Common use of Holding of Securities, Nominees, etc Clause in Contracts

Holding of Securities, Nominees, etc. Securities in an Account that ------------------------------------ are maintained by the Bank or any Subcustodian may be held directly by such entity in the name of the Fund, on behalf of a Portfolio, in its own name, in the name of its nominee or in bearer form. Securities that are maintained through a Subcustodian or are eligible for deposit in a securities system as provided above may be maintained with the Subcustodian or securities system, as the case may be, in an account for the Bank's or Subcustodian's customers. The Bank or Subcustodian, as the case may be, may combine certificates representing Securities held in an Account with certificates of the same issue held by it as fiduciary or as a custodian. In the event that any Securities in the name of the Bank or its nominee or held by one of its Subcustodians and registered in the name of such Subcustodian or its nominee are called for partial redemption by the issuer of such Security, the Bank may, subject to the rules or regulations pertaining to allocation of any securities depository in which such Securities been deposited, allot, or cause to be allotted, the called portion of the respective beneficial holders of such class of security in any manner the Bank deems to be fair and equitable.

Holding of Securities, Nominees, etc. Securities in an the Account that ------------------------------------ which are maintained held by the Bank Custodian or any Subcustodian subcustodian may be held directly by such entity in the name of the Fund, on behalf of a PortfolioCustomer, in its own name, in the name of its nominee or in bearer form. Securities that which are maintained through held with a Subcustodian subcustodian or are eligible for deposit in a securities system depository as provided above may be maintained with the Subcustodian subcustodian or securities systemdepository, as the case may be, in an account for the BankCustodian's or Subcustodiansubcustodian's customers. The Bank Custodian or Subcustodiansubcustodian, as the case may be, may combine certificates representing Securities held in an Account with certificates of the same issue held by it as fiduciary or as a custodian. In the event that any Securities in the name of the Bank Custodian or its nominee or held by one of its Subcustodians subcustodians and registered in the name of such Subcustodian subcustodian or its nominee are called for partial redemption by the issuer of such Security, the Bank Custodian may, subject to the rules or regulations pertaining to allocation of any securities depository in which such Securities have been deposited, allot, or cause to be allotted, the called portion of to the respective beneficial holders of such class of security in any manner the Bank Custodian deems to be fair and equitable.

Holding of Securities, Nominees, etc. Securities in an the Account that ------------------------------------ which are maintained held by the Bank Custodian or any Subcustodian subcustodian may be held directly by such entity in the name of the Fund, on behalf of a PortfolioCustomer, in its own name, in the name of its nominee or in bearer form. Securities that which are maintained through held with a Subcustodian subcustodian or are eligible for deposit in a securities system depository as provided above may be maintained with the Subcustodian subcustodian or securities systemdepository, as the case may be, in an account for the BankCustodian's or Subcustodiansubcustodian's customers. The Bank Custodian or Subcustodiansubcustodian, as the case may be, may combine certificates representing Securities held in an Account with certificates of the same issue held by it as fiduciary or as a custodian. In the event that any Securities in the name of the Bank Custodian or its nominee or held by one of its Subcustodians subcustodians and registered in the name of such Subcustodian subcustodian or its nominee are called for partial redemption by the issuer of or such Security, the Bank Custodian may, subject to the rules or regulations pertaining to allocation of any securities depository in which such Securities have been deposited, allot, or cause to be allotted, the called portion of to the respective beneficial holders of such class of security in any manner the Bank Custodian deems to be fair and equitable.

Holding of Securities, Nominees, etc. Securities in an Account that ------------------------------------ are maintained held by the Bank or any Subcustodian may be held directly by such entity in the name of the Fund, on behalf of a Portfolio, in its own name, in the name of its nominee or in bearer form. Securities that are maintained through hold with a Subcustodian or are eligible for deposit in a securities system as provided above may be maintained with the Subcustodian or securities system, as the case may be, in an account for the Bank's or Subcustodian's customers. The Bank or Subcustodian, as the case may be, may combine certificates representing Securities held in an Account with certificates of the same issue held by it as fiduciary or as a custodian. In the event that any Securities in the name of the Bank or its nominee or held by one of its Subcustodians and registered in the name of such Subcustodian or its nominee are called for partial redemption by the issuer of such Security, the Bank may, subject to the rules or regulations pertaining to allocation of any securities depository in which such Securities have been deposited, allot, or cause to be allotted, the called portion of the respective beneficial holders of such class of security in any manner the Bank deems to be fair and equitable.