Common use of Other Transfers Clause in Contracts

Other Transfers. (a) In addition to transfers of funds and Securities referred to in Section 2.03, the Custodian shall transfer funds and Securities held in an Account: (a) upon receipt of Proper Instructions, to (i)any Fund Custodian, or (ii)any other account maintained for any Fund by the Custodian in its capacity as a Fund Custodian, (iii)any Repo Custodian or (iv) any other account maintained for any Fund by the Custodian in its capacity as a Repo Custodian; or (b) upon receipt of Special Instructions, and subject to Section 3.04 hereof, to any other person or entity designated in such Special Instructions.

Appears in 102 contracts

Sources: Joint Trading Account Custody Agreement (Fidelity Advisor Series I), Joint Trading Account Custody Agreement (Fidelity Commonwealth Trust), Joint Trading Account Custody Agreement (Fidelity Select Portfolios)