Common use of Receipt and Disbursement of Money Clause in Contracts

Receipt and Disbursement of Money. A. Custodian shall open and maintain a separate account or accounts in the name of the Corporation, subject only to draft or order by Custodian acting pursuant to the terms of this Agreement. Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Corporation. Custodian shall make payments of cash to, or for the account of, the Corporation from such cash only (a) for the purchase of securities for the portfolio of the Corporation upon the delivery of such securities to Custodian, registered in the name of the Corporation or of the nominee of Custodian referred to in Section 7 or in proper form for transfer, (b) for the purchase or redemption of shares of the common stock of the Corporation upon delivery thereof to Custodian, (c) for the payment of interest, dividends, taxes, investment adviser's fees or operating expenses (including, without limitation thereto, fees for legal, accounting, auditing and custodian services and expenses for printing and postage), (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation held by or to be delivered to Custodian, or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the Corporation. Before making any such payment Custodian shall receive (and may rely upon) an officers' certificate requesting such payment and stating that it is for a purpose permitted under the terms of items (a), (b), (c) or (d) of this Subsection A, and also, in respect of item (e), upon receipt of an officers' certificate specifying the amount of such payment, setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate purpose, and naming the person or persons to whom such payment is to be made; provided, however, that an officers' certificate need not precede the disbursement of cash for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer of the Corporation issues appropriate oral instructions to Custodian and an appropriate officers' certificate is received by Custodian within two business days thereafter.

Receipt and Disbursement of Money. A. Custodian shall open and maintain a separate account or accounts in the name of the CorporationFund, subject only to draft or order by Custodian acting pursuant to the terms of this Agreement, ("Direct Demand Deposit Account"). Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account accounts of the CorporationFund. This shall include, without limitation, the proceeds from the sale of Shares of the Fund which shall be received along with proper instructions from the Fund. All such payments received by Custodian shall be converted to Federal Funds no later than the day after receipt and deposited to such Direct Demand Deposit Account. Custodian shall make payments of cash to, or for the account of, the Corporation Fund from such cash or Direct Demand Deposit Account only (a) for the purchase of securities for the portfolio of the Corporation Fund upon the delivery of such securities to Custodian, Custodian registered in the name of the Corporation Custodian or of the nominee of Custodian referred to or nominees thereof, in Section 7 or in the proper form for transfer, (b) for the purchase or redemption of shares Shares of the common stock of the Corporation upon delivery thereof to CustodianFund, (c) for the payment of interest, dividends, taxes, investment adviser's management or supervisory fees or any operating expenses (including, without limitation limitations thereto, insurance premiums, fees for legal, accounting, accounting and auditing and custodian services and expenses for printing and postageservices), (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation Fund held by or to be delivered to Custodian, ; or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the CorporationFund purposes. Before making any such payment Custodian shall receive (and may rely upon) an officers' certificate , proper instructions requesting such payment and stating that it is for a purpose permitted under setting forth the terms of items (a), (b), (c) or (d) of this Subsection A, and also, in respect of item (e), upon receipt of an officers' certificate specifying the amount purposes of such payment, setting forth the purpose for which such payment . Custodian is hereby authorized to be made, declaring such purpose to be a proper corporate purpose, endorse and naming the person or persons to whom such payment is to be made; provided, however, that an officers' certificate need not precede the disbursement of cash collect for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer account of the Corporation issues appropriate oral instructions to Custodian and an appropriate officers' certificate is Fund all checks, drafts or other orders for the payment of money received by Custodian within two business days thereafterfor the account of the Fund.

