Common use of Deposits of Securities in Securities Depositories Clause in Contracts

Deposits of Securities in Securities Depositories. No provision of this Agreement shall be deemed to prevent the use by Custodian of a central securities clearing agency or securities depository, provided, however, that Custodian and the central securities clearing agency or securities depository comply with all applicable federal and state laws and regulations, and the Board of Trustees of the Trust approves by resolution the use of such central securities clearing agency or securities depository.

Appears in 1 contract

Samples: Custodian Agreement (Berkeley Capital Management Funds)

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Deposits of Securities in Securities Depositories. No provision of this Agreement shall be deemed to prevent the use by Custodian of a central securities clearing agency or securities depository, ; provided, however, that Custodian and the central securities clearing agency or securities depository comply with meet all applicable federal and state laws and regulations, regulations and the Board of Trustees Directors of the Trust corporation approves by resolution the use of such central securities clearing agency or securities depository.

Appears in 1 contract

Samples: Custodian Agreement (Fasciano Fund Inc)

Deposits of Securities in Securities Depositories. No provision of this Agreement shall be deemed to prevent the use by Custodian of a central securities clearing agency or securities depository, provided, however, that Custodian and the central securities clearing agency or securities depository comply with meet all applicable federal and state laws and regulations, including all applicable provisions of Rule 17f-4 under the 1940 Act, and the Board of Trustees Directors of the Trust Company approves by resolution the use of such central securities clearing agency or securities depository.

Appears in 1 contract

Samples: Custodian Servicing Agreement (Principal Preservation Portfolios Inc)

Deposits of Securities in Securities Depositories. No provision of this Agreement shall be deemed to prevent the use by Custodian of a central securities clearing agency or securities depository, provided, however, that Custodian and the central securities clearing agency or securities depository comply with meet all applicable federal and state laws and regulations, and the Board of Trustees Of Directors of the Trust Fund approves by resolution the use of such central securities clearing agency or securities depository.

Appears in 1 contract

Samples: Custodian Agreement (Internet Fund Inc)

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Deposits of Securities in Securities Depositories. No provision of this Agreement shall be deemed to prevent the use by Custodian of a central securities clearing agency or securities depository, provided, however, that Custodian and the central securities clearing agency or securities depository comply with meet all applicable federal and state laws and regulations, and the Board of Trustees of the Trust approves by resolution the use of such central securities clearing agency or securities depository.

Appears in 1 contract

Samples: Custodian Agreement (Hotchkis & Wiley Variable Trust)

Deposits of Securities in Securities Depositories. No provision of this Agreement shall be deemed to prevent the use by Custodian of a central securities clearing agency or securities depository, provided, however, that Custodian and the central securities clearing agency or securities depository comply with meet all applicable federal and state laws and regulations, and the Board of Trustees of the Trust approves Funds approve by resolution the use of such central securities clearing agency or securities depository.

Appears in 1 contract

Samples: Custodian Servicing Agreement (LKCM Fund)

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