Common use of DEPOSIT OF FUND ASSETS Clause in Contracts

DEPOSIT OF FUND ASSETS. WITH THE UNDERLYING TRANSFER AGENT. Underlying Shares beneficially owned by the Fund shall be deposited and/or maintained in an account or accounts maintained with an Underlying Transfer Agent and the Custodian’s only responsibilities with respect thereto shall be limited to the following: 1) Upon receipt of a confirmation or statement from an Underlying Transfer Agent that such Underlying Transfer Agent is holding or maintaining Underlying Shares in the name of the Custodian (or a nominee of the Custodian) for the benefit of the Fund, the Custodian shall identify by book-entry that such Underlying Shares are being held by it as custodian for the benefit of the Fund. 2) In respect of the purchase of Underlying Shares for the account of the Fund, upon receipt of Proper Instructions, the Custodian shall pay out monies of the Fund as so directed, and record such payment from the account of the Fund on the Custodian’s books and records. 3) In respect of the sale or redemption of Underlying Shares for the account of the Fund, upon receipt of Proper Instructions, the Custodian shall transfer such Underlying Shares as so directed, record such transfer from the account of the Fund on the Custodian’s books and records and, upon the Custodian’s receipt of the proceeds therefor, record such payment for the account of the Fund on the Custodian’s books and records. The Custodian shall not be liable to the Fund for any loss or damage to the Fund resulting from the maintenance of Underlying Shares with an Underlying Transfer Agent except for losses resulting directly from the fraud, negligence or willful misconduct of the Custodian or any of its agents or of any of its or their employees.

DEPOSIT OF FUND ASSETS. WITH THE UNDERLYING TRANSFER AGENT. Underlying Shares beneficially owned by the Fund shall be deposited and/or maintained in an account or accounts maintained with an the Underlying Transfer Agent. The Underlying Transfer Agent and the Custodian’s only responsibilities with respect thereto shall be limited deemed to be acting as if it is a “securities depository” for purposes of Rule 17f-4 under the 1940 Act. Each Fund hereby directs the Custodian to deposit and/or maintain such securities with the Underlying Transfer Agent, subject to the followingfollowing provisions: 1) Upon receipt of The Custodian shall keep Underlying Shares owned by a confirmation or statement from an Portfolio with the Underlying Transfer Agent provided that such securities are maintained in an account or accounts on the books and records of the Underlying Transfer Agent is holding or maintaining Underlying Shares in the name of the Custodian (or a nominee as custodian for the Portfolio. 2) The records of the Custodian) for Custodian with respect to Underlying Shares which are maintained with the benefit of the Fund, the Custodian Underlying Transfer Agent shall identify by book-entry those Underlying Shares belonging to each Portfolio; 3) The Custodian shall pay for Underlying Shares purchased for the account of a Portfolio upon (a) receipt of advice from the Portfolio’s investment adviser that such Underlying Shares are being held by it as custodian have been purchased and will be transferred to the account of the Custodian, on behalf of the Portfolio, on the books and records of the Underlying Transfer Agent and (b) the making of an entry on the records of the Custodian to reflect such payment and transfer for the benefit account of the Fund. 2) In respect Portfolio. The Custodian shall receive confirmation from the Underlying Transfer Agent of the purchase of such securities and the transfer of such securities to the Custodian’s account with the Underlying Transfer Agent only after such payment is made. The Custodian shall transfer Underlying Shares redeemed for the account of a Portfolio (i) upon receipt of an advice from the Portfolio’s investment adviser that such securities have been redeemed and that payment for such securities will be transferred to the Custodian and (ii) the making of an entry on the records of the Custodian to reflect such transfer and payment for the account of the Portfolio. The Custodian will receive confirmation from the Underlying Transfer Agent of the redemption of such securities and payment therefor only after such securities are redeemed. Copies of all advices from the Portfolio’s investment adviser of purchases and sales of Underlying Shares for the account of the FundPortfolio shall identify the Portfolio, upon receipt of Proper Instructions, be maintained for the Custodian shall pay out monies of Portfolio by the Fund as so directedCustodian, and record such payment from be provided to the account of the Fund on the CustodianPortfolio’s books and records.investment adviser at its request; and 34) In respect of the sale or redemption of Underlying Shares for the account of the Fund, upon receipt of Proper Instructions, the Custodian shall transfer such Underlying Shares as so directed, record such transfer from the account of the Fund on the Custodian’s books and records and, upon the Custodian’s receipt of the proceeds therefor, record such payment for the account of the Fund on the Custodian’s books and records. The Custodian shall be not be liable to the any Fund or any Portfolio for any loss or damage to the Fund or any Portfolio resulting from the maintenance of Underlying Shares with an Underlying Transfer Agent except for losses resulting directly from the fraudnegligence, negligence misfeasance or willful misconduct of the Custodian or any of its agents or of any of its or their employees.

