Common use of Duties of Custodian Clause in Contracts

Duties of Custodian. WITH RESPECT TO THE BOOKS OF ACCOUNT AND CALCULATION OF NET ASSET VALUE AND NET INCOME The Custodian shall cooperate with and supply necessary information to the entity or entities appointed by the Board to keep the books of account of each Portfolio and/or compute the net asset value per Share of the outstanding Shares or, if directed in writing to do so by the Fund on behalf of the Portfolio, shall itself keep such books of account and/or compute such net asset value per Share. If so directed, the Custodian shall also calculate daily the net income of the Portfolio as described in the Prospectus and shall advise the Fund and the Transfer Agent daily of the total amounts of such net income and, if instructed in writing by an officer of the Fund to do so, shall advise the Transfer Agent periodically of the division of such net income among its various components. The calculations of the net asset value per Share and the daily income of each Portfolio shall be made at the time or times described from time to time in the Prospectus. The Custodian shall, upon receipt of Proper Instructions from the Fund on behalf of the applicable Portfolio, prepare and furnish to such Fund total return performance information, including such information on an after-tax basis, calculated in accordance with applicable U.S. securities laws and regulations.

Duties of Custodian. WITH RESPECT TO THE BOOKS OF ACCOUNT AND CALCULATION OF NET ASSET VALUE AND NET INCOME The Custodian shall cooperate with and supply necessary information to the entity or entities appointed by the Board to keep the books of account of each Portfolio and/or compute the net asset value per Share of the outstanding Shares or, if directed in writing to do so by the Fund on behalf of the Portfolio, shall itself keep such books of account and/or compute such net asset value per Share. If so directed, the Custodian shall also calculate daily the net income of the Portfolio as described in the Prospectus and shall advise the Fund and the Transfer Agent daily of the total amounts of such net income and, if instructed in writing by an officer of the Fund to do so, shall advise the Transfer Agent periodically of the division of such net income among its various components. The calculations of the net asset value per Share and the daily income of each Portfolio shall be made at the time or times described from time to time in the Prospectus. The Custodian shallFund acknowledges that, upon receipt in keeping the books of Proper Instructions from the Fund on behalf account of the applicable PortfolioPortfolio and/or making the calculations described herein with respect to Portfolio property released, prepare delivered or purchased pursuant to Sections 2.2(15) and furnish 2.6(7) hereof, the Custodian is authorized and instructed to such Fund total return performance informationrely upon information provided to it by the Fund, including such information on an after-tax basisthe Fund's counterparty(ies), calculated in accordance with applicable U.S. securities laws and regulationsor the agents of either of them.

Duties of Custodian. WITH RESPECT TO THE BOOKS OF ACCOUNT AND CALCULATION OF NET ASSET VALUE AND NET INCOME The Custodian shall cooperate with and supply necessary information to the entity or entities appointed by the Board to keep the books of account of each Portfolio and/or compute the net asset value per Share of the outstanding Shares or, if directed in writing to do so by the Fund on behalf of the Portfolio, shall itself keep such books of account and/or compute such net asset value per Share. If so directed, the Custodian shall also calculate daily the net income of the Portfolio as described in the Prospectus and shall advise the Fund and the Transfer Agent daily of the total amounts of such net income and, if instructed in writing by an officer of the Fund to do so, shall advise the Transfer Agent periodically of the division of such net income among its various components. The calculations of the net asset value per Share and the daily income of each Portfolio shall be made at the time or times described from time to time in the Prospectus. The Custodian shallFund acknowledges that, upon receipt in keeping the books of Proper Instructions from the Fund on behalf account of the applicable PortfolioPortfolio and/or making the calculations described herein with respect to Portfolio property released and delivered pursuant to Section 2.2(14), prepare or purchased pursuant to Section 2.6(7) hereof, the Custodian is authorized and furnish instructed to such Fund total return performance informationrely upon information provided to it by the Fund, including such information on an after-tax basisthe Fund's counterparty(ies), calculated in accordance with applicable U.S. securities laws and regulationsor the agents of either of them.