Common use of Specific Actions Not Required by Custodian Clause in Contracts

Specific Actions Not Required by Custodian. Without limiting the generality of the foregoing, the Custodian, acting in the capacity of custodian hereunder, shall be under no obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by or for the account of Trust, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by or for the account of Trust, or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares of any Fund, or the sufficiency of the amount to be received therefor; 4. The legality of the redemption of any Shares of any Fund, or the propriety of the amount to be paid therefor; 5. The legality of the declaration or payment of any dividend by Trust in respect of Shares of any Fund; 6. The legality of any borrowing by Trust or any Fund, using Securities as collateral; 7. Whether the Trust is in compliance with the 1940 Act or the regulations thereunder; the provisions of the Trust’s declaration of trust, certificate of incorporation, by-laws, or other constitutive document; Applicable Law; or any directives by the trustees, directors or shareholders of the Trust, or its investment objectives and policies as then in effect.

Specific Actions Not Required by Custodian. Without limiting the generality of the foregoing, the Custodian, acting in the capacity of custodian hereunder, shall be under no obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by or for the account of Trust, Corporation ,the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by or for the account of Trust, Corporation ,or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares of any Fund, or the sufficiency of the amount to be received therefor; 4. The legality of the redemption of any Shares of any Fund, or the propriety of the amount to be paid therefor; 5. The legality of the declaration or payment of any dividend by Trust Corporation in respect of Shares of any Fund; 6. The legality of any borrowing by Trust Corporation or any Fund, using Securities as collateral; 7. Whether the Trust Corporation is in compliance with the 1940 Act or the regulations thereunder; the provisions of the TrustCorporation’s declaration Articles of trustIncorporation, certificate of incorporation, by-laws, or other constitutive document; Applicable Law; or any directives by the trustees, directors or shareholders of the Trust, Corporation ,or its investment objectives and policies as then in effect.

Specific Actions Not Required by Custodian. Without limiting the generality of the foregoing, the Custodian, acting in the capacity of custodian hereunder, shall be under no obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by or for the account of Trust, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by or for the account of Trust, or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares of any Fund, or the sufficiency of the amount to be received therefortherefore; 4. The legality of the redemption of any Shares of any Fund, or the propriety of the amount to be paid therefortherefore; 5. The legality of the declaration or payment of any dividend by Trust in respect of Shares of any Fund; 6. The legality of any borrowing by Trust or any Fund, using Securities as collateral; 7. Whether the Trust a Fund is in compliance with the 1940 Act or the regulations thereunder; the provisions of the Trust’s 's declaration of trust, certificate of incorporation, by-laws, or other constitutive document; Applicable Law; or any directives by the trustees, directors or shareholders of the Trustany Fund, or its such Fund's investment objectives and policies as then in effect.

Specific Actions Not Required by Custodian. Without limiting the generality of the foregoing, the Custodian, acting in the capacity of custodian hereunder, shall be under no obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by or for the account of Trusta Fund of the Corporation, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by or for the account of Trust, Corporation ,or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares of any Fund, or the sufficiency of the amount to be received therefor; 4. The legality of the redemption of any Shares of any Fund, or the propriety of the amount to be paid therefor; 5. The legality of the declaration or payment of any dividend by Trust a Fund of the Corporation in respect of Shares of any such Fund; 6. The legality of any borrowing by Trust Corporation or any Fund, using Securities as collateral; 7. Whether the Trust Corporation is in compliance with the 1940 Act or the regulations thereunder; the provisions of the TrustCorporation’s declaration Articles of trustIncorporation, certificate of incorporation, by-laws, or other constitutive document; Applicable Law; or any directives by the trustees, directors or shareholders of the TrustCorporation, or its investment objectives and policies as then in effect.

Specific Actions Not Required by Custodian. Without limiting the generality of the foregoing, the Custodian, acting in the capacity of custodian hereunder, shall be under no obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by or for the account of Trust, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by or for the account of Trust, or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares of any Fund, or the sufficiency of the amount to be received therefortherefore; 4. The legality of the redemption of any Shares of any Fund, or the propriety of the amount to be paid therefortherefore; 5. The legality of the declaration or payment of any dividend by Trust in respect of Shares of any Fund; 6. The legality of any borrowing by Trust or any Fund, using Securities as collateral; 7. Whether the Trust a Fund is in compliance with the 1940 Act or the regulations thereunder; the provisions of the Trust’s declaration of trust, certificate of incorporation, by-laws, or other constitutive document; Applicable Law; or any directives by the trustees, directors or shareholders of the Trustany Fund, or its such Fund’s investment objectives and policies as then in effect.

