INTEREST BEARING CALL OR TIME. Deposits The Custodian shall, upon receipt of proper instructions, place interest bearing fixed ter and call deposits with the banking department of such banking institution (other than the Custodian) and in such amounts as the Fund may designate. Deposits may be denominated in U.S. Dollars or other currencies. The Custodian shall include in its records with respect to the assets of the Fund appropriate notation as to the amount and currency of each such deposit, the accepting banking institution and other appropriate details and shall retain such forms of advice or receipt evidencing the deposit, if any, as may be forwarded to the Custodian by the banking institution. Such deposits shall be deemed portfolio securities of the applicable Fund for the purposes of this Agreement, and the Custodian shall be responsible for the collection of income from such accounts and the transmission of cash to and from such accounts. U. Options, Futures Contracts and Foreign Currency Transactions
Appears in 4 contracts
Samples: Master Custodian Agreement (John Hancock Investment Trust Ii), Master Custodian Agreement (Hancock John Strategic Series), Master Custodian Agreement (Hancock John California Tax Free Income Fund)
INTEREST BEARING CALL OR TIME. Deposits The Custodian shall, upon receipt of proper instructions, place interest bearing fixed ter term and call deposits with the banking department of such banking institution (other than the Custodian) and in such amounts as the Fund may designate. Deposits may be denominated in U.S. Dollars or other currencies. The Custodian shall include in its records with respect to the assets of the Fund appropriate notation as to the amount and currency of each such deposit, the accepting banking institution and other appropriate details and shall retain such forms of advice or receipt evidencing the deposit, if any, as may be forwarded to the Custodian by the banking institution. Such deposits shall be deemed portfolio securities of the applicable Fund for the purposes of this Agreement, and the Custodian shall be responsible for the collection of income from such accounts and the transmission of cash to and from such accounts. U. Options, Futures Contracts and Foreign Currency Transactions
Appears in 4 contracts
Samples: Master Custodian Agreement (Hancock John Tax Free Bond Trust), Master Custodian Agreement (Hancock John Series Trust), Master Custodian Agreement (Hancock John Cash Reserve Inc)
INTEREST BEARING CALL OR TIME. Deposits The Custodian shall, upon receipt of proper instructions, place interest bearing fixed ter term and call deposits with the banking department of such banking institution (other than the Custodian) and in such amounts as the Fund Trust may designate. Deposits may be denominated in U.S. Dollars or other currencies. The Custodian shall include in its records with respect to the assets of the Fund Trust appropriate notation as to the amount and currency of each such deposit, the accepting banking institution and other appropriate details and shall retain such forms of advice or receipt evidencing the deposit, if any, as may be forwarded to the Custodian by the banking institution. Such deposits shall be deemed portfolio securities of the applicable Fund Trust for the purposes of this Agreement, and the Custodian shall be responsible for the collection of income from such accounts and the transmission of cash to and from such accounts. U. Options, Futures Contracts and Foreign Currency Transactions
Appears in 1 contract
Samples: Master Custodian Agreement (Kentucky Tax Free Portfolio)
