Common use of DISBURSEMENTS OF CASH Clause in Contracts

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund from time to time as follows: (a) For the purchase of Securities by the Fund, upon receipt by the Custodian of (i) Written or Oral Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian as provided in subsection (a) above, upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the Fund. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (e) For repaying, in whole or in part, any loan of a Fund, or returning cash collateral for Securities loaned by a Fund, upon receipt of Written or Oral Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust deems appropriate to include in dividends or distributions declared on the Shares of a Fund. (g) For paying or reimbursing a Fund for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (h) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (i) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items. (j) To pay proper compensation and expenses of the Custodian. (k) To pay, or provide a Fund with money to pay, taxes, upon receipt of appropriate Written or Oral Instructions. (l) To transfer funds to a separate checking account maintained by the Trust on behalf of a Fund. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be made only upon receipt of Written or Oral Instructions stating that such disbursement was authorized by resolution of the Board.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund the Trust from time to time as follows: (a) For the purchase of Securities by the FundTrust, upon receipt by the Custodian of (i) Written or Oral Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian as provided in subsection (a) above, upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the FundTrust. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (e) For repaying, in whole or in part, any loan of a Fundthe Trust, or returning cash collateral for Securities loaned by a Fundthe Trust, upon receipt of Written or Oral Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly duly-designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust deems appropriate to include in dividends or distributions declared on the Shares of a FundShares. (g) For paying or reimbursing a Fund the Trust for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (h) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (i) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items. (j) To pay proper compensation and expenses of the Custodian. (k) To pay, or provide a Fund the Trust with money to pay, taxes, upon receipt of appropriate Written or Oral Instructions. (l) To transfer funds to a separate checking account maintained by the Trust on behalf of a FundTrust. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be maybe made only upon receipt of Written or Oral Instructions stating that such disbursement was authorized by resolution of the Board.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund from time to time as follows: (a) For the purchase of Securities by the Fund, upon receipt by the Custodian of (i) Written or Oral Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian as provided in subsection (a) above, upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the Fund. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (e) For repaying, in whole or in part, any loan of a Fund, or returning cash collateral for Securities loaned by a Fund, upon receipt of Written or Oral Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly duly-designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust Fund deems appropriate to include in dividends or distributions declared on the Shares of a FundShares. (g) For paying or reimbursing a the Fund for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (h) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (i) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items. (j) To pay proper compensation and expenses of the Custodian. (k) To pay, or provide a the Fund with money to pay, taxes, upon receipt of appropriate Written or Oral Instructions. (l) To transfer funds to a separate checking account maintained by the Trust on behalf of a Fund. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be maybe made only upon receipt of Written or Oral Instructions stating that such disbursement was authorized by resolution of the Board.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund from time to time as follows: (a) For the purchase of Securities by the Fund, upon receipt by the Custodian of (i) Written or Oral Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian as provided in subsection (a) above, upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the Fund. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (e) For repaying, in whole or in part, any loan of a Fund, or returning cash collateral for Securities loaned by a Fund, upon receipt of Written or Oral Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust Fund deems appropriate to include in dividends or distributions declared on the Shares of a Fund. (g) For paying or reimbursing a Fund for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (h) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (i) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items. (j) To pay proper compensation and expenses of the Custodian. (k) To pay, or provide a Fund with money to pay, taxes, upon receipt of appropriate Written or Oral Instructions. (l) To transfer funds to a separate checking account maintained by the Trust Fund on behalf of a Fund. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be made only upon receipt of Written or Oral Instructions stating that such disbursement was authorized by resolution of the Board.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund from time to time as follows: (a) For the purchase of Securities by the Fund, upon receipt by the Custodian of (i) Written or Oral Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian as provided in subsection (a) above, upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the Fund. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (e) For repaying, in whole or in part, any loan of a Fund, or returning cash collateral for Securities loaned by a Fund, upon receipt of Written or Oral Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly duly-designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust Fund deems appropriate to include in dividends or distributions declared on the Shares of a FundShares. (g) For paying or reimbursing a the Fund for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (h) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (i) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items. (j) To pay proper compensation and expenses of the Custodian. (k) To pay, or provide a the Fund with money to pay, taxes, upon receipt of appropriate Written or Oral Instructions. (l) To transfer funds to a separate checking account maintained by the Trust Company on behalf of a Fund. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be made only upon receipt of Written or Oral Instructions stating that such disbursement was authorized by resolution of the Board.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund from time to time as follows: (a) For the purchase of Securities by the Fund, upon receipt by the Custodian of (i) Written or Oral Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's ’s account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian as provided in subsection (a) above, upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the Fund. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (e) For repaying, in whole or in part, any loan of a Fund, or returning cash collateral for Securities loaned by a Fund, upon receipt of Written or Oral Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly duly-designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust Fund deems appropriate to include in dividends or distributions declared on the Shares of a FundShares. (g) For paying or reimbursing a the Fund for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (h) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (i) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items. (j) To pay proper compensation and expenses of the Custodian. (k) To pay, or provide a the Fund with money to pay, taxes, upon receipt of appropriate Written or Oral Instructions. (l) To transfer funds to a separate checking account maintained by the Trust on behalf of a Fund. