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 X.X. Xxxxxx, 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 located. X.X. Xxxxxx reserves the right to refuse to accept delivery of Financial Assets or cash in countries and jurisdictions other than those referred to in 0 - List of Subcustodians and Markets Used by X.X. Xxxxxx, as in effect from time to time. X.X. Xxxxxx may modify 0 – List of Subcustodians and Markets Used by X.X. Xxxxxx from time to time upon notice to the Customer. (b) X.X. Xxxxxx reserves the right to restrict the services it provides in certain markets that are deemed by X.X. Xxxxxx to be restricted markets from time to time. A current list of these markets, and a summary of the related restrictions, is set forth on Schedule 2 - List of X.X. Xxxxxx Investor Services Custody Restricted Markets. X.X. Xxxxxx may update Schedule 2 - List of X.X. Xxxxxx Investor Services Custody Restricted Markets from time to time upon notice to the Customer.

Maintenance of Financial Assets at Subcustodian Locations. (a) Unless Instructions require another location acceptable to X.X. Xxxxxx, 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 located. X.X. Xxxxxx reserves the right to refuse to accept delivery of Financial Assets or cash in countries and jurisdictions other than those referred to in 0 - Schedule 3 – List of Subcustodians and Markets Used by X.X. Xxxxxx, as in effect from time to time. X.X. Xxxxxx may modify 0 Schedule 3 – List of Subcustodians and Markets Used by X.X. Xxxxxx from time to time upon notice to the Customer. X.X. Xxxxxx shall not use a Subcustodian to hold U.S. domestic Financial Assets unless specifically instructed by the Customer. To the extent the Customer instructs X.X. Xxxxxx to use a Subcustodian to hold U.S. domestic Financial Assets, X.X. Xxxxxx will act in accordance with the applicable provisions of Rule 17f-4 under the 1940 Act. (b) X.X. Xxxxxx reserves the right to restrict the services it provides in certain markets that are deemed by X.X. Xxxxxx to be restricted markets from time to time. A current list of these markets, and a summary of the related restrictions, is set forth on Schedule 2 - 4 – List of X.X. Xxxxxx Investor Services Custody Restricted Markets. X.X. Xxxxxx may update Schedule 2 - List of 4 – X.X. Xxxxxx Investor Services Custody Restricted Markets from time to time upon written notice to the Customer.