Common use of Segregated Account Clause in Contracts

Segregated Account. The Custodian shall, upon receipt of Proper Instructions, establish and maintain a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or investments, including investments maintained in an account by the Custodian pursuant to Section 2.10 hereof, (i) in accordance with the provisions of any agreement among the Fund, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund, (ii) for purposes of segregating cash or government investments in connection with options purchased, sold or written by the Fund or commodity futures contracts or options thereon purchased or sold by the Fund, (iii) for the purposes of compliance by the Fund with the procedures required by 1940 Act Release No. 10666, or any other procedures subsequently required under the 1940 Act relating to the maintenance of segregated accounts by registered investment companies, and (iv) for other purposes, but only, in the case of clause (iv) upon receipt of Proper Instructions specifying (a) the investments to be delivered, (b) setting forth the purpose for which such delivery is to be made, and (c) naming the person or persons to whom delivery of such investments shall be made.

Segregated Account. The Custodian shall, shall upon receipt of Proper Instructions, Instructions from the Fund on behalf of each applicable Portfolio establish and maintain a segregated account or accounts for and on behalf of the Fundeach such Portfolio, into which account or accounts may be transferred cash and/or investmentssecurities, including investments securities maintained in an account by the Custodian pursuant to Section 2.10 hereof, (i) in accordance with the provisions of any agreement among the FundFund on behalf of the Portfolio, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the FundPortfolio, (ii) for purposes of segregating cash or government investments securities in connection with options purchased, sold or written by the Fund Portfolio or commodity futures contracts or options thereon purchased or sold by the FundPortfolio, (iii) for the purposes of compliance by the Fund Portfolio with the procedures required by 1940 Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act Securities and Exchange Commission relating to the maintenance of segregated accounts by registered investment companies, companies and (iv) for other proper corporate purposes, but only, in the case of clause (iv) ), upon receipt of of, in addition to Proper Instructions specifying (a) from the investments to be deliveredFund on behalf of the applicable Portfolio, (b) a certified copy of a resolution of the Board of Trustees or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, setting forth the purpose for which or purposes of such delivery is segregated account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper corporate purposes.

Segregated Account. The Custodian shall, shall upon receipt of Proper Instructions, Instructions establish and maintain a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or investmentssecurities, including investments securities maintained in an account by the Custodian pursuant to Section 2.10 hereof, (i) in accordance with the provisions of any agreement among the Fund, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund, (ii) for purposes of segregating cash or government investments securities in connection with options purchased, sold or written by the Fund or commodity futures contracts or options thereon purchased or sold by the Fund, (iii) for the purposes of compliance by the Fund with the procedures required by 1940 Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act Securities and Exchange Commission relating to the maintenance of segregated accounts by registered investment companies, companies and (iv) for other proper corporate purposes, but only, in the case of clause (iv) ), upon receipt of, in addition to Proper Instructions, a certified copy of Proper Instructions specifying (a) a resolution of the investments to be deliveredBoard of Directors or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, (b) setting forth the purpose for which or purposes of such delivery is segregated account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper corporate purposes.

Segregated Account. The Custodian shall, shall upon receipt of Proper Instructions, Instructions from the Fund establish and maintain a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or investmentssecurities, including investments securities maintained in an account by the Custodian pursuant to Section 2.10 2.8 hereof, (i) in accordance with the provisions of any agreement among the Fund, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission CFTC or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund, (ii) for purposes of segregating cash or government investments securities in connection with options purchased, sold or written by the Fund or commodity futures contracts or options thereon purchased or sold by the Fund, (iii) for the purposes of compliance by the Fund with the procedures required by 1940 Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act SEC relating to the maintenance of segregated accounts by registered investment companies, companies and (iv) for other proper purposes, but only, in the case of clause (iv) ), upon receipt of Proper Instructions specifying (a) from the investments to be delivered, (b) Fund setting forth the purpose for which or purposes of such delivery is segregated account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper purposes.