Receipt and Disbursement of Money. A. The Custodian shall open and maintain a separate account or accounts in the name of the CorporationFund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement. The Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the CorporationFund. The Custodian shall make payments of cash to, or for the account of, of the Corporation Fund from such cash only (a) for the purchase of securities Securities for the portfolio of the Corporation Fund upon the delivery of such securities Securities to the Custodian, registered in the name of the Corporation Fund or of the nominee of the Custodian referred to in Section 7 9 or in proper form for transfer, (b) for the purchase or redemption of shares Shares of the common stock of the Corporation Fund upon delivery thereof to the Custodian, (c) for the payment of interest, dividends, taxes, investment adviser's management or supervisory fees or operating expenses (including, without limitation thereto, fees for legal, accounting, accounting and auditing and custodian services and expenses for printing and postageservices), (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed Securities to by the Corporation held by or to be delivered to Custodian, or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the Corporationtrust purposes. Before making any such payment payment, the Custodian shall receive (and may rely upon) an officersOfficers' certificate Certificate requesting such payment and stating that it is for a purpose permitted under the terms of items (a), (b), (c) or (d) of this Subsection subsection A, and also, in respect of item (e), upon receipt of an officersOfficers' certificate Certificate and a certified copy of the resolution of the Board of Trustees or of the Executive Committee of the Trust signed by an Officer of the Trust and certified by its Secretary or an Assistant Secretary, specifying the amount of such payment, setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate Trust purpose, and naming the person or persons to whom such payment is to be made; provided, however, that an officers' certificate need not precede the disbursement of cash for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer of the Corporation issues appropriate oral instructions to Custodian and an appropriate officers' certificate is received by Custodian within two business days thereafter.

Receipt and Disbursement of Money. A. Custodian (a) BB&T shall open and maintain a separate account or accounts in the name of the CorporationClient, subject only to draft or order by Custodian BB&T acting pursuant to the terms of this Agreement. Custodian BB&T shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the CorporationClient. Custodian BB&T shall make payments of cash to, or for the account of, the Corporation Client from such cash only (ai) for the purchase of securities for the portfolio of the Corporation Client upon the delivery of such securities to CustodianBB&T, registered in the name of the Corporation or of the nominee of Custodian referred to in Section 7 Client or in proper form for transfer, (bii) for the purchase or redemption of shares of the common capital stock of the Corporation Client upon delivery thereof to CustodianBB&T, (ciii) for the payment of interest, dividends, taxes, investment adviser's management or supervisory fees or operating expenses (including, without limitation thereto, fees for legal, accounting, legal,-accounting end auditing and custodian services and expenses for printing and postageservices), (div) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation Client held by or to be delivered to Custodian, BB&T; or (ev) for other proper corporate purposes certified by resolution of the Board of Directors of the Corporationpurposes. Before making any such payment Custodian BB&T shall receive (and may rely upon) an officers' ’ certificate requesting such payment and stating that it is for a purpose permitted under the terms of items (ai), (bii), (ciii) or (div) of this Subsection Asubsection (a), and also, in respect of item (ev), upon receipt of an officers' ’ certificate and a certified copy of a resolution of the Board of Directors or of the Executive Committee of the Client signed by an officer of the Client and certified by its Secretary or an Assistant Secretary, specifying the amount of such payment, . setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate purpose, and naming the person or persons to whom such payment is to be made; provided, howeverOptional: With respect to payments under (i), that an (iii) (except dividends), or (v) of this paragraph, no payment shall be made unless the officers' ’ certificate need not precede the disbursement of cash for the purpose of purchasing a money market instrument if the Presidentis accompanied by, or BB&T has otherwise received, a Vice President, copy of the Secretary broker’s confirmation or the Treasurer of the Corporation issues appropriate oral instructions to Custodian and an appropriate officers' certificate is received by Custodian within two business days thereafterpayees’ invoice, as appropriate.

