Common use of Market Conditions Clause in Contracts

Market Conditions. Notwithstanding any provision of this Agreement to the contrary, settlement and payment for Foreign Assets received for the account of the Portfolios and delivery of Foreign Assets maintained for the account of the Portfolios may be effected in accordance with the customary established securities trading or processing practices and procedures in the country or market in which the transaction occurs, including, without limitation, delivering Foreign Assets to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) with the expectation of receiving later payment for such Foreign Assets from such purchaser or dealer. The Custodian shall provide to each Board (or its duly-authorized investment manager or investment adviser) the information with respect to custody and settlement practices in countries in which the Custodian employs a Foreign Sub-Custodian described on Schedule C hereto at the time or times set forth on such Schedule. The Custodian may revise Schedule C from time to time, provided that no such revision shall result in a Board (or its duly-authorized investment manager or investment adviser) being provided with substantively less information than had been previously provided hereunder.

Market Conditions. Notwithstanding any provision of this Agreement to the contrary, settlement and payment for Foreign Assets received for the account of the Portfolios and delivery of Foreign Assets maintained for the account of the Portfolios may be effected in accordance with the customary established securities trading or processing practices and procedures in the country or market in which the transaction occursoccurs (including those customarily utilized for beneficial holders which are U.S. registered investment companies), including, without limitation, delivering Foreign Assets to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) with the expectation of receiving later payment for such Foreign Assets from such purchaser or dealer. The Custodian shall provide to each Board (or its duly-authorized investment manager or investment adviser) the information with respect to custody and settlement practices in countries in which the Custodian employs a Foreign Sub-Custodian described on Schedule C hereto at the time or times set forth on such Schedule. The Custodian may revise Schedule C from time to time, provided that no such revision shall result in a Board (or its duly-authorized investment manager or investment adviser) being provided with substantively less information than had been previously provided hereunder.

Market Conditions. Notwithstanding any provision of this Agreement Contract to the contrary, settlement and payment for Foreign Assets received for the account of the Portfolios Fund and delivery of Foreign Assets maintained for the account of the Portfolios Fund may be effected in accordance with the customary established securities trading or processing practices and procedures in the country or market in which the transaction occurs, including, without limitation, delivering Foreign Assets to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) with the expectation of receiving later payment for such Foreign Assets from such purchaser or dealer. The Custodian shall provide to each Board Fund's adviser (or its dulyan sub-authorized investment manager or investment adviser) , where applicable), as identified in proper instructions by the Board, the information with respect to custody and settlement practices in countries in which the Custodian employs a Foreign Sub-Custodian described on Schedule C hereto at the time or times set forth on such Schedule. The Custodian may revise Schedule C from time to time, provided that no such revision shall result in a Board (such adviser or its dulysub-authorized investment manager or investment adviser) adviser being provided with substantively less information than had been previously provided hereunder.

Market Conditions. Notwithstanding any provision of this Agreement to the contrary, settlement and payment for Foreign Assets received for the account of the Portfolios Portfolio(s) and delivery of Foreign Assets maintained for the account of the Portfolios Portfolio(s) may be effected in accordance with the customary established securities trading or processing practices and procedures in the country or market in which the transaction occurs, including, without limitation, delivering Foreign Assets to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) with the expectation of receiving later payment for such Foreign Assets from such purchaser or dealer. The Custodian shall provide to each the Board (or its duly-authorized investment manager or investment adviser) the information with respect to custody and settlement practices in countries in which the Custodian employs a Foreign Sub-Custodian Custodian, including without limitation information relating to Foreign Securities Systems, described on Schedule C hereto at the time or times set forth on such Schedule. The Custodian may revise Schedule C from time to time, provided that no such revision shall result in a the Board (or its duly-authorized investment manager or investment adviser) being provided with substantively less information than had been previously provided hereunder.

Market Conditions. Notwithstanding any provision of this Agreement to the contrary, settlement and payment for Foreign Assets received for the account of the Portfolios and delivery of Foreign Assets maintained for the account of the Portfolios may be effected in accordance with the customary established securities trading or processing practices and procedures in the country or market in which the transaction occurs, including, without limitation, delivering Foreign Assets to the purchaser thereof or to a dealer therefor (or an agent for such purchaser or dealer) with the expectation of receiving later payment for such Foreign Assets from such purchaser or dealer. The Custodian shall provide to each the Board (or its duly-authorized investment manager or investment adviser) designee the information with respect to custody and settlement practices in countries in which the Custodian employs a Foreign Sub-Custodian Custodian, including without limitation information relating to Foreign Securities Systems, described on Schedule C hereto at the time or times set forth on such Schedule. The Custodian may revise Schedule C from time to time, provided that no such revision shall result in a the Board (or its duly-authorized investment manager or investment adviser) designee being provided with substantively less information than had been previously provided hereunder.