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Common use of Futures Clause in Contracts

Futures. For delivery in accordance with the provisions of any agreement among the Fund, the Custodian, and a Futures Commission Merchant registered under the Commodity Exchange Act, relating to compliance with the rules of the Commodity Futures Trading Commission and/or any Contract Market, any similar organization or organizations, or the Investment Company Act of 1940, regarding account deposits in connection with transactions by the Fund; 14) In-Kind Distributions. Upon receipt of instructions from the transfer agent ("Transfer Agent") for the Fund, for delivery to such Transfer Agent or to the holders of shares in connection with distributions in kind, as may be described from time to time in the Fund's currently effective prospectus and statement of additional information ("prospectus"), in satisfaction of requests by holders of Shares for repurchase or redemption;

Appears in 22 contracts

Samples: Custodian Agreement (Price T Rowe Tax Free Insured Intermediate Bond Fund Inc), Custodian Agreement (Price T Rowe New Horizons Fund Inc), Custodian Agreement (Price T Rowe Otc Fund Inc)