Common use of Limitations on Placement of Foreign Assets Clause in Contracts

Limitations on Placement of Foreign Assets. A Fund shall not place or maintain any of the Fund's Foreign Assets in any country, and shall as promptly as practicable withdraw the Fund's Foreign Assets from any country, that is identified in the Global Custody Network Listing provided by the Custodian (or the Domestic Subcustodian) as a country where the liability or responsibility of the Approved Foreign Custody Manager or the Custodian (or the Domestic Subcustodian) is conditioned or predicated on the ability of the Approved Foreign Custody Manager or the Custodian (or the Domestic Subcustodian) to recover damages from the Foreign Subcustodian in such country. 7. The Agreement is further amended by deleting Subsection 6(b) in its entirety and inserting the following amended Subsection 6(b) in its place:

Appears in 3 contracts

Samples: Custody Agreement (Aegis Value Fund Inc), Custody Agreement (Security Income Fund /Ks/), Custody Agreement (Wasatch Funds Inc)

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Limitations on Placement of Foreign Assets. A Fund shall not place or maintain any of the Fund's ’s Foreign Assets in any country, and shall as promptly as practicable withdraw the Fund's ’s Foreign Assets from any country, that is identified in the Global Custody Network Listing provided by the Custodian (or the Domestic Subcustodian) as a country where the liability or responsibility of the Approved Foreign Custody Manager or the Custodian (or the Domestic Subcustodian) is conditioned or predicated on the ability of the Approved Foreign Custody Manager or the Custodian (or the Domestic Subcustodian) to recover damages from the Foreign Subcustodian in such country. 78. The Agreement is further amended by deleting Subsection 6(b) in its entirety and inserting the following amended Subsection 6(b) in its place:

Appears in 2 contracts

Samples: Custody Agreement (Ocm Mutual Fund), Custody Agreement (Oberweis Funds)

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Limitations on Placement of Foreign Assets. A Fund shall not place or maintain any of the Fund's Foreign Assets in any country, and shall as promptly as practicable withdraw the Fund's Foreign Assets from any country, that is identified in the Global Custody Network Listing provided by the Custodian (or the Domestic Subcustodian) as a country where the liability or responsibility of the Approved Foreign Custody Manager or the Custodian (or the Domestic Subcustodian) is conditioned or predicated on the ability of the Approved Foreign Custody Manager or the Custodian (or the Domestic Subcustodian) to recover damages from the Foreign Subcustodian in such country. 78. The Agreement is further amended by deleting Subsection 6(b) in its entirety and inserting the following amended Subsection 6(b) in its place:

Appears in 2 contracts

Samples: Custody Agreement (Cheswold Lane Funds), Custody Agreement (Oberweis Fund)

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