Common use of Short-Term Investments Clause in Contracts

Short-Term Investments. (a) The cash in the Joint Account shall be invested in short-term investments (including undivided interests in such investments held in common with other Participants that are customers of Bank) of the type set forth on Schedule A ("Cash Instruments"). Each Fund shall remain fully responsible for overdrafts of its Deposit Account or Custody Account resulting from the placement of cash in a Joint Account and invested in a Cash Instrument. (b) The placement of cash into Cash Instruments shall be limited to cash held in the currencies, and shall be subject to the minimum balance requirements, set forth in Schedule A. Bank may enter into Cash Instrument transactions on behalf of Fund(s) with any of the counterparties listed on Schedule B to this Rider ("Schedule B"). Bank may make additions to and deletions from Schedules A or B, PROVIDED that (i) Customer must consent to the addition of any type of instrument to those eligible as Cash Instruments and (ii) Customer must approve any additions of counterparties listed in Schedule B. Customer may instruct Bank to delete any of the counterparties listed in Schedule B.

Short-Term Investments. (a) The cash in the Joint Account shall be invested in short-term investments (including undivided interests in such investments held in common with other Participants that are customers of Bank) of the type set forth on Schedule A ("Cash Instruments"). Each Fund shall remain fully responsible for overdrafts of its Deposit Account or Custody Account resulting from the placement of cash in a Joint Account and invested in a Cash Instrument. (b) The placement of cash into Cash Instruments shall be limited to cash held in the currencies, and shall be subject to the minimum balance requirements, set forth in Schedule A. Bank may enter into Cash Instrument transactions on behalf of Fund(s) with any of the counterparties listed on Schedule B to this Rider ("Schedule B"). Bank may make additions to and deletions from Schedules A or B, PROVIDED provided that (i) Customer must consent to the addition of any type of instrument to those eligible as Cash Instruments and (ii) Customer must approve any additions of counterparties listed in Schedule B. Customer may instruct Bank to delete any of the counterparties listed in Schedule B.