Common use of Voting of the Securities Clause in Contracts

Voting of the Securities. Custodian shall, upon receipt of Authorized Instructions from Client, execute and deliver, or cause its Sub-Custodians, Securities Depositories, or its or their nominees (as applicable), to execute and deliver such proxies or other authorizations as may be required to vote the Securities in accordance with such Authorized Instructions. Except as permitted by such Authorized Instructions, neither Custodian nor any of its Sub-Custodians, Securities Depositories, or its or their nominees (as applicable) shall exercise any power to vote the Securities, or execute any proxy, power of attorney, or other similar instrument voting any of such Securities, or give any consent, approval, or waiver with respect thereto, or take any other similar action.

Voting of the Securities. Custodian shall, upon Upon receipt of Authorized Instructions from Client, execute and deliver, or cause its Sub-Custodianscustodians, Securities Depositories, or its or their nominees (as applicable), .. to execute and deliver such proxies or other authorizations as may be required to vote the Securities in accordance with such Authorized Instructions. Except as permitted by such Authorized Instructions, neither Custodian nor any of its Sub-Custodians, Securities Depositories, or its or their nominees (as applicable) shall exercise any power to vote the Securities, or execute any proxy, power of attorney, or other similar instrument voting any of such Securities, or give any consent, approval, or waiver with respect thereto, or take any other similar action.