Receipt and Disbursement of Money. A. Custodian shall open and maintain a separate account or accounts in the name of the Corporation, subject only to draft or order by Custodian acting pursuant to the terms of this Agreement. Custodian Fund and shall hold in such account or accounts, subject to the provisions hereof, accounts all cash received by it from or for the account of the CorporationFund. Custodian shall make and receive payments of cash to, or for the account of, the Corporation of Fund from and to such cash only (a) for upon the purchase of securities for the portfolio of the Corporation upon the delivery Fund and receipt of such securities to by Custodian, registered in the name of the Corporation or of the nominee of Custodian referred to in Section 7 or in proper form for transfer, (b) for the purchase or redemption of shares of the common stock of the Corporation upon delivery thereof to Custodian, (c) for the payment of interest, dividends, taxes, investment adviser's fees or operating expenses (including, without limitation thereto, fees for legal, accounting, auditing and custodian services and expenses for printing and postage), (d) for payments in connection with the sale, conversion, exchange exchange, or surrender of securities owned by Fund, (c) for payment pursuant to a specified agreement for loaning Fund's securities, (d) subject to the provisions of Section 7 of this Agreement, upon the exercise of a covered call option written by Fund for which Custodian or subscribed to by the Corporation held by a Depository has executed an escrow receipt or to be delivered to Custodiandepository receipt, or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the Corporationpurposes. Before In making and receiving any such payment Custodian shall receive (and may rely upon) an officers' certificate requesting such payment and stating that it is for a purpose permitted under the terms of items pursuant to clauses (a), (b), (d), and (e) above, Custodian shall first receive an officer's certificate requesting that such payment be made. In receiving payments pursuant to clause (c) or above, Custodian shall act pursuant tot he parties' agreement contained in a Securities Loan Amendment to Custodian Agreement, as may be amended from time to time. Prior to any payment pursuant to clause (de) of this Subsection A, Custodian shall have received a written officer's certificate and alsoa certified copy of a resolution of the Board of Managers of Fund, in respect signed by an officer of item (e)Fund and certified by its Secretary or an Assistant Secretary, upon receipt of an officers' certificate specifying setting forth the amount purposes of such payment, setting forth the purpose for which declaring such payment is purposes to be made, declaring such purpose to be a proper corporate purposepurposes, and naming the person or persons to whom such payment is to be made; provided, however, that an officers' certificate need not precede the disbursement of cash for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer of the Corporation issues appropriate oral instructions to Custodian and an appropriate officers' certificate is received by Custodian within two business days thereafter.

Receipt and Disbursement of Money. A. The Custodian shall open and maintain a separate account or accounts in the name of the CorporationFund, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement. The Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the CorporationFund. The Custodian shall make payments of cash to, or for the account of, the Corporation Fund from such cash only (a) for upon the purchase of securities for the portfolio of the Corporation upon Fund and the delivery of such securities to the Custodian, registered in the name of the Corporation Fund or of the nominee of the Custodian referred to in Section Sec. 7 or in proper form for transfer, (b) for the purchase or redemption of shares of the common capital stock of the Corporation upon delivery thereof to CustodianFund, (c) for the payment of interest, dividends, taxes, investment adviser's management or supervisory fees or operating expenses (including, without limitation thereto, fees for legal, accounting, accounting and auditing and custodian services and expenses for printing and postageservices), (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation Fund held by or to be delivered to the Custodian, or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the Corporationpurposes. Before making any such payment the Custodian shall receive (and may rely upon) an officers' certificate requesting such payment and stating that it is for a purpose permitted under the terms of items (a), (b), (c) or (d) of this Subsection subsection A, and also, in respect of item (e), or upon receipt of a certified copy of a resolution of the Board of Directors or of the Executive Committee of the Fund signed by an officers' certificate officer of the Fund and certified by its Secretary or an Assistant Secretary, specifying the amount of such payment, setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate purpose, and naming the person or persons to whom such payment is to be made; provided, however, that an officers' certificate need not precede the disbursement in respect of cash for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer of the Corporation issues appropriate oral instructions to Custodian and an appropriate officers' certificate is received by Custodian within two business days thereafteritem (e).

Receipt and Disbursement of Money. A. Custodian shall open and maintain a separate account or accounts in the name of the Corporation, subject only to draft or order by Custodian acting pursuant to the terms of this Agreement. Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Corporation. Custodian shall make payments of cash to, or for the account of, the Corporation from such cash only (a) for the purchase of securities for the portfolio of the Corporation upon the delivery of such securities to Custodian, registered in the name of the Corporation or of the nominee of Custodian referred to in Section 7 or in proper form for transfer, ; (b) for the purchase or redemption of shares of the common stock of the Corporation upon delivery thereof to Custodian, ; (c) for the payment of interest, dividends, taxes, investment adviser's management or supervisory fees or operating expenses (including, without limitation thereto, fees for legal, accounting, auditing and custodian services and expenses for printing and postage), ; (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation held by or to be delivered to Custodian, ; or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the Corporationpurposes. Before making any such payment Custodian shall receive (and may rely upon) an officers' certificate requesting such payment and stating that it is for a purpose permitted under the terms term of items (a), (b), (c) or (d) of this Subsection A, and also, in respect of item (e), upon receipt of an officers' certificate specifying the amount of such payment, setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate purpose, and naming the person or persons to whom such payment is to be made; provided, however, that an . An officers' certificate need not precede proceed the disbursement of cash for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer any one of the Corporation corporation's officers issues appropriate oral instructions to the Custodian and an appropriate officers' certificate is received by the Custodian within two (2) business days thereafter.

