Exchanges of Securities. Upon receipt of Proper Instructions, the Custodian shall exchange securities held by it for the account of a Portfolio for other securities in connection with any reorganization, recapitalization, split-up of shares, change of par value, conversion or other event relating to the securities or the issuer of such securities, and shall deposit any such securities in accordance with the terms of any reorganization or protective plan.
Appears in 3 contracts
Samples: Custodian Agreement (Dimensional Investment Group Inc), Custodian Agreement (Dfa Investment Dimensions Group Inc), Custodian Agreement (Dfa Investment Trust Co)
Exchanges of Securities. Upon receipt of Proper Instructions, the Custodian shall exchange securities held by it for the account of a Portfolio the Fund for other securities in connection with any reorganization, recapitalization, split-up of shares, change of par value, conversion or other event relating to the securities or the issuer of such securities, and shall deposit any such securities in accordance with the terms of any reorganization or protective plan.. The Custodian shall, without receiving Proper Instructions: surrender securities for transfer
Appears in 2 contracts
Samples: Custodian Agreement (United Tax Managed Equity Fund Inc), Custodian Agreement (United Cash Management Inc)
