Common use of INVESTMENT AND AVAILABILITY OF FEDERAL Clause in Contracts

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 33 contracts

Samples: Custodian Agreement (Asian Small Companies Portfolio), Master Custodian Agreement (Massachusetts Tax Free Portfolio), Master Custodian Agreement (Maryland Tax Free Portfolio)

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INVESTMENT AND AVAILABILITY OF FEDERAL. Funds 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 10 contracts

Samples: Custodian Agreement (Emerging Markets Portfolio), Master Custodian Agreement (High Grade Income Portfolio), Master Custodian Agreement (Capital Growth Portfolio)

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