Common use of Futures Contracts Clause in Contracts

Futures Contracts. 1. Whenever the Fund shall enter into a Futures Contract, the Fund shall deliver to the Custodian a Certificate specifying with respect to such Futures Contract (or with respect to any number of identical Futures Contract(s)): (a) the category of Futures Contract (the name of the underlying stock index or financial instrument); (b) the number of identical Futures Contracts entered into; (c) the delivery or settlement date of the Futures Contract(s); (d) the date the Futures Contract(s) was (were) entered into and the maturity date; (e) whether the Fund is buying (going long) or selling (going short) on such Futures Contract(s); (f) the amount of cash and/or the amount and kind of Securities, if any, to be deposited in the Segregated Security Account; (g) the name of the broker, dealer or futures commission merchant through which the Futures Contract was entered into; and (h) the amount of fee or commission, if any, to be paid and the name of the broker, dealer or futures commission merchant to whom such amount is to be paid. The Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement. The Custodian shall make payment of the fee or commission, if any, specified in the Certificate and deposit in the Segregated Security Account the amount of cash and/or the amount and kind of Securities specified in said Certificate. (a) Any variation margin payment or similar payment required to be made by the Fund to a broker, dealer or futures commission merchant with respect to an outstanding Futures Contract shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement. (b) Any variation margin payment or similar payment from a broker, dealer or futures commission merchant to the Fund with respect to an outstanding Futures Contract shall be received and dealt with by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Futures Contracts. 1. Whenever the Fund shall enter into a Futures Contract, the Fund shall deliver or cause the Administrator to deliver to the Custodian a Certificate specifying with respect to such Futures Contract Contract, (or with respect to any number of identical Futures Contract(s)): (a) the Series for which the Futures Contract is being entered; (b) the category of Futures Contract (the name of the underlying stock index or financial instrument); (bc) the number of identical Futures Contracts entered into; (cd) the delivery or settlement date of the Futures Contract(s); (de) the date the Futures Contract(s) was (were) entered into and the maturity date; (ef) whether the Fund is buying (going long) or selling (going short) on such Futures Contract(s); (fg) the amount of cash and/or the amount and kind of Securities, if any, to be deposited in the Segregated Senior Security AccountAccount for such Series; (gh) the name of the broker, dealer dealer, or futures commission merchant through which whom the Futures Contract was entered into; and (hi) the amount of fee or commission, if any, to be paid and the name of the broker, dealer dealer, or futures commission merchant to whom such amount is to be paid. The Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement. The Custodian shall make payment out of the moneys specifically allocated to such Series of the fee or commission, if any, specified in the Certificate and deposit in the Segregated Senior Security Account for such Series the amount of cash and/or the amount and kind of Securities specified in said Certificate. (a) Any variation margin payment or similar payment required to be made by the Fund to a broker, dealer dealer, or futures commission merchant with respect to an outstanding Futures Contract Contract, shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement. (b) Any variation margin payment or similar payment from a broker, dealer dealer, or futures commission merchant to the Fund with respect to an outstanding Futures Contract Contract, shall be received and dealt with by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Futures Contracts. 1. Whenever the Fund shall enter into a Futures Contract, the Fund shall deliver to the Custodian a Certificate specifying with respect to such Futures Contract (or with respect to any number of identical Futures Contract(s)): (a) the category of Futures Contract (the name of the underlying stock index or financial instrument); (b) the number of identical Futures Contracts entered into; (c) the delivery or settlement date of the Futures Contract(s); (d) the date the Futures Contract(s) was (were) entered into and the maturity date; (e) whether the Fund is buying (going long) or selling (going short) on such Futures Contract(s); (f) the amount of cash and/or the amount and kind of Securities, if any, to be deposited in the Segregated Security Account; (g) the name of the broker, dealer or futures commission merchant through which the Futures Contract was entered into; and (h) the amount of fee or commission, if any, to be paid and the name of the broker, dealer or futures commission merchant to whom such amount is to be paid. The Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement. The