Common use of Futures Contracts Clause in Contracts

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the Fund; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund as initial, maintenance or variation "margin" deposits (including mark-to-market payments) intended to secure the Fund's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by Fund, in accordance with the provisions of any agreement or agreements among the Fund, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules. The Custodian and the futures commission merchant shall be responsible for the sufficiency of assets held in the segregated account in compliance with the applicable margin maintenance and mark-to-market payment requirements.

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the FundTrust; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund Trust as initial, maintenance or variation "margin" deposits (including mark-to-market payments) intended to secure the FundTrust's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by FundTrust, in accordance with the provisions of any agreement or agreements among the FundTrust, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules. The Custodian and the futures commission merchant shall be responsible for the sufficiency of assets held in the segregated account in compliance with the applicable margin maintenance and mark-to-market payment requirements.

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the FundTrust; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund Trust as initial, maintenance or variation "margin" deposits (including mark-to-market payments) intended to secure the FundTrust's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by FundTrust, in accordance with the provisions of any agreement or agreements among the FundTrust, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules. The Custodian and the futures commission merchant shall be responsible for the sufficiency of assets held in the segregated account in compliance with the applicable margin maintenance and mark-to-market payment requirements.the

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the Fund; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund as initial, maintenance or variation "margin" deposits (including markxxxx-to-market payments) intended to secure the Fund's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by Fund, in accordance with the provisions of any agreement or agreements among the Fund, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules. The Custodian and the futures commission merchant shall be responsible for the sufficiency of assets held in the segregated account in compliance with the applicable margin maintenance and markxxxx-to-market payment requirements.

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the FundTrust; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund Trust as initial, maintenance or variation "margin" deposits (including markxxxx-to-market payments) intended to secure the FundTrust's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by Fundthe Trust, in accordance with the provisions of any agreement or agreements among the FundTrust, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules. The Custodian and the futures commission merchant shall be responsible for the sufficiency of assets held in the segregated account in compliance with the applicable margin maintenance and markxxxx-to-market payment requirements.

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the FundTrust; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund Trust as initial, maintenance or variation "“margin" ” deposits (including mark-to-market payments) intended to secure the Fund's Trust’s performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by FundTrust, in accordance with the provisions of any agreement or agreements among the FundTrust, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules. The Custodian and the futures commission merchant shall be responsible for the sufficiency of assets held in the segregated account in compliance with the applicable margin maintenance and mark-to-market payment requirements.

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the Fund; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund as initial, maintenance or variation "“margin" ” deposits (including mark-to-market payments) intended to secure the Fund's ’s performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by Fund, in accordance with the provisions of any agreement or agreements among the Fund, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules. The Custodian and the futures commission merchant shall be responsible for the sufficiency of assets held in the segregated account in compliance with the applicable margin maintenance and mark-to-market payment requirements.

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the FundTrust; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund Trust as initial, maintenance or variation "margin" deposits (including markxxxx-to-market payments) intended to secure the FundTrust's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by FundTrust, in accordance with the provisions of any agreement or agreements among the FundTrust, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules. The Custodian and the futures commission merchant shall be responsible for the sufficiency of assets held in the segregated account in compliance with the applicable margin maintenance and markxxxx-to-market payment requirements.

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the FundTrust; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund Trust as initial, maintenance or variation "“margin" ” deposits (including mark-to-market payments) intended to secure the Fund's Trust’s performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by FundTrust, in accordance with the provisions of any agreement or agreements among the FundTrust, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules. The Custodian and the futures commission merchant shall be responsible for the sufficiency of assets held in the segregated account in compliance with the applicable margin maintenance and mark-to-to- market payment requirements.

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the Fund; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund as initial, maintenance or variation "margin" deposits (including mark-xxxx- to-market payments) intended to secure the Fund's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by Fund, in accordance with the provisions of any agreement or agreements among the Fund, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules. The Custodian and the futures commission merchant shall be responsible for the sufficiency of assets held in the segregated account in compliance with the applicable margin maintenance and markxxxx-to-market payment requirements.

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option on a futures contract by the FundTrust; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund Trust as initial, maintenance or variation "margin" deposits (including mark-to-market payments) intended to secure the FundTrust's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by FundTrust, in accordance with the provisions of any agreement or agreements among the FundTrust, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules. The Custodian and the futures commission merchant shall be responsible for the sufficiency of assets held in the segregated account in compliance with the applicable margin maintenance and mark-to-market payment requirementspaymexx xequirements.

Futures Contracts. The Custodian shall, upon receipt of proper instructions, receive and retain confirmations and other documents, if any, evidencing the purchase or sale of a futures contract or an option option on a futures contract by the FundTrust; deposit and maintain in a segregated account, for the benefit of any futures commission merchant, assets designated by the Fund Trust as initial, maintenance or variation "margin" deposits (including markxxxx-to-market payments) intended to secure the FundTrust's performance of its obligations under any futures contracts purchased or sold or any options on futures contracts written by Fundthe Trust, in accordance with the provisions of any agreement or agreements among the FundTrust, the Custodian and such futures commission merchant, designed to comply with the rules of the Commodity Futures Trading Commission and/or of any contract market or commodities exchange or similar organization regarding such margin deposits or payments; and release and/or transfer assets in such margin accounts only in accordance with any such agreements or rules. The Custodian and the futures commission merchant shall be responsible for the sufficiency of assets held in the segregated account in compliance with the applicable margin maintenance and markxxxx-to-market payment requirements.