Common use of Pledge or Encumbrance of Securities or Cash Clause in Contracts

Pledge or Encumbrance of Securities or Cash. Except as provided in this Agreement, the Bank may not pledge, assign, hypothecate or otherwise encumber securities or cash of the Fund held in the Fund's account without the Fund's prior written consent.

Appears in 10 contracts

Samples: Master Custodian Agreement (Mainstay Vp Series Fund Inc), Master Custodian Agreement (Eclipse Funds Inc.), Master Custodian Agreement (Mainstay Funds)

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Pledge or Encumbrance of Securities or Cash. Except as expressly provided in this Agreement, the Bank Custodian may not pledge, assign, hypothecate or otherwise encumber securities or cash of the Fund held in the Fund's ’s account without the Fund's prior written consentconsent of the Trust on behalf of the Fund.

Appears in 6 contracts

Samples: Custody Agreement (Cushing ETF Trust), Custody Agreement (Cushing ETF Trust), Custody Agreement (Cushing Mutual Funds Trust)

Pledge or Encumbrance of Securities or Cash. Except as provided in this Agreement, the Bank may not pledge, assign, hypothecate or otherwise encumber securities or cash of the Fund held in the Fund's ’s account without the Fund's ’s prior written consent.

Appears in 3 contracts

Samples: Master Custodian Agreement (Mainstay Funds Trust), Master Custodian Agreement (Icap Funds Inc), Master Custodian Agreement (Mainstay Funds Trust)

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Pledge or Encumbrance of Securities or Cash. Except as expressly provided in this Agreement, the Bank Custodian may not pledge, assign, hypothecate or otherwise encumber securities or cash of the Fund Trust held in the Fund's Trust’s account without the Fund's Trust’s prior written consent.

Appears in 1 contract

Samples: Custody Agreement (Cushing MLP Total Return Fund)

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