Common use of Puts, Calls and Futures Clause in Contracts

Puts, Calls and Futures. Traded on Commodities Exchanges (i) The Bank shall take action as to puts, calls and futures contracts ("Futures") purchased or sold by the Trust in accordance with the provisions of any agreement entered into upon the receipt of Proper Instructions among the Trust, the Bank and a Futures Commission Merchant registered under the Commodity Exchange Act, relating to compliance with the rules of the Commodity Futures Trading Commission and/or any Contract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Trust. (ii) The responsibilities of the Bank as to futures, puts and calls traded on commodities exchanges, any Futures Commission Merchant account and the Segregated Account shall be limited as set forth in subparagraph (a)(ii) of this Section 6.9 as if such subparagraph referred to Futures Commission Merchants rather than brokers, and Futures and puts and calls thereon instead of options.

Appears in 4 contracts

Samples: Custodian Agreement (Green Century Funds), Custodian Agreement (Lsa Variable Series Trust), Custodian Agreement (State Farm Variable Product Trust)

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Puts, Calls and Futures. Traded on Commodities Exchanges (i) The Bank shall take action as to puts, calls and futures contracts ("Futures") purchased or sold by the Trust Company in accordance with the provisions of any agreement entered into upon the receipt of Proper Instructions among the TrustCompany, the Bank and a Futures Commission Merchant registered under the Commodity Exchange Act, relating to compliance with the rules of the Commodity Futures Trading Commission and/or any Contract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the TrustCompany. (ii) The responsibilities of the Bank as to futures, puts and calls traded on commodities exchanges, any Futures Commission Merchant account and the Segregated Account shall be limited as set forth in subparagraph (a)(ii) of this Section 6.9 as if such subparagraph referred to Futures Commission Merchants rather than brokers, and Futures and puts and calls thereon instead of options.

Appears in 2 contracts

Samples: Custodian Agreement (Commonfund Institutional Funds), Custodian Agreement (Commonfund Institutional Funds)

Puts, Calls and Futures. Traded on Commodities Exchanges (i) The Bank shall take action action, upon receipt of Proper Instructions, as to puts, calls and futures contracts ("Futuresfutures") purchased or sold by the Trust a Fund in accordance with the provisions of any agreement entered into upon the receipt of Proper Instructions among the TrustCompany, on behalf of a Fund, the Bank and a Futures Commission Merchant registered under the Commodity Exchange Act, relating to compliance with the rules of the Commodity Futures Trading Commission and/or any Contract Market, or any similar organization or organizationsorganization(s), regarding account deposits in connection with transactions by the TrustFund. (ii) The responsibilities and liabilities of the Bank as to futures, puts and calls traded on commodities exchanges, any Futures Commission Merchant account and the Segregated Account shall be limited as set forth in subparagraph (a)(ii) of this Section subsection 6.9 as if such subparagraph referred to Futures Commission Merchants rather than brokers, and Futures futures and puts and calls thereon instead of options.

Appears in 2 contracts

Samples: Custody Agreement (Masterworks Funds Inc), Custody Agreement (Masterworks Funds Inc)

Puts, Calls and Futures. Traded on Commodities Exchanges (i) The Bank shall take action action, upon receipt of Proper Instructions, as to puts, calls and futures contracts ("Futuresfutures") purchased or sold by the Trust a Fund in accordance with the provisions of any agreement entered into upon the receipt of Proper Instructions among the TrustCompany, on behalf of a Fund, the Bank and a Futures Commission Merchant registered under the Commodity Exchange Act, relating to compliance with the rules of the Commodity Futures Trading Commission and/or any Contract Market, or any similar organization or organizationsorganization(s), regarding account deposits in connection with transactions by the TrustFund . (ii) The responsibilities and liabilities of the Bank as to futures, puts and calls traded on commodities exchanges, any Futures Commission Merchant account and the Segregated Account shall be limited as set forth in subparagraph (a)(ii) of this Section subsection 6.9 as if such subparagraph referred to Futures Commission Merchants rather than brokers, and Futures futures and puts and calls thereon instead of options.

Appears in 1 contract

Samples: Custody and Fund Accounting Agreement (Stagecoach Trust)

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Puts, Calls and Futures. Traded on Commodities Exchanges (i) The Bank shall take action as to puts, calls and futures contracts ("Futures") purchased or sold by the Trust in accordance with the provisions of any agreement entered into upon the receipt of Proper Instructions among the Trust, the Bank and a Futures Commission Merchant futures commission merchant ("FCM") registered under the Commodity Exchange Act, relating to compliance with the rules of the Commodity Futures Trading Commission ("CFTC") and/or any Contract Market, or any similar organization or organizations, regarding account deposits in connection with transactions by the Trust. (ii) The responsibilities of the Bank as to futuresFutures, puts and calls traded on commodities exchanges, any Futures Commission Merchant FCM account and the Segregated Account as defined below shall be limited as set forth in subparagraph (a)(ii) of this Section 6.9 as if such subparagraph referred to Futures Commission Merchants FCMs rather than brokers, and Futures and puts and calls thereon instead of options.

Appears in 1 contract

Samples: Custodian Agreement (X Com Funds)

Puts, Calls and Futures. Traded on Commodities Exchanges (i) The Bank shall take action action, upon receipt of Proper Instructions, as to puts, calls and futures contracts ("Futuresfutures") purchased or sold by the Trust a Master Portfolio in accordance with the provisions of any agreement entered into upon the receipt of Proper Instructions among the Trust, on behalf of a Master Portfolio, the Bank and a Futures Commission Merchant registered under the Commodity Exchange Act, relating to compliance with the rules of the Commodity Futures Trading Commission and/or any Contract Market, or any similar organization or organizationsorganization(s), regarding account deposits in connection with transactions by the TrustMaster Portfolio. (ii) The responsibilities and liabilities of the Bank as to futures, puts and calls traded on commodities exchanges, any Futures Commission Merchant account and the Segregated Account shall be limited as set forth in subparagraph (a)(ii) of this Section subsection 6.9 as if such subparagraph referred to Futures Commission Merchants rather than brokers, and Futures futures and puts and calls thereon instead of options.

Appears in 1 contract

Samples: Custody Agreement (Managed Series Investment Trust)

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