Segregated Account. The Custodian shall, shall upon receipt of Proper Instructions, Instructions establish and maintain a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or investmentssecurities, including investments securities maintained in an account by the Custodian pursuant to Section 2.10 hereof, (i) in accordance with the provisions of any agreement among the Fund, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund, (ii) for purposes of segregating cash or government investments securities in connection with options purchased, sold or written by the Fund or commodity futures contracts or options thereon purchased or sold by the Fund, (iii) for the purposes of compliance by the Fund with the procedures required by 1940 Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act Securities and Exchange Commission relating to the maintenance of segregated accounts by registered investment companies, companies and (iv) for other proper corporate purposes, but onlyBUT ONLY, in the case of clause (iv) ), upon receipt of, in addition to Proper Instructions, a certified copy of Proper Instructions specifying (a) a resolution of the investments to be deliveredBoard of Directors or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, (b) setting forth the purpose for which or purposes of such delivery is segregated account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper corporate purposes.

Segregated Account. The Custodian shall, shall upon receipt of Proper Instructions, Instructions from the Fund establish and maintain a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or investmentssecurities, including investments securities maintained in an account by the Custodian pursuant to Section 2.10 2.8 hereof, (i) in accordance with the provisions of any agreement among the Fund, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission CFTC or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund, (ii) for purposes of segregating cash or government investments securities in connection with options purchased, sold or written by the Fund or commodity futures contracts or options thereon purchased or sold by the Fund, (iii) for the purposes of compliance by the Fund with the procedures required by 1940 Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act SEC relating to the maintenance of segregated accounts by registered investment companies, companies and (iv) for other proper purposes, but onlyBUT ONLY, in the case of clause (iv) ), upon receipt of Proper Instructions specifying (a) from the investments to be delivered, (b) Fund setting forth the purpose for which or purposes of such delivery is segregated account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper purposes.

Segregated Account. The Custodian shall, shall upon receipt of Proper Instructions, Instructions from the Fund establish and maintain a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or investmentssecurities, including investments securities maintained in an account by the Custodian pursuant to Section 2.10 hereof, (i) in accordance with the provisions of any agreement among the Fund, the Custodian and a broker-broker- dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund, (ii) for purposes of segregating cash or government investments securities in connection with options purchased, sold or written by the Fund or commodity futures contracts or options thereon purchased or sold by the Fund, (iii) for the purposes of compliance by the Fund with the procedures required by 1940 Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act Securities and Exchange Commission relating to the maintenance of segregated accounts by registered investment companies, companies and (iv) for other proper corporate purposes, but only, in the case of clause (iv) ), upon receipt of of, in addition to Proper Instructions specifying (a) from the investments to be deliveredFund, (b) a certified copy of a resolution of the Board of Trustees or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, setting forth the purpose for which or purposes of such delivery is segregated account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper corporate purposes.

Segregated Account. The Custodian shall, shall upon receipt of Proper Instructions, ------------------ Instructions from the Fund establish and maintain a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or investmentssecurities, including investments securities maintained in an account by the Custodian pursuant to Section 2.10 2.8 hereof, (i) in accordance with the provisions of any agreement among the Fund, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission CFTC or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund, (ii) for purposes of segregating cash or government investments securities in connection with options purchased, sold or written by the Fund or commodity futures contracts or options thereon purchased or sold by the Fund, (iii) for the purposes of compliance by the Fund with the procedures required by 1940 Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act SEC relating to the maintenance of segregated accounts by registered investment companies, companies and (iv) for other proper purposes, but only, in the case of clause (iv) ), upon --- ---- receipt of Proper Instructions specifying (a) from the investments to be delivered, (b) Fund setting forth the purpose for which or purposes of such delivery is segregated account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper purposes.