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be maybe made only upon receipt of Written or Oral Instructions stating that such disbursement was authorized by resolution of the Board.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund from time to time as follows: (a) For the purchase of Securities by the Fund, upon receipt by the Custodian of (i) Written or Oral Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's ’s account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian as provided in subsection (a) above, upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the Fund. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (e) For repaying, in whole or in part, any loan of a Fund, or returning cash collateral for Securities loaned by a Fund, upon receipt of Written or Oral Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust Company deems appropriate to include in dividends or distributions declared on the Shares of a Fund. (g) For paying or reimbursing a Fund for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (h) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (i) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items. (j) To pay proper compensation and expenses of the Custodian. (k) To pay, or provide a Fund with money to pay, taxes, upon receipt of appropriate Written or Oral Instructions. (l) To transfer funds to a separate checking account maintained by the Trust Company on behalf of a Fund. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions (unless otherwise specified above) requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be made only upon receipt of Written or Oral Instructions stating that such disbursement was authorized by resolution of the Board.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund from time to time as follows: (a) For the purchase of Securities by the Fund, upon receipt by the Custodian of (i) Written or Oral Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxxmark-to-the-market payments, in connection cxxxxction with a repurchase agreement covering Securities that have been received by the Custodian as provided in subsection (a) above, upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the Fund. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (e) For repaying, in whole or in part, any loan of a Fund, or returning cash collateral for Securities loaned by a Fund, upon receipt of Written or Oral Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly duly-designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust Fund deems appropriate to include in dividends or distributions declared on the Shares of a FundShares. (g) For paying or reimbursing a the Fund for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (h) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (i) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items. (j) To pay proper compensation and expenses of the Custodian. (k) To pay, or provide a the Fund with money to pay, taxes, upon receipt of appropriate Written or Oral Instructions. (l) To transfer funds to a separate checking account maintained by the Trust Company on behalf of a Fund. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be made only upon receipt of Written or Oral Instructions stating that such disbursement was authorized by resolution of the Board.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund from time to time as follows: (a) For the purchase of Securities by the Fund, upon receipt by the Custodian of (i) Written or Oral Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxxmark-to-the-market payments, in connection with a repurchase agreement agrexxxxt covering Securities that have been received by the Custodian as provided in subsection (a) above, upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the Fund. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (e) For repaying, in whole or in part, any loan of a Fund, or returning cash collateral for Securities loaned by a Fund, upon receipt of Written or Oral Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust deems appropriate to include in dividends or distributions declared on the Shares of a Fund. (g) For paying or reimbursing a Fund for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (h) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (i) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items. (j) To pay proper compensation and expenses of the Custodian. (k) To pay, or provide a Fund with money to pay, taxes, upon receipt of appropriate Written or Oral Instructions. (l) To transfer funds to a separate checking account maintained by the Trust on behalf of a Fund. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be made only upon receipt of Written or Oral Instructions stating that such disbursement was authorized by resolution of the Board.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund the Trust from time to time as follows: (a) For the purchase of Securities by the FundTrust, upon receipt by the Custodian of (i) Written or Oral Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian as provided in subsection (a) above, upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the FundTrust. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase SharesInterests, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (e) For repaying, in whole or in part, any loan of a Fundthe Trust, or returning cash collateral for Securities loaned by a Fundthe Trust, upon receipt of Written or Oral Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly duly-designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust deems appropriate to include in dividends or distributions declared on the Shares of a FundInterests. (g) For paying or reimbursing a Fund the Trust for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (h) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (i) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items. (j) To pay proper compensation and expenses of the Custodian. (k) To pay, or provide a Fund the Trust with money to pay, taxes, upon receipt of appropriate Written or Oral Instructions. (l) To transfer funds to a separate checking account maintained by the Trust on behalf of a FundTrust. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be maybe made only upon receipt of Written or Oral Instructions stating that such disbursement was authorized by resolution of the Board.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund Company from time to time only as follows: (a) For the purchase of Assets constituting Securities by the Fundany Company, upon receipt by the Custodian of (i) Written or Oral Appropriate Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid paid, such Appropriate Instructions to be received by the Custodian in accordance with the parties’ mutually agreed upon instruction deadline schedule, and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's ’s account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxxmxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian are to be delivered to a third party custodian as provided in subsection Section 6 (a) above), upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the FundAppropriate Instructions. