PROPERTY ACCEPTED. (A) Subject to Section 3(C) below, the Custodian agrees to accept for custody in the Custody Account any Securities which are capable of deposit under the terms of this Agreement. (B) Subject to Section 3(C) below, the Custodian agrees to accept for deposit in the Client Cash Account, cash in any currency (which shall, if necessary, be credited by the Custodian to different accounts in the currencies concerned), such cash to be owed to the Client by the Custodian as banker. (C) The Custodian may in its reasonable discretion refuse to accept (in whole or in part) any proposed deposit in either the Custody Account or the Custody Cash Account if the Custodian reasonably believes that the acceptance of such deposit would violate any law, rule, regulation, practice or policy to which the Custodian is subject.
Appears in 3 contracts
Samples: Global Custodial Services Agreement (Dljdirect Mutual Funds), Global Custodial Services Agreement (Lincoln Variable Insurance Products Trust), Global Custodial Services Agreement (Jefferson Pilot Variable Fund Inc)
PROPERTY ACCEPTED. (A) Subject to Section 3(C) below, the Custodian agrees to accept for custody in the Custody Account any Securities which are capable of deposit under the terms of this Agreement.
(B) Subject to Section 3(C) below, the Custodian agrees to accept for deposit in the Client Custody Cash Account, cash in any currency (which shall, if necessary, be credited by the Custodian to different accounts in the currencies concerned), such cash to be owed to the Client by the Custodian as banker.
(C) The Custodian may in its reasonable discretion refuse to accept (in whole or in part) any proposed deposit in either the Custody Account or the Custody Cash Account if the Custodian reasonably believes that the acceptance of such deposit would violate any law, rule, regulation, practice or policy to which the Custodian is subject.
Appears in 2 contracts
Samples: Global Custodial Services Agreement (Janus Investment Fund), Global Custodial Services Agreement (Janus Aspen Series)
PROPERTY ACCEPTED. (A) Subject to Section 3(C) below, the Custodian agrees to accept for custody in the Custody Account any Securities Securities, which are capable of deposit under the terms of this Agreement.
(B) Subject to Section 3(C) below, the Custodian agrees to accept for deposit in the Client Cash Account, cash in any currency (which shall, if necessary, be credited by the Custodian to different accounts in the currencies concerned), such cash to be owed to the Client by the Custodian as banker.
(C) The Custodian may in its reasonable discretion refuse to accept (in whole or in part) any proposed deposit in either the Custody Account or the Custody Cash Account if the Custodian reasonably believes that the acceptance of such deposit would violate any law, rule, regulation, practice or policy to which the Custodian is subject.
Appears in 1 contract
Samples: Global Custodial Services Agreement (Aal Mutual Funds)
