Shares of Fund Purchased from Fund. Whenever Fund Shares are purchased from Fund, Fund will deposit or cause to be deposited with Custodian the amount received for such shares. Custodian shall not have any duty or responsibility to determine that Fund Shares purchased from Fund have been added to the proper shareholder account or accounts or that the proper number of such shares have been added to the shareholder records.
Appears in 36 contracts
Samples: Custody and Investment Accounting Agreement (Pacific Select Fund), Custody Agreement (Bradford Funds Inc), Custody and Investment Accounting Agreement (Pacific Select Fund)
Shares of Fund Purchased from Fund. Whenever Fund Portfolio Shares are purchased from Fund, Fund will deposit or cause to be deposited with Custodian the amount received for such shares. Custodian shall not have any duty or responsibility to determine that Fund Portfolio Shares purchased from Fund have been added to the proper shareholder account or accounts or that the proper number of such shares have been added to the shareholder records.
Appears in 14 contracts
Samples: Custody Agreement (Tri Continental Corp), Custody Agreement (Seligman Municipal Series Trust), Custody Agreement (Seligman High Income Fund Series)
Shares of Fund Purchased from Fund. Whenever Fund the Shares are purchased from Fund, Fund will deposit or cause to be deposited with Custodian the amount received for such shares, and will notify Custodian of the class of shares purchased and to which the proceeds are to be allocated. Custodian shall not have any duty or responsibility to determine that Fund Shares purchased from Fund have been added to the proper shareholder account or accounts or that the proper number of such shares have been added to the shareholder records.
Appears in 3 contracts
Samples: Custody Agreement (Cowen Standby Tax Exempt Reserve Fund Inc), Custody Agreement (Cowen Income Plus Growth Fund Inc), Custody Agreement (Cowen Standby Reserve Fund Inc)
Shares of Fund Purchased from Fund. Whenever Fund Shares are purchased from Fund, Fund will deposit or cause to be deposited with Custodian the amount received for such shares. Custodian shall not have any duty or responsibility in its capacity as Custodian of the Fund to determine that Fund Shares purchased from Fund have been added to the proper shareholder account or accounts or that the proper number of such shares have been added to the shareholder records.
Appears in 2 contracts
Samples: Custody Agreement (Berger Biam Worldwide Portfolios Trust), Custody Agreement (Berger Investment Portfolio Trust)
Shares of Fund Purchased from Fund. Whenever Fund Shares are purchased from Fund, Fund will deposit or cause to be deposited with Custodian the amount received for such shares. Custodian shall not have any duty or responsibility to determine that Fund Shares purchased from Fund have been added to the proper shareholder account or accounts or that the proper number of such shares spaces have been added to the shareholder records.
Appears in 1 contract
Samples: Custody Agreement (Empire Builder Tax Free Bond Fund)
Shares of Fund Purchased from Fund. Whenever Fund Shares are purchased from Fund, Fund will deposit or cause to be deposited with Custodian the amount received for such shares. Custodian shall not 13 have any duty or responsibility to determine that Fund Shares purchased from Fund have been added to the proper shareholder account or accounts or that the proper number of such shares have been added to the shareholder records.
Appears in 1 contract
Samples: Custody and Investment Accounting Agreement (State Bond U S Government Securities Fund Inc)
Shares of Fund Purchased from Fund. Whenever Fund Portfolio Shares are purchased from Fund, Fund will deposit or cause to be deposited with Custodian the amount received for such shares. Custodian (in its capacity as Custodian) shall not have any duty or responsibility to determine that Fund Portfolio Shares purchased from Fund have been added to the proper shareholder account or accounts or that the proper number of such shares have been added to the shareholder records.
Appears in 1 contract
Shares of Fund Purchased from Fund. Whenever Fund __________________________________ Shares are purchased from Fund, Fund will deposit or cause to be deposited with Custodian the amount received for such shares. Custodian shall not have any duty or responsibility in its capacity as Custodian of the Fund to determine that Fund Shares purchased from Fund have been added to the proper shareholder account or accounts or that the proper number of such shares have been added to the shareholder records.
Appears in 1 contract
Shares of Fund Purchased from Fund. Whenever Fund the applicable Portfolio Shares are purchased from Fund, Fund will deposit or cause to be deposited with Custodian the amount received for such shares, and will notify Custodian of the class of shares purchased and the Portfolio to which the proceeds are to be allocated. Custodian shall not have any duty or responsibility to determine that Fund Shares purchased from Fund have been added to the proper shareholder account or accounts or that the proper number of such shares have been added to the shareholder records.
Appears in 1 contract
Samples: Custody Agreement (Cowen Funds Inc)
