Common use of Use of Book-Entry System Clause in Contracts

Use of Book-Entry System. The Fund shall deliver to the Custodian certified resolutions of the Fund's Board of Trustees approving, authorizing and instructing the Custodian on a continuous and on-going basis, to deposit in the Book-Entry System all securities belonging to a Portfolio eligible for deposit therein and to utilize the Book-Entry System to the extent possible in connection with settlements of purchases and sales of securities by the Portfolios, and deliveries and returns of securities loaned, subject to repurchase agreements or used as collateral in connection with borrowings. The Custodian shall continue to perform such duties until it receives Written or Oral Instructions authorizing contrary actions(s). To administer the Book-Entry System properly, the following provisions shall apply:

Appears in 2 contracts

Samples: Custody Agreement (Parkstone Advantage Fund), Custodian Services Agreement (Parkstone Group of Funds /Oh/)

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Use of Book-Entry System. The Fund shall deliver to the Custodian Provident certified resolutions of the Fund's Governing Board of Trustees approving, authorizing and instructing the Custodian Provident on a continuous and on-going basis, to deposit in the Book-Entry System all securities Securities belonging to a Portfolio the Fund eligible for deposit therein and to utilize the Book-Entry System to the extent possible in connection with settlements of purchases and sales of securities Securities by the PortfoliosFund, and deliveries and returns of securities Securities loaned, subject to repurchase agreements or used as collateral in connection with borrowings. The Custodian Provident shall continue to perform such duties until it receives Written or Oral Instructions authorizing contrary actions(s). To administer the Book-Entry System properly, the following provisions shall apply:

Appears in 1 contract

Samples: Custodian Services Agreement Terms and Conditions (American Skandia Trust)

Use of Book-Entry System. The Fund shall deliver to the Custodian certified resolutions of the Fund's Board of Trustees approving, authorizing and instructing the Custodian on a continuous and on-going basis, to deposit in the Book-Entry System all securities belonging to a the Portfolio eligible for deposit therein and to utilize the Book-Entry System to the extent possible in connection with settlements of purchases and sales of securities by the PortfoliosPortfolio, and deliveries and returns of securities loaned, subject to repurchase agreements or used as collateral in connection with borrowings. The Custodian shall continue to perform such duties until it receives Written or Oral Instructions authorizing contrary actions(s). To administer the Book-Entry System properly, the following provisions shall apply:

Appears in 1 contract

Samples: Custodian Services Agreement (Financial Investors Trust)

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Use of Book-Entry System. The Fund shall deliver to the Custodian certified resolutions of the Fund's Board of Trustees approving, authorizing and instructing the Custodian on a continuous and on-going basis, to deposit in the Book-Entry System all securities belonging to a Portfolio eligible for deposit therein and to utilize the Book-Book- Entry System to the extent possible in connection with settlements of purchases and sales of securities by the Portfolios, and deliveries and returns of securities loaned, subject to repurchase agreements or used as collateral in connection with borrowings. The Custodian shall continue to perform such duties until it receives Written or Oral Instructions authorizing contrary actions(s). To administer the Book-Entry System properly, the following provisions shall apply:

Appears in 1 contract

Samples: Custodian Services Agreement (Armada Funds)

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