Common use of Evaluation of Written Contracts Clause in Contracts

Evaluation of Written Contracts. In exercising the authority delegated under this Agreement to enter into written contracts governing the Fund’s foreign custody arrangements with an Eligible Foreign Custodian, the Delegate shall determine that such contracts (or, in the case of a Securities Depository, such contract, the rules or established practices or procedures of the depository, or any combination of the foregoing) provide reasonable care for Assets based on the standards applicable to Eligible Foreign Custodians in the relevant market. In making this determination, the Delegate shall ensure that the terms of such contracts comply with the provisions of Rule 17f-5(c)(2), as set forth in Appendix C to this Agreement.

Appears in 2 contracts

Samples: Delegation Agreement (Mexico Fund Inc), Foreign Custody Delegation Agreement (Mexico Fund Inc)

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Evaluation of Written Contracts. In exercising the authority delegated under this Agreement to enter into written contracts governing the Fund’s 's foreign custody arrangements with an Eligible Foreign Custodian, the Delegate shall determine that such contracts (or, in the case of a Securities Depository, such contract, the rules or established practices or procedures of the depository, or any combination of the foregoing) provide reasonable care for Assets based on the standards applicable to Eligible Foreign Custodians in the relevant market. In making this determination, the Delegate shall ensure ensures that the terms of such contracts comply with the provisions of Rule 17f-5(c)(2), as set forth in Appendix C to this Agreement.

Appears in 1 contract

Samples: Delegation Agreement (Ing Funds Trust)

Evaluation of Written Contracts. In exercising the authority delegated under this Agreement to enter into written contracts governing the Fund’s 's foreign custody arrangements with an Eligible Foreign Custodian, the Delegate shall determine that such contracts (or, in the case of a Securities Depository, such contract, the rules or established practices or procedures of the depository, or any combination of the foregoing) provide reasonable care for Assets based on the standards applicable to Eligible Foreign Custodians Custodian in the relevant market. In making this determination, the Delegate shall ensure that the terms of such contracts comply with the provisions of Rule 17f-5(c)(2), as set forth in Appendix C to this Agreement.

Appears in 1 contract

Samples: Delegation Agreement (William Blair Mutual Funds Inc)

Evaluation of Written Contracts. In exercising the authority delegated under this Agreement to enter into written contracts governing the Fund’s 's foreign custody arrangements with an Eligible Foreign Custodian, the Delegate shall determine that such contracts (or, in the case of a Securities Depository, such contract, the rules or established practices or procedures of the depository, or any combination of the foregoing) provide reasonable care for Assets based on the standards applicable to Eligible Foreign Custodians in the relevant market. In making this determination, the Delegate shall ensure that the terms of such contracts comply with the provisions of Rule 17f-5(c)(2), as set forth in Appendix C to this Agreement.

Appears in 1 contract

Samples: Delegation Agreement (Tiff Investment Program Inc)

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Evaluation of Written Contracts. In exercising the authority delegated under this Agreement to enter into written contracts governing the Fund’s 's foreign custody arrangements with an Eligible Foreign Custodian, the Delegate shall determine that such contracts (or, in the case of a Securities Depositorysecurities depository other than a compulsory securities depository, such contract, the rules or established practices or and procedures of the such depository, or any combination of the foregoing) provide reasonable care for Assets based on the standards applicable to Eligible Foreign Custodians in the relevant market. In making this determination, the Delegate shall ensure that the terms of such contracts comply with consider the provisions of Rule 17f-5(c)(2), as set forth in Appendix C to this Agreement) of the 1940 Act.

Appears in 1 contract

Samples: Custodian Agreement (Variable Insurance Funds)

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