Common use of Segregation of Securities Clause in Contracts

Segregation of Securities. The Custodian shall identify on its books as belonging to each applicable Portfolio of the Fund, the foreign securities of such Portfolios held by each foreign sub-custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish custody account(s) for the Custodians on behalf of the Fund for each applicable Portfolio of the Fund and physically segregate in each such account securities and other assets of the Portfolios, and, in the event that such institution deposits the securities of one or more of the Portfolios in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable Portfolio, the securities so deposited (all collectively referred to as the "Account").

Segregation of Securities. The Custodian shall identify on its books as belonging to each applicable Portfolio Fund of the FundTrust, the foreign securities of such Portfolios Funds held by each foreign sub-custodiansubcustodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the Fund Trust for each applicable Portfolio Fund of the Fund Trust and physically segregate in each such account account, securities and other assets of the PortfoliosFunds, and, in the event that such institution deposits the securities of one or more of the Portfolios Funds in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable PortfolioFund, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its books as ------------------------- belonging to each applicable Portfolio of the Fund, the foreign securities of such Portfolios held by each foreign sub-custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the Fund for each applicable Portfolio of the Fund and physically segregate in each such account account, securities and other assets of the Portfolios, and, in the event that such institution deposits the securities of one or more of the Portfolios in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable Portfolio, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its books as belonging to each applicable Portfolio of the Fund, the foreign securities of such Portfolios held by each foreign sub-custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish custody account(s) for the Custodians Custodian on behalf of the Fund for each applicable Portfolio of the Fund and physically segregate in each such account securities and other assets of the Portfolios, and, in the event that such institution deposits the securities of one or more of the Portfolios in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable Portfolio, the securities so deposited (all collectively referred to as the "AccountAccounts").

Segregation of Securities. The Custodian shall identify on its books as belonging to each applicable Portfolio of the Fund, the foreign securities of each such Portfolios Portfolio held by each foreign sub-custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the Fund for each applicable Portfolio of the Fund and physically segregate in each such account account, securities and other assets of each of the Portfolios, and, in the event that such institution deposits the securities of one or more of the Portfolios in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable Portfolio, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its books as belonging to each applicable Portfolio Fund of the FundTrust, the foreign securities of such Portfolios Funds held by each foreign sub-custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the Fund Trust for each applicable Portfolio Fund of the Fund Trust and physically segregate in each such account account, securities and other assets of the PortfoliosFunds, and, in the event that such institution deposits the securities of one or more of the Portfolios Funds in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable PortfolioFund, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its books as belonging to each applicable Portfolio of the Fund, the foreign securities of such Portfolios held by each foreign sub-custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the Fund for each applicable Portfolio of the Fund and physically segregate in each such account account, securities and other assets of the Portfolios, and, in the event that such institution deposits the securities of one or more of the Portfolios in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable 20 Portfolio, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its books as belonging to each applicable Portfolio of the Fund, the foreign securities of such Portfolios Portfolio held by each foreign sub-custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the Fund for each applicable Portfolio of the Fund and physically segregate in each such account account, securities and other assets of the PortfoliosPortfolio(s), and, in the event that such institution deposits the securities of one or more of the Portfolios Portfolio(s) in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable Portfolio, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its books as belonging to each applicable Portfolio of the Fund, the foreign securities of such Portfolios held by each foreign sub-custodianCustodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the Fund for each applicable Portfolio of the Fund and physically segregate in each such account account, securities and other assets of the Portfolios, and, in the event that such institution deposits the securities of one or more of the Portfolios in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable Portfolio, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its books as ------------------------- belonging to each applicable Portfolio of the FundTrust, the foreign securities of such Portfolios held by each foreign sub-custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the Fund Trust for each applicable Portfolio of the Fund Trust and physically segregate in each such account account, securities and other assets of the Portfoliosthat Portfolio, and, in the event that such institution deposits the securities of one or more of the Portfolios in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable Portfolio, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its books as ------------------------- belonging to each applicable Portfolio Fund of the FundCorporation, the foreign securities and other assets of such Portfolios Fund held by each foreign sub-sub- custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the each Fund for each applicable Portfolio of the Fund Corporation and physically segregate in each such account that account, securities and other assets of the Portfolioseach Fund, and, in the event that such institution deposits the securities of one or more of the Portfolios Funds in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable PortfolioFund, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its books as ------------------------- belonging to each applicable Portfolio Fund of the FundTrust, the foreign securities of such Portfolios Funds held by each foreign sub-custodiansubcustodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the Fund Trust for each applicable Portfolio Fund of the Fund Trust and physically segregate in each such account account, securities and other assets of the PortfoliosFunds, and, in the event that such institution deposits the securities of one or more of the Portfolios Funds in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable PortfolioFund, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its ------------------------- books as belonging to each applicable Portfolio of the FundTrust, the foreign securities of such Portfolios held by each foreign sub-custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the Fund Trust for each applicable Portfolio of the Fund Trust and physically segregate in each such account account, securities and other assets of the Portfolios, and, in the event that such institution deposits the securities of one or more of the Portfolios in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable Portfolio, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its books as belonging to each applicable Portfolio of the Fund, the foreign securities of such Portfolios of the Fund held by be each foreign sub-custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the Fund for each applicable Portfolio of the Fund and physically segregate in each such account account, securities and other assets of the Portfolios, and, in the event that such institution deposits the securities of one or more of the Portfolios in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable Portfolio, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its books as belonging to each applicable Portfolio of the Fund, a Fund the foreign securities of such Portfolios held for the Fund by each foreign sub-custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(saccount (as defined in Exhibit 1 and hereinafter referred to as "Account") for the Custodians Custodian on behalf of the Fund for each applicable Portfolio of the Fund Trust and physically segregate in each such account that Account, securities and other assets of held for the Portfolios, Fund and, in the event that such institution deposits the Trust's securities of one or more of the Portfolios in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable Portfoliothe Trust, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its books as belonging to each applicable Portfolio of the Fund, the foreign securities of such Portfolios held by each foreign sub-custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the Fund for each applicable Portfolio of the Fund and physically segregate in each such account account, securities and other assets of the Portfolios, and, in the event that such institution deposits the Portfolio's securities of one or more of the Portfolios in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable Portfoliothe Fund, the securities so deposited (all collectively referred to as the "Account")deposited.

Segregation of Securities. The Custodian shall identify on its books as belonging to each applicable Portfolio of the Fund, the foreign securities of such Portfolios held by each foreign sub-custodian. Each agreement pursuant to which the Custodian employs a foreign banking institution shall require that such institution establish a custody account(s) account for the Custodians Custodian on behalf of the Fund for each applicable Portfolio portfolio of the Fund and physically segregate in each such account account, securities and other assets of the Portfolios, and, in the event that such institution deposits the securities of one or more of the Portfolios in a foreign securities depository, that it shall identify on its books as belonging to the Custodian, as agent for each applicable Portfolio, the securities so deposited (all collectively referred to as the "Account")deposited.