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, First Union may not pledge, assign, hypothecate or otherwise encumber Securities or cash in any Account without the Fund's prior written consent.

Appears in 4 contracts

Samples: Mutual Fund Custody Agreement (PBHG Insurance Series Fund), Mutual Fund Custody Agreement (PBHG Funds Inc /), Mutual Fund Custody Agreement (Ameritor Investment Fund)

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Pledge or Encumbrance of Securities or Cash. Except as provided in this Agreement, First Union may not pledge, assign, hypothecate or otherwise encumber Securities or cash Property in any Account without the Fund's prior written consent.

Appears in 1 contract

Samples: Global Custody Agreement (Nottingham Investment Trust Ii)

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