Financial Assets Held Directly. The Custodian shall hold and physically segregate for the account of the Fund all Financial Assets to be held by it, other than Financial Assets deposited with or maintained in (a) a U.S. Securities System, (b) the Direct Paper System, (c) an Eligible Foreign Custodian or (d) an Eligible Securities Depository. Section 3.3
Appears in 2 contracts
Samples: Custodian Agreement (Smallcap World Fund Inc), Custodian Agreement (Growth Fund of America Inc)
Financial Assets Held Directly. The Custodian shall hold and physically segregate for the account of the Fund all Financial Assets to be held by it, other than Financial Assets deposited with or maintained in (a) a U.S. Securities System, (b) the Direct Paper System, (c) an Eligible Foreign Custodian or (d) an Eligible Securities Depository. Section 3.3.
Appears in 2 contracts
Samples: Global Custody Agreement (American Fund Insurance Series), Custodian Agreement (Fundamental Investors Inc)
