Common use of Investment and Availability of Federal Funds Clause in Contracts

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 18 contracts

Samples: Custodian Contract (Scudder Mutual Funds Inc), Custodian Contract (Scudder Variable Life Investment Fund/Ma/), Custodian Contract (Scudder Tax Free Money Fund)

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Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructionsProper Instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 17 contracts

Samples: Custodian Contract (Babson David L Growth Fund Inc), Custodian Contract (Acm Government Income Fund Inc), Custodian Contract (State Street Research Money Market Trust)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the partiesProper Instructions, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 15 contracts

Samples: Custodian Contract (Nomura Pacific Basin Fund Inc), Custodian Contract (Fiduciary Management Associates), Custodian Contract (Alliance Global Small Cap Fund Inc)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such securities and instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 11 contracts

Samples: Custodian Agreement (Eaton Vance Short Duration Diversified Income Fund), Custodian Agreement (Eaton Vance Tax-Managed Diversified Equity Income Fund), Custodian Agreement (Eaton Vance Risk-Managed Diversified Equity Income Fund)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructionsProper Instructions, which may be continuing instructions when deemed appropriate by invest all federal funds received after a time agreed upon between the parties, 1) invest Custodian and the Fund in such securities and instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian received; and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's ’s account.

Appears in 11 contracts

Samples: Services Agreement (Eaton Vance High Income 2021 Target Term Trust), Master Custodian Agreement (Eaton Vance NextShares Trust), Master Custodian Agreement (Eaton Vance NextShares Trust II)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund Trust and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) , invest in such securities and instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's accountTrust.

Appears in 6 contracts

Samples: Custodian Agreement (Dividend Income Portfolio), Custodian Agreement (Global Opportunities Portfolio), Custodian Agreement (Emerging Markets Income Portfolio)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest invest, in such instruments as may be set forth in such instructions on the same day as received received, all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which checks are deposited into the Fund's account.

Appears in 4 contracts

Samples: Custodian Contract (CGM Trust), Custodian Contract (CGM Trust), Custodian Agreement (CGM Trust)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the partiesProper Instructions, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's ’s account.

Appears in 4 contracts

Samples: Custodian Contract (Royce Fund), Custodian Contract (RS Variable Products Trust), Custodian Contract (RS Variable Products Trust)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the partiesProper Instructions, (1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and (2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 3 contracts

Samples: Custodian Contract (American National Growth Fund Inc), Custodian Contract (Sm&r Capital Funds Inc), Custodian Contract (American National Income Fund Inc)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, (1) invest in such instruments as may be set forth in such instructions instructions, on the same day as received received, all federal funds received after a time agreed upon between the Custodian and the Fund; and (2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 3 contracts

Samples: Custodian Agreement (Wt Investment Trust I), Custodian Agreement (Wt Mutual Fund), Custodian Agreement (Wt Mutual Fund)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund on behalf of the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties,Proper Instructions: 1) invest invest, in such instruments as may be set forth in such instructions on the same day as received received, all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 3 contracts

Samples: Custodian Contract (Legg Mason Special Investment Trust Inc), Custodian Contract (Legg Mason Total Return Trust Inc), Custodian Contract (Legg Mason Value Trust Inc)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructionsProper Instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 3 contracts

Samples: Custodian Contract (American Aadvantage Funds), Custodian Contract (Usaa Mutual Fund Inc), Custodian Contract (New Economy Fund)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such securities and instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's ’s account.

Appears in 3 contracts

Samples: Custodian Agreement (Eaton Vance Tax-Advantaged Bond & Option Strategies Fund), Custodian Agreement (Eaton Vance Tax-Advantaged Bond & Option Strategies Fund), Custodian Agreement (Eaton Vance National Municipal Opportunities Trust)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the partiesProper Instructions, 1) invest in such instruments as may be set forth in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 2 contracts

Samples: Custodian Contract (Money Market Variable Account /Ma/), Custodian Contract (Money Market Variable Account /Ma/)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructionsProper Instructions, which may be continuing instructions when deemed appropriate by the parties, 1(i) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2, (ii) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 2 contracts

Samples: Custodian Contract (Prudential Allocation Fund), Custodian Contract (Prudential Municipal Bond Fund)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 2 contracts

Samples: Custodian Agreement (Painewebber Rma Money Fund Inc), Custodian Agreement (Painewebber Rma Tax Free Fund Inc)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund Trust and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such instruments as may be set forth in such instructions instructions, on the same day as received received, all federal funds received after a time agreed upon between the Custodian and the FundTrust; and 2) make federal funds available to each Fund of the Fund Trust, as of specified times agreed upon from time to time by the Fund Trust and the Custodian Custodian, in an amount equal to the amount of checks received in payment for Shares of the that Fund which are deposited into the that Fund's account.

