Common use of Transfer Agent Accounts Clause in Contracts

Transfer Agent Accounts. The Custodian maintains certain Bank Accounts at the Custodian on behalf of the Funds to facilitate the efficient transfer of cash to and from the Bank Accounts established and maintained at the Custodian and bank accounts established and maintained at Banking Institutions other than the Custodian or any Subcustodian (the "Transfer Agent Accounts"). Each of the Funds and Custodian agree that the Custodian shall provide the Transfer Agent Accounts established and maintained by such Custodian with the same treatment as other Bank Accounts established and maintained pursuant to this Agreement, and any and all applicable representations, warranties, covenants, conditions, agreement, rights, obligations or duties of the Funds or the Custodian with respect to such Transfer Agent Accounts shall be governed by the corresponding provisions of this Agreement. The Custodian shall also specify in the records it maintains with respect to the Funds and their Bank Accounts and any other records maintained or required to be maintained by this Agreement or applicable regulatory requirements by the Custodian, its relationship as Custodian pursuant to which the Transfer Agent Accounts are maintained in order to comply with the any applicable rules, regulations, or other requirements of the Federal Deposit Insurance Corporation. The Custodian agrees that such records shall be conclusive evidence of the individual and not joint interest of each Fund in any amounts then credited to the Transfer Agent Accounts. Each of the Transfer Agent Accounts designated by the Funds is set forth on Appendix E to this Agreement, as the same may be amended from time to time in accordance with the terms of this Agreement. The Funds have authorized Fidelity Service Company, Inc., Fidelity Investments Institutional Operations Company, Inc. or any successor thereof to act on their behalf with respect to transactions involving the Transfer Agent Accounts.

Appears in 3 contracts

Samples: Custodian Agreement (Fidelity Investment Trust), Custodian Agreement (Fidelity Devonshire Trust), Custodian Agreement (Variable Insurance Products Fund Ii)

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Transfer Agent Accounts. The Custodian maintains certain Bank Accounts at the Custodian on behalf of the Funds (the "Transfer Agent Accounts") to facilitate the efficient transfer of cash to and from (i) the Bank Accounts established and maintained at the Custodian and (ii) bank accounts established and maintained at Banking Institutions other than the Custodian or any Subcustodian (the "Transfer Agent Accounts")Subcustodian. Each of the Funds and Custodian agree that the Custodian shall provide the Transfer Agent Accounts established and maintained by such Custodian with the same treatment as other Bank Accounts established and maintained pursuant to this Agreement, and any and all applicable representations, warranties, covenants, conditions, agreement, rights, obligations or duties of the Funds or the Custodian with respect to such Transfer Agent Accounts shall be governed by the corresponding provisions of this Agreement. The Custodian shall also specify in the records it maintains with respect to the Funds and their Bank Accounts and any other records maintained or required to be maintained by this Agreement or applicable regulatory requirements by the Custodian, its relationship as Custodian pursuant to which the Transfer Agent Accounts are maintained in order to comply with the any applicable rules, regulations, or other requirements of the Federal Deposit Insurance Corporation. The Custodian agrees that such records shall be conclusive evidence of the individual and not joint interest of each Fund in any amounts then credited to the Transfer Agent Accounts. Each of the Transfer Agent Accounts designated by the Funds is set forth on Appendix E to this Agreement, as the same may be amended from time to time in accordance with the terms of this Agreement. The Funds have authorized Fidelity Service Company, Inc., Fidelity Investments Institutional Operations Company, Inc. or any successor thereof to act on their behalf with respect to transactions involving the Transfer Agent Accounts.

Appears in 3 contracts

Samples: Custodian Agreement (Fidelity Rutland Square Trust II), Custodian Agreement (Fidelity Commonwealth Trust II), Custodian Agreement (Fidelity Commonwealth Trust II)

Transfer Agent Accounts. The Custodian maintains certain Bank Accounts at the Custodian on behalf of the Funds (the “Transfer Agent Accounts”) to facilitate the efficient transfer of cash to and from (i) the Bank Accounts established and maintained at the Custodian and (ii) bank accounts established and maintained at Banking Institutions other than the Custodian or any Subcustodian (the "Transfer Agent Accounts")Subcustodian. Each of the Funds and Custodian agree that the Custodian shall provide the Transfer Agent Accounts established and maintained by such Custodian with the same treatment as other Bank Accounts established and maintained pursuant to this Agreement, and any and all applicable representations, warranties, covenants, conditions, agreement, rights, obligations or duties of the Funds or the Custodian with respect to such Transfer Agent Accounts shall be governed by the corresponding provisions of this Agreement. The Custodian shall also specify in the records it maintains with respect to the Funds and their Bank Accounts and any other records maintained or required to be maintained by this Agreement or applicable regulatory requirements by the Custodian, its relationship as Custodian pursuant to which the Transfer Agent Accounts are maintained in order to comply with the any applicable rules, regulations, or other requirements of the Federal Deposit Insurance Corporation. The Custodian agrees that such records shall be conclusive evidence of the individual and not joint interest of each Fund in any amounts then credited to the Transfer Agent Accounts. Each of the Transfer Agent Accounts designated by the Funds is set forth on Appendix E to this Agreement, as the same may be amended from time to time in accordance with the terms of this Agreement. The Funds have authorized Fidelity Service Company, Inc., Fidelity Investments Institutional Operations Company, Inc. or any successor thereof to act on their behalf with respect to transactions involving the Transfer Agent Accounts.

Appears in 2 contracts

Samples: Custodian Agreement (Fidelity Commonwealth Trust II), Custodian Agreement (Fidelity Rutland Square Trust II)

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Transfer Agent Accounts. The Custodian maintains certain Bank Accounts at the Custodian on behalf of and at one or more Banking Institutions other than the Funds Custodian or any Subcustodian to facilitate the efficient transfer of cash to and from the Bank Accounts established and maintained at the Custodian and bank accounts established and maintained at Banking Institutions other than the Custodian or any Subcustodian (the "Transfer Agent Accounts"). Each of the Funds and The Custodian agree agrees that the Custodian shall provide the Transfer Agent Accounts established and maintained by such Custodian with the same treatment as other Bank Accounts established and maintained pursuant to this Agreement, and any and all applicable representations, warranties, covenants, conditions, agreement, rights, obligations or duties of the Funds or the Custodian with respect to such Transfer Agent Accounts shall be governed by the corresponding provisions of this Agreement. The Custodian shall also specify in the records it maintains with respect to the Funds and their Bank Accounts and any other records maintained or required to be maintained by this Agreement or applicable regulatory requirements by the Custodiancustodian, its the fiduciary relationship as Custodian pursuant to which the Transfer Agent Accounts are maintained in order to comply with the any applicable rules, regulations, or other requirements of the Federal Deposit Insurance Corporation. The Custodian agrees that such records shall be conclusive evidence of the individual and not joint interest of each Fund Fund, on behalf of the applicable Portfolio, in any amounts then credited to the Transfer Agent Accounts. Each of the Transfer Agent Accounts designated by the Funds is set forth on Appendix E to this Agreement, as the same may be amended from time to time in accordance with the terms of this Agreement. The Funds have authorized Fidelity Service Company, Inc., Fidelity Investments Institutional Operations Company, Inc. or any successor thereof to act on their behalf with respect to transactions involving the Transfer Agent Accounts.

Appears in 1 contract

Samples: Custodian Agreement (MFS Series Trust Ii)

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