Specific Actions Not Required by Custodian. Without limiting the generality of the foregoing, the Custodian, acting in the capacity of custodian hereunder, shall be under no obligation to inquire toinquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by or for the account of Trust, the legality thelegality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by or for the account of Trust, or the propriety of the ofthe amount for which the same are sold; 3. The legality of the issue or sale of any Shares of any Fund, or the sufficiency of the amount theamount to be received therefor; 4. The legality of the redemption of any Shares of any Fund, or the propriety of the amount to amountto be paid therefor; 5. The legality of the declaration or payment of any dividend by Trust in respect of Shares of Sharesof any Fund; 6. The legality of any borrowing by Trust or any Fund, using Securities as collateral; 7. Whether the Trust is in compliance with the 1940 Act or the regulations thereunder; the provisions theprovisions of the Trust’s declaration of trust, certificate of incorporation, by-laws, or other orother constitutive document; Applicable Law; or any directives by the trustees, directors or directorsor shareholders of the Trust, or its investment objectives and policies as then in effect.

Specific Actions Not Required by Custodian. Without limiting the generality of the foregoing, the Custodian, acting in the capacity of custodian hereunder, shall be under no obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities Investments purchased by or for the account of Trust, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities Investments by or for the account of Trust, or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares shares of any Fund, or the sufficiency of the amount to be received therefor; 4. The legality of the redemption of any Shares shares of any Fund, or the propriety of the amount to be paid therefor; 5. The legality of the declaration or payment of any dividend by Trust in respect of Shares shares of any Fund; 6. The legality of any borrowing by Trust or any Fund, using Securities Investments as collateral; 7. Whether the Trust is in compliance with the 1940 Act or the regulations thereunder; the provisions of the Trust’s declaration of trust, certificate of incorporation, by-laws, or other constitutive document; Applicable Law; or any directives by the trustees, directors or shareholders of the Trust, or its investment objectives and policies as then in effect.

Specific Actions Not Required by Custodian. Without limiting the generality of the foregoing, the Custodian, acting in the capacity of custodian hereunder, shall be under no obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by or for the account of TrustFund, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by or for the account of TrustFund, or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares of any Fund, or the sufficiency of the amount to be received therefor; 4. The legality of the redemption of any Shares of any Fund, or the propriety of the amount to be paid therefor; 5. The legality of the declaration or payment of any dividend by Trust Fund in respect of Shares of any Fund; 6. The legality of any borrowing by Trust Fund or any Fund, using Securities as collateral; 7. Whether the Trust Fund is in compliance with the 1940 Act or the regulations thereunder; the provisions of the TrustFund’s declaration of trust, certificate trustcertificate of incorporation, by-laws, or other constitutive document; Applicable Law; or any directives by the trustees, directors or shareholders of the TrustFund, or its investment objectives and policies as then in effect.

Specific Actions Not Required by Custodian. Without limiting the generality of the foregoing, the Custodian, acting in the capacity of custodian hereunder, shall be under no obligation to inquire into, and shall not be liable for: 1. The validity of the issue of any Securities purchased by or for the account of Trust, the legality of the purchase thereof, or the propriety of the amount paid therefor; 2. The legality of the sale of any Securities by or for the account of Trust, or the propriety of the amount for which the same are sold; 3. The legality of the issue or sale of any Shares of any Fund, or the sufficiency of the amount to be received therefor; 4. The legality of the redemption of any Shares of any Fund, or the propriety of the amount to be paid therefor; 5. The legality of the declaration or payment of any dividend by Trust in respect of Shares of any Fund; 6. The legality of any borrowing by Trust or any Fund, using Securities as collateral; 7. Whether the Trust is in compliance with the 1940 Act or the regulations thereunder; the provisions of the Trust’s 's declaration of trust, certificate of incorporation, by-laws, or other constitutive document; Applicable Law; or any directives by the trustees, directors or shareholders of the Trust, or its investment objectives and policies as then in effect.