Investment and Availability of Federal Funds. Upon agreement between the Trust and the Custodian, the Custodian shall, upon the receipt of proper instructions, which may be continuing instructions when deemed appropriate by the parties, 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 Trust.
Appears in 6 contracts
Samples: Master Custodian Agreement (Dividend Income Portfolio), Master Custodian Agreement (Global Opportunities Portfolio), Master Custodian Agreement (Emerging Markets Income Portfolio)
Investment and Availability of Federal Funds. Upon mutual agreement between the Trust 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 securities and 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 Trust.Fund; and
Appears in 2 contracts
Samples: Custodian Contract (Money Market Variable Account /Ma/), Custodian Contract (Money Market Variable Account /Ma/)