Common use of SELECTION OF COMPULSORY SECURITIES DEPOSITORIES Clause in Contracts

SELECTION OF COMPULSORY SECURITIES DEPOSITORIES. Subject to the provisions of this Section 4, the Special Foreign Custody Manager may place and maintain the Foreign Assets in the Care of the Compulsory Securities Depository selected by the Special Foreign Custody Manager in each country listed on Schedule A, as amended from time to time. In performing its delegated responsibilities as Special Foreign Custody Manager to place or maintain Foreign Assets with Compulsory Securities Depositories, the Special Foreign Custody Manager shall determine that the Foreign Assets will be subject to reasonable card, based on the standards applicable to custodians in the country in which the Foreign Assets will be held by that Compulsory Securities Depository, after considering all factors relevant to the safekeeping of such assets, including, without limitation the factors specified in Section (c)(1) of the Rule.

SELECTION OF COMPULSORY SECURITIES DEPOSITORIES. Subject to the provisions of this Section 4, the Special Foreign Custody Manager may place and maintain the Foreign Assets in the Care care of the Compulsory Securities Depository selected by the Special Foreign Custody Manager in each country listed on Schedule A, as amended from time to time. In performing its delegated responsibilities as Special Foreign Custody Manager to place or maintain Foreign Assets with Compulsory Securities Depositories, the Special Foreign Custody Manager shall determine that the Foreign Assets will be subject to reasonable cardcare, based on the standards applicable to custodians in the country in which the Foreign Assets will be held by that Compulsory Securities Depository, after considering all factors relevant to the safekeeping of such assets, including, without limitation the factors specified in Section (c)(1) of the RuleRule 17f-5.