Establishment of Accounts. Principal hereby establishes with Custodian, and may in the future establish, one or more Accounts in Principal's name. The Account shall consist of Securities delivered to and receipted for by Custodian or by any Sub-Custodian. Custodian, in its sole discretion, may reasonably refuse to accept any property now or hereafter delivered to it for inclusion in the Account. Principal shall be notified promptly of such refusal and any such property shall be immediately returned to Principal.
Appears in 19 contracts
Samples: Custodian Agreement (Advisors' Inner Circle Fund), Custodian Agreement (Vertical Capital Income Fund), Custodian Agreement (Ladenburg Thalmann Alternative Strategies Fund)
Establishment of Accounts. Principal hereby establishes with Custodian, and may in the future establish, one or more Accounts in Principal's ’s name. The Account shall consist of Securities delivered to and receipted for by Custodian or by any Sub-Custodian. Custodian, in its sole discretion, may reasonably refuse to accept any property now or hereafter delivered to it for inclusion in the Account. Principal shall be notified promptly of such refusal and any such property shall be immediately returned to Principal.
Appears in 3 contracts
Samples: Custodian Agreement (Old Mutual Advisor Funds), Custodian Agreement (Hercules Technology Growth Capital Inc), Custodian Agreement (First Focus Funds Inc)
Establishment of Accounts. Principal hereby establishes with Custodian, and may in the future establish, one or more Accounts in Principal's name, with each such Account to be listed on Schedule I of this Agreement. The Account shall consist of Securities delivered to and receipted for by Custodian or by any Sub-Custodian. Custodian, in its sole discretion, may reasonably refuse to accept any property now or hereafter delivered to it for inclusion in the Account. Principal shall be notified promptly of such refusal and any such property shall be immediately returned to Principal.
Appears in 2 contracts
Samples: Custodian Agreement (Old Mutual Advisor Funds), Custodian Agreement (Old Mutual Advisor Funds)
Establishment of Accounts. Principal hereby establishes with Custodian, and may in the future establish, one or more Accounts in Principal's name. The Account shall consist of Securities delivered to and receipted for by Custodian or by any Sub-Sub- Custodian. Custodian, in its sole discretion, may reasonably refuse to accept any property now or hereafter delivered to it for inclusion in the Account. Principal shall be notified promptly of such refusal and any such property shall be immediately returned to Principal.
Appears in 1 contract
Samples: Custodian Agreement (Advisors Inner Circle Fund II)
Establishment of Accounts. Principal hereby establishes with Custodian, and may in the future establish, one or more Accounts in Principal's name. The Account shall consist of Securities delivered to and receipted for by Custodian or by any Sub-Custodian. Custodian, in its sole discretion, may reasonably refuse to accept any property now or hereafter delivered to it for inclusion in the Account. Custodian will indicate to Principal shall be notified promptly of in writing the specific reason for such refusal and any such property shall be immediately returned to Principalrejection.
Appears in 1 contract
Samples: Custodian Agreement (Pillar Funds)
Establishment of Accounts. Principal hereby establishes with Custodian, and may in the future establish, one or more separate Accounts in for the benefit of Principal's name, acting as custodian for each Customer. The Account shall consist of Securities delivered to and receipted for by Custodian or by any Sub-Custodian. Custodian, in its sole discretion, may reasonably refuse to accept any property now or hereafter delivered to it for inclusion in the Account. Principal shall be notified promptly of such refusal and any such property shall be immediately returned to Principalrefusal.
Appears in 1 contract
Samples: Custodian Agreement (Armada Funds)
Establishment of Accounts. Principal hereby establishes with Custodian, and may in the future establish, one or more Accounts in Principal's name. The Each Account shall consist of Securities or cash delivered to and receipted for by Custodian or by any Sub-Custodian. Custodian, in its sole discretion, may reasonably refuse to accept any property now or hereafter delivered to it for inclusion in the an Account. Principal shall be notified promptly of such refusal and any such property shall be immediately returned to Principal.
Appears in 1 contract
Establishment of Accounts. Principal hereby establishes with Custodian, and may in the future establish, one or more Accounts in Principal's name. The Account shall consist of Securities delivered to and receipted for by Custodian or by any Sub-Custodian. Custodian, in its sole discretion, may reasonably refuse to accept any property not deemed to be a publicly traded security, now or hereafter hereafter, delivered to it for inclusion in the Account. Principal shall be notified promptly of such refusal and any such property shall be immediately returned to Principal.
Appears in 1 contract
Establishment of Accounts. Principal hereby establishes with Custodian, and may in the future establish, one or more Accounts in Principal's name. The Account Account(s) shall consist of Securities delivered to and receipted for by Custodian or by any Sub-Custodian. Custodian, in its sole discretion, may reasonably refuse to accept any property now or hereafter delivered to it for inclusion in the AccountAccount(s). Principal shall be notified promptly of such refusal and any such property shall be immediately returned to Principal.
Appears in 1 contract
Samples: Custodian Agreement (Central Park Group Multi-Event Fund)