Receipt and Disbursement of Money. A. Custodian shall open and maintain a separate account or accounts in the name of the CorporationFund, subject only to draft or order by Custodian acting pursuant to the terms of this Agreement. Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the CorporationFund. Custodian shall make payments of cash to, or for the account of, the Corporation Fund from such cash only only: (a) for the purchase of securities for the portfolio of the Corporation Fund upon the delivery of such securities to Custodian, registered in the name of the Corporation Fund or of the nominee of Custodian referred to in Section 7 or in proper form for transfer, ; (b) for the purchase or redemption of shares of the common stock of the Corporation Fund upon delivery thereof to Custodian, or upon proper instructions from the Xxxxxxxx Money Market Fund; (c) for the payment of interest, dividends, taxes, investment adviser's fees or operating expenses (including, without limitation thereto, fees for legal, accounting, auditing and custodian services and expenses for printing and postage), ; (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation Fund held by or to be delivered to Custodian, ; or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the CorporationFund. Before making any such payment payment, Custodian shall receive (and may rely upon) an officers' certificate requesting such payment and stating that it is for a purpose permitted under the terms of items (a), (b), (c) or (d) of this Subsection A, and also, in respect of item (e), upon receipt of an officers' certificate specifying the amount of such payment, setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate purpose, and naming the person or persons to whom such payment is to be made; , provided, however, that an officers' certificate need not precede the disbursement of cash for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer of the Corporation Fund issues appropriate oral or facsimile instructions to Custodian and an appropriate officers' certificate is received by Custodian within two business days thereafter.

Receipt and Disbursement of Money. A. The Custodian shall open and maintain a separate account or accounts in the name of each Series of the CorporationTrust, subject only to draft or order by the Custodian acting pursuant to the terms of this Agreement. Custodian The custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of each applicable Series of the CorporationTrust. The Custodian shall make payments of cash to, or for the account of, each applicable Series of the Corporation Trust from such cash only (a) for the purchase of securities for the portfolio of each Series of the Corporation Trust upon the delivery of such securities to the Custodian, registered in the name of the Corporation Trustees for the benefit of the appropriate Series of the Trust or of the nominee of the Custodian referred to in Section 7 or in proper form for transfer, transfer (b) for the purchase or redemption of shares of the common capital stock of any applicable Series of the Corporation upon delivery thereof to CustodianTrust, (c) for the payment of interest, dividends, taxes, investment adviser's management or supervisory fees or operating expenses (including, without limitation thereto, fees for legal, accounting, accounting and auditing and custodian services and expenses for printing and postageservices), (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by any applicable Series of the Corporation Trust held by or to be delivered to the Custodian, or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the Corporationpurposes. Before making any such payment the Custodian shall receive (and may rely upon) an officers' officer's certificate requesting such payment and stating that it is for a purpose permitted under the terms of items (a), (b), (c) ), or (d) of or this Subsection subsection A, and also, in respect of item (e), upon receipt of an officers' officer's certificate and certified copy of a resolution of the Trustees or of the appropriate Committee of the Trustees signed by an officer of the Trust and certified by its Secretary or an Assistant Secretary, specifying the amount of such payment, setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate purposepurpose of the Trust, and naming the person or persons to whom such payment is to be made; provided, however, that an officers' certificate need not precede the disbursement of cash for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer of the Corporation issues appropriate oral instructions to Custodian and an appropriate officers' certificate is received by Custodian within two business days thereafter.

