Common use of Maintenance of Financial Assets at Subcustodian Locations Clause in Contracts

Maintenance of Financial Assets at Subcustodian Locations. (a) Unless Instructions require another location acceptable to Bank, Financial Assets will be held in the country or jurisdiction in which their principal trading market is located, where such Financial Assets may be presented for payment, where such Financial Assets were acquired, or where such Financial Assets are held in a Reported Depository. Bank reserves the right to refuse to accept delivery of Financial Assets or cash in countries and jurisdictions other than those referred to in Schedule 2 to this Agreement, as in effect from time to time. (b) Bank will not be obliged to follow an Instruction to hold Financial Assets with, or have them registered or recorded in the name of, any person not chosen by Bank or its Subcustodian. However, if Customer does instruct Bank to hold Financial Assets and/or cash with or register or record Financial Assets in the name of a person not chosen by Bank or its Subcutodian and Bank agrees to do so, except in a case in which registration or recording in the name of a person chosen by Bank or its Subcustodian would impose risks to Customer not present if registration or recordation were in a different name, the consequences of doing so are at Customer's own risk and Bank (i) will not be liable therefor and (ii) may not provide services under this Agreement with respect to Financial Assets s or cash so held, including, without limitation, services provided under Sections 2.8, 2.9, 2.10, and 8.2.

Maintenance of Financial Assets at Subcustodian Locations. (a) Unless Instructions require another location acceptable to Bank, Financial Assets will be held in the country or jurisdiction in which their principal trading market is located, where such Financial Assets may be presented for payment, where such Financial Assets were acquired, or where such Financial Assets are held in a Reported Depositoryheld. Bank reserves the right to refuse to accept delivery of Financial Assets or cash in countries and jurisdictions other than those referred to in Schedule 2 to this Agreementthe subscustodians’ list located on xxxx://xxxxxxxxxxxxxxxxxx.xxxxxxxx.xxx, as in effect amended from time to timetime (the “Subcustodians List”). (b) Bank will not be obliged to follow an Instruction to hold Financial Assets with, or have them registered or recorded in the name of, any person not chosen by Bank or its SubcustodianBank. However, if Customer does instruct Bank to hold Financial Assets Securities and/or cash with or register or record Financial Assets Securities in the name of a person not chosen by Bank or its Subcutodian and Bank agrees to do so, except in a case in which registration or recording in the name of a person chosen by Bank or its Subcustodian would impose risks to Customer not present if registration or recordation were in a different name, the consequences of doing so are at Customer's ’s own risk and Bank (i) will not be liable therefor and (ii) may not provide services under this Agreement with respect to Financial Assets s Securities or cash so held, including, without limitation, services provided under Sections 2.8, 2.9, 2.102.11, and 8.2.

Maintenance of Financial Assets at Subcustodian Locations. (a) Unless Instructions require another location reasonably acceptable to Bank, Financial Assets will be held in the country or jurisdiction in which their principal trading market is located, where such Financial Assets may be presented for payment, where such Financial Assets were acquired, or where such Financial Assets are held in a Reported Depository. Bank reserves the right to refuse to accept delivery of Financial Assets or cash in countries and jurisdictions other than those referred to in Schedule 2 to this Agreement, as in effect from time to time. (b) Bank will not be obliged to follow an Instruction to hold Financial Assets with, or have them registered or recorded in the name of, any person not chosen by Bank or its Subcustodian. However, if Customer does instruct Bank to hold Financial Assets and/or cash with or register or record Financial Assets in the name of a person not chosen by Bank or its Subcutodian Subcustodian and Bank agrees to do so, except in a case in which registration or recording in the name of a person chosen by Bank or its Subcustodian would impose risks to Customer not present if registration or recordation were in a different name, the consequences of doing so are at Customer's ’s own risk and Bank (i) will not be liable therefor and (ii) may not provide services under this Agreement with respect to Financial Assets s or cash so held, including, without limitation, services provided under Sections 2.7, 2.8, 2.9, 2.10, and 8.2.

Maintenance of Financial Assets at Subcustodian Locations. (a) Unless Instructions require another location acceptable to Bank, Financial Assets will be held in the country or jurisdiction in which their principal trading market is located, where such Financial Assets may be presented for payment, where such Financial Assets were acquired, or where such Financial Assets are held in a Reported Depositoryheld. Bank reserves the right to refuse to accept delivery of Financial Assets or cash in countries and jurisdictions other than those referred to in Schedule 2 A to this Agreement, as in effect from time to time. (b) Bank will not be obliged to follow an Instruction to hold Financial Assets with, or have them registered or recorded in the name of, any person not chosen by Bank or its SubcustodianBank. However, if Customer does instruct Bank to hold Financial Assets Securities and/or cash with or register or record Financial Assets Securities in the name of a person not chosen by Bank or its Subcutodian and Bank agrees to do so, except in a case in which registration or recording in the name of a person chosen by Bank or its Subcustodian would impose risks to Customer not present if registration or recordation were in a different name, the consequences of doing so are at Customer's ’s own risk and Bank (i) will not be liable therefor therefore and (ii) may not provide services under this Agreement with respect to Financial Assets s Securities or cash so held, including, without limitation, services provided under Sections 2.8, 2.9, 2.10, and 8.2.

