Common use of Provisions of Custodian Contract Clause in Contracts

Provisions of Custodian Contract. The Custodian contract shall be upon such terms and conditions and may provide for such compensation as the Board of Trustees deems necessary or appropriate, provided such contract shall further provide that the Custodian shall deliver securities owned by the Trust only upon sale of such securities for the account of the Trust and receipt of payment therefor by the Custodian or when such securities may be called, redeemed, retired, or otherwise become payable. Such limitations shall not prevent:

Appears in 13 contracts

Samples: Agreement (Stein Roe Institutional Trust), Agreement (Stein Roe Institutional Floating Rate Income Fund), Agreement (Stein Roe Trust)

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Provisions of Custodian Contract. The Custodian contract shall be upon such terms and conditions and may provide for such compensation as the Board of Trustees Managers deems necessary or appropriate, provided such contract shall further provide that the Custodian shall deliver securities owned by the Trust Company only upon sale of such securities for the account of the Trust Company and receipt of payment therefor by the Custodian or when such securities may be called, redeemed, retired, or otherwise become payable. Such limitations shall not prevent:

Appears in 1 contract

Samples: Stein Roe Floating Rate Limited Liability Co

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