Receipt and Disbursement of Money. A. Custodian shall open and maintain a separate account or accounts in the name of each of the CorporationFunds, subject only to draft or order by Custodian acting pursuant to the terms of this Agreement. Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Corporationrelevant Fund. Custodian shall make payments of cash to, or for the account of, the Corporation a Fund from such cash only (a) for the purchase of securities for the portfolio of the Corporation such Fund upon the delivery of such securities to Custodian, registered in the name of the Corporation or of the nominee of Custodian referred to in Section 7 or in proper form for transfer, (b) for the purchase or redemption of shares of the common stock of the Corporation such Fund upon delivery thereof to Custodian, (c) for the payment of interest, dividends, taxes, investment adviser's fees or operating expenses (including, without limitation thereto, fees for legal, accounting, auditing and custodian services and expenses for printing and postage), (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation such Fund held by or to be delivered to Custodian, or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the Corporation. Before making any such payment Custodian shall receive (and may rely upon) an officers' certificate requesting such payment and stating that it is for a purpose permitted under the terms of items (a), (b), (c) or (d) of this Subsection A, and also, in respect of item (e), upon receipt of an officers' certificate specifying the amount of such payment, setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate purpose, and naming the person or persons to whom such payment is to be made; provided, however, that an officers' certificate need not precede the disbursement of cash for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer of the Corporation issues appropriate oral instructions to Custodian and an appropriate officers' certificate is received by Custodian within two business days thereafter. B. Custodian is hereby authorized to endorse and collect all checks, drafts or other orders for the payment of money received by Custodian for the account of any Fund.

Receipt and Disbursement of Money. A. Custodian shall open and maintain a separate account or accounts in the name of the Corporation, subject only to draft or order by Custodian acting pursuant to the terms of this Agreement. Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Corporation. Custodian shall make payments of cash to, or for the account of, the Corporation from such cash only (a) for the purchase of securities for the portfolio of the Corporation upon the delivery of such securities to Custodian, registered in the name of the Corporation or of the nominee of Custodian referred to in Section 7 or in proper form for transfer, (b) for the purchase or redemption of shares of the common stock of the Corporation upon delivery thereof to Custodian, (c) for the payment of interest, dividends, taxes, investment adviser's fees or operating expenses (including, without limitation thereto, fees for legal, accounting, auditing and custodian services and expenses for printing and postage), (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation held by or to be delivered to Custodian, or (e) for other proper corporate purposes certified by resolution of the Board of Directors Director of the Corporation. Before making any such payment Custodian shall receive (and may rely upon) an officers' certificate requesting such payment and stating that it is for a purpose permitted under the terms of items (a), (b), (c) or (d) of this Subsection A, and also, in respect of item (e), upon receipt of an officers' certificate specifying the amount of such payment, setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate purpose, and naming the person or persons to whom such payment is to be made; provided, however, that an officers' certificate need not precede the disbursement of cash for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer of the Corporation issues appropriate oral instructions to Custodian and an appropriate officers' certificate is received by Custodian within two business days thereafter.

Receipt and Disbursement of Money. A. Custodian shall open and maintain a separate account or accounts in the name of the CorporationFund, subject only to draft or order by Custodian acting pursuant to the terms of this Agreement. Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the CorporationFund. Custodian shall make payments of cash to, or for the account of, the Corporation Fund from such cash only only: (a) for the purchase of securities for the portfolio of the Corporation Fund upon the delivery of such securities to Custodian, registered in the name of the Corporation Fund or of the nominee of Custodian referred to in Section 7 or in proper form for transfer, ; (b) for the purchase or redemption of shares of the common stock of the Corporation Fund upon delivery thereof to Custodian, or upon proper instructions from the Xxxxxxxx U.S. Government Bond Fund; (c) for the payment of interest, dividends, taxes, investment adviser's fees or operating expenses (including, without limitation thereto, fees for legal, accounting, auditing and custodian services and expenses for printing and postage), ; (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation Fund held by or to be delivered to Custodian, ; or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the CorporationFund. Before making any such payment payment, Custodian shall receive (and may rely upon) an officers' certificate requesting such payment and stating that it is for a purpose permitted under the terms of items (a), (b), (c) or (d) of this Subsection A, and also, in respect of item (e), upon receipt of an officers' certificate specifying the amount of such payment, setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate purpose, and naming the person or persons to whom such payment is to be made; , provided, however, that an officers' certificate need not precede the disbursement of cash for the purpose of purchasing a money market instrument instrument, or any other security with same or next-day settlement, if the President, a Vice President, the Secretary or the Treasurer of the Corporation Fund issues appropriate oral or facsimile instructions to Custodian and an appropriate officers' certificate is received by Custodian within two business days thereafter.