DEPOSIT OF FUND ASSETS. WITH THE UNDERLYING TRANSFER AGENT. Underlying Shares beneficially owned by the Fund Fund, on behalf of a Portfolio, shall be deposited and/or maintained in an account or accounts maintained with an Underlying Transfer Agent and the Custodian’s only responsibilities with respect thereto shall be limited to the following: 1) Upon receipt of a confirmation or statement from an Underlying Transfer Agent that such Underlying Transfer Agent is holding or maintaining Underlying Shares in the name of the Custodian (or a nominee of the Custodian) for the benefit of the Funda Portfolio, the Custodian shall identify by book-entry that such Underlying Shares are being held by it as custodian for the benefit of the Fundsuch Portfolio. 2) In respect of the purchase of Underlying Shares for the account of the Funda Portfolio, upon receipt of Proper Instructions, the Custodian shall pay out monies of the Fund such Portfolio as so directed, and record such payment from the account of the Fund such Portfolio on the Custodian’s books and records. 3) In respect of the sale or redemption of Underlying Shares for the account of the Funda Portfolio, upon receipt of Proper Instructions, the Custodian shall transfer such Underlying Shares as so directed, record such transfer from the account of the Fund such Portfolio on the Custodian’s books and records and, upon the Custodian’s receipt of the proceeds therefor, record such payment for the account of the Fund such Portfolio on the Custodian’s books and records. The Custodian shall not be liable to the Fund for any loss or damage to the Fund or any Portfolio resulting from the maintenance of Underlying Shares with an Underlying Transfer Agent except for losses resulting directly from the fraud, negligence or willful misconduct of the Custodian or any of its agents or of any of its or their employees.

DEPOSIT OF FUND ASSETS. WITH THE UNDERLYING TRANSFER AGENT. Underlying Shares beneficially owned by the Fund shall be deposited and/or maintained in an account or accounts maintained with an the Underlying Transfer Agent. The Underlying Transfer Agent and the Custodian’s only responsibilities with respect thereto shall be limited deemed to be acting as if it is a “securities depository” for purposes of Rule 17f-4 under the 1940 Act. The Fund hereby directs State Street to deposit and/or maintain such securities with the Underlying Transfer Agent, subject to the followingfollowing provisions: 10) Upon receipt of a confirmation or statement from an Xxxxx Xxxxxx shall keep Underlying Shares owned by the Fund with the Underlying Transfer Agent provided that such securities are maintained in an account or accounts on the books and records of the Underlying Transfer Agent is holding or maintaining Underlying Shares in the name of the Custodian (or a nominee of the Custodian) State Street as custodian for the benefit Fund. 2) The records of State Street with respect to Underlying Shares which are maintained with the Fund, the Custodian Underlying Transfer Agent shall identify by book-entry those Underlying Shares belonging to the Fund; 0) Xxxxx Xxxxxx shall pay for Underlying Shares purchased for the account of the Fund upon (a) receipt of advice from the Fund’s investment adviser that such Underlying Shares are being held by it as custodian for have been purchased and will be transferred to the benefit account of State Street, on behalf of the Fund. 2, on the books and records of the Underlying Transfer Agent and (b) In respect the making of an entry on the records of State Street to reflect such payment and transfer for the account of the Fund. State Street shall receive confirmation from the Underlying Transfer Agent of the purchase of such securities and the transfer of such securities to State Street’s account with the Underlying Transfer Agent only after such payment is made. State Street shall transfer Underlying Shares redeemed for the account of the Fund (i) upon receipt of an advice from the Fund’s investment adviser that such securities have been redeemed and that payment for such securities will be transferred to State Street and (ii) the making of an entry on the records of State Street to reflect such transfer and payment for the account of the Fund. State Street will receive confirmation from the Underlying Transfer Agent of the redemption of such securities and payment therefor only after such securities are redeemed. Copies of all advices from the Fund’s investment adviser of purchases and sales of Underlying Shares for the account of the Fund, upon receipt of Proper Instructions, the Custodian Fund shall pay out monies of the Fund as so directed, and record such payment from the account of the Fund on the Custodian’s books and records. 3) In respect of the sale or redemption of Underlying Shares for the account of identify the Fund, upon receipt of Proper Instructions, the Custodian shall transfer such Underlying Shares as so directed, record such transfer from the account of be maintained for the Fund on by State Street, and be provided to the CustodianFund’s books and records investment adviser at its request; and, upon the Custodian’s receipt of the proceeds therefor, record such payment for the account of the Fund on the Custodian’s books and records. The Custodian 0) Xxxxx Xxxxxx shall be not be liable to the Fund for any loss or damage to the Fund resulting from the maintenance of Underlying Shares with an Underlying Transfer Agent except for losses resulting directly from the fraudnegligence, negligence misfeasance or willful misconduct of the Custodian State Street or any of its agents or of any of its or their employees.

