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Common use of SUBCUSTODIANS AND DEPOSITORIES Clause in Contracts

SUBCUSTODIANS AND DEPOSITORIES. Custodian may act under this Rider through the subcustodians listed in Schedule B hereto with which Chase entered into subcustodial agreements ("Subcustodians"). At Company's request, Custodian may, but need not, add to Schedule B an Eligible Foreign Custodian (hereinafter defined) that is either a bank or a non-Compulsory Depository where Custodian has not acted as Foreign Country Manager (hereinafter defined) with respect to the selection thereof. Custodian shall notify Company in writing in the event that Custodian agrees to add any such entity. Company authorizes Custodian to hold Financial Assets recorded to the Custody Account in accounts which Custodian has established with one or more of its branches or Subcustodians. Custodian and Subcustodians are authorized to hold any of the Financial Assets in their accounts with any securities depository in which Custodian or Subcustodians participate, subject in the case of a Compulsory Depository to the provisions set forth in section 9(e) hereof. Custodian may add new, replace or remove Subcustodians. Company shall be given reasonable notice by Custodian of any amendment to Schedule B. Upon Company's request, Custodian shall identify the name, address and principal place of business of any Subcustodian of Company's Financial Assets and the name and address of the governmental agency or other regulatory authority that supervises or regulates such Subcustodian. To be a Subcustodian of Financial Assets maintained outside the United States the Subcustodian chosen must be either a branch of a U.S. Bank or an Eligible Foreign Custodian, which are further defined as follows:

Appears in 3 contracts

Samples: Global Custody Rider (State Farm Mutual Fund Trust), Global Custody Rider (State Farm Growth Fund Inc), Global Custody Rider (State Farm Growth Fund Inc)

SUBCUSTODIANS AND DEPOSITORIES. Custodian may act under this Rider through the subcustodians listed in Schedule B A hereto with which Chase entered into subcustodial agreements ("Subcustodians"). At Company's request, Custodian may, but need not, add to Schedule B A an Eligible Foreign Custodian (hereinafter defined) that is either a bank or a non-Compulsory Depository where Custodian has not acted as Foreign Country Manager (hereinafter defined) with respect to the selection thereof. Custodian shall notify Company in writing in the event that Custodian agrees to add any such entity. Company authorizes Custodian to hold Financial Assets recorded to the Custody Account in accounts which Custodian has established with one or more of its branches or Subcustodians. Custodian and Subcustodians are authorized to hold any of the Financial Assets in their accounts with any securities depository in which Custodian or Subcustodians participate, subject in the case of a Compulsory Depository to the provisions set forth in section 9(e) hereof. Custodian may add new, replace or remove Subcustodians. Company shall be given reasonable notice by Custodian of any amendment to Schedule B. A. Upon Company's request, Custodian shall identify the name, address and principal place of business of any Subcustodian of Company's Financial Assets and the name and address of the governmental agency or other regulatory authority that supervises or regulates such Subcustodian. To be a Subcustodian of Financial Assets maintained outside the United States the Subcustodian chosen must be either a branch of a U.S. Bank or an Eligible Foreign Custodian, which are further defined as follows:

Appears in 2 contracts

Samples: Global Custody Rider (State Farm Growth Fund Inc), Global Custody Rider (State Farm Balanced Fund Inc)

SUBCUSTODIANS AND DEPOSITORIES. Custodian may act under this Rider through the subcustodians listed in Schedule B A hereto with which Chase entered into subcustodial agreements ("Subcustodians"). At Company's request, Custodian may, but need not, add to Schedule B A an Eligible Foreign Custodian (hereinafter defined) that is either a bank or a non-Compulsory Depository where Custodian has not acted as Foreign Country Manager (hereinafter defined) with respect to the selection thereof. Custodian shall notify Company in writing in the event that Custodian agrees to add any such entity. Company authorizes Custodian to hold Financial Assets recorded to the Custody Account in accounts which Custodian has established with one or more of its branches or Subcustodians. Custodian and Subcustodians are authorized to hold any of the Financial Assets in their accounts with any securities depository in which Custodian or Subcustodians participateSubcustodians' participant, subject in the case of a Compulsory Depository to the provisions set forth in section 9(e) hereof. Custodian may add new, replace or remove Subcustodians. Company shall be given reasonable notice by Custodian of any amendment to Schedule B. A. Upon Company's request, Custodian shall identify the name, address and principal place of business of any Subcustodian of Company's Financial Assets and the name and address of the governmental agency or other regulatory authority that supervises or regulates such Subcustodian. To be a Subcustodian of Financial Assets maintained outside the United States the Subcustodian chosen must be either a branch of a U.S. Bank or an Eligible Foreign Custodian, which are further defined as follows:

Appears in 2 contracts

Samples: Global Custody Rider (State Farm Growth Fund Inc), Global Custody Rider (State Farm Balanced Fund Inc)

