INCOME COLLECTION (AUTOCREDIT(R)). (a) Bank will credit the Cash Account with income and redemption proceeds on Financial Assets in accordance with the times notified by Bank from time to time on or after the anticipated payment date, net of any taxes that are withheld by Bank or any third party. Where no time is specified for a particular market, income and redemption proceeds from Financial Assets will be credited only after actual receipt and reconciliation. Bank may reverse such credits upon oral or written notification to Customer that Bank believes that the corresponding payment will not be received by Bank within a reasonable period or such credit was incorrect.
Appears in 11 contracts
Samples: Global Custody Agreement (Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.), Country Sub (Morgan Stanley Information Fund), Custody Agreement (Oppenheimer Real Asset Fund)
