WITHDRAWAL AND DELIVERY. Subject to the terms of this Agreement, the Client may at any time demand withdrawal of all or any part of the Property in the Custody Account and/or the Custody Cash Account. Delivery of any Property will be made without undue delay at the expense of the Client at such location as the parties hereto may agree; PROVIDED THAT if