Common use of Receipt and Holding of Assets Clause in Contracts

Receipt and Holding of Assets. The Company will deliver or cause to be delivered to the Custodian all Securities and monies owned by the Fund, including cash received from the issuance of Shares, at any time during the period of this Agreement. The Custodian will not be responsible for such Securities and monies until actually received by it. The Company shall instruct the Custodian from time to time in its sole discretion, by means of Written Instructions, or, in connection with the purchase or sale of Money Market Securities, by means of Oral Instructions or Written Instructions, as to the manner in which and in what amounts Securities and monies are to be deposited on behalf of the Fund in the Book-Entry System or a Depository and specifically allocated on the books of the Custodian to the Fund; provided, however, that prior to the initial deposit of Securities of the Funds in the Book-Entry System or a Depository, including a deposit in connection with the settlement of a purchase or sale, the Custodian shall have received a Certificate or Written Instructions specifically approving such deposits by the Custodian in the Book-Entry System or a Depository. Securities and monies of the Fund deposited in the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts which the Custodian acts in a fiduciary or representative capacity.

Receipt and Holding of Assets. The Company Trust will deliver or cause to be delivered to the Custodian all Securities and monies owned by the Fund, including cash received from the issuance of Shares, it at any time during the period of this AgreementAgreement and shall specify the Portfolio to which the Securities and monies are to be specifically allocated. The Custodian will not be responsible for such Securities and monies until actually received by it. The Company Trust shall instruct the Custodian from time to time in its sole discretion, by means of Written Instructionsa Certificate, or, in connection with the purchase or sale of Money Market Securities, by means of Oral Instructions or Written Instructionsa Certificate, as to the manner in which and in what amounts Securities and monies of a Portfolio are to be deposited on behalf of the Fund such Portfolio in the Book-Entry System or a the Depository and specifically allocated on the books of the Custodian to the Fundsuch Portfolio; provided, however, that prior to the initial deposit of Securities of the Funds a Portfolio in the Book-Entry System or a the Depository, including a deposit in connection with the settlement of a purchase or sale, the Custodian shall have received a Certificate or Written Instructions specifically approving such deposits by the Custodian in the Book-Entry System or a the Depository. Securities and monies of the Fund Trust deposited in the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts in which the Custodian acts in a fiduciary or representative capacity.

Receipt and Holding of Assets. The Company Trust will deliver or cause to ------------------------------ be delivered to the Custodian all Securities and monies moneys owned by the Fund, including cash received from the issuance of Shares, it at any time during the period of this AgreementAgreement and shall specify the Series to which the Securities and moneys are to be specifically allocated. The Custodian shall keep and maintain the assets of each Series separate and apart, including separate identification of Securities held in the Book-Entry System. The Custodian will not be responsible for such Securities and monies moneys until actually received by it. The Company Trust shall instruct the Custodian from time to time in its sole discretion, by means of Written Instructions, or, in connection with the purchase or sale of Money Market Securities, by means of Oral Instructions or Written Instructions, as to the manner in which and in what amounts Securities and monies moneys of a Series are to be deposited on behalf of the Fund such Series in the Book-Entry System or a the Depository and specifically allocated on the books of the Custodian to the Fundsuch Series; provided, however, that prior to the initial deposit of Securities of the Funds a Series in the Book-Entry System or a the Depository, including a deposit in connection with the settlement of a purchase or sale, the Custodian shall have received a Certificate or Written Instructions specifically approving such deposits by the Custodian in the Book-Entry System or a the Depository. Securities and monies of the Fund deposited in the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts which the Custodian acts in a fiduciary or representative capacity.

Receipt and Holding of Assets. The Company Separate Account will deliver or cause to be delivered to the Custodian all Securities and monies owned by the Fund, including cash received from the issuance of Shares, it at any time during the period of this Agreement. The Custodian will not be responsible for such Securities and monies until actually received by it. The Company Separate Account shall instruct the Custodian from time to time in its sole discretion, by means of Written Instructions, or, in connection with the purchase or sale of Money Market Securities, by means of Oral Instructions confirmed in writing in accordance with Section 11(h) hereof or Written Instructions, as to the manner in which and in what amounts Securities and monies are to be deposited on behalf of the Fund Separate Account in the Book-Entry System or a Depository and specifically allocated on the books of the Custodian to the FundDepository; provided, however, that prior to the initial deposit of Securities of the Funds Separate Account in the Book-Book- Entry System or a the Depository, including a deposit in connection with the settlement of a purchase or sale, the Custodian shall have received a Certificate or Written Instructions specifically approving such deposits by the Custodian in the Book-Entry System or a the Depository. Securities and monies of the Fund Separate Account deposited in the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts for which the Custodian acts in a fiduciary or representative capacity.

