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Common use of MULTIPLE PORTFOLIOS Clause in Contracts

MULTIPLE PORTFOLIOS. If Fund is comprised of more than one Portfolio: A. Each Portfolio will be regarded for all purposes hereunder as a separate party apart from each other Portfolio. Unless the context otherwise requires, with respect to every transaction covered hereby, every reference herein to Fund is deemed to relate solely to the particular Portfolio to which such transaction relates. Under no circumstances will the rights, obligations or remedies with respect to a particular Portfolio constitute a right, obligation or remedy applicable to any other Portfolio. The use of this single document to memorialize the separate agreement of each Portfolio is understood to be for clerical convenience only and will not constitute any basis for joining the Portfolios for any reason. B. Fund may appoint State Street as its custodian for additional Portfolios from time to time by written notice, provided that State Street consents to such addition. Rates or charges for each additional Portfolio will be as agreed upon by State Street and Fund in writing.

Appears in 1 contract

Samples: Custody Agreement (Fremont Mutual Funds Inc)

MULTIPLE PORTFOLIOS. If the Fund is comprised of more than one Portfolio: A. H. Each Portfolio will shall be regarded for all purposes hereunder as a separate party apart from each other Portfolio. Unless the context otherwise requires, with respect to every transaction covered herebyby this Agreement, every reference herein to the Fund is shall be deemed to relate solely to the particular Portfolio to which such transaction relates. Under no circumstances will shall the rights, obligations or remedies with respect to a particular Portfolio constitute a right, obligation or remedy applicable to any other Portfolio. The use of this single document to memorialize the separate agreement of each Portfolio is understood to be for clerical convenience only and will shall not constitute any basis for joining the Portfolios for any reason. B. Fund I. Additional Portfolios may appoint State Street as its custodian for additional Portfolios from time be added to time by written noticethis Agreement, provided that State Street consents to such addition. Rates or charges for each additional Portfolio will shall be as agreed upon by State Street and the Fund in writing.

Appears in 1 contract

Samples: Investment Accounting Agreement (First Eagle Overseas Variable Fund)

MULTIPLE PORTFOLIOS. If Fund is comprised of more than one Portfolio, the following provisions apply: A. Each Portfolio will be regarded for all purposes hereunder as a separate party apart from each other Portfolio. Unless the context otherwise requires, with respect to every transaction covered hereby, every reference herein to Fund is deemed to relate solely to the particular Portfolio to which such transaction relates. Under no circumstances will the rights, obligations or remedies with respect to a particular Portfolio constitute a right, obligation or remedy applicable to any other Portfolio. The use of this single document to memorialize the separate agreement of as to each Portfolio is understood to be for clerical convenience only and will not constitute any basis for joining the Portfolios for any reason. B. Fund may appoint State Street as its custodian for additional Portfolios from time to time by written notice, provided that State Street consents to such addition. Rates or charges for each additional Portfolio will be as agreed upon by State Street and the Fund in writing.

Appears in 1 contract

Samples: Custody Agreement (Ing Funds Trust)