Maintenance of Transaction Accounts. (a) Repo Custodian shall establish and maintain one or more Transaction Accounts for the purpose of effecting repurchase transactions hereunder for the Funds, in each case pursuant to the Master Agreement. From time to time the Funds may cause Custodian, on behalf of the Funds, to deposit Securities and cash with Repo Custodian in the designated Transaction Account, in each case in accordance with Paragraph 3 of the Master Agreement.
Appears in 139 contracts
Samples: Repo Custodian Agreement (Variable Insurance Products Fund Ii), Repo Custodian Agreement (Variable Insurance Products Iii), Repo Custodian Agreement (Fidelity Advisor Series I)
