Common use of Overdrafts Clause in Contracts

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B hereto (as amended from time to time)

Appears in 40 contracts

Samples: Custody Agreement (Axxes Opportunistic Credit Fund), Custody Agreement (WTI Fund XI, Inc.), Custody Agreement (Axxes Private Markets Fund)

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Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B A hereto (as amended from time to time)

Appears in 29 contracts

Samples: Custody Agreement (83 Investment Group Income Fund), Custody Agreement (Rockefeller Municipal Opportunities Fund), Custody Agreement (MidBridge Private Markets Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B hereto (as amended from time to time).

Appears in 16 contracts

Samples: Custody Agreement (High Income Securities Fund), Custody Agreement (Delaware Wilshire Private Markets Tender Fund), Custody Agreement (Angel Oak Dynamic Financial Strategies Income Term Trust)

Overdrafts. The Each Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The A Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B hereto (as amended from time to time).

Appears in 10 contracts

Samples: Multi Trust Custody Agreement (SEI Catholic Values Trust), Multi Trust Custody Agreement (Sei Daily Income Trust /Ma/), Multi Trust Custody Agreement (Sei Institutional Managed Trust)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may may, but is under no obligation to, obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B hereto (as amended from time to time)

Appears in 9 contracts

Samples: Custody Agreement (Oaktree Diversified Income Fund Inc.), Custody Agreement (Oaktree Diversified Income Fund Inc.), Custody Agreement (Brookfield Real Assets Income Fund Inc.)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B D hereto (as amended from time to time).

Appears in 7 contracts

Samples: Custody Agreement (City National Rochdale Structured Claims Fixed Income Fund LLC), Custody Agreement (DoubleLine Opportunistic Credit Fund), Custody Agreement (Rochdale High Yield Advances Fund LLC)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B C hereto (as amended from time to time).

Appears in 6 contracts

Samples: Custody Agreement (DoubleLine Shiller CAPE Enhanced Income Fund), Custody Agreement (DoubleLine Opportunistic Credit Fund), Custody Agreement (Tortoise Pipeline & Energy Fund, Inc.)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B D hereto (as amended from time to time)

Appears in 4 contracts

Samples: Custody Agreement, Custody Agreement (DoubleLine Income Solutions Fund), Custody Agreement (Cornerstone Total Return Fund Inc)

Overdrafts. The Each Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The A Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B C hereto (as amended from time to time).

Appears in 4 contracts

Samples: Custody Agreement (Vs Trust), Custody Agreement (Tidal ETF Trust), Custody Agreement (Salt Funds Trust)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may may, but is under no obligation to, obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B D hereto (as amended from time to time)

Appears in 4 contracts

Samples: Custody Agreement (Special Opportunities Fund, Inc.), Custody Agreement (Helios Total Return Fund Inc), Custody Agreement (Brookfield Global Listed Infrastructure Income Fund Inc.)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B C hereto (as amended from time to time)

Appears in 4 contracts

Samples: Custody Agreement (Bridges Investment Fund Inc), Custody Agreement (Barrett Opportunity Fund, Inc.), Custody Agreement (Alpha Architect ETF Trust)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its the custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B C hereto (as amended from time to time).

Appears in 3 contracts

Samples: Custody Agreement (Cushing Royalty & Income Fund), Custody Agreement (Cushing MLP Infrastructure Fund), Custody Agreement (Cushing Royalty & Income Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B A hereto (as amended from time to time).

Appears in 3 contracts

Samples: Custody Agreement (TCW Spirit Direct Lending LLC), Custody Agreement (Comvest Credit Partners BDC Fund, L.P.), Custody Agreement (Commonwealth Credit Partners BDC I, Inc.)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its the custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B hereto (as amended from time to time).

Appears in 2 contracts

Samples: Custody Agreement (Cushing Renaissance Fund), Custody Agreement (Cushing Renaissance Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B hereto (as amended from time to timetime upon written agreement of the Custodian and Fund).

Appears in 2 contracts

Samples: Custody Agreement (AIP Alternative Lending Fund P), Custody Agreement (AIP Alternative Lending Fund A)

Overdrafts. The Fund is Funds are responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund Funds may obtain a formal line of credit for potential overdrafts of its the custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B D hereto (as amended from time to time).

Appears in 2 contracts

Samples: Custody Agreement (Salient MLP & Energy Infrastructure Fund), Custody Agreement (Salient MLP & Energy Infrastructure Fund)

Overdrafts. The Fund is Funds are responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund Funds may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B C hereto (as amended from time to time)

Appears in 1 contract

Samples: Custody Agreement (PNMAC Mortgage Opportunity Fund LP)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B D hereto (as amended from time to time)

Appears in 1 contract

Samples: Custody Agreement (Rochdale International Trade Fixed Income Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may may, but is under no obligation to, obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B hereto (as amended from time to time).

Appears in 1 contract

Samples: Custody Agreement (Brookfield High Income Fund Inc.)

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Overdrafts. The Each Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund Trust may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B hereto (as amended from time to time).

Appears in 1 contract

Samples: Custody Agreement (DoubleLine Funds Trust)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short short-term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B A hereto (as amended from time to time).

Appears in 1 contract

Samples: Custody Agreement (Stone Ridge Trust VIII)

Overdrafts. The Fund is Funds are responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund Funds may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B D hereto (as amended from time to time)

Appears in 1 contract

Samples: Custody Agreement (PNMAC Mortgage Opportunity Fund, LLC)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B hereto (as amended from time to time)) 03/21/2017 14

Appears in 1 contract

Samples: Custody Agreement (City National Rochdale Select Strategies Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may may, but is under no obligation to, obtain a formal line of credit for potential overdrafts of its custody accountany Fund Custody Account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B hereto (as amended from time to time)

Appears in 1 contract

Samples: Custody Agreement (New Ireland Fund Inc)

Overdrafts. The Each Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The A Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B hereto (as amended from time to time)

Appears in 1 contract

Samples: Custody Agreement (Aristotle Funds Series Trust)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B C hereto (as amended from time to time),

Appears in 1 contract

Samples: Custody Agreement (DoubleLine Yield Opportunities Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B hereto (as amended from time to time)) ARTICLE VIII.

Appears in 1 contract

Samples: Custody Agreement (WTI Fund X, Inc.)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with to the fee schedule set forth on Exhibit B hereto account at the rate of prime interest rate plus 2% (as amended from time to time).

Appears in 1 contract

Samples: Custody Agreement (Babson Capital Global Short Duration High Yield Fund)

Overdrafts. The Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Fund may obtain mayobtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B hereto (as amended from time to time)

Appears in 1 contract

Samples: Custody Agreement (Miller/Howard High Income Equity Fund)

Overdrafts. The Each Fund is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The A Fund may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit B C hereto (as amended from time to time)

Appears in 1 contract

Samples: Custody Agreement (New Covenant Funds)

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