Appears in 2 contracts

Samples: Custodian Agreement (Freedom Mutual Fund), Custodian Agreement (Freedom Group of Tax Exempt Funds)

Investment and Availability of Federal Funds. Upon mutual agreement -------------------------------------------- between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructionsProper Instructions, which may be continuing instructions when deemed appropriate by the parties, 1(i) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2, (ii) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Prudential Equity Income Fund)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructionsProper Instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund a Portfolio as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund such Portfolio which are deposited into the FundPortfolio's accountaccounts.

Appears in 1 contract

Samples: Custodian Contract (Painewebber Municipal Series /Ny/)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest invest, in such instruments instructions as may be set forth in such instructions on the same day as received received, all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which checks are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Agreement (CGM Capital Development Fund)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after before a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Hilliard Lyons Government Fund Inc)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such instruments as may be set forth in n such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Scudder Funds Trust)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructionsProper Instructions, which 1) Invest in such instruments as may be continuing instructions when deemed appropriate by the parties, 1) invest set forth in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and and 2) make Make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (MFS Growth Opportunities Fund)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, Custodian the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the partiesProper Instructions, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (American Aadvantage Mileage Funds)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the partiesProper Instructions, (1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and (2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund Series which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Sm&r Investments Inc)

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Investment and Availability of Federal Funds. Upon mutual agreement between between. the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Scudder Gnma Fund)

Investment and Availability of Federal Funds. Upon mutual agreement between the Corporation on behalf of the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties,Proper Instructions: 1) invest invest, in such instruments as may be set forth in such instructions on the same day as received received, all federal funds received after a prior to the time agreed upon between the Custodian and the FundCorporation; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund Corporation and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Legg Mason Income Trust Inc)

Investment and Availability of Federal Funds. Upon mutual agreement -------------------------------------------- between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructionsProper Instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund a Portfolio as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund such Portfolio which are deposited into the FundPortfolio's account.

Appears in 1 contract

Samples: Custodian Contract (Painewebber Series Trust)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by from the partiesFund, 1(a) invest in such instruments as may be set forth in such instructions on the same day as received all federal Federal funds received after a time agreed upon between the Custodian and the Fund in such instruments as may be requested by the Fund; and 2(b) make federal Federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Agreement (Scudder Fund Inc)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian,, the Custodian shall, upon the receipt of proper instructionsProper Instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) and make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Winter Harbor Fund)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructionsProper Instructions, which may be continuing instructions when deemed appropriate by the parties,: 1) invest . Invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make . Make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Fpa Perennial Fund Inc)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the partiesProper Instructions, (1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and and (2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Triflex Fund Inc)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest invest, in such instruments as may be set forth in such instructions on the same day as received received, all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks cheeks received in payment for Shares of the Fund which cheeks are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (CGM Trust)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the partiesProper Instructions, 1) invest in such instruments as may be set forth in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (MFS Series Trust Iv)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such instruments as may be set forth in such instructions instructions, on the same day as received received, all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Mallard Fund Inc)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper Proper instructions, which may be continuing instructions when deemed appropriate by the parties, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for for. Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Merrill Lynch Strategic Dividend Fund)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, Proper Instructions: 1) invest invest, in such instruments as may be set forth in such instructions on the same day as received received, all federal funds received after a prior to the time agreed upon between the Custodian and the Fund; and and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Fundamental Investors Inc)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, (1) invest in such instruments as may be set forth in such instructions instructions, on the same day as received received, all federal funds received after a time agreed upon between the Custodian and the Fund; and (2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares Interests of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Agreement (Wilmington Low Volatility Fund of Funds)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties,Proper Instructions: 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Global Government Plus Fund Inc)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructionsProper Instruments, which may be continuing instructions when deemed appropriate by the parties,: 1) invest . Invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make . Make federal funds available to the Fund as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund which are deposited into the Fund's account.

Appears in 1 contract

Samples: Custodian Contract (Fpa New Income Inc)

Investment and Availability of Federal Funds. Upon mutual agreement between the Fund and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the partiesProper Instructions, 1) invest in such instruments as may be set forth in such instructions on the same day as received all federal funds received after a time agreed upon between the Custodian and the Fund; and 2) make federal funds available to the Fund a Portfolio as of specified times agreed upon from time to time by the Fund and the Custodian in the amount of checks received in payment for Shares of the Fund such Portfolio which are deposited into the FundPortfolio's accountaccounts.

Appears in 1 contract

Samples: Custodian Contract (Painewebber Managed Investments Trust)

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