Domestic Custody Sample Clauses

Domestic Custody. In addition to the transaction charges below, there will be a basis point charge per fund on the domestic assets as follows:
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Domestic Custody. The Custodian is authorized to hold theProperty in custody accounts which have been established by theCustodian with (i) one or more of the Custodian's U.S. branches oranother U.S. bank or trust company or branch thereof located in theU.S., provided that each such bank, branch bank, or trust company isitself qualified under the Investment Company Act of 1940, as amended("1940 Act"), to act as custodian (individually, a "U.S.Subcustodian") , or (ii) a U.S. securities depository or clearingagency or system in which the Custodian or a U.S. Subcustodianparticipates (individually, a "U.S. Securities System"). In each casein which a U.S. Subcustodian or U.S. Securities System is employed,each such U.S. Subcustodian or U.S. Securities System shall have beenapproved by Instructions.
Sample 1
Domestic Custody. Domestic Asset Based Fees Each Fund shall and hereby agrees, severally and not jointly, to pay to the Custodian its Pro Rata Share (as defined below) of the Aggregate Domestic Custody Fee. The Custodian shall xxxx the Aggregate Domestic Custody Fee at the end of each month. The Aggregate Domestic Custody Fee for each billing period shall be equal to the fees payable with respect to the average daily Aggregate Domestic Assets held for such billing period and shall be calculated based on the following fee schedule: Aggregate Domestic Assets Annualized Fee ------------------------- -------------- First $ 20 billion 0.95 basis points Next $ 20 billion 0.75 basis points Next $ 20 billion 0.67 basis points Next $ 20 billion 0.30 basis points Next $ 20 billion 0.20 basis points Next $ 40 billion 0.15 basis points Over $ 140 billion 0.10 basis points
Sample 1
Domestic Custody. Custody Basis Point Fee (per Fund/per year) Net Assets Per Fund Basis Points Foreign Custody See Appendix 2 Limited Access Column A Custody Agreement STATE STREET BANK AND TRUST COMPANY SUNAMERICA / VALIC FUNDS CONFIDENTIAL FEE SCHEDULE AS OF OCTOBER 1, 2013
Sample 1
Domestic Custody. The following fees will apply to all assets for which Investors Bank provides domestic custody and fund accounting.
Sample 1
Domestic Custody. The annual fee for each domestic fund will be charged either basis points or a minimum, whichever is higher. There will be no minimum fee charge for the first twelve months after the funds are launched. The following schedules are exclusive of transaction costs, global custody fees and out-of-pocket expenses: ANNUAL FEE ---------- TOTAL DOMESTIC NET ASSETS 1 BASIS POINT The monthly minimum for each fund will be $500 for months 13 to 18 and $1,000 for every month thereafter.
Sample 1
Domestic Custody. CUSTODY: Maintain custody of fund assets. Settle portfolio purchases and sales. Report buy and sell fails. Determine and collect portfolio income. Make cash disbursements and report cash transactions. Monitor corporate actions. Report portfolio positions. The fee shown below is an actual charge, billed and payable monthly, based on average monthly net assets. First $50 Million 4 Basis Points Next $50 Million 2 Basis Points Thereafter 1 Basis Point Minimum monthly fee $2,000 NEW FUND MONTHLY MINIMUM PHASE-IN First 3 Months 0 Next 3 Months $1,000.00 Thereafter $2,000.00
Sample 1
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Related to Domestic Custody

  • Foreign Sub-Custodians (a) Subject to the provisions of this Section 4, the Foreign Custody Manager may place and maintain the Foreign Assets in the care of a Foreign Sub-Custodian in each country listed on Schedule A, as amended from time to time. In performing its delegated responsibilities as Foreign Custody Manager to place or maintain Foreign Assets with a Foreign Sub-Custodian, the Foreign Custody Manager shall determine that the Foreign Assets will be subject to reasonable care, based on the standards applicable to custodians in the country in which the Foreign Assets will be held by that Foreign Sub-Custodian, after considering all factors relevant to the safekeeping of such assets, including, without limitation the factors specified in Rule 17f-5(c)(1) under the 0000 Xxx.