Custodian shall make payment of the fee or commission, if any, specified in the Certificate and deposit in the Segregated Security Account the amount of cash and/or the amount and kind of Securities specified in said Certificate. (a) Any variation margin payment parent or similar payment required to be made by the Fund to a broker, dealer or futures commission merchant with respect to an outstanding Futures Contract shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement. (b) Any variation margin payment or similar payment from a broker, dealer or futures commission merchant to the Fund with respect to an outstanding Futures Contract shall be received and dealt with by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Futures Contracts. 1. Whenever the Fund shall enter into a Futures ContractCon- tract, the Fund shall deliver or cause the Administrator to deliver to the Custodian a Certificate specifying with respect to such Futures Contract Contract, (or with respect to any number of identical Futures Contract(s)): (a) the Series for which the Futures Contract is being entered; (b) the category of Futures Contract (the name of the underlying stock index or financial instrument); (bc) the number of identical Futures Contracts entered into; (cd) the delivery or settlement date of the Futures Fu- tures Contract(s); (de) the date the Futures Contract(s) was (were) entered into and the maturity date; (ef) whether the Fund is buying (going long) or selling (going short) on such Futures Contract(s); (fg) the amount of cash and/or the amount and kind of Securities, if any, to be deposited in the Segregated Senior Security AccountAccount for such Series; (gh) the name of the broker, dealer dealer, or futures commission merchant through which whom the Futures Fu- tures Contract was entered into; and (hi) the amount of fee or commission, if any, to be paid and the name of the broker, dealer dealer, or futures commission merchant to whom such amount is to be paid. The Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement. The Custodian shall make payment out of the moneys specifically allocated to such Se- xxxx of the fee or commission, if any, specified in the Certificate Cer- tificate and deposit in the Segregated Senior Security Account for such Series the amount of cash and/or the amount and kind of Securities Secu- rities specified in said Certificate. (a) Any variation margin payment or similar payment required to be made by the Fund to a broker, dealer dealer, or futures fu- tures commission merchant with respect to an outstanding Futures Contract Fu- tures Contract, shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement. (b) Any variation margin payment or similar payment from a broker, dealer dealer, or futures commission merchant to the Fund with respect to an outstanding Futures Contract Contract, shall be received and dealt with by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Futures Contracts. 1. Whenever the Fund shall enter into a Futures ContractCon- tract, the Fund shall deliver or cause the Administrator to deliver to the Custodian a Certificate specifying with respect to such Futures Contract Contract, (or with respect to any number of identical Futures Contract(s)): (a) the Series for which the Futures Contract is being entered; (b) the category of Futures Contract (the name of the underlying stock index or financial instrument); (bc) the number of identical Futures Contracts entered into; (cd) the delivery or settlement date of the Futures Fu- tures Contract(s); (de) the date the Futures Contract(s) was (were) entered into and the maturity date; (ef) whether the Fund is buying (going long) or selling (going short) on such Futures Contract(s); (fg) the amount of cash and/or the amount and kind of Securities, if any, to be deposited in the Segregated Senior Security AccountAccount for such Series; (gh) the name of the broker, dealer dealer, or futures commission merchant through which whom the Futures Fu- tures Contract was entered into; and (hi) the amount of fee or commission, if any, to be paid and the name of the broker, dealer dealer, or futures commission merchant to whom such amount is to be paid. The Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement. The Custodian shall make payment out of the money specifically allocated to such Series of the fee or commission, if any, specified in the Certificate and deposit in the Segregated Senior Security Account for such Series the amount of cash and/or the amount and kind of Securities specified in said Certificate. (a) Any variation margin payment or similar payment required to be made by the Fund to a broker, dealer dealer, or futures fu- tures commission merchant with respect to an outstanding Futures Contract Fu- tures Contract, shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement. (b) Any variation margin payment or similar payment from a broker, dealer dealer, or futures commission merchant to the Fund with respect to an outstanding Futures Contract Contract, shall be received and dealt with by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Futures Contracts. 