Common use of Investments, Limitations Clause in Contracts

Investments, 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, State Street may take cognizance of the provisions of the Declaration of Trust of the Fund, as amended; provided, however, that except as otherwise expressly provided herein, State Street may assume unless and until notified in writing to the contrary that instructions purporting to be Proper Instructions received by it are not in conflict with or in any way contrary to any provision of the Declaration of Trust of the Fund, as amended, or resolutions or proceedings of the Board of Trustees of the Fund.

Investments, 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, State Street may take cognizance of the provisions of the Declaration of Trust of the Fund, as amended; provided, however, that except as otherwise expressly provided herein, State Street may assume unless and until notified in writing to the contrary that instructions purporting to be Proper Instructions proper instructions received by it are not in conflict with or in any way contrary to any provision of the Declaration of Trust of the Fund, as amended, or resolutions or proceedings of the Board of Trustees of the Fund.

Investments, 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, State Street may take cognizance of the provisions of the Declaration of Trust of the Fund, as amended; provided, however, that that, except as otherwise expressly provided herein, State Street may assume unless and until notified in writing to the contrary that instructions purporting to be Proper Instructions received by it are not in conflict with or in any way contrary to any provision of the Declaration of Trust of the Fund, as amended, or resolutions or proceedings of the Board of Trustees of the Fund.

Investments, 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, State Street may take cognizance of the provisions of the Agreement and Declaration of Trust of the Fund, Fund as from time to time amended; provided, however, that except as otherwise expressly provided herein, State Street it may assume unless and until notified in writing to the contrary that instructions purporting to be Proper Instructions proper instructions received by it are not in conflict with or in any way contrary to any provision of the Agreement and Declaration of Trust and By-Laws of the Fund, Fund as amended, or resolutions or proceedings of the Board of Trustees of the Fund.

Investments, 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, State Street may take cognizance of the provisions of the Declaration of Trust and By-Laws of the Fund, both as amended; provided, however, that except as otherwise expressly provided herein, State Street may assume unless and until notified in writing to the contrary that instructions purporting to be Proper Instructions proper instructions received by it are not in conflict with or in any way contrary to any provision of the Declaration of Trust and By-Laws of the Fund, both as amended, or resolutions or proceedings of the Board board of Trustees trustees of the Fund.

Investments, Limitations. In performing its duties generally, and more particularly in connection with the purchase, sale and exchange of securities made by or for the Fundfund, State Street state street may take cognizance of the provisions of the Declaration declaration of Trust the trust of the Fund, as amended; provided, however, that except as otherwise expressly provided herein, State Street may assume unless and ar,d until notified in writing to the contrary that instructions purporting to be Proper Instructions proper instructions received by it are not in conflict with or in any way contrary to any provision of the Declaration of Trust of the Fund, as amended, or resolutions or proceedings of the Board of Trustees of the Fund.

Investments, Limitations. In performing its duties generally, and more ------------------------ particularly in connection with the purchase, sale and exchange of securities made by or for the Fundeach Series, State Street may take cognizance congnizance of the provisions of the Agreement and Declaration of Trust of the Fund, Fund as from time to time amended; provided, however, that except as otherwise expressly provided herein, State Street it may assume unless and until notified in writing to the contrary that instructions purporting to be Proper Instructions proper instructions received by it are not in conflict with or in any way contrary to any provision of the Agreement and Declaration of Trust and By-Laws of the Fund, Fund as amended, or resolutions or proceedings of the Board of Trustees of the Fund.