Payment on Settlement Date. On contractual settlement date, the account of the Fund will be charged for all purchased Securities settling on that day, regardless of whether or not delivery is made. Likewise, on contractual settlement date, proceeds from the sale of Securities settling that day will be credited to the account of the Fund, irrespective of delivery. Any such credit shall be conditioned upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full.
Appears in 15 contracts
Samples: Custody Agreement (Fleming Capital Mutual Fund Group Inc), Custody Agreement (Wexford Trust/Pa), Custody Agreement (DCM Series Trust)
Payment on Settlement Date. On contractual settlement date, the account of the Fund will be charged for all purchased Securities settling on that day, regardless of whether or not delivery is made. Likewise, on contractual settlement date, proceeds from the sale of Securities settling that day will be credited to the account of the Fund, irrespective of delivery. Any such credit shall be conditioned upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full.VI. E.
Appears in 3 contracts
Samples: Custody Agreement (Ameriprime Insurance Trust), Custody Agreement (Ameriprime Funds), Custody Agreement (Ameriprime Advisors Trust)
Payment on Settlement Date. On contractual settlement date, the ---------------------------- account of the Fund will be charged for all purchased Securities settling on that day, regardless of whether or not delivery is made. Likewise, on contractual settlement date, proceeds from the sale of Securities settling that day will be credited to the account of the Fund, irrespective of delivery. Any such credit shall be conditioned upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full.
Appears in 2 contracts
Samples: Custody Agreement (Securities Management & Timing Funds), Custody Agreement (Sparrow Funds)
Payment on Settlement Date. On contractual settlement date, the -------------------------- account of the Fund will be charged for all purchased Securities settling on that day, regardless of whether or not delivery is made. Likewise, on contractual settlement date, proceeds from the sale of Securities settling that day will be credited to the account of the Fund, irrespective of delivery. Any such credit shall be conditioned upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full.
Appears in 1 contract
Samples: Custody Agreement (Alpha Analytics Investment Trust)
