Common use of Sales of Securities Clause in Contracts

Sales of Securities. Upon receipt of proper ------------------- instructions, to make delivery of securities which have been sold for the account of the Fund, but only against payment therefor (1) in cash, by a certified check, bank cashier's check, bank credit, or bank wire transfer, or (2) by credit to the account of the Custodian with a clearing corporation of a national securities exchange of which the Custodian is a member, or (3) by credit to the account of the Custodian or an Agent of the Custodian with a Securities System.

Appears in 4 contracts

Samples: Custodian Agreement (Merrill Lynch Large Cap Series Funds Inc), Custodian Agreement (Merrill Lynch Latin America Fund Inc), Custodian Agreement (Merrill Lynch Global Allocation Fund Inc)

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Sales of Securities. Upon receipt of proper ------------------- instructions, to make ------------------- delivery of securities which have been sold for the account of the Fund, but only against payment therefor (1) in cash, by a certified check, bank cashier's check, bank credit, or bank wire transfer, or (2) by credit to the account of the Custodian with a clearing corporation of a national securities exchange of which the Custodian is a member, or (3) by credit to the account of the Custodian or an Agent of the Custodian with a Securities System.

Appears in 3 contracts

Samples: Custodian Agreement (Global Financial Services Master Trust), Custodian Agreement (Mercury Large Cap Series Funds Inc), Custodian Agreement (Master Large Cap Series Trust)

Sales of Securities. Upon receipt of proper ------------------- instructions, to make delivery of securities which have been sold for the account of the Fund, but only against payment therefor (1) in cash, by a certified check, bank cashier's check, bank credit, or bank wire transfer, or (2) by credit to the account of the Custodian with a clearing corporation of a national securities exchange of which the Custodian is a member, or (3) by credit to the account of the Custodian or an Agent of the Custodian with a Securities System.

Appears in 2 contracts

Samples: Custodian Agreement (Scudder International Fund Inc), Custodian Agreement (Merrill Lynch Technology Leaders Fund Inc)

Sales of Securities. Upon receipt of proper ------------------- instructions, to make delivery of securities which have been sold for the account of the Fund, but only against payment therefor (1) in cash, by a certified check, bank cashier's check, bank credit, or bank wire transfer, ; or (2) by credit to the account of the Custodian with a clearing corporation of a national securities exchange of which the Custodian is a member, or (3) by credit to the account of the Custodian or an Agent of the Custodian with a Securities System.

Appears in 1 contract

Samples: Custodian Agreement (Merrill Lynch Global Financial Services Fund Inc)

Sales of Securities. Upon receipt of proper ------------------- instructionsProper Instructions, to make ------------------- delivery of securities which have been sold for the account of the FundPortfolio, but only against payment therefor (1) in cash, by a certified check, bank cashier's check, bank credit, or bank wire transfer, or (2) by credit to the account of the Custodian with a clearing corporation of a national securities exchange of which the Custodian is a member, or (3) by credit to the account of the Custodian or an Agent of the Custodian with a Securities System.System in accordance with the provisions of Section 2S.

Appears in 1 contract

Samples: Custodian Agreement (Painewebber Series Trust)

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Sales of Securities. Upon receipt of proper ------------------- instructionsProper Instructions, to make delivery of securities which have been sold for the account of the a Fund, but only against payment therefor (1) in cash, by a certified check, bank cashier's check, bank credit, or bank wire transfer, or (2) by credit to the account of the Custodian with a clearing corporation of a national securities exchange of which the Custodian is a member, or (3) by credit to the account of the Custodian or an Agent of the Custodian with a A Securities System.

Appears in 1 contract

Samples: Custodian Agreement (Bailard Biehl & Kaiser International Fund Group Inc)

Sales of Securities. Upon receipt of proper ------------------- instructions, to make delivery of securities which have been sold for the account of the Fund, but only against payment therefor (1) in cash, by a certified check, bank cashier's check, bank credit, or bank wire transfer, ; or (2) by credit to the account of the Custodian with a clearing corporation of a national securities exchange of which the Custodian is a member, or (3) by credit to the account of the Custodian or an Agent of the Custodian with a Securities System.

Appears in 1 contract

Samples: Custodian Agreement (Merrill Lynch Global Financial Services Fund Inc)

Sales of Securities. Upon receipt of proper ------------------- instructions, to make delivery of securities which have been sold for the account of the Fund, but only against payment therefor therefor (1) in cash, by a certified check, bank cashier's cashiers check, bank credit, or bank wire transfer, or (2) by credit to the account of the Custodian with a clearing corporation of a national securities exchange of which the Custodian is a member, or (3) by credit to the account of the Custodian or an Agent of the Custodian with a Securities System.

Appears in 1 contract

Samples: Custodian Agreement (Alliance International Fund Inc)

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