Scope of Delegation. The delegation contained in Section 2(a) applies only to the selection of, contracting with and monitoring of Foreign Custodians located in Selected Countries and only with respect to Assets held by such Foreign Custodians in Selected Countries. The Board and the Custodian agree that nothing in this Delegation Agreement or this Agreement as a whole shall cause or be deemed to cause any delegation to the Custodian of any of the Board's responsibilities with respect to Assets or other property held in Securities Depositories or Assets held by Foreign Custodians in jurisdictions other than Selected Countries.
Appears in 6 contracts
Samples: Delegation, Custody and Information Services Agreement (JNL Variable Fund Iii LLC), Delegation, Custody and Information Services Agreement (Jnlny Variable Fund I LLC), Delegation, Custody and Information Services Agreement (JNL Series Trust)
Scope of Delegation. The delegation contained in Section 2(a) applies ------------------- only to the selection of, contracting with and monitoring of Foreign Custodians located in Selected Countries and only with respect to Assets held by such Foreign Custodians in Selected Countries. The Board and the Custodian agree that nothing in this Delegation Agreement or this Agreement as a whole shall cause or be deemed to cause any delegation to the Custodian of any of the Board's responsibilities with respect to Assets Assets, Securities or other property held in Securities Depositories or Assets held by Foreign Custodians in jurisdictions other than Selected Countries.
Appears in 2 contracts
Samples: Delegation, Custody and Information Services Agreement (Sierra Asset Management Portfolios), Delegation, Custody and Information Services Agreement (Composite Bond & Stock Fund Inc)
