposit all monies received by State Street from or for the account of a the Portfolio in an Account maintained for such the Portfolio. Subject to Section 5.K hereof, State Street agrees: 1. To make Fed Funds available to the applicable Portfolio at 9:00 a.m., Kansas City time, on the second business day after deposit of any check into an Account, in the amount of the check; 2. To make funds available immediately upon a deposit made by Federal Reserve wire; and 3. To make funds available on the next business day after deposit of ACH wires.

Appears in 2 contracts

Samples: Custody and Investment Accounting Agreement (Fixed Income Shares), Custody and Investment Accounting Agreement (Fixed Income Shares)

Deposit Accounts. State Street will open and maintain one or more ---------------- special purpose deposit accounts for each Portfolio in the name of State Street in such banks or trust companies (including, without limitation, affiliates of State Street) as may be designated by it or PIMCO in writing ("Accounts"), subject only to draft or order by State Street upon receipt of Instructions. State Street will deposit all monies received by State Street from or for the account of a Portfolio in an Account maintained for such Portfolio. Subject to Section 5.K hereof, State Street agrees: 1. To make Fed Funds available to the applicable Portfolio at 9:00 a.m., Kansas City time, on the second business day after deposit of any check into an Account, in the amount of the check; 2. To make funds available immediately upon a deposit made by Federal Reserve wire; and 3. To make funds available on the next business day after deposit of ACH wires.

Appears in 1 contract

Samples: Custody and Investment Accounting Agreement (Pimco Funds Multi Manager Series)

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Deposit Accounts. State Street will open and maintain one or more special purpose deposit accounts for each Portfolio in the name of State Street in such banks or trust companies (including, without limitation, affiliates of State Street) as may be designated by it or PIMCO Fund in writing ("Accounts"), subject only to draft or order by State Street upon receipt of Instructions. State Street will deposit all monies received by State Street from or for the account of a Portfolio in an Account maintained for such Portfolio. Subject to Section 5.K 5.J hereof, State Street agrees: 1. To make Fed Funds available to the applicable Portfolio at 9:00 a.m., Kansas City time, on the second business day after deposit of any check into an Account, in the amount of the check; 2. To make funds available immediately upon a deposit made by Federal Reserve wire; and 3. To make funds available on the next business day after deposit of ACH wires.

Appears in 1 contract

Samples: Custody Agreement (Fremont Mutual Funds Inc)

Deposit Accounts. State Street will open and maintain one or more ---------------- special purpose deposit accounts for each Portfolio in the name of State Street in such banks or trust companies (including, without limitation, affiliates of State Street) as may be designated by it or PIMCO Fund in writing ("Accounts"), subject only to draft or order by State Street upon receipt of Instructions. State Street will deposit all monies received by State Street from or for the account of a Portfolio in an Account maintained for such Portfolio. Subject to Section 5.K 5.L hereof, State Street agrees: 1. To make Fed Funds available to the applicable Portfolio at 9:00 a.m., Kansas City time, on the second business day after deposit of any check into an Account, in the amount of the check; 2. To make funds available immediately upon a deposit made by Federal Reserve wire; and 3. To make funds available on the next business day after deposit of ACH wires.

Appears in 1 contract

Samples: Custody Agreement (Lexington Natural Resources Trust)

Deposit Accounts. State Street will open and maintain one or more special purpose deposit accounts for each Portfolio in the name of State Street in such banks or trust companies (including, without limitation, affiliates of State Street) as may be designated by it or PIMCO Fund in writing ("Accounts"), subject only to draft or order by State Street upon receipt of Instructions. State Street will deposit all monies received by State Street from or for the account of a Portfolio in an Account maintained for such Portfolio. Subject to Section 5.K 5L. hereof, State Street agrees: 6 7 1. To make Fed Funds available to the applicable Portfolio at 9:00 a.m., Kansas City time, on the second business day after deposit of any check into an Account, in the amount of the check; 2. To make funds available immediately upon a deposit made by Federal Reserve wire; and 3. To make funds available on the next business day after deposit of ACH wires.

Appears in 1 contract

Samples: Custody Agreement (Ing Variable Insurance Trust)

Deposit Accounts. State Street will open and maintain one or more special purpose deposit accounts for each Portfolio in the name of State Street in such banks or trust companies (including, without limitation, affiliates of State Street) as may be designated by it or PIMCO the Fund in writing ("Accounts"), subject only to draft or order by State Street upon receipt of Instructions. State Street will deposit all monies received by State Street from or for the account of a Portfolio in an Account maintained for such Portfolio. Subject to Section 5.K 5.L hereof, State Street agrees: 1. To make Fed the Funds available to the applicable Portfolio at 9:00 a.m., Kansas City time, on the second business day after deposit of any check into an Account, in the amount of the check; 2. To make funds the Funds available immediately upon a deposit made by Federal Reserve wire; and 3. To make funds the Funds available on the next business day after deposit of ACH wires.

Appears in 1 contract

Samples: Custody Agreement (Ing Funds Trust)

Deposit Accounts. State Street will open and maintain one or more special purpose deposit accounts for each Portfolio in the name of State Street in such banks or trust companies (including, without limitation, affiliates of State Street) as may be designated by it or PIMCO Fund in writing ("Accounts"), subject only to draft or order by State Street upon receipt of Instructions. State Street will deposit all monies received by State Street from or for the account of a Portfolio in an Account maintained for such Portfolio. Subject to Section 5.K 5 hereof, State Street agrees: 1. To make Fed Funds available to the applicable Portfolio at 9:00 a.m.am., Kansas City time, on the second business day after deposit of any check into an Account, in the amount of the check; 2. To make funds available immediately upon a deposit made by Federal Reserve wire; and 3. To make funds available on the next business day after deposit of ACH wires.

Appears in 1 contract

Samples: Custody, Investment Accounting and Data Access Agreement (Homestead Funds Inc)

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