Maintenance of Financial Assets at Subcustodian Locations. (a) Unless Instructions require another location acceptable to Bank, Financial Assets will be held in the country or jurisdiction in which their principal trading market is located, where such Financial Assets may be presented for payment, where such Financial Assets were acquired, or where such Financial Assets are held in a Reported Depositoryheld. Bank reserves the right to refuse to accept delivery of Financial Assets or cash in countries and jurisdictions other than those referred to in Schedule 2 to this Agreementthe subscustodians’ list located on hxxx://xxxxxxxxxxxxxxxxxx.xxxxxxxx.xxx, as in effect amended from time to timetime (the “Subcustodians List”). (b) Bank will not be obliged to follow an Instruction to hold Financial Assets with, or have them registered or recorded in the name of, any person not chosen by Bank or its SubcustodianBank. However, if Customer does instruct Bank to hold Financial Assets Securities and/or cash with or register or record Financial Assets Securities in the name of a person not chosen by Bank or its Subcutodian and Bank agrees to do so, except in a case in which registration or recording in the name of a person chosen by Bank or its Subcustodian would impose risks to Customer not present if registration or recordation were in a different name, the consequences of doing so are at Customer's ’s own risk and Bank (i) will not be liable therefor and (ii) may not provide services under this Agreement with respect to Financial Assets s Securities or cash so held, including, without limitation, services provided under Sections 2.8, 2.9, 2.102.11, and 8.2.

Maintenance of Financial Assets at Subcustodian Locations. (a) Unless Instructions require another location reasonably acceptable to Bank, Financial Assets will be held in the country or jurisdiction in which their principal trading market is located, where such Financial Assets may be presented for payment, where such Financial Assets were acquired, or where such Financial Assets are held in a Reported Depository. Bank reserves the right to refuse to accept delivery of Financial Assets or cash in countries and jurisdictions other than those referred to in Schedule 2 to this Agreement, as in effect from time to time. (b) Bank will not be obliged to follow an Instruction to hold Financial Assets with, or have them registered or recorded in the name of, any person not chosen by Bank or its Subcustodian. However, if Customer does instruct Bank to hold Financial Assets and/or cash with or register or record Financial Assets in the name of a person not chosen by Bank or its Subcutodian Subcustodian and Bank agrees to do so, except in a case in which registration or recording in the name of a person chosen by Bank or its Subcustodian would impose risks to Customer not present if registration or recordation were in a different name, the consequences of doing so are at Customer's own risk and Bank (i) will not be liable therefor and (ii) may not provide services under this Agreement with respect to Financial Assets s or cash so held, including, without limitation, services provided under Sections 2.8, 2.9, 2.10, and 8.2.

Maintenance of Financial Assets at Subcustodian Locations. (a) Unless Instructions require another location acceptable to Bank, Financial Assets will be held in the country or jurisdiction in which their principal trading market is located, where such Financial Assets may be presented for payment, where such Financial Assets were acquired, or where such Financial Assets are held in a Reported Depositoryotherwise held. Bank reserves the right to refuse to accept delivery of Financial Assets or cash in countries and jurisdictions other than those referred to in Schedule 2 to this Agreementthe subscustodians’ list located on xxxx://xxxxxxxxxxxxxxxxxx.xxxxxxxx.xxx, as in effect amended from time to timetime (the “Subcustodians List”). (b) Bank will not be obliged to follow an Instruction to hold Financial Assets with, or have them registered or recorded in the name of, any person not chosen by Bank or its SubcustodianBank. However, if Customer does instruct Bank to hold Financial Assets Securities and/or cash with or register or record Financial Assets Securities in the name of a person not chosen by Bank or its Subcutodian and Bank agrees to do so, except in a case in which registration or recording in the name of a person chosen by Bank or its Subcustodian would impose risks to Customer not present if registration or recordation were in a different name, the consequences of doing so are at Customer's ’s own risk and Bank (i) will not be liable therefor and (ii) may not provide services under this Agreement with respect to Financial Assets s Securities or cash so held, including, without limitation, services provided under Sections 2.8, 2.9, 2.102.11, and 8.2.

Maintenance of Financial Assets at Subcustodian Locations. (a) Unless Instructions require another location acceptable to Bank, Financial Assets will be held in the country or jurisdiction in which their principal trading market is located, where such Financial Assets may be presented for payment, where such Financial Assets were acquired, or where such Financial Assets are held in heldin a Reported Depository. Bank reserves the right to refuse to accept delivery of Financial Assets or cash in countries and jurisdictions other than those referred to in Schedule 2 to this Agreement, as in effect from time to time. (b) Bank will not be obliged to follow an Instruction to hold Financial Assets with, or have them registered or recorded in the name of, any person not chosen by Bank or Bankor its Subcustodian. However, if Customer does instruct Bank to hold Financial Assets and/or cash with or register or record Financial Assets in the name of a person not chosen by Bank or its Subcutodian and Bank agrees to do so, except in a case in which registration or recording in the name of a person chosen by Bank or its Subcustodian would impose risks to Customer not present if registration or recordation were in a different name, the consequences of doing so are at Customer's ’s own risk and Bank (i) will not be liable therefor and (ii) may not provide services under this Agreement with respect to Financial Assets s or cash so held, including, without limitation, services provided under Sections 2.8, 2.9, 2.10, and 8.2.