SUBCUSTODIANS AND DEPOSITORIES. Custodian You may act under this Rider through the subcustodians listed in Schedule B A hereto with which Chase you have entered into subcustodial agreements ("Subcustodians"). At Company's request, Custodian may, but need not, add to Schedule B an Eligible Foreign Custodian (hereinafter defined) that is either a bank or a non-Compulsory Depository where Custodian has not acted as Foreign Country Manager (hereinafter defined) with respect to the selection thereof. Custodian shall notify Company in writing in the event that Custodian agrees to add any such entity. Company authorizes Custodian We authorize you to hold Financial Assets securities recorded to the Custody Account in accounts which Custodian has you have established with one or more of its your branches or Subcustodians. Custodian You and Subcustodians are authorized to hold any of the Financial Assets securities in their your accounts with any securities depository Depository in which Custodian you or Subcustodians they participate, subject in the case of a Compulsory Depository to the provisions set forth in section 9(e) hereof. Custodian You may add new, replace or remove Subcustodians. Company We shall be given reasonable notice by Custodian you of any amendment to Schedule B. A. Upon Company's our request, Custodian you shall identify the name, address and principal place of business of any Subcustodian of Company's Financial Assets our securities and the name and address of the governmental agency or other regulatory authority that supervises or regulates such Subcustodian. To be a Subcustodian of Financial Assets With respect to securities maintained outside the United States States, the terms Subcustodian chosen must be either and securities depositories as used herein shall mean a branch of a qualified U.S. Bank bank, an eligible foreign custodian or an Eligible Foreign Custodianeligible foreign securities depository as those terms are defined in Securities and Exchange Commission ("SEC") Rule 17f-5 under the 1940 Act. We represent that our Board of Directors has approved each of the Subcustodians listed in Schedule A hereto and the terms of the subcustody agreements between you and each Subcustodian, which are attached as Schedule A, and further defined represent that our Board has determined that the use of each Subcustodian and the terms of each subcustody agreement are consistent with the best interests of the Trust, the relevant Portfolios and their shareholders (to the extent such approvals are required under the 1940 Act and the relevant SEC rules thereunder). You shall supply us with any proposed amendment to Schedule A, but you shall not place Trust assets with proposed Subcustodians until you have received from us evidence of a certified resolution representing Board approval of such amendment, as follows:required. We have supplied or shall supply you with certified copies of our Board of Trustees resolutions with respect to the foregoing prior to your placing* securities with any Subcustodian so approved.

Appears in 1 contract

Samples: Custody Agreement (Eq Advisors Trust)

SUBCUSTODIANS AND DEPOSITORIES. Custodian may act under this Rider through the subcustodians listed in Schedule B hereto with which Chase has entered into subcustodial agreements ("Subcustodians"). At Company's request, Custodian may, but need not, add to Schedule B an Eligible Foreign Custodian (hereinafter defined) that is either a bank or a non-Compulsory Depository where Custodian has not acted as Foreign Country Manager (hereinafter defined) with respect to the selection thereof. Custodian shall notify Company in writing in the event that Custodian agrees to add any such entity. Company authorizes Custodian to hold Financial Assets recorded to the Custody Account in accounts which Custodian has established with one or more of its branches or Subcustodians. Custodian and Subcustodians are authorized to hold any of the Financial Assets in their accounts with any securities depository in which Custodian or Subcustodians participate, subject provided in the case of a Compulsory such securities depository is an Eligible Securities Depository to the provisions set forth in section 9(e) hereof(as hereinafter defined). Custodian may add new, replace or remove Subcustodians. Company shall be given reasonable notice by Custodian of any amendment to Schedule B. Upon Company's request, Custodian shall identify the name, address and principal place of business of any Subcustodian of Company's Financial Assets and the name and address of the governmental agency or other regulatory authority that supervises or regulates such Subcustodian. To be a Subcustodian of Financial Assets maintained outside the United States the Subcustodian chosen must be either a branch of a U.S. Bank or an Eligible Foreign Custodian, which are further defined as follows:.

Appears in 1 contract

Samples: Global Custody Rider (State Farm Mutual Fund Trust)

SUBCUSTODIANS AND DEPOSITORIES. Custodian may act under this Rider through the subcustodians listed in Schedule B hereto with which Chase has entered into subcustodial agreements ("Subcustodians"). At Company's ’s request, Custodian may, but need not, add to Schedule B an Eligible Foreign Custodian (hereinafter defined) that is either a bank or a non-Compulsory Depository where Custodian has not acted as Foreign Country Manager (hereinafter defined) with respect to the selection thereof. Custodian shall notify Company in writing in the event that Custodian agrees to add any such entity. Company authorizes Custodian to hold Financial Assets recorded to the Custody Account in accounts which Custodian has established with one or more of its branches or Subcustodians. Custodian and Subcustodians are authorized to hold any of the Financial Assets in their accounts with any securities depository in which Custodian or Subcustodians participate, subject provided in the case of a Compulsory such securities depository is an Eligible Securities Depository to the provisions set forth in section 9(e) hereof(as hereinafter defined). Custodian may add new, replace or remove Subcustodians. Company shall be given reasonable notice by Custodian of any amendment to Schedule B. Upon Company's ’s request, Custodian shall identify the name, address and principal place of business of any Subcustodian of Company's ’s Financial Assets and the name and address of the governmental agency or other regulatory authority that supervises or regulates such Subcustodian. To be a Subcustodian of Financial Assets maintained outside the United States the Subcustodian chosen must be either a branch of a U.S. Bank or an Eligible Foreign Custodian, which are further defined as follows:.

Appears in 1 contract

Samples: Global Custody Rider (State Farm Mutual Fund Trust)