Common use of Foreign Subcustodians and Securities Depositories Clause in Contracts

Foreign Subcustodians and Securities Depositories. The Custodian may deposit and/or maintain Investments of the Fund for which the primary market is outside the United States, and such cash and cash equivalents as are reasonably necessary, (at the direction of the Fund) to effect the Fund's transactions in such Investments, in any non-U.S. Securities Depository provided such Securities Depository meets the requirements of an "eligible foreign custodian" under Rule