Investment Limitations Sample Clauses
Investment Limitations. If the Custodian has otherwise complied with the terms and conditions of this Agreement in performing its duties generally, and more particularly in connection with the purchase, sale or exchange of securities made by or for a Portfolio, the Custodian shall not be liable to the applicable Fund and such Fund agrees to indemnify the Custodian and its nominees, for any loss, damage or expense suffered or incurred by the Custodian and its nominees arising out of any violation of any investment or other limitation to which such Fund is subject.
Investment Limitations. In performing its duties hereunder the Custodian may assume, unless and until it receives special Instructions to the contrary (a "Contrary Notice"), that Proper Instructions received by it are not in conflict with or in any way contrary to any investment or other limitation applicable to any of the Funds. The Custodian shall in no event be liable to the Funds and shall be indemnified by the Funds for any loss, damage or expense to the Custodian arising out of any violation of any investment or other limitation to which any Fund is subject, except to the extent that such loss, damage or expense: (i) relates to a violation of any investment or other limitation of a Fund occurring after receipt by the Custodian of a Contrary Notice; or (ii) arises from a breach of this Agreement by the Custodian.
Investment Limitations. If the Custodian has otherwise complied with the terms and conditions of this Agreement in performing its duty generally, and more particularly in connection with the purchase, sale or exchange of securities made by or for the Fund, the Custodian shall not be liable to the Fund and the Fund agrees to indemnify the Custodian and its nominees, for any loss, damage or expense suffered or incurred by the Custodian and its nominees arising out of any violation of any investment or other limitation to which the Fund is subject except for violations of which the Custodian has actual knowledge. For purposes of this Section 5.04 the term "actual knowledge" shall mean knowledge gained by the Custodian by means other than from any prospectus published by the Fund or contained in any filing by the Fund with the SEC.
Investment Limitations. In performing its duties generally, and more particularly in connection with the purchase, sale and exchange of securities made by or for the Fund, the Custodian may assume unless and until notified in writing to the contrary that proper instructions received by it are not in conflict with or in any way contrary to any provisions of the Fund's Declaration of Trust or Certificate of Incorporation or By-Laws (or comparable documents) or votes or proceedings of the shareholders or Directors of the Fund. The Custodian shall in no event be liable to the Fund and shall be indemnified by the Fund for any violation which occurs in the course of carrying out instructions given by the Fund of any investment limitations to which the Fund is subject or other limitations with respect to the Fund's powers to make expenditures, encumber securities, borrow or take similar actions affecting the Fund.
Investment Limitations. In performing its duties generally, and more particularly in connection with the purchase, sale and exchange of securities made by or for the Fund, the Custodian may assume, unless and until notified in writing to the contrary, that Proper Instructions received by it are not in conflict with or in any way contrary to any provisions of the Fund's Declaration of Trust or By-Laws (or comparable documents) or votes or proceedings of the shareholders or Trustees of the Fund. The Custodian shall in no event be liable to the Fund and shall be indemnified by the Fund for any violation of any investment limitations to which the Fund is subject or other limitations with respect to the Fund's powers to expend funds, encumber securities, borrow or take similar actions affecting its portfolio.
Investment Limitations. In performing its duties generally, and more particularly in connection with the purchase, sale and exchange of securities made by or for the Fund, the Custodian may assume unless and until notified in writing to the contrary that proper instructions received by it are not in conflict with or in any way contrary to any provisions of the Fund's Articles of Incorporation or By-Laws (or comparable documents) or votes or proceedings of the shareholders or Directors of the Fund. The Custodian shall in no event be liable to the Fund and shall be indemnified by the Fund for any violation which occurs in the course of carrying out instructions given by the Fund of any investment limitations to which the Fund is subject or other limitations with respect to the Fund's powers to make expenditures, encumber securities, borrow or take similar actions affecting its portfolio.
Investment Limitations. 22 5.5. Fund's Right to Proceed............................................................. 22 ARTICLE VI
Investment Limitations. In performing its duties generally, and more particularly in connection with the purchase, sale and exchange of securities made by or for a Fund, the Subcustodian may assume unless and until notified in writing to the contrary that proper instructions received by it are not in conflict with or in any way contrary to any provisions of the Fund's Declaration of Trust or Certificate of Incorporation or By-Laws (or comparable documents) or votes or proceedings of the shareholders or Trustees or Directors of the Fund. The Subcustodian shall in no event be liable to the Custodian or any Fund and shall be indemnified by the Custodian and the Fund for any violation which occurs in the course of carrying out instructions given by the Custodian or the Fund of any investment limitations to which the Fund is subject or other limitations with respect to the Fund's powers to make expenditures, encumber securities, borrow or take similar actions affecting the Fund.
Investment Limitations. The Fund may not invest in the Prohibited Sectors or more than the Maximum Portfolio Investment Percentage of Total Capital Commitments in any single Portfolio Company.
Investment Limitations. Aeltus shall invest the assets of each PPF subject to the following limitations:
(a) all Cash Associated with Futures shall be invested in Cash Equivalents;
(b) each PPF shall hold Cash Equivalents having Market Value at all times at least equal to Cash Associated with Futures with respect to such PPF;
(c) the Market Value of all Cash Equivalents held by such PPF (less Cash Associated with Futures and Cash Margin with respect to such PPF) on any Valuation Date shall not exceed 4% of the Total Asset Value with respect to such PPF on such Valuation Date;
(d) no Cash Equivalent or U.S. Treasury or Agency Zero held by any PPF shall mature after the Maturity Date with respect to such PPF;
(e) at the time of any investment in Corporate Bonds by a PPF, no more than 2% of the Total Asset Value of such PPF shall be invested in Corporate Bonds issued by a particular issuer or its affiliates;
(f) the Notional Value of all U.S. Treasury Futures held by a PPF shall not exceed 50% of the Market Value of all Corporate Bonds held by such PPF on any Valuation Date;
(g) on any Valuation Date, the Portfolio Duration of the Corporate Bonds and U.S. Treasury Futures held by a PPF shall not be greater than the Theoretical Zero Modified Duration of such PPF nor less than the Theoretical Zero Modified Duration of such PPF minus 0.25;
(h) the aggregate Market Value of all Index Futures held by a PPF on any Valuation Date shall not exceed 20% of the sum of (i) the aggregate Market Value of all such Index Futures and (ii) the aggregate Market Value of all Index Equities held by such PPF on such Valuation Date;
(i) any Corporate Bond held by a PPF rated less than AA- by S&P or less than Aa3 by Moody's shall be sold by such PPF with 15 Business Days following the public announcement of such rating, and
(j) no investment shall be made in securities issued by Aetna Inc.