Common use of Scope of Delegated Responsibilities Clause in Contracts

Scope of Delegated Responsibilities. Subject to the provisions of this Section 4.2, the Foreign Custody Manager may place and maintain Foreign Assets in the care of an Eligible Foreign Custodian selected by the Foreign Custody Manager in each applicable Covered Foreign Country. The Foreign Custody Manager shall determine that (a) the Foreign Assets will be

Appears in 6 contracts

Samples: Master Custodian Agreement (Fpa U.S. Value Fund Inc), Master Custodian Agreement (Fpa Funds Trust), Master Custodian Agreement (Fpa Paramount Fund Inc)

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Scope of Delegated Responsibilities. Subject to the provisions of this Section 4.2, the Foreign Custody Manager may place and maintain Foreign Assets in the care of an Eligible Foreign Custodian selected by the Foreign Custody Manager in each applicable Covered Foreign Country. The Foreign Custody Manager shall determine that (a) the Foreign Assets will beInformation Classification: Limited Access

Appears in 1 contract

Samples: Sub Custodian Agreement (Short Term Investment Fund for Puerto Rico Residents, Inc.)

Scope of Delegated Responsibilities. Subject to the provisions of this Section 4.2, the Foreign Custody Manager may place and maintain Foreign Assets in the care of an Eligible Foreign Custodian selected by the Foreign Custody Manager in each applicable Covered Foreign Country. The Foreign Custody Manager shall determine that (a) the Foreign Assets will bebe subject to reasonable care, based on the standards applicable to custodians in the country in which

Appears in 1 contract

Samples: Master Custodian Agreement (Smead Funds Trust)

Scope of Delegated Responsibilities. Subject to the provisions of this Section 4.2, the Foreign Custody Manager may place and maintain Foreign Assets in the care of an Eligible Foreign Custodian selected by the Foreign Custody Manager in each applicable Covered Foreign Country. The Foreign Custody Manager shall determine that (a) the Foreign Assets will bebe subject to reasonable care, based on the standards applicable to custodians in the country in which the Foreign Assets will be held by the Eligible Foreign Custodian, after considering all factors relevant to the safekeeping of such assets, including,

Appears in 1 contract

Samples: Master Custodian Agreement (Ivy NextShares)

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Scope of Delegated Responsibilities. Subject to the provisions of this Section 4.2, the Foreign Custody Manager may place and maintain Foreign Assets in the care of an Eligible Foreign Custodian selected by the Foreign Custody Manager in each applicable Covered Foreign Country. The Foreign Custody Manager shall determine that (a) the Foreign Assets will beThe

Appears in 1 contract

Samples: Master Custodian Agreement (AltShares Trust)

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