Fund Custody and Cash Accounts. As to each Fund, the Custodian shall open and maintain in its trust department: (x) a custody account in the name of the Trust coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Securities (other than Loans), cash and other assets of such Fund which are delivered to it and (y) cash accounts, including any subaccounts, in the name of the Trust coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all principal and interest received with respect to the Loans. The amounts held in the cash accounts shall be transferred in the respective Fund’s custody account on a daily basis.
Appears in 29 contracts
Samples: Custody Agreement (Advisor Managed Portfolios), Custody Agreement (Advisor Managed Portfolios), Custody Agreement (Advisor Managed Portfolios)
Fund Custody and Cash Accounts. As to each Fund, the Custodian shall open and maintain in its trust department: (x) a custody account in the name of the Trust each Company coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Securities (other than Loans), cash and other assets of such Fund which are delivered to it and (y) cash accounts, including any subaccounts, in the name of the Trust Company coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all principal and interest received with respect to the Loans. The amounts held in the cash accounts shall be transferred in the respective Fund’s custody account on a daily basis.
Appears in 5 contracts
Samples: Custody Agreement (Nicholas Equity Income Fund Inc), Custody Agreement (Nicholas Fund Inc), Custody Agreement (Nicholas Money Market Fund Inc)
Fund Custody and Cash Accounts. As to each Fund, the Custodian shall open and maintain in its trust department: (x) a custody account in the name of the Trust Company coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Securities (other than Loans), cash and other assets of such Fund which are delivered to it and (y) cash accounts, including any subaccounts, in the name of the Trust Company coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all principal and interest received with respect to the Loans. The amounts held in the cash accounts shall be transferred in the respective Fund’s custody account on a daily basis.
Appears in 2 contracts
Samples: Custody Agreement (Leuthold Funds Inc), Custody Agreement (RBB Fund, Inc.)
Fund Custody and Cash Accounts. As to each Fund, the Custodian shall open and maintain in its trust department: (x) a custody account in the name of the Trust coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Securities (other than Loans), cash and other assets of such Fund which are delivered to it and (y) cash accounts, including any subaccounts, in the name of the Trust coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all principal and interest received with respect to the Loans. The amounts held in the cash accounts shall be transferred in the respective Fund’s custody account on a daily basis.
Appears in 2 contracts
Samples: Custody Agreement (Trust for Professional Managers), Custody Agreement (Trust for Professional Managers)
Fund Custody and Cash Accounts. As to each the Fund, the Custodian shall open and maintain in its trust department: (x) a custody account in the name of the Trust coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter enter, maintain safekeeping of, and carry all Securities (other than Loans)Securities, cash and other assets of such the Fund which are delivered to it and (y) cash accounts, including any subaccounts, in the name of the Trust coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all principal and interest and any fees received with respect to the Loans. The amounts held in the cash accounts shall be transferred in the respective Fund’s custody account on a daily basis.
Appears in 2 contracts
Samples: Custody Agreement (KKR Credit Opportunities Portfolio), Custody Agreement (KKR Income Opportunities Fund)
Fund Custody and Cash Accounts. As to each Fund, the Custodian shall open and maintain in its trust department: (x) a custody account in the name of the Trust coupled with the name of the FundFunds, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Securities (other than Loans), cash and other assets of such Fund which are delivered to it and (y) cash accounts, including any subaccounts, in the name of the Trust coupled with the name of the FundFunds, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all principal and interest received with respect to the Loans. The amounts held in the cash accounts shall be transferred in the respective Fund’s custody account on a daily basis.
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Fund Custody and Cash Accounts. As to each Fund, the Custodian shall open and maintain in its trust department: (x) a custody account in the name of the Trust Company or the Trust, as applicable, coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Securities (other than Loans), cash and other assets of such Fund which are delivered to it and (y) cash accounts, including any subaccounts, in the name of the Trust or Company coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all principal and interest received with respect to the Loans. The amounts held in the cash accounts shall be transferred in the respective Fund’s custody account on a daily basis.
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Fund Custody and Cash Accounts. As to each Fund, the Custodian shall open and maintain in its trust department: (x) a custody account in the name of the Trust each Fund coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all Securities (other than Loans), cash and other assets of such Fund which are delivered to it and (y) cash accounts, including any subaccounts, in the name of the Trust coupled with the name of the Fund, subject only to draft or order of the Custodian, in which the Custodian shall enter and carry all principal and interest received with respect to the Loans. The amounts held in the cash accounts shall be transferred in the respective Fund’s custody account on a daily basis.
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