Segregated Account. The Custodian shall, Bank shall upon receipt of Proper Instructions, Instructions from the Fund establish and maintain maintain, or cause the applicable subcustodian to establish and maintain, a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or investments, including investments maintained in an account by the Custodian pursuant to Section 2.10 hereof, securities (i) in accordance with the provisions of any agreement among the Fund, the Custodian Bank (or such subcustodian) and a broker-dealer registered under the Securities Exchange Act of 1934 and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and or of any registered national securities exchange (or the Commodity Futures Trading Commission or and/or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund, (ii) for purposes of segregating cash or government investments and/or securities in connection with (a) options purchased, sold or written by the Fund, (b) commodity futures contracts or options thereon purchased, sold or written by the Fund or commodity futures contracts or options thereon purchased or sold by (c) other transactions requiring segregation as described in the Fund's registration statement as in effect from time to time, (iii) for the purposes of compliance by the Fund with the procedures required by 1940 Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act Securities and Exchange Commission relating to the maintenance of segregated accounts by registered investment companies, companies and (iv) for other proper corporate purposes, but only, in the case of this clause (iv) ), upon receipt of Proper of, in addition to Instructions specifying (a) from the investments to be deliveredFund, (b) a certified resolution setting forth the purpose for which of purposes of such delivery is segregated account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper corporate purposes.

Segregated Account. The Custodian shall, shall upon receipt of Proper Instructions, Instructions establish and maintain a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or investmentssecurities, including investments securities maintained in an account by the Custodian pursuant to Section 2.10 2.12 hereof, (i) in accordance with the provisions of any agreement among the Fund on behalf of the Fund, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act)NASD, relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission or any registered contract market)exchange, or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund, (ii) for purposes of segregating cash or government investments securities in connection with options purchased, sold or written by the Fund or commodity futures contracts or options thereon purchased or sold by the Fund, (iii) for the purposes of compliance by the Fund with the procedures required by 1940 Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act Securities and Exchange Commission relating to the maintenance of segregated accounts by registered investment companies, companies and (iv) for other proper corporate purposes, but only, in the case of clause (iv) ), upon receipt of, in addition to Proper Instructions, a certified copy of Proper Instructions specifying (a) a resolution of the investments to be deliveredBoard of Directors or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, (b) setting forth the purpose for which or purposes of such delivery is segregated account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper corporate purposes.

Segregated Account. The Custodian shall, Depository shall upon receipt of Proper Instructions, proper ------------------ instructions establish and maintain a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or investmentssecurities, including investments securities maintained in an account by the Custodian Depository pursuant to Section 2.10 2.5 hereof, (i) in accordance with the provisions of any agreement among the Fund, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund, (ii) for purposes of segregating cash or government investments securities in connection with options purchased, sold or written by the Fund or commodity futures contracts or options thereon purchased or sold by the Fund, (iii) for the purposes of compliance by the Fund with the procedures required by 1940 Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act Securities and Exchange Commission relating to the maintenance of segregated accounts by registered investment companies, companies and (iv) for other proper corporate purposes, but only, in the case of clause (iv) ), -------- upon receipt of, in addition to Proper Instructions, a certified copy of Proper Instructions specifying (a) a resolution of the investments to be deliveredBoard of Directors or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, (b) setting forth the purpose for which or purposes of such delivery is segregated account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper corporate purposes.

Segregated Account. The Custodian shall, shall upon receipt of Proper Instructions, Instructions establish and maintain a segregated account Segregated Account or accounts Accounts for and on behalf of the Fund, into which account Account or accounts Accounts may be transferred cash and/or investments, securities including investments securities maintained in an account Account by the Custodian pursuant to Section 2.10 4 hereof, (i) in accordance with the provisions of any agreement among the Fund, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant Futures Commission Merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The the Options Clearing Corporation and of any registered national securities exchange (National Securities Exchange or the Commodity Futures Trading Commission or any registered contract market)Contract Market, or of any similar organization or organizations, organizations regarding escrow or other arrangements in connection with transactions by the Fund, and (ii) for purposes the purpose of segregating cash or government investments securities in connection with options purchased, sold purchased or written by the Fund or commodity futures contracts or options thereon purchased or sold written by the Fund, and (iii) for the purposes of compliance by the Fund with the procedures required by 1940 Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act Securities and Exchange Commission relating to the maintenance of segregated accounts Segregated Accounts by registered investment companies, companies and (iv) for other proper corporate purposes, but only, in the case of clause (iv) ), upon receipt of, in addition to Proper Instructions, a certified copy of Proper Instructions specifying (a) a resolution of the investments to be deliveredBoard of Directors of the Fund, (b) or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, setting forth the purpose for which or purposes of such delivery is Segregated Account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper corporate purposes.

