EFFECTIVE DATE AND TERMINATION OF THE CUSTODIAN AS FOREIGN CUSTODY MANAGER. The Foreign Custody Manager represents to the Fund that it is a U.S. Bank as defined in section (a)(7) of Rule 17f-5. The Fund represents to the Custodian that the Board has determined that it is reasonable for the Board to rely on the Custodian to perform the responsibilities delegated pursuant to this Agreement to the Custodian as the Foreign Custody Manager of the Fund.
Appears in 4 contracts
Samples: Custodian Contract (Fpa Perennial Fund Inc), Custodian Contract (Fpa Paramount Fund Inc), Custodian Contract (Fpa Capital Fund Inc)