1. Whenever the Fund shall enter into a Futures Contract, the Fund Company shall deliver to the Custodian a Certificate specifying with respect to such Futures Contract Contract, (or with respect to any number of identical Futures Contract(s)): (a) the category of Futures Contract (the name of the underlying stock index or financial instrument); (b) the number of identical Futures Contracts entered into; (c) the delivery or settlement date of the Futures Contract(s); (d) the date the Futures Contract(s) was (were) entered into and the maturity date; (e) whether the Fund is buying (going long) or selling (going short) on such Futures Contract(s); (f) the amount of cash and/or the amount and kind of Securities, if any, to be deposited in the Segregated Senior Security AccountAccount for such Fund; (g) the name of the broker, dealer dealer, or futures commission merchant through which whom the Futures Contract was entered into; and (h) the amount of fee or commission, if any, to be paid and the name of the broker, dealer dealer, or futures commission merchant to whom such amount is to be paid. The Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement. The Custodian shall make payment out of the moneys specifically allocated to such Fund of the fee or commission, if any, specified in the Certificate and deposit in the Segregated Senior Security Account for such Fund the amount of cash and/or the amount and kind of Securities specified in said Certificate. (a) Any variation margin payment or similar payment required to be made by the Fund to a broker, dealer dealer, or futures commission merchant with respect to an outstanding Futures Contract Contract, shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement. (b) Any variation margin payment or similar payment from a broker, dealer dealer, or futures commission merchant to the Fund with respect to an outstanding Futures Contract Contract, shall be received and dealt with by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Futures Contracts. 1. Whenever the Fund shall enter into a Futures Contract, the Fund CPF shall deliver to the Custodian a Certificate specifying with respect to such Futures Contract (or with respect to any number of identical Futures Contract(s)): (a) the category of Futures Contract (the name of the underlying stock index or financial instrument); (b) the number of identical Futures Contracts entered into; (c) the delivery or settlement date of the Futures Contract(s); (d) the date the Futures Contract(s) was (were) entered into and the maturity date; (e) whether the Fund is buying (going long) or selling (going short) on such Futures Contract(s); (f) the amount of cash and/or the amount and kind of Securities, if any, to be deposited in the Segregated Security Account; (g) the name of the broker, dealer or futures commission merchant through which the Futures Contract was entered into; and (h) the amount of fee or commission, if any, to be paid and the name of the broker, dealer or futures commission merchant to whom such amount is to be paid. The Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement. The Custodian shall make payment of the fee or commission, if any, specified in the Certificate and deposit in the Segregated Security Account the amount of cash and/or the amount and kind of Securities specified in said Certificate. (a) Any variation margin payment or similar payment required to be made by the Fund to a broker, dealer or futures commission merchant with respect to an outstanding Futures Contract shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement. (b) Any variation margin payment or similar payment from a broker, dealer or futures commission merchant to the Fund with respect to an outstanding Futures Contract shall be received and dealt with by the Custodian custodian in accordance with the terms and conditions of the Margin Account Agreement.

Futures Contracts. 1. Whenever the Fund shall enter into a Futures Contract, the Fund shall deliver to the Custodian a Certificate specifying with respect to such Futures Contract Contract, (or with respect to any number of identical Futures Contract(s)): (a) the Series for which the Futures Contract is being entered; the category of Futures Contract (the name of the underlying stock index or financial instrument); (b) the number of identical Futures Contracts entered into; (c) the delivery or settlement date of the Futures Contract(s); (d) the date the Futures Contract(s) was (were) entered into and the maturity date; (e) whether the Fund is buying (going long) or selling (going short) on such Futures Contract(s); (f) the amount of cash and/or the amount and kind of Securities, if any, to be deposited in the Segregated Senior Security AccountAccount for such Series; (g) the name of the broker, dealer dealer, or futures commission merchant through which whom the Futures Contract was entered into; and (h) the amount of fee or commission, if any, to be paid and the name of the broker, dealer dealer, or futures commission merchant to whom such amount is