Common use of Direction of Eligible Foreign Custodians Clause in Contracts

Direction of Eligible Foreign Custodians. The Fund may direct First Union to place and maintain Foreign Assets with a particular Eligible Foreign Custodian. In such event, First Union will have no duties under this Paragraph 8 with respect to such arrangement, except those included under Paragraph 8.g and those that it may undertake specifically in writing.

Appears in 2 contracts

Samples: Mutual Fund Custody Agreement (PBHG Funds Inc /), Mutual Fund Custody Agreement (PBHG Insurance Series Fund)

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Direction of Eligible Foreign Custodians. The Fund may direct First Union to place and maintain Foreign Assets with a particular Eligible Foreign Custodian. In such event, First Union will have no duties under this Paragraph 8 Section 18 with respect to such arrangement, except those included under Paragraph 8.g Section 18(c) (vi) and those that it may undertake specifically in writing.

Appears in 1 contract

Samples: Custodian Agreement (Advisors Inner Circle Fund)

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Direction of Eligible Foreign Custodians. The Fund may direct First Union to place and maintain Foreign Assets with a particular Eligible Foreign Custodian. In such event, First Union will have no duties under this Paragraph 8 Section 18 with respect to such arrangement, except those included under Paragraph 8.g Section 18.c (vi) and those that it may undertake specifically in writing.

Appears in 1 contract

Samples: Custodian Agreement (Advisors Inner Circle Fund)

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