  • SPECIAL SUB-CUSTODIANS Upon receipt of Special Instructions (as such term is defined in Section 8 hereof), the Custodian shall, on behalf of one or more Portfolios, appoint one or more banks, trust companies or other entities designated in such Special Instructions to act as a sub-custodian for the purposes of effecting such transaction(s) as may be designated by a Fund in Special Instructions. Each such designated sub-custodian is referred to herein as a “

  • Non-Custody Assets As an accommodation to the Fund, the Custodian provides consolidated recordkeeping services pursuant to which the Custodian reflects on statements certain securities and other assets not held by, or under the control of, the Custodian. Non-Custody Assets shall be designated on Custodian’s books as “shares not held” or by other similar characterization. The Fund acknowledges and agrees that it shall have no security entitlement against the Custodian with respect to Non-Custody Assets, that the Custodian shall rely, without independent verification, on information provided by the Fund, its designee or the entity having custody regarding Non-Custody Assets (including but not limited to positions and market valuations), and that the Custodian shall have no responsibility whatsoever with respect to the existence of the Non-Custody Assets, provided however that the Custodian will record and report such Non-Custody Assets in accordance with its standard of care.

  • Domestic Subcustodians Except as provided in Section 7(d), the Custodian shall be liable for the acts or omissions of any Domestic Subcustodian to the same extent as if such actions or omissions were performed by the Custodian itself.

  • FOREIGN CUSTODY ARRANGEMENTS The Foreign Custody Manager shall be responsible for performing the delegated responsibilities only with respect to Covered Foreign Countries. The Foreign Custody Manager shall list on Schedule A for a Covered Foreign Country each Eligible Foreign Custodian selected by the Foreign Custody Manager to maintain the Foreign Assets of the Portfolios with respect to the Covered Foreign Country. The list of Eligible Foreign Custodians may be amended from time to time upon notice in the sole discretion of the Foreign Custody Manager. This Agreement constitutes a Proper Instruction by a Fund, on behalf of each applicable Portfolio, to open an account, and to place and maintain Foreign Assets, for the Portfolio in each applicable Covered Foreign Country. The Fund, on behalf of the Portfolios, shall satisfy the account opening requirements for the Covered Foreign Country, and the delegation with respect to the Portfolio for the Covered Foreign Country will not be considered to have been accepted by the Custodian until that satisfaction. If the Foreign Custody Manager receives from the Fund Proper Instructions directing the Foreign Custody Manager to close the account, the delegation shall be considered withdrawn, and the Custodian shall immediately cease to be the Foreign Custody Manager with respect to the Portfolio for the Covered Foreign Country.

  • Disbursement of Moneys from Fund Custody Account Upon receipt of Proper Instructions, the Custodian shall disburse moneys from the Fund Custody Account but only in the following cases:

  • Fund Custody Accounts As to each Fund, the Custodian shall open and maintain in its trust department a custody account in the name of the Trust coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Securities, cash and other assets of such Fund which are delivered to it.

  • Domestic Subcustodians and Foreign Subcustodians The Custodian shall be liable for the actions or omissions of any Domestic Subcustodian or any Foreign Subcustodian to the same extent as if such action or omission was performed by the Custodian itself. In the event of any loss, damage or expense suffered or incurred by a Fund caused by or resulting from the actions or omissions of any Domestic Subcustodian or Foreign Subcustodian for which the Custodian would otherwise be liable, the Custodian shall promptly reimburse such Fund in the amount of any such loss, damage or expense.

  • Foreign Custody Manager (a) Each Fund, by resolution adopted by its Board, hereby delegates to the Custodian, subject to Section (b) of Rule 17f-5 under the 1940 Act, the responsibilities set forth in Sections 4.1 through 4.4 with respect to Foreign Assets of the Portfolios held outside the United States, and the Custodian hereby accepts such delegation as Foreign Custody Manager with respect to the Portfolios.

  • Agent’s Own Account; Clients’ Account The Company consents to the Agent trading, in compliance with applicable law, in the Common Shares for the Agent’s own account and for the account of its clients at the same time as sales of the Shares occur pursuant to this Agreement.

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