Use of Subcustodians. Hereinafter the term "subcustodian" will refer -------------------- to any Bank branch, any branch of a qualified U.S. bank, any eligible foreign custodian or any eligible foreign securities depository with which the Bank has entered into an agreement of the type contemplated hereunder regarding Securities and/or cash held in or to be acquired for a Custody Account or a Deposit Account. With respect to Property which is maintained by the Bank in the custody of a subcustodian pursuant to Section 3:
Appears in 2 contracts
Samples: Custody Agreement (Excelsior Funds Trust), Custody Agreement (Excelsior Funds Inc)
Use of Subcustodians. Hereinafter the term "subcustodian" will refer -------------------- to any Bank branch, any branch of a qualified U.S. bank, any eligible foreign custodian or any eligible foreign securities depository with which the Bank has entered into an agreement of the type contemplated hereunder regarding Securities and/or cash held in or to be acquired for a Custody Account or a Deposit Account. With respect to Property which is maintained by the Bank in the custody of a subcustodian pursuant to Section 3:
Appears in 2 contracts
Samples: Custody Agreement (Excelsior Funds Inc), Custody Agreement (Excelsior Funds Trust)
