PAYMENT AND SETTLEMENT. Notwithstanding anything to the contrary herein, with respect to purchasing Russian equity Securities, payment thereof shall not be made prior to the issuance by the Registrar Company or Russian Securities Depository (as the case may be) of the Share Extract evidencing the transfer of ownership of the Russian Securities being purchased.
Appears in 2 contracts
Samples: Mutual Fund Rider to Global Custody Agreement (Curian Variable Series Trust), Mutual Fund Rider to Global Custody Agreement (Curian Series Trust)
PAYMENT AND SETTLEMENT. Notwithstanding anything to the contrary herein, with respect to purchasing Russian equity Securities, payment thereof therefor shall not be made prior to the issuance by the Registrar Company or Russian Securities Depository (as the case may be) of the Share Extract evidencing the transfer of ownership of the Russian Securities being purchased.
Appears in 2 contracts
Samples: Mutual Fund Rider to Global Custody Agreement (JNL Strategic Income Fund LLC), Mutual Fund Rider to Global Custody Agreement (JNL Series Trust)
