Persons Having Access to Assets of the Funds. (a) No trustee or agent of the Fund, and no officer, director, employee or agent of the Fund's investment adviser, of any sub-investment adviser of the Fund, or of the Fund's administrator, shall have physical access to the assets of the Funds held by the Custodian or be authorized or permitted to withdraw any investments of the Funds, nor shall the Custodian deliver any assets of the Funds to any such person. No officer, director, employee or agent of the Custodian who holds any similar position with the Fund's investment adviser, with any sub-investment adviser of the Fund or with the Fund's administrator shall have access to the assets of the Funds. (b) Nothing in this Section 8 shall prohibit any duly authorized officer, employee or agent of the Fund, including the Fund's independent public accountants or any duly authorized officer, director, employee or agent of the investment adviser, of any sub-investment adviser of the Funds or of the Fund's administrator, from giving Oral Instructions or Written Instructions to the Custodian or executing a Certificate so long as it does not result in delivery of or access to assets of the Funds prohibited by paragraph (a) of this Section 8.
Appears in 5 contracts
Samples: Delegation, Custody and Information Services Agreement (JNL Variable Fund v LLC), Delegation, Custody and Information Services Agreement (JNL Variable Fund Iii LLC), Delegation, Custody and Information Services Agreement (Jnlny Variable Fund I LLC)
Persons Having Access to Assets of the Funds. (a) No trustee or agent of the FundTrust, and no officer, director, employee or agent of the FundTrust's investment adviser, of any sub-investment adviser of the FundTrust, or of the FundTrust's administrator, shall have physical access to the assets of the Funds held by the Custodian or be authorized or permitted to withdraw any investments of the Funds, nor shall the Custodian deliver any assets of the Funds to any such person. No officer, director, employee or agent of the Custodian who holds any similar position with the FundTrust's investment adviser, with any sub-investment adviser of the Fund Trust or with the FundTrust's administrator shall have access to the assets of the Funds.
(b) Nothing in this Section 8 shall prohibit any duly authorized officer, employee or agent of the FundTrust, including the FundTrust's independent public accountants or any duly authorized officer, director, employee or agent of the investment adviser, of any sub-investment adviser of the Funds or of the Fund's administrator, from giving Oral Instructions or Written Instructions to the Custodian or executing a Certificate so long as it does not result in delivery of or access to assets of the Funds prohibited by paragraph (a) of this Section 8.
Appears in 3 contracts
Samples: Delegation, Custody and Information Services Agreement (PPM America Funds), Delegation, Custody and Information Services Agreement (JNL Series Trust), Delegation, Custody and Information Services Agreement (PPM America Funds)
Persons Having Access to Assets of the Funds. (a) a. No trustee or agent of the FundTrust, and no officer, director, employee or agent of the Fund's Trust’s investment adviser, of any sub-investment adviser of the FundTrust, or of the Fund's Trust’s administrator, shall have physical access to the assets of the Funds held by the Custodian or be authorized or permitted to withdraw any investments of the Funds, nor shall the Custodian deliver any assets of the Funds to any such person. No officer, director, employee or agent of the Custodian who holds any similar position with the Fund's Trust’s investment adviser, with any sub-investment adviser of the Fund Trust or with the Fund's Trust’s administrator shall have access to the assets of the Funds.
(b) b. Nothing in this Section 8 5 shall prohibit any duly authorized officer, employee or agent of the FundTrust, including the Fund's independent public accountants or any duly authorized officer, director, employee or agent of the investment adviser, of any sub-investment adviser of the Funds or of the Fund's Funds’ administrator, from giving Oral Instructions or Written Instructions to the Custodian or executing a Certificate so long as it does not result in delivery of or withdrawal of, or access to to, assets of the Funds prohibited by paragraph (a) of this Section 85.
Appears in 1 contract
Samples: Mutual Fund Custody and Services Agreement (Transparent Value Trust)
Persons Having Access to Assets of the Funds. (a) No trustee or agent of the FundTrust, and no officer, director, employee or agent of the FundTrust's investment adviser, of any sub-investment adviser of the FundTrust, or of the FundTrust's administrator, shall have physical access to the assets of the Funds held by the Custodian or be authorized or permitted to withdraw any investments of the Funds, nor shall the Custodian deliver any assets of the Funds to any such person. No officer, director, employee or agent of the Custodian who holds any similar position with the FundTrust's investment adviser, with any sub-investment adviser of the Fund Trust or with the FundTrust's administrator shall have access to the assets of the Funds.
