Exercise of Rights; Tender Offers. Upon receipt of instructions, the Custodian shall: (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer or trustee, for the purpose of exercise or sale, provided that the new securities, cash or other assets, if any, are to be delivered to the Custodian; and (b) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to the Custodian or the tendered securities are to be returned to the Custodian.
Appears in 12 contracts
Samples: Custody Agreement (Bradford Funds Inc), Custody and Investment Accounting Agreement (State Bond Diversified Fund Inc), Custody Agreement (Pilgrim America Prime Rate Trust)
Exercise of Rights; Tender Offers. Upon receipt of instructions, the Custodian shall: (ai) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer or trustee, for the purpose of exercise or sale, provided that the new securities, cash or other assets, if any, are to be delivered to the Custodian; and (bii) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to the Custodian or the tendered securities are to be returned to the Custodian.
Appears in 2 contracts
Samples: Custody and Investment Accounting Agreement (Providian Series Trust), Custody and Investment Accounting Agreement (Providian Series Trust)
Exercise of Rights; Tender Offers. Upon timely receipt of instructionsProper Instructions, the Custodian shall: (a) to deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, rights or trustee, similar securities for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetssecurities and cash, if any, acquired by such action are to be delivered to the Custodian; and (b) , and, upon receipt of Proper Instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian or the tendered securities are to be returned to the Custodian.
Appears in 2 contracts
Samples: Custodian Agreement (Bailard Biehl & Kaiser International Fund Group Inc), Custodian Agreement (Bailard Biehl & Kaiser Fund Group Inc)
Exercise of Rights; Tender Offers. Upon receipt of instructions, the Custodian shall: (a) deliver warrants, puts, puts calls, rights or similar securities to the issuer or trustee thereoftherefor, or to the agent of such issuer or trustee, for the purpose of exercise or sale, provided that the new securities, cash or other assets, if any, are to be delivered to the Custodian; and (b) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to the Custodian or the tendered securities are to be returned to the Custodian.
Appears in 2 contracts
Samples: Custody Agreement (Michigan Daily Tax Free Income Fund Inc), Custody Agreement (Connecticut Daily Tax Free Income Fund Inc)
Exercise of Rights; Tender Offers. Upon timely receipt of instructionsProper --------------------------------- Instructions, the Custodian shall: (a) to deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, rights or trustee, similar securities for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetssecurities and cash, if any, acquired by such action are to be delivered to the Custodian; and (b) , and, upon receipt of Proper Instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian or the tendered securities are to be returned to the Custodian.
Appears in 2 contracts
Samples: Custodian Agreement (Painewebber Series Trust), Custodian Agreement (Bear Stearns Funds)
Exercise of Rights; Tender Offers. Upon receipt of _________________________________ instructions, the Custodian shall: (a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer or trustee, for the purpose of exercise or sale, provided that the new securities, cash or other assets, if any, are to be delivered to the Custodian; and (b) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to the Custodian or the tendered securities are to be returned to the Custodian.
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Exercise of Rights; Tender Offers. Upon receipt of proper instructions, the Custodian shall: (a) to deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, futures contracts, options, rights or trustee, similar securities for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetssecurities and cash, if any, acquired by such action are to be delivered to the Custodian; and (b) , and, upon receipt of proper instructions, to deposit securities upon invitations for tenders thereofor securities, provided that the consideration for such securities is to be paid or delivered to the Custodian or the tendered securities are to be returned to the Custodian.
Appears in 1 contract
Exercise of Rights; Tender Offers. Upon receipt of proper instructions, the Custodian shall: (a) to deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, futures contracts, options rights or trustee, similar securities for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetssecurities and cash, if any, acquired by such action are to be delivered to the Custodian; and (b) , and, upon receipt of proper instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian or the tendered securities are to be returned to the Custodian.
Appears in 1 contract
Samples: Custodian Agreement (Scudder International Fund Inc)
Exercise of Rights; Tender Offers. Upon timely receipt of instructionsProper Instructions, the Custodian shall: (a) to deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, right or trustee, similar securities for the purpose of exercise being exercised or sale, solely provided that the new securities, cash or other assetssecurities and cash, if any, acquired by such action are to be delivered to the Custodian; and (b) , and, upon receipt of Proper Instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian or the tendered securities are to be returned to the Custodian.
Appears in 1 contract
Samples: Custodian Agreement (Painewebber Investment Series)
Exercise of Rights; Tender Offers. Upon receipt of proper instructions, the Custodian shall: (a) to deliver warrants, puts, calls, rights or similar securities to the issuer or trustee Director thereof, or to the agent of such issuer either, warrants, puts, calls, futures contracts, options, rights or trustee, similar securities for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetssecurities and cash, if any, acquired by such action are to be delivered to the Custodian; and (b) , and, upon receipt of proper instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian or the tendered securities are to be returned to the Custodian.
Appears in 1 contract
Samples: Custodian Agreement (Scudder International Fund Inc)
Exercise of Rights; Tender Offers. Upon receipt of instructions, the Custodian shall: :
(a) deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer or trustee, for the purpose of exercise or sale, provided that the new securities, cash or other assets, if any, are to be delivered to the Custodian; and and
(b) deposit securities upon invitations for tenders thereof, provided that the consideration for such securities is to be paid or delivered to the Custodian or the tendered securities are to be returned to the Custodian.
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Exercise of Rights; Tender Offers. Upon timely receipt --------------------------------- of proper instructions, the Custodian shall: (a) to deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, rights or trustee, similar securities for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetssecurities and cash, if any, acquired by such action are to be delivered to the Custodian; and (b) , and, upon receipt of proper instructions, to deposit securities upon invitations for tenders thereofof securities, provided that the consideration for such securities is to be paid or delivered to the Custodian or the tendered securities are to be returned to the Custodian.
Appears in 1 contract
Samples: Custodian Agreement (Merrill Lynch Global Allocation Fund Inc)
Exercise of Rights; Tender Offers. Upon receipt of proper instructions, the Custodian shall: (a) to deliver warrants, puts, calls, rights or similar securities to the issuer or trustee thereof, or to the agent of such issuer either, warrants, puts, calls, futures contracts, options, rights or trustee, similar securities for the purpose of exercise being exercised or salesold, provided that the new securities, cash or other assetssecurities and cash, if any, acquired by such action are to be delivered to the Custodian; and (b) , and, upon receipt of proper instructions, to deposit securities upon invitations for tenders thereofof securitries, provided that the consideration for such securities is to be paid or delivered to the Custodian or the tendered securities are to be returned to the Custodian.
Appears in 1 contract
Samples: Custodian Agreement (Japan Fund Inc)