Direction as to Eligible Foreign Custodian. Notwithstanding this Delegation Agreement, the Fund, acting through its Board, its Investment Adviser or its other authorized representative, may direct the Delegate to place and maintain the Fund's Assets with a particular Eligible Foreign Custodian. In such event, the Delegate shall be entitled to rely on any such instruction as a Proper Instruction under the terms of the Custodian Agreement and shall have no duties under this Delegation Agreement with respect to such arrangement save those that it may undertake specifically in writing with respect to each particular instance.
Appears in 4 contracts
Samples: Foreign Custody Manager Agreement (Comstock Partners Funds Inc), Custody Agreement (Forward Funds Inc), Foreign Custody Manager Delegation Agreement (Nicholas Applegate Investment Trust)
Direction as to Eligible Foreign Custodian. Notwithstanding this Delegation Agreement, the a Fund, acting through its Board, its Investment Adviser or its other authorized representative, may direct the Delegate to place and maintain the Fund's Assets with a particular Eligible Foreign CustodianCustodian not generally offered to Delegate's customers. In such event, the Delegate shall be entitled to rely on any such instruction as a Proper Instruction under the terms of the Custodian Subcustodian Agreement and shall have no duties under this Delegation Agreement with respect to such arrangement save those that it may undertake specifically in writing with respect to each particular instance.
Appears in 2 contracts
Samples: Foreign Custody Manager Delegation Agreement (Profunds), Foreign Custody Manager Delegation Agreement (Lend Lease Funds)
Direction as to Eligible Foreign Custodian. Notwithstanding this Delegation Agreement, the Fund, acting through its Board, its Investment Adviser or its other authorized representative, Fund may direct the Delegate to place and maintain the Fund's Assets with a particular Eligible Foreign Custodian. In such event, the Delegate shall be entitled to rely on any such instruction as a Proper Instruction under the terms of the Custodian Agreement and shall have no duties under this Delegation Agreement with respect to such arrangement save those that it may undertake specifically in writing with respect to each particular instance.
Appears in 1 contract
Direction as to Eligible Foreign Custodian. Notwithstanding this ------------------------------------------ Delegation Agreement, the Fund, acting through its Board, its Investment Adviser or its other authorized representative, may direct the Delegate to place and maintain the Fund's Assets with a particular Eligible Foreign Custodian. In such event, the Delegate shall be entitled to rely on any such instruction as a Proper Instruction under the terms of the Custodian Agreement and shall have no duties under this Delegation Agreement with respect to such arrangement save those that it may undertake specifically in writing with respect to each particular instance.
Appears in 1 contract
Samples: Foreign Custody Manager Delegation Agreement (Bear Stearns Funds)