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Appropriate Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (ed) For repaying, in whole or in part, any loan of a Fundany applicable Company, or returning cash collateral for Securities loaned by a Fundany applicable Company, upon receipt of Written or Oral Appropriate Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust deems appropriate to include in dividends or distributions declared on the Shares of a Fund. (g) For paying or reimbursing a Fund for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (he) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (if) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items, upon receipt of Appropriate Instructions. (jg) To pay proper compensation and expenses of the Custodian, except as set forth herein, upon receipt of Appropriate Instructions. (kh) To pay, or provide a Fund the Companies with money to pay, taxes, upon receipt of appropriate Written or Oral Appropriate Instructions. (li) To transfer funds to a separate checking account or demand deposit accounts maintained by the Trust on behalf any applicable Company upon receipt of a FundAppropriate Instructions. (mj) To pay interestFor any other purpose directed by the applicable Company, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be made only upon receipt of Written or Oral Appropriate Instructions stating that such disbursement was authorized by resolution specifying the amount of the Boardpayment, and naming the person or persons to whom such payment is to be made.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund the Company from time to time as follows: (a) For the purchase of Securities by the FundCompany, upon receipt by the Custodian of (i) Written or Oral Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian as provided in subsection (a) above, upon receipt by the Custodian of (i) Written or Oral Instruction Instructions specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the FundCompany. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (e) For repaying, in whole or in part, any loan of a Fundthe Company, or returning cash collateral for Securities loaned by a Fundthe Company, upon receipt of Written or Oral Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly duly-designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust Company deems appropriate to include in dividends or distributions declared on the Shares of a FundShares. (g) For paying or reimbursing a Fund the Company for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (h) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (i) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items. (j) To pay proper compensation and expenses of the Custodian. (k) To pay, or provide a Fund the Company with money to pay, taxes, upon receipt of appropriate Written or Oral Instructions. (l) To transfer funds to a separate checking account maintained by the Trust on behalf of a FundCompany. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or of the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be made only upon receipt of Written or Oral Instructions stating that such disbursement was authorized by resolution of the Board.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund the Trust from time to time as follows: (a) For the purchase of Securities by the FundTrust, upon receipt by the Custodian of (i) Written or Oral Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's Custodian"s account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian as provided in subsection (a) above, upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the FundTrust. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (e) For repaying, in whole or in part, any loan of a Fundthe Trust, or returning cash collateral for Securities loaned by a Fundthe Trust, upon receipt of Written or Oral Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly duly-designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust deems appropriate to include in dividends or distributions declared on the Shares of a FundShares. (g) For paying or reimbursing a Fund the Trust for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (h) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (i) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items. (j) To pay proper compensation and expenses of the Custodian. (k) To pay, or provide a Fund the Trust with money to pay, taxes, upon receipt of appropriate Written or Oral Instructions. (l) To transfer funds to a separate checking account maintained by the Trust on behalf of a FundTrust. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be maybe made only upon receipt of Written or Oral Instructions stating that such disbursement was authorized by resolution of the Board.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund from time to time as follows: (a) For the purchase of Securities by the Fund, upon receipt by the Custodian of (i) Written or Oral Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian as provided in subsection (a) above, upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the Fund. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (e) For repaying, in whole or in part, any loan of a Fund, or returning cash collateral for Securities loaned by a Fund, upon receipt of Written or Oral Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly duly-designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions Instructions, as the Trust Fund deems appropriate to include in dividends or distributions declared on the Shares of a FundShares. (g) For paying or reimbursing a the Fund for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (h) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (i) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items. (j) To pay proper compensation and expenses of the Custodian, upon Written Instructions. (k) To pay, or provide a the Fund with money to pay, taxes, upon receipt of appropriate Written or Oral Instructions. (l) To transfer funds to a separate checking account maintained by the Trust RIC on behalf of a Fund. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be maybe made only upon receipt of Written or Oral Instructions stating that such disbursement was authorized by resolution of the Board.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund Company from time to time only as follows: (a) For the purchase of Assets constituting Securities by the Fundany Company, upon receipt by the Custodian of (i) Written or Oral Appropriate Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid paid, such Appropriate Instructions to be received by the Custodian in accordance with the parties’ mutually agreed upon instruction deadline schedule, and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's ’s account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian are to be delivered to a third party custodian as provided in subsection Section 6 (a) above), upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the FundAppropriate Instructions. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Appropriate Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (ed) For repaying, in whole or in part, any loan of a Fundany applicable Company, or returning cash collateral for Securities loaned by a Fundany applicable Company, upon receipt of Written or Oral Appropriate Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust deems appropriate to include in dividends or distributions declared on the Shares of a Fund. (g) For paying or reimbursing a Fund for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (he) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (if) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items, upon receipt of Appropriate Instructions. (jg) To pay proper compensation and expenses of the Custodian, except as set forth herein, upon receipt of Appropriate Instructions. (kh) To pay, or provide a Fund the Companies with money to pay, taxes, upon receipt of appropriate Written or Oral Appropriate Instructions. (li) To transfer funds to a separate checking account or demand deposit accounts maintained by the Trust on behalf any applicable Company upon receipt of a FundAppropriate Instructions. (mj) To pay interestFor any other purpose directed by the applicable Company, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated above. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be made only upon receipt of Written or Oral Appropriate Instructions stating that such disbursement was authorized by resolution specifying the amount of the Boardpayment, and naming the person or persons to whom such payment is to be made.