Segregated Account. The Custodian shall, shall upon receipt of Proper Instructions, Instructions establish and maintain a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or investments, including investments maintained in an account by the Custodian pursuant to Section 2.10 hereof, securities (i) in accordance with the provisions of any agreement among the Fund, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant Futures Commission Merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission or any registered contract marketContract Market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund, (ii) for purposes of segregating cash or government investments securities in connection with options purchased, sold or written by the Fund or commodity futures contracts or options thereon purchased or sold by the Fund, (iii) for the purposes of compliance by the Fund with the procedures required by 1940 Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act Securities and Exchange Commission relating to the maintenance of segregated accounts by registered investment companies, companies and (iv) for other proper purposes, but only, in the case of clause (iv) ), upon receipt of, in addition to Proper Instructions, a certified copy of Proper Instructions specifying (a) a resolution of the investments to be deliveredBoard of Trustees or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, (b) setting forth the purpose for which or purposes of such delivery is segregated account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper purposes.

Segregated Account. The Custodian shall, shall upon receipt of Proper Instructions, Instructions ------------------ establish and maintain a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or investmentssecurities, including investments securities maintained in an account by the Custodian pursuant to Section 2.10 2.9 hereof, (i) in accordance with the provisions of any agreement among the Fund, the Custodian and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission CFTC or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund, (ii) for purposes of segregating cash or government investments securities in connection with options purchased, sold or written by the Fund or commodity futures contracts or options thereon purchased or sold by the Fund, (iii) for the purposes of compliance by the Fund with the procedures required by 1940 SEC Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act SEC relating to the maintenance of segregated accounts by registered investment companies, companies and (iv) for other proper corporate purposes, but onlyonly , in the case of clause (iv) ), upon receipt of, in --- ---- addition to Proper Instructions, a certified copy of Proper Instructions specifying (a) a resolution of the investments to be deliveredBoard of Directors or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, (b) setting forth the purpose for which or purposes of such delivery is segregated account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper corporate purposes.

Segregated Account. The Custodian shall, State Street shall upon receipt of Proper Instructions, establish and maintain a segregated account or accounts for and on behalf of the Fund, into which account or accounts may be transferred cash and/or investmentssecurities, including investments securities maintained in an account by the Custodian State Street pursuant to Section 2.10 Paragraph 3(B) hereof, (i) in accordance with the provisions of any agreement among the Fund, the Custodian State Street and a broker-dealer registered under the Exchange Act and a member of the NASD (or any futures commission merchant registered under the Commodity Exchange Act), relating to compliance com- pliance with the rules of The Options Clearing Corporation and of any registered national securities exchange (or the Commodity Futures Trading Commission or any registered contract market), or of any similar organization or organizations, regarding escrow or other arrangements in connection with transactions by the Fund, (ii) for purposes of segregating cash or government investments securities in connection with options purchased, sold or written by the Fund or commodity futures contracts or options thereon purchased or sold by the Fund, (iii) for the purposes of compliance by the Fund with the procedures required by 1940 Investment Company Act Release No. 10666, or any other procedures subsequently required under subsequent release or releases of the 1940 Act Commission relating to the maintenance of segregated accounts by registered investment companies, companies and (iv) ), for other proper corporate purposes, but only, in the case of clause (iv) ), upon receipt of, in addition to Proper Instructions, a certified copy of Proper Instructions specifying (a) a resolution of the investments to be deliveredBoard of Trustees signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, (b) setting forth the purpose for which or purposes of such delivery is segregated account and declaring such purposes to be made, and (c) naming the person or persons to whom delivery of such investments shall be madeproper corporate purposes.