(b) Nothing in this Section 8 5 shall prohibit any duly authorized officer, employee or agent of the FundTrust, including the Fund's independent public accountants or any duly authorized officer, director, employee or agent of the investment adviser, of any sub-investment adviser of the Funds Fund or of the Fund's Funds' administrator, from giving Oral Instructions or Written Instructions to the Custodian or executing a Certificate so long as it does not result in delivery of or access to assets of the Funds prohibited by paragraph (a) of this Section 85.
Appears in 1 contract
Samples: Mutual Fund Custody and Services Agreement (JNL Series Trust)
Persons Having Access to Assets of the Funds. (a) No trustee Trustee, officer, employee or agent of the FundTrust, and no officer, director, trustee, employee or agent of the Fund's Funds' investment adviser, of any investment sub-investment adviser of the a Fund, or of the Fund's Funds' administrator or sub-administrator, shall have physical access to the assets of the Funds a Fund held by the Custodian or be authorized or permitted to withdraw any investments of the Fundsa Fund, nor shall the Custodian deliver any assets of the Funds a Fund to any such person. No officer, director, employee or agent of the Custodian who holds any similar position with the Fund's Funds' investment adviser, adviser with any sub-investment adviser of the Fund Funds or with the Fund's Funds' administrator or sub- administrator shall have access to the assets of the Fundsa Fund.
(b) Nothing in this Section 8 10 shall prohibit any duly authorized trustee, officer, employee or agent of the FundTrust, including the Fund's independent public accountants or any duly authorized officer, director, trustee, employee or agent of the a Fund's investment adviser, of any investment sub-investment adviser of the Funds a Fund or of the Fund's Funds' administrator or sub-administrator, from giving an Oral Instructions Instruction or a Written Instructions Instruction to the Custodian or executing a Certificate so long as it does not result in delivery of or access to assets of the Funds Trust prohibited by paragraph (a) of this Section 810.
Appears in 1 contract
Persons Having Access to Assets of the Funds. (a) No trustee or agent of the FundTrust, and no officer, director, employee or agent of the FundTrust's investment adviser, of any sub-investment adviser of the FundTrust, or of the FundTrust's administrator, shall have physical access to the assets of the Funds held by the Custodian or be authorized or permitted to withdraw any investments of the Funds, nor shall the Custodian deliver any assets of the Funds to any such person. No officer, director, employee or agent of the Custodian who holds any similar position with the FundTrust's investment adviser, with any sub-investment adviser of the Fund Trust or with the FundTrust's administrator shall have access to the assets of the Funds.
(b) Nothing in this Section 8 5 shall prohibit any duly authorized officer, employee or agent of the FundTrust, including the Fund's independent public accountants or any duly authorized officer, director, employee or agent of the investment adviser, of any sub-investment adviser of the Funds Fund or of the Fund's Funds’ administrator, from giving Oral Instructions or Written Instructions to the Custodian or executing a Certificate so long as it does not result in delivery of or access to assets of the Funds prohibited by paragraph (a) of this Section 85.
Appears in 1 contract
Samples: Mutual Fund Custody and Services Agreement (JNL Investors Series Trust)
Persons Having Access to Assets of the Funds. (a) a. No trustee or agent of the FundTrust, and no officer, director, employee or agent of the Fund's Trust’s investment adviser, of any sub-investment adviser of the FundTrust, or of the Fund's Trust’s administrator, shall have physical access to the assets of the Funds held by the Custodian or be authorized or permitted to withdraw any investments of the Funds, nor shall the Custodian deliver any assets of the Funds to any such person. No officer, director, employee or agent of the Custodian who holds any similar position with the Fund's Trust’s investment adviser, with any sub-investment adviser of the Fund Trust or with the Fund's Trust’s administrator shall have access to the assets of the Funds.
(b) b. Nothing in this Section 8 5 shall prohibit any duly authorized officer, employee or agent of the FundTrust, including the Fund's independent public accountants or any duly authorized officer, director, employee or agent of the investment adviser, of any sub-investment adviser of the Funds or of the Fund's Funds’ administrator, from giving Oral Instructions or Written Instructions to the Custodian or executing a Certificate so long as it does not result in delivery of or access to assets of the Funds prohibited by paragraph (a) of this Section 85.
Appears in 1 contract
Samples: Custody and Services Agreement (Advantus Series Fund Inc)