DISBURSEMENTS OF CASH. The Custodian is hereby authorized and directed to disburse cash to or from a Fund from time to time only as follows: (a) For the purchase of Securities by the Fund, upon receipt by the Custodian of (i) Written or Oral Appropriate Instructions specifying the Securities and stating the purchase price and the name of the broker, investment banker or other party to or upon whose order the purchase price is to be paid paid, such Appropriate Instructions to be received by the Custodian in accordance with the parties’ mutually agreed upon instruction deadline schedule (such schedule, as may be amended in writing from time to time by the parties hereto, is referred to herein as the “Schedule of Deadlines”, and is attached hereto as Appendix “B”), and (ii) either the Securities so purchased, in due form for transfer or already registered as provided in Section 7, or notification by a Securities Depository or a Federal Reserve Bank that the Securities have been credited to the Custodian's account with the Securities Depository or Federal Reserve Bank. (b) For transferring funds, including xxxxmxxx-to-the-market payments, in connection with a repurchase agreement covering Securities that have been received by the Custodian are to be delivered to a third party custodian as provided in subsection Section 6 (a) above), upon receipt by the Custodian of (i) Written or Oral Instruction specifying the Securities, the purchase price and the party to whom the purchase price is to be paid and (ii) a copy of the written agreement to repurchase the Securities from the FundAppropriate Instructions. (c) For transferring funds to a duly-designated redemption paying agent to redeem or repurchase Shares, upon receipt of (i) either Share Certificates in due form for transfer, or proper processing of Shares for which no Share Certificates are outstanding and (ii) Written or Oral Instructions stating the applicable redemption price. (d) For exercising warrants and rights received upon the Securities, upon timely receipt of Written or Oral Appropriate Instructions authorizing the exercise of such warrants and rights and stating the consideration to be paid. (ed) For repaying, in whole or in part, any loan of a Fund, or returning cash collateral for Securities loaned by a Fund, upon receipt of Written or Oral Appropriate Instructions directing payment and stating the Securities, if any, to be received against payment. (f) For paying over to a duly designated dividend disbursing agent such amounts as may be stated in Written or Oral Instructions as the Trust deems appropriate to include in dividends or distributions declared on the Shares of a Fund. (g) For paying or reimbursing a Fund for other corporate expenditures, upon receipt of Written or Oral Instructions stating that such expenditures are or were authorized by resolution of the Board and specifying the amount of payment, the purposes for which such payment is to be made, and the person or persons to whom payment is to be made. (he) For transferring funds to any Sub-Custodian, upon receipt of Written or Oral Instructions and upon agreement by the Custodian. (if) To advance or pay out accrued interest on bonds purchased, dividends on stocks sold and similar items, upon receipt of Appropriate Instructions. (jg) To pay proper compensation and expenses of the Custodian, upon receipt of Appropriate Instructions. (kh) To pay, or provide a Fund with money to pay, taxes, upon receipt of appropriate Written or Oral Appropriate Instructions. (li) To transfer funds to a separate checking account or demand deposit accounts, including those maintained by the Cash Management Agreement Bank, maintained by the Trust on behalf of a Fund. (m) To pay interest, management or supervisory fees, administration, dividend and transfer agency fees and costs, compensation upon receipt of personnel and operating expenses, including but not limited to fees for legal, accounting and auditing services. Before making any payments or disbursements, however, the Custodian shall receive, and may conclusively rely upon, Written or Oral Instructions requesting such payment or disbursement and stating that it is for one or more or the purposes enumerated aboveAppropriate Instructions. Notwithstanding the foregoing, the Custodian may disburse cash for other corporate purposes; provided, however, that such disbursement may be made only upon receipt of Written or Oral Appropriate Instructions stating that such disbursement was authorized by resolution of the Board.