Common use of Foreign Securities Clause in Contracts

Foreign Securities. With respect to Account Securities issued by foreign entities or other Account Securities for which adequate corporate information is not readily available, Custodian's responsibility is expressly limited to safekeeping. With respect to such Account Securities, Custodian assumes no responsibility for following such Account Securities or their issuers for coupon payments, redemptions, exchanges or similar matters affecting such Account Securities. Collections of monies in foreign currency, to the extent possible, will be converted into U.S. dollars at customary rates in accordance with Custodian's normal procedures. All risks and expenses incident to such foreign collections and conversions are assumed by the Custodian Account, and Custodian shall have no responsibility for fluctuations in exchange rates affecting such collections or conversions.

Foreign Securities. With respect to Account Securities issued by foreign entities or other Account Securities for which adequate corporate information is not readily available, Custodian's responsibility is expressly limited to safekeepingas expressively set forth in paragraph 5(f). With respect to such Account Securities, Custodian assumes no responsibility for following such Account Securities or their issuers for coupon payments, redemptions, exchanges or similar matters affecting such Account Securities. Collections of monies in foreign currency, to the extent possible, will be converted into U.S. dollars at customary rates in accordance with Custodian's normal procedures. All risks and expenses incident to such foreign collections and conversions are assumed by the Custodian Accountapplicable Portfolio, and Custodian shall have no responsibility for fluctuations in exchange rates affecting such collections or conversions.