Receipt and Disbursement of Money. A. Custodian shall open and maintain a separate account or accounts in the name of the CorporationFunds, subject only to draft or order by Custodian acting pursuant to the terms of this Agreement, ("Direct Demand Deposit Account"). Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account accounts of the CorporationFunds. This shall include, without limitation, the proceeds from the sale of shares of the capital stock of the Funds which shall be received along with proper instructions from the Trust. All such payments received by Custodian shall be converted to Federal Funds no later than the day after receipt and deposited to such Direct Demand Deposit Account. Custodian shall make payments of cash to, or for the account of, the Corporation Funds from such cash or Direct Demand Deposit Account only (a) for the purchase of securities for the portfolio of the Corporation Funds upon the delivery of such securities to Custodian, Custodian registered in the name of the Corporation Custodian or of the nominee of Custodian referred to or nominees thereof, in Section 7 or in the proper form for transfer, (b) for the purchase or redemption of shares of the common capital stock of the Corporation upon delivery thereof to CustodianFunds, (c) for the payment of interest, dividends, taxes, investment adviser's management or supervisory fees or any operating expenses (including, without limitation limitations thereto, insurance premiums, fees for legal, accounting, accounting and auditing and custodian services and expenses for printing and postageservices), (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation Funds held by or to be delivered to Custodian, ; or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the CorporationTrust purposes. Before making any such payment payment, Custodian shall receive (and may rely upon) an officers' certificate , proper instructions requesting such payment and stating that it is for a purpose permitted under setting forth the terms of items (a), (b), (c) or (d) of this Subsection A, and also, in respect of item (e), upon receipt of an officers' certificate specifying the amount purposes of such payment, setting forth the purpose for which such payment . Custodian is hereby authorized to be made, declaring such purpose to be a proper corporate purpose, endorse and naming the person or persons to whom such payment is to be made; provided, however, that an officers' certificate need not precede the disbursement of cash collect for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer account of the Corporation issues appropriate oral instructions to Custodian and an appropriate officers' certificate is Funds all checks, drafts or other orders for the payment of money received by Custodian within two business days thereafter.for the account of the Funds

Receipt and Disbursement of Money. A. Custodian shall open and maintain a separate account or accounts in the name of the Corporation, subject only to draft or order by Custodian acting pursuant to the terms of this Agreement. Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Corporation. Custodian shall make payments of cash to, or for the account of, the Corporation from such cash only (a) for the purchase of securities for the portfolio of the Corporation upon the delivery of such securities to Custodian, registered in the name of the Corporation or of the nominee of Custodian referred to in Section 7 or in proper form for transfer, (b) for the purchase or redemption of shares of the common stock of the Corporation upon delivery thereof to Custodian, (c) for the payment of interest, dividends, taxes, investment adviser's fees or operating expenses (including, without limitation thereto, fees for legal, accounting, auditing and custodian services and expenses for printing and postage), (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation held by or to be delivered to Custodian, or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the Corporation. Before making any such payment Custodian shall receive (and may rely upon) an officers' certificate requesting such payment and stating that it is for a purpose permitted under the terms of items (a), (b), (c) or (d) of this Subsection A, and also, in respect of item (e), upon receipt of an officers' certificate specifying the amount of such payment, setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate purpose, and naming the person or persons to whom such payment is to be made; provided, however, that an officers' certificate need not precede the disbursement of cash for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer of the Corporation issues appropriate oral instructions to Custodian and an appropriate officers' certificate is received by Custodian within two business days thereafter. B. Custodian is hereby authorized to endorse and collect all checks, drafts or other orders for the payment of money received by Custodian for the account of the Corporation.

Receipt and Disbursement of Money. A. Custodian shall open and maintain a separate account or accounts in the name of the CorporationFund, subject only to draft or order by Custodian acting pursuant to the terms of this Agreement. Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the CorporationFund. Custodian shall make payments of cash to, or for the account of, the Corporation Fund from such cash only only: (a) for the purchase of securities for the portfolio of the Corporation Fund upon the delivery of such securities to Custodian, registered in the name of the Corporation Fund or of the nominee of Custodian referred to in Section 7 or in proper form for transfer, ; (b) for the purchase or redemption of shares of the common stock of the Corporation Fund upon delivery thereof to Custodian, Custodian or upon proper instructions from the Xxxxxxxx Opportunity Fund; (c) for the payment of interest, dividends, taxes, investment adviser's fees or operating expenses (including, without limitation thereto, fees for legal, accounting, auditing and custodian services and expenses for printing and postage), ; (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation Fund held by or to be delivered to Custodian, ; or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the CorporationFund. Before making any such payment payment, Custodian shall receive (and may rely upon) an officers' certificate requesting such payment and stating that it is for a purpose permitted under the terms of items (a), (b), (c) or (d) of this Subsection A, and also, in respect of item (e), upon receipt of an officers' certificate specifying the amount of such payment, setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate purpose, and naming the person or persons to whom such payment is to be made; , provided, however, that an officers' certificate need not precede the disbursement of cash for the purpose of purchasing a money market instrument instrument, or any other security with same or next-day settlement, if the President, a Vice President, the Secretary or the Treasurer of the Corporation Fund issues appropriate oral or facsimile instructions to Custodian and an appropriate officers' certificate is received by Custodian within two business days thereafter.

