Common use of Several Obligations of the Series Clause in Contracts

Several Obligations of the Series. With respect to any obligations of a Client on behalf of its Series and its Account(s) arising hereunder, the Custodian shall look for payment or satisfaction of any such obligation solely to the assets and property of the Series and such Account to which such obligation relates as though each Client had separately contracted with the Custodian by separate written instrument with respect to each Series and its Account(s).

Appears in 6 contracts

Samples: Custody Agreement (Voyageur Mutual Funds Ii), Custody Agreement (Voyageur Insured Funds), Custody Agreement (Voyageur Intermediate Tax Free Funds)

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