Common use of PAYMENTS OWING TO THE CUSTODIAN Clause in Contracts

PAYMENTS OWING TO THE CUSTODIAN. Upon termination of this Agreement pursuant to Section 16.1 or 16.2 with respect to any Fund or Portfolio, the applicable Fund shall pay to the Custodian any compensation then due and shall reimburse the Custodian for its other fees, expenses and charges. During the first two years of the Initial Term only, in the event of: (a) any Fund’s termination of this Agreement with respect to such Fund or a Portfolio of the Fund pursuant to Section 16.2(c) above; or (b) a transaction not in the ordinary course of business pursuant to which the Custodian is not retained to continue providing services hereunder to a Fund or Portfolio (or its respective successor), the applicable Fund or Portfolio shall pay to the Custodian any compensation due through the end of such two-year period (based on the average monthly compensation previously earned by the Custodian with respect to the Fund or Portfolio) and shall reimburse the Custodian for its other fees, expenses and charges. Upon receipt of Information Classification: Limited Access such payment and reimbursement, the Custodian will deliver the Fund’s or Portfolio’s cash and its securities and other financial assets as set forth in Section 17.

PAYMENTS OWING TO THE CUSTODIAN. Upon In the event of termination or non-renewal of this Agreement pursuant to Section 16.1 or 16.2 with respect to any Fund or Portfolio, the applicable Fund shall pay to the Custodian any compensation then due through the date of such termination and shall reimburse the Custodian for its other fees, expenses and chargescharges through the date of such termination. During the first two years of the Initial Term only, in In the event of: (a) any Fund’s termination of this Agreement with respect to such Fund or a Portfolio of the Fund pursuant to for any reason other than as set forth in Section 16.2(c) above; 16.1 or 16.2 or (b) a transaction not in the ordinary course of business pursuant to which the Custodian is not retained to continue providing services hereunder to a Fund or Portfolio (or its respective successor), the applicable Fund or Portfolio shall pay to the Custodian any compensation due through the end of such twothe then-year period current term (based on upon the average monthly compensation previously earned by the Custodian with respect to the Fund or Portfolio) and shall reimburse the Custodian for its other fees, expenses and charges. Upon receipt of Information Classification: Limited Access such payment and reimbursement, the Custodian will deliver the Fund’s or Portfolio’s cash and its securities and other financial assets as set forth in Section 17.

PAYMENTS OWING TO THE CUSTODIAN. Upon termination of this Agreement pursuant to Section 16.1 or 16.2 with respect to any Fund or Portfolio, the applicable Fund shall pay to the Custodian any compensation then due and shall reimburse the Custodian for its other fees, expenses and charges. During the first two years of the Initial Term only, in the event of: (a) any Fund’s termination of this Agreement with respect to such Fund or a Portfolio of the Fund pursuant to Section 16.2(c) above; or (b) a transaction not in the ordinary course of business pursuant to which the Custodian is not retained to continue providing services hereunder to a Fund or Portfolio (or its respective successor), the applicable Fund or Portfolio shall pay to the Custodian any compensation due through the end of such two-year period (based on the average monthly compensation previously earned by the Custodian with respect to the Fund or Portfolio) and shall reimburse the Custodian for its other fees, expenses and charges. Upon receipt of Information Classification: Limited Access such payment and reimbursement, the Custodian will deliver the Fund’s or Portfolio’s cash and its securities and other financial assets as set forth in Section 17.