Excess Cash Sweep. PFPC Trust will, consistent with applicable law, sweep any net excess cash balances daily into an investment vehicle or other instrument designated in Written Instructions, so long as the investment vehicle or instrument is acceptable to PFPC Trust, subject to a fee, paid to PFPC Trust for such service, to be agreed between the parties. Such investment vehicle or instrument may be offered by an affiliate of PFPC Trust or by a PFPC Trust client and PFPC Trust may receive compensation therefrom.
Appears in 41 contracts
Samples: Custodian Services Agreement (PNC Long-Short Fund LLC), Custodian Services Agreement (PNC Alternative Strategies TEDI Fund LLC), Custodian Services Agreement (PNC Absolute Return Fund LLC)
Excess Cash Sweep. PFPC Trust will, consistent with applicable law, sweep any net excess cash balances daily into an investment vehicle or other instrument designated in Written Instructionswriting by the Fund, so long as the investment vehicle or instrument is acceptable to PFPC Trust, subject to a fee, paid to PFPC Trust for such service, to be agreed between the parties. Such investment vehicle or instrument may be offered by an affiliate of PFPC Trust or by a PFPC Trust client and PFPC Trust may receive compensation therefrom.
Appears in 19 contracts
Samples: Custodian Services Agreement (Rivus Bond Fund), Custodian Services Agreement (Highland Credit Strategies Fund), Custodian Services Agreement (Firsthand Funds)
Excess Cash Sweep. PFPC Trust will, consistent with applicable law, will sweep any net excess cash balances daily into an investment vehicle or other instrument designated in Written Instructions, so long as the investment vehicle or instrument is acceptable to PFPC Trust, subject to a fee, paid to PFPC Trust for such service, to be agreed between the parties. Such investment vehicle or instrument may be offered by an affiliate of PFPC Trust or by a PFPC Trust client and PFPC Trust may receive compensation therefrom.
Appears in 11 contracts
Samples: Custodian Services Agreement (Firsthand Technology Value Fund, Inc.), Custodian Services Agreement (Virtus Institutional Trust), Custodian Services Agreement (Virtus Insight Trust)
Excess Cash Sweep. PFPC Trust will, consistent with applicable law, sweep any net excess cash balances daily into an investment vehicle or other instrument designated in Written Instructions, so long as the investment vehicle or instrument is reasonably acceptable to PFPC Trust, such acceptance shall not be unreasonably withheld, subject to a fee, paid to PFPC Trust for such service, to be agreed between the parties. Such investment vehicle or instrument may be offered by an affiliate of PFPC Trust or by a PFPC Trust client and PFPC Trust may receive compensation therefrom.
Appears in 3 contracts
Samples: Custodian Services Agreement (Legg Mason Permal Global Active Strategies TEI Fund), Custodian Services Agreement (Legg Mason Permal Global Active Strategies Master Fund), Custodian Services Agreement (Legg Mason Permal Global Active Strategies Fund)
Excess Cash Sweep. PFPC Trust will, consistent with applicable law, will sweep any net excess cash balances daily into an investment vehicle or other instrument designated in Written Instructionswriting by the Fund, so long as the investment vehicle or instrument is acceptable to PFPC Trust, subject to a fee, paid to PFPC Trust for such service, to be agreed between the parties. Such investment vehicle or instrument may be offered by an affiliate of PFPC Trust or by a PFPC Trust client and PFPC Trust may receive compensation therefrom.
Appears in 2 contracts
Samples: Custodian Services Agreement (First Trust Senior Floating Rate Income Fund Ii), Custodian Services Agreement (First Trust Active Dividend Income Fund)
Excess Cash Sweep. PFPC Trust will, consistent with applicable law, sweep any net excess cash balances daily into an investment vehicle or other instrument designated in Written Instructions, so long as the investment vehicle or instrument is acceptable to PFPC TrustPFPC, subject to a fee, paid to PFPC Trust for such service, to be agreed between the parties. Such investment vehicle or instrument may be offered by an affiliate of PFPC Trust or by a PFPC Trust client and PFPC Trust may receive compensation therefrom.