Receipt and Holding of Assets. The Company Trust will deliver or cause to be delivered to the Custodian all Securities and monies moneys owned by the Fundit, including cash received from the issuance issuances of its Shares, at any time during the period of this AgreementAgreement and shall specify the Series to which the Securities and moneys are to be specifically allocated. The Custodian shall segregate and keep apart on its books, the assets of each Series separate and apart, including separate identification of Securities held in the Book-Entry System. The Custodian will not be responsible for such Securities and monies moneys until actually received by it. The Company Trust shall instruct the Custodian from time to time in its sole discretion, by means of Written Instructions, or, in connection with the purchase or sale of Money Market Securities, by means of Oral Instructions or Written Instructions, as to the manner in which and in what amounts Securities and monies moneys of a Series are to be deposited on behalf of the Fund such Series in the Book-Entry System or a the Depository and specifically allocated on the books of the Custodian to the Fundsuch Series; provided, however, that prior to the initial deposit of Securities of the Funds a Series in the Book-Entry System or a the Depository, including a deposit in connection with the settlement of a purchase or sale, the Custodian shall have received a Certificate or Written Instructions specifically approving such deposits by the Custodian in the Book-Entry System or a the Depository. Securities and monies moneys of the Fund Trust deposited in the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts in which the Custodian acts in a fiduciary or representative capacity.

Receipt and Holding of Assets. The Company St. Clair will deliver or cause to be delivered to the Custodian all Securities and monies owned by the FundFunds, including cash received from the issuance of Shares, at any time during the period of this Agreement. The Custodian will not be responsible for such Securities and monies until actually received by it. The Company St. Clair shall instruct the Custodian from time to time in its sole discretion, by means of Written Instructions, or, in connection with the purchase or sale of Money Market Securities, by means of Oral Instructions or Written Instructions, as to the manner in which and in what amounts Securities and monies are to be deposited on behalf of the Fund Funds in the Book-Entry System or a Depository and specifically allocated on the books of the Custodian to the FundFunds; provided, however, that prior to the initial deposit of Securities of the Funds in the Book-Entry System or a Depository, including a deposit in connection with the settlement of a purchase or sale, the Custodian shall have received a Certificate or Written Instructions specifically approving such deposits by the Custodian in the Book-Entry System or a Depository. Securities and monies of the Fund Funds deposited in the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts which the Custodian acts in a fiduciary or representative capacity.

Receipt and Holding of Assets. The Company will Trust shall deliver or cause to be delivered to the Custodian all Securities and monies owned by the Fund, including cash received from the issuance of Shares, each Fund at any time during the period of this Agreement. The Custodian will shall not be responsible for such Securities and monies until actually received by it. The Company Trust shall instruct the Custodian from time to time in its sole discretion, by means of Written Instructions, or, in connection with the purchase or sale of Money Market Securities, by means of Oral Instructions confirmed in writing in accordance with Section 11(h) hereof or Written Instructions, as to the manner in which and in what amounts Securities and monies are to be deposited on behalf of the each Fund in the Book-Entry System or a Depository and specifically allocated on the books of the Custodian to the FundDepository; provided, however, that prior to the initial deposit of Securities of the Funds a Fund in the Book-Entry System or a the Depository, including a deposit in connection with the settlement of a purchase or sale, the Custodian shall have received a Certificate or Written Instructions specifically approving such deposits by the Custodian in the Book-Entry System or a the Depository. Securities and monies of the Fund Trust deposited in the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts for which the Custodian acts in a fiduciary or representative capacity.

Receipt and Holding of Assets. The Company Fund will deliver or cause to be delivered to the Custodian all Securities and monies owned by the Fund, including cash received from the issuance of Shares, it at any time during the period of this Agreement. The Custodian will not be responsible for such Securities and monies until actually received by it. The Company Fund shall instruct the Custodian from time to time in its sole discretion, by means of Written Instructions, or, in connection with the purchase or sale of Money Market Securities, by means of Oral Instructions or Written Instructions, as to the manner in which and in what amounts Securities and monies are to be deposited on behalf of the Fund in the Book-Entry System or a Depository and specifically allocated on the books of the Custodian to the FundDepository; provided, however, that prior to the initial deposit of Securities of the Funds Fund in the Book-Entry entry System or a the Depository, including a deposit in connection with the settlement of a purchase or sale, the Custodian shall have received a Certificate or Written Instructions specifically approving such deposits by the Custodian in the Book-Entry System or a the Depository. Securities and monies of the Fund deposited in the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts which the Custodian acts in a fiduciary or representative capacity.