to be paid. The Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement. The Custodian shall make payment out of the moneys specifically allocated to such Series of the fee or commission, if any, specified in the Certificate and deposit in the Segregated Senior Security Account for such Series the amount of cash and/or the amount and kind of Securities specified in said Certificate. (a) 2. Any variation margin payment or similar payment required to be made by the Fund to a broker, dealer dealer, or futures commission merchant with respect to an outstanding Futures Contract Contract, shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement. (ba) Any variation margin payment or similar payment from a broker, dealer dealer, or futures commission merchant to the Fund with respect to an outstanding Futures Contract Contract, shall be received and dealt with by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Futures Contracts. 1. Whenever the Fund shall enter into a Futures Contract, the Fund shall deliver to the Custodian a Certificate specifying with respect to such Futures Contract (or with respect to any number of identical Futures Contract(s)): (a) the category of Futures Contract (the name of the underlying stock index or financial instrument); (b) the number of identical Futures Contracts entered into; (c) the delivery or settlement date of the Futures Contract(s); (d) the date the Futures Contract(s) was (were) entered into and the maturity date; (e) whether the Fund is buying (going long) or selling (going short) on such Futures Contract(s); (f) the amount of cash and/or the amount and kind of Securities, if any, to be deposited in the Segregated Security Account; (g) the name of the broker, dealer or futures commission merchant through which the Futures Contract was entered into; and (h) the amount of fee or commission, if any, to be paid and the name of the broker, dealer or futures commission merchant to whom such amount is to be paid. The Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement. The Custodian shall make payment of the fee or commission, if any, specified in the Certificate and deposit in the Segregated Security Account the amount of cash and/or the amount and kind of Securities specified in said Certificate. (a) Any variation margin payment or similar payment required to be made by the Fund to a broker, dealer or futures commission merchant with respect to an outstanding Futures Contract shall be made by the Custodian in accordance with the terms and conditions of the Margin the*Margin Account Agreement. (b) Any variation margin payment or similar payment from a broker, dealer or futures commission merchant to the Fund with respect to an outstanding Futures Contract shall be received and dealt with by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Futures Contracts. 1. Whenever the Fund shall enter into a Futures ContractCon- tract, the Fund shall deliver to the Custodian a Certificate specifying with respect to such Futures Contract Contract, (or with respect to any number of identical Futures Contract(s)): (a) the Series for which the Futures Contract is being entered; (b) the category of Futures Contract (the name of the underlying under- lying stock index or financial instrument); (bc) the number of identical indentical Futures Contracts entered into; (cd) the delivery or settlement date of the Futures Contract(s); (de) the date the Futures Contract(s) was (were) entered into and the maturity date; (ef) whether the Fund is buying (going long) or selling (going short) on such Futures Contract(s); (fg) the amount of cash and/or the amount and kind of SecuritiesSecuri- ties, if any, to be deposited in the Segregated Senior Security AccountAccount for such Series; (gh) the name of the broker, dealer dealer, or futures commission merchant through which whom the Futures Contract Con- tract was entered into; and (hi) the amount of fee or commissioncommis- sion, if any, to be paid and the name of the broker, dealer dealer, or futures commission merchant to whom such amount is to be paid. The Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement. The Custodian shall make payment out of the moneys specifically allocated to such 18 Series of the fee or commission, if any, specified in the Certificate and deposit in the Segregated Senior Security Account for such Series the amount of cash and/or the amount and kind of Securities specified in said Certificate. (a) Any variation margin payment or similar payment pay- ment required to be made by the Fund to a broker, dealer dealer, or futures commission merchant with respect to an outstanding Futures Contract Contract, shall be made by the Custodian in accordance accor- dance with the terms and conditions of the Margin Account Agreement. (b) Any variation margin payment or similar payment pay- ment from a broker, dealer dealer, or futures commission merchant to the Fund with respect to an outstanding Futures Contract Contract, shall be received and dealt with by the Custodian in accordance accord- ance with the terms and conditions of the Margin Account Agreement.