Receipt and Disbursement of Money. A. Custodian shall open and maintain a separate account or accounts in the name of the CorporationFund, subject only to draft or order by Custodian acting pursuant to the terms of this Agreement. Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the CorporationFund. Custodian shall make payments of cash to, or for the account of, the Corporation Fund from such cash only (a) for the purchase of securities for the portfolio of the Corporation Fund upon the delivery of such securities to Custodian, registered in the name of the Corporation Fund or of the nominee of Custodian referred to in Section 7 or in proper form for transfer, (b) for the purchase or redemption of shares of the common stock of the Corporation Fund upon delivery thereof to Custodian, (c) for the payment of interest, dividends, taxes, investment adviser's fees or operating expenses (including, without limitation thereto, fees for legal, accounting, auditing and custodian services and expenses for printing and postage), (d) for payments in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation Fund held by or to be delivered to Custodian, or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the CorporationFund. Before making any such payment Custodian shall receive (and may rely upon) an officers' certificate requesting such payment and stating that it is for a purpose permitted under the terms of items (a), (b), (c) or (d) of this Subsection A, and also, in respect of item (e), upon receipt of an officers' certificate specifying the amount of such payment, setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate purpose, and naming the person or persons to whom such payment is to be made; provided, however, that an officers' certificate need not precede the disbursement of cash for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer of the Corporation Fund issues appropriate oral instructions to Custodian and an appropriate officers' certificate is received by Custodian within two business days thereafter.

Receipt and Disbursement of Money. A. Custodian shall open and maintain a separate account or accounts in the name of each series of the CorporationCorporation identified on Attachment A to this Agreement, as modified from time to time by the mutual consent of the parties hereto (the "Series"), subject only to draft or order by Custodian acting pursuant to the terms of this Agreement. Custodian shall hold in such account or accounts, subject to the provisions hereof, all cash received by it from or for the account of the Corporationappropriate Series. Custodian shall make payments of cash to, or for the account of, the Corporation each Series from such cash only only: (a) for the purchase of securities for the portfolio of the Corporation such Series upon the delivery of such securities to Custodian, registered in the name of the Corporation appropriate Series or of the nominee of Custodian referred to in Section 7 or in proper form for transfer, ; (b) for the purchase or redemption of shares of the common stock of the Corporation such Series upon delivery thereof to Custodian, ; (c) for the payment of interest, dividends, taxes, investment adviser's management or supervisory fees or operating expenses (including, without limitation theretothereof, fees for legal, accounting, auditing and custodian custodial services and expenses for printing and postage), ; (d) for payments payment in connection with the conversion, exchange or surrender of securities owned or subscribed to by the Corporation such Series held by or to be delivered to Custodian, ; or (e) for other proper corporate purposes certified by resolution of the Board of Directors of the Corporationpurposes. Before making any such payment Custodian shall receive (and may rely upon) an officers' certificate requesting such payment and stating that it is for a purpose permitted under the terms of items (a), (b), (c) or (d) of this Subsection A, and also, in respect of item (e), upon receipt of an officers' certificate specifying the amount of such payment, setting forth the purpose for which such payment is to be made, declaring such purpose to be a proper corporate purpose, and naming the person or persons to whom such payment is to be made; provided, however, that an officers' . An officer's certificate need not precede the disbursement of cash for the purpose of purchasing a money market instrument if the President, a Vice President, the Secretary or the Treasurer any one of the Corporation Corporation's officers issues appropriate oral instructions to the Custodian and an appropriate officers' certificate is received by the Custodian within two (2) business days thereafter.