Receipt and Holding of Assets. The Company Trust will deliver or cause to be delivered to the Custodian all Securities and monies owned by the Fund, including cash received from the issuance of Shares, it at any time during the period of this AgreementAgreement and shall specify the Portfolio to which the Securities and monies are to be specifically allocated. The Custodian will not be responsible for such Securities and monies until actually received by it. The Company Trust shall instruct the Custodian from time to time in its sole discretion, by means of a Written InstructionsInstruction, or, in connection with the purchase or sale of Money Market Securities, by means of an Oral Instructions Instruction or a Written InstructionsInstruction, as to the manner in which and in what amounts Securities and monies of a Portfolio are to be deposited on behalf of the Fund such Portfolio in the Book-Entry System or a Depository and specifically allocated on the books of the Custodian to the Fundsuch Portfolio; provided, however, that prior to the initial deposit of Securities of the Funds a Portfolio in the Book-Entry System or a Depository, including a deposit in connection with the settlement of a purchase or sale, the Custodian shall have received a Certificate or Written Instructions specifically approving such deposits by the Custodian in the Book-Entry System or a Depository. Securities and monies of the Fund a Portfolio deposited in the Book-Entry System or the a Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts which the Custodian acts in a fiduciary or representative capacity.

Receipt and Holding of Assets. The Company Trust will deliver or cause to be delivered to the Custodian and the Sub-Custodians all Securities and monies owned by the Fund, including cash received from the issuance of Shares, Trust at any time during the period of this AgreementAgreement and shall specify the Portfolio to which the Securities and monies are to be specifically allocated. The Custodian will not be responsible for such Securities and monies until actually received by itit or by a Sub-Custodian. The Company Trust shall instruct the Custodian from time to time in its sole discretion, by means of Written Instructions, or, in connection with the purchase or sale of Money Market Securities, by means of Oral Instructions or Written Instructions, as to the manner in which and in what amounts Securities and monies of a Portfolio are to be deposited on behalf of the Fund such Portfolio in the Book-Entry System or a Depository and specifically allocated on the books of the Custodian to the FundDepository; provided, however, that prior to the initial deposit of Securities of the Funds a Portfolio in the Book-Entry System or a the Depository, including a deposit in connection with the settlement of a purchase or sale, the Custodian shall have received a Certificate or Written Instructions specifically approving such deposits by the Custodian or a Sub-Custodian in the Book-Entry System or a the Depository. Securities and monies of the Fund a Portfolio deposited in the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian for its customers, including but not limited to accounts which the Custodian acts in a fiduciary or representative capacity.

Receipt and Holding of Assets. The Company St. Clair will deliver or cause to be delivered to the Custodian all Securities and monies owned by the FundFunds, including cash received from the issuance of Shares, at any time during the period of this Agreement. The Custodian will not be responsible for such Securities and monies until actually received by it. The Company St. Clair shall instruct the Custodian from time to time in its sole discretion, by means of Written Instructions, or, in connection with the purchase or sale of Money Market Securities, by means of Oral Instructions or Written Instructions, as to the manner in which and in what amounts Securities and monies are to be deposited on behalf of the Fund Funds in the Book-Entry System or a Depository and specifically allocated on the books of the Custodian to the FundFunds; provided, however, that prior to the initial deposit of Securities of the Funds in the Book-Entry System or a Depository, including a deposit in connection with the settlement of a purchase or sale, the Custodian shall have received a Certificate or Written Instructions specifically approving such deposits by the Custodian in the Book-Entry System or a Depository. Securities and monies of the Fund Funds deposited in the Book-Entry System or the Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts which the Custodian acts in a fiduciary or representative capacity.

Receipt and Holding of Assets. The Company Trust will deliver or cause to be delivered to the Custodian all Securities and monies owned by the Fund, including cash received from the issuance of Shares, it at any time during the period of this AgreementAgreement and shall specify the Fund to which the Securities and monies are to be specifically allocated. The Custodian will not be responsible for such Securities and monies until actually received by it. The Company Trust shall instruct the Custodian from time to time in its sole discretion, by means of a Written InstructionsInstruction, or, in connection with the purchase or sale of Money Market Securities, by means of an Oral Instructions Instruction or a Written InstructionsInstruction, as to the manner in which and in what amounts Securities and monies of a Fund are to be deposited on behalf of the such Fund in the Book-Entry System or a Depository and specifically allocated on the books of the Custodian to the such Fund; provided, however, that prior to the initial deposit of Securities of the Funds a Fund in the Book-Entry System or a Depository, including a deposit in connection with the settlement of a purchase or sale, the Custodian shall have received a Certificate or Written Instructions specifically approving such deposits by the Custodian in the Book-Entry System or a Depository. Securities and monies of the a Fund deposited in the Book-Entry System or the a Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts which the Custodian acts in a fiduciary or representative capacity.