Futures Contracts. 1. Whenever a Series of the Fund shall enter into a Futures Contract, the Fund shall deliver to the Custodian a Certificate specifying with respect to such Futures Contract (or with respect to any number of identical Futures Contract(s)): (a) the Series which entered into the Futures Contact; (b) the category of Futures Contract (the name of the underlying stock index or financial instrument); (bc) the number of identical Futures Contracts entered into; (cd) the delivery or settlement date of the Futures Contract(s); (de) the date the Futures Contract(s) was (were) entered into and the maturity date; (ef) whether the Fund Series is buying (going long) or selling (going short) on such Futures Contract(s); (fg) the amount of cash and/or the amount and kind of Securities, if any, to be deposited by the Custodian in a Margin Account with respect to such Futures Contract and the name in which such Margin Account has been, or is to be, established; (h) the amount of cash and/or the amount and kind of Securities, if any, to be deposited in the Segregated Senior Security AccountAccount for such Series; (gi) the name of the broker, dealer dealer, or futures commission merchant through which whom the Futures Contract was entered into; and (hj) the amount of fee or commission, if any, to be paid and the name of the broker, dealer dealer, or futures commission merchant to whom such amount is to be paid. The Upon receipt of confirmation of purchase or sale of Futures Contracts as provided in the Margin Account Agreement, the Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement. The Custodian shall make payment out of the assets of such Series of the fee or commission, if any, specified in the Certificate and deposit in the Segregated Senior Security Account for such Series the amount of cash and/or the amount and kind of Securities specified in said Certificate. (a2(a) Any variation margin payment or similar payment required to be made by the Fund Series to a broker, dealer dealer, or futures commission merchant with respect to an outstanding Futures Contract Contract, shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement. (b2(b) Any variation margin payment or similar payment from a broker, dealer dealer, or futures commission merchant to the Fund Series with respect to an outstanding Futures Contract Contract, shall be received and dealt with by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Futures Contracts. 1. Whenever the Fund shall enter into a Futures ContractCon- tract, the Fund shall deliver or cause the Administrator to deliver to the Custodian a Certificate specifying with respect to such Futures Contract Contract, (or with respect to any number of identical Futures Contract(s)): (a) the Series for which the Futures Contract is being entered; (b) the category of Futures Contract (the name of the underlying stock index or financial instrument); (bc) the number of identical Futures Contracts entered into; (cd) the delivery or settlement date of the Futures Fu- tures Contract(s); (de) the date the Futures Contract(s) was (were) entered into and the maturity date; (ef) whether the Fund is buying (going long) or selling (going short) on such Futures Contract(s); (fg) the amount of cash and/or the amount and kind of Securities, if any, to be deposited in the Segregated Senior Security AccountAccount for such Series; (gh) the name of the broker, dealer dealer, or futures commission merchant through which whom the Futures Contract was entered into; and (hi) the amount of fee or commission, if any, to be paid and the name of the broker, dealer dealer, or futures commission merchant to whom such amount is to be paid. The Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement. The Custodian shall make payment out of the moneys specifically allocated to such Series of the fee or commission, if any, specified in the Certificate and deposit in the Segregated Senior Security Account for such Series the amount of cash and/or the amount and kind of Securities specified in said Certificate. (a) Any variation margin payment or similar payment required to be made by the Fund to a broker, dealer dealer, or futures commission merchant with respect to an outstanding Futures Contract Contract, shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement. (b) Any variation margin payment or similar payment from a broker, dealer dealer, or futures commission merchant to the Fund with respect to an outstanding Futures Contract Contract, shall be received and dealt with by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.

Futures Contracts. 1. Whenever the Fund shall enter into a Futures Contract, the Fund shall deliver to the Custodian a Certificate specifying with respect to such Futures Contract (or with respect to any number of identical Futures Contract(s)): (a) the category of Futures Contract (the name of the underlying stock index or financial instrument); (b) the number of identical Futures Contracts entered into; (c) the delivery or settlement date of the Futures Contract(s); (d) the date the Futures Contract(s) was (were) entered into and the maturity date; (e) whether the Fund is buying (going long) or or' selling (going short) on such Futures Contract(s); (f) the amount of cash and/or the amount and kind of Securities, if any, to be deposited in the Segregated Security Account; (g) the name of the broker, dealer or futures commission merchant through which the Futures Contract was entered into; and (h) the amount of fee or commission, if any, to be paid and the name of the broker, dealer or futures commission merchant to whom such amount is to be paid. The Custodian shall make the deposits, if any, to the Margin Account in accordance with the terms and conditions of the Margin Account Agreement. The Custodian shall make payment of the fee or commission, if any, specified in the Certificate and deposit in the Segregated Security Account the amount of cash and/or the amount and kind of Securities specified in said Certificate. (a) Any variation margin payment or similar payment required to be made by the Fund to a broker, dealer or futures commission merchant with respect to an outstanding Futures Contract shall be made by the Custodian in accordance with the terms and conditions of the Margin Account Agreement. (b) Any variation margin payment or similar payment from a broker, dealer or futures commission merchant to the Fund with respect to an outstanding Futures Contract shall be received and dealt with by the Custodian in accordance with the terms and conditions of the Margin Account Agreement.