Appears in 1 contract
Excess Cash Sweep. PFPC Trust will, consistent with applicable law, will sweep any net excess cash balances daily into an investment vehicle or other instrument designated in Written Instructions, so long as the investment vehicle or instrument is acceptable to supported by PFPC Trust, subject to a fee, paid to PFPC Trust for such service, to be agreed between the parties. Such investment vehicle or instrument may be offered by an affiliate of PFPC Trust or by a PFPC Trust client and PFPC Trust may receive compensation therefrom.
Appears in 1 contract
Excess Cash Sweep. PFPC Trust will, consistent with applicable law, sweep any net excess cash balances daily into an investment vehicle or other instrument designated in Written Instructionswriting by the Trust, so long as the investment vehicle or instrument is acceptable to PFPC Trust, subject to a fee, paid to PFPC Trust for such service, to be agreed between the parties. Such investment vehicle or instrument may be offered by an affiliate of PFPC Trust or by a PFPC Trust client and PFPC Trust may receive compensation therefrom.
Appears in 1 contract
Samples: Custodian Services Agreement (Highland Capital Multi-Strategy Fund)
Excess Cash Sweep. PFPC Trust will, consistent with applicable law, sweep any net excess cash balances daily into an investment vehicle or other instrument designated in Written Instructionswriting by the Company, so long as the investment vehicle or instrument is acceptable to PFPC Trust, subject to a fee, paid to PFPC Trust for such service, to be agreed between the parties. Such investment vehicle or instrument may be offered by an affiliate of PFPC Trust or by a PFPC Trust client and PFPC Trust may receive compensation therefrom.
Appears in 1 contract
Samples: Custodian Services Agreement (Highland Distressed Opportunities Fund, Inc.)
Excess Cash Sweep. PFPC Trust will, consistent with applicable law, sweep any net excess cash balances daily into an investment vehicle or other instrument designated in Written Instructions, so long as the investment vehicle or instrument is acceptable to PFPC TrustTrust and the Fund, subject to a fee, paid to PFPC Trust for such service, to be agreed between the parties. Such investment vehicle or instrument may be offered by an affiliate of PFPC Trust or by a PFPC Trust client and PFPC Trust may receive compensation therefrom.
Appears in 1 contract
Excess Cash Sweep. PFPC Trust will, consistent with applicable law, sweep any net excess cash balances daily into an investment vehicle or other instrument designated in Written Instructions, so long as writing by the investment vehicle or instrument is acceptable to PFPC TrustFund, subject to a fee, paid to PFPC Trust for such service, to be agreed between the parties. Such investment vehicle or instrument may be offered by an affiliate of PFPC Trust or by a PFPC Trust client and PFPC Trust may receive compensation therefrom.
Appears in 1 contract
Samples: Custodian Services Agreement (Highland Floating Rate Advantage Fund)
Excess Cash Sweep. PFPC Trust will, consistent with applicable law, sweep any net excess cash balances daily into an investment vehicle or other instrument designated in Written Instructions, so long as the investment vehicle or instrument is acceptable to PFPC Trust, subject to a fee, paid to PFPC Trust for such service, service to be agreed between the parties. Such investment vehicle or instrument may be offered by an affiliate of PFPC Trust or by a PFPC Trust client and PFPC Trust may receive compensation therefrom.
Appears in 1 contract
Samples: Custodian Services Agreement (Highland Special Situations Fund II)
Excess Cash Sweep. PFPC Trust will, consistent with applicable law, sweep any net excess cash balances daily into an investment vehicle or other instrument designated in Written Instructionswriting by the Fund, so long as the investment vehicle or instrument is acceptable to PFPC Trust, subject to a fee, paid to PFPC Trust for such service, to be agreed between the parties. Such investment vehicle or instrument may be offered by an affiliate of PFPC Trust or by a PFPC Trust client and PFPC Trust may receive compensation therefrom to the extent permitted by the 1940 Act or an exemption therefrom.
Appears in 1 contract
Samples: Custodian Services Agreement (Wilshire Variable Insurance Trust)
