Common use of Exercise of Care as Foreign Custody Manager Clause in Contracts

Exercise of Care as Foreign Custody Manager. The Foreign Custody Manager shall exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Foreign Assets would exercise in performing the delegated responsibilities.

Appears in 104 contracts

Samples: Master Custodian Agreement (T. Rowe Price Exchange-Traded Funds, Inc.), Master Custodian Agreement (T. Rowe Price Exchange-Traded Funds, Inc.), Master Custodian Agreement (Venerable Variable Insurance Trust)

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Exercise of Care as Foreign Custody Manager. The Foreign Custody Manager shall will exercise such reasonable care, prudence and diligence such in performing the delegated responsibilities as a person having responsibility for the safekeeping of assets of management investment companies registered under the Foreign Assets 1940 Act would exercise in performing the delegated responsibilitiesexercise.

Appears in 27 contracts

Samples: Custody Agreement (Diamond Hill Securitized Credit Fund), Custody Agreement (PGIM Private Credit Fund), Custody Agreement (Vista Credit Strategic Lending Corp.)

Exercise of Care as Foreign Custody Manager. The In performing the responsibilities delegated to it, the Foreign Custody Manager shall exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Foreign Assets would exercise in performing the delegated responsibilitiesexercise.

Appears in 12 contracts

Samples: Master Custodian Agreement (Federated Investment Series Funds Inc), Master Custodian Agreement (Federated High Yield Trust), Master Custodian Agreement (Federated Government Income Securities Inc)

Exercise of Care as Foreign Custody Manager. The Foreign Custody Manager shall exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Foreign Assets would exercise in performing the delegated responsibilitiesresponsibilities on behalf of a management investment company registered under the 1940 Act. Notwithstanding the foregoing, the Custodian acting as Foreign Custody Manager of the Portfolio is subject to the Standard of Care provided in Section 14.1 of this Agreement.

Appears in 6 contracts

Samples: Master Custodian Agreement (Aim Sector Funds (Invesco Sector Funds)), Master Custodian Agreement (Invesco Senior Loan Fund), Master Custodian Agreement (Aim Tax-Exempt Funds (Invesco Tax-Exempt Funds))

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Exercise of Care as Foreign Custody Manager. The Foreign Custody Manager shall will exercise such reasonable care, prudence prudence, and diligence such in performing the delegated responsibilities as a person having responsibility for the safekeeping of assets of management investment companies registered under the Foreign Assets 1940 Act would exercise in performing the delegated responsibilitiesexercise.

Appears in 3 contracts

Samples: Custody Agreement (TCW ETF Trust), Custody Agreement (TCW ETF Trust), Custody Agreement (2023 ETF Series Trust II)

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