Monitoring System. In each case in which the Custodian has exercised delegated authority to place Assets with a Foreign Custodian, the Custodian shall monitor the appropriateness of maintaining the Assets with such Foreign Custodian, and the performance of the Foreign Custodian under its contract with the Custodian, in accordance with Rule17f-5(c)(3). The Custodian will notify the Fund as soon as possible if an arrangement with a Foreign Custodian no longer meets the requirements of Rule 17f-5, so that the Fund may withdraw its Assets in accordance with Rule 17f-5(c)(3)(ii).
Appears in 3 contracts
Samples: Mutual Fund Custody and Services Agreement (Dreyfus Growth Opportunity Fund Inc), Mutual Fund Custody and Services Agreement (Dreyfus Variable Investment Fund), Mutual Fund Custody and Services Agreement (Dreyfus a Bonds Plus Inc)
Monitoring System. In each case in which the Custodian has exercised delegated authority to place Assets with a Foreign Custodian, the Custodian shall monitor the appropriateness of maintaining the Assets with such Foreign Custodian, and the performance of the Foreign Custodian under its contract with the Custodian, in accordance with Rule17f-5(c)(3Rule 17f-5(c)(3). The Custodian will notify the Fund Trust as soon as possible if an arrangement with a Foreign Custodian no longer meets the requirements of Rule 17f-5, so that the Fund Trust may withdraw its Assets in accordance with Rule 17f-5(c)(3)(ii).
Appears in 1 contract
Samples: Mutual Fund Custody and Services Agreement (PRIMECAP Odyssey Funds)
Monitoring System. In IN each case in which the Custodian has exercised delegated authority to place Assets with a Foreign Custodian, the Custodian shall monitor the appropriateness of maintaining the Assets with such Foreign Custodian, and the performance of the Foreign Custodian under its contract with the Custodiancustodian, in accordance with Rule17f-5(c)(3Rule 17f-5(c)(3). The Custodian will notify the Fund as soon as possible if an arrangement with a Foreign Custodian no longer meets the requirements of Rule 17f-5, so that the Fund may withdraw its Assets in accordance with Rule 17f-5(c)(3)(ii).
Appears in 1 contract
Samples: Mutual Fund Custody and Services Agreement (Dreyfus Gnma Fund Inc)
Monitoring System. In each case in which the Custodian has exercised delegated authority to place Assets with a Foreign Custodian, the Custodian shall monitor the appropriateness of maintaining the Assets with such Foreign Custodian, and the performance of the Foreign Custodian under its contract with the Custodian, in accordance with Rule17f-5(c)(3Rule 17f-5(c)(3). The Custodian will notify the Fund as soon as possible if an arrangement with a Foreign Custodian no longer meets the requirements of Rule 17f-5, so that the Fund a Series may withdraw its Assets in accordance with Rule 17f-5(c)(3)(ii).
Appears in 1 contract
Samples: Mutual Fund Custody and Services Agreement (Dreyfus Premier Manager Funds)