DEPOSIT OF FUND ASSETS. WITH THE UNDERLYING TRANSFER AGENTWith The Underlying Transfer Agent. Underlying Shares beneficially owned by the Fund shall be deposited and/or maintained in an account or accounts maintained with an the Underlying Transfer Agent. The Underlying Transfer Agent and the Custodian’s only responsibilities with respect thereto shall be limited deemed to be acting as if it is a "securities depository" for purposes of Rule 17f -4 under the 1940 Act. The Fund hereby directs the Custodian to deposit and/or maintain such securities with the Underlying Transfer Agent, subject to the followingfollowing provisions: 1) Upon receipt of The Custodian shall keep Underlying Shares owned by a confirmation or statement from an Portfolio with the Underlying Transfer Agent provided that such securities are maintained in an account or accounts on the books and records of the Underlying Transfer Agent is holding or maintaining Underlying Shares in the name of the Custodian (or a nominee as custodian for the Portfolio. 2) The records of the Custodian) for Custodian with respect to Underlying Shares which are maintained with the benefit of the Fund, the Custodian Underlying Transfer Agent shall identify by book-entry those Underlying Shares belonging to each Portfolio; 3) The Custodian shall pay for Underlying Shares purchased for the account of a Portfolio upon (a) receipt of advice from the Portfolio's investment adviser that such Underlying Shares are being held by it as custodian have been purchased and will be transferred to the account of the Custodian, on behalf of the Portfolio, on the books and records of the Underlying Transfer Agent and (b) the making of an entry on the records of the Custodian to reflect such payment and transfer for the benefit account of the Fund. 2) In respect Portfolio. The Custodian shall receive confirmation from the Underlying Transfer Agent of the purchase of such securities and the transfer of such securities to the Custodian's account with the Underlying Transfer Agent only after such payment is made. The Custodian shall transfer Underlying Shares redeemed for the account of a Portfolio (i) upon receipt of an advice from the Portfolio's investment adviser that such securities have been redeemed and that payment for such securities will be transferred to the Custodian and (ii) the making of an entry on the records of the Custodian to reflect such transfer and payment for the account of the Portfolio. The Custodian will receive confirmation from the Underlying Transfer Agent of the redemption of such securities and payment therefor only after such securities are redeemed. Copies of all advices from the Portfolio's investment adviser of purchases and sales of Underlying Shares for the account of the FundPortfolio shall identify the Portfolio, upon receipt of Proper Instructions, be maintained for the Custodian shall pay out monies of Portfolio by the Fund as so directedCustodian, and record such payment from be provided to the account of the Fund on the Custodian’s books and records.Portfolio's investment adviser at its request; and 34) In respect of the sale or redemption of Underlying Shares for the account of the Fund, upon receipt of Proper Instructions, the Custodian shall transfer such Underlying Shares as so directed, record such transfer from the account of the Fund on the Custodian’s books and records and, upon the Custodian’s receipt of the proceeds therefor, record such payment for the account of the Fund on the Custodian’s books and records. The Custodian shall be not be liable to the Fund or any Portfolio for any loss or damage to the Fund or any Portfolio resulting from the maintenance of Underlying Shares with an Underlying Transfer Agent except for losses resulting directly from the fraudnegligence, negligence misfeasance or willful misconduct of the Custodian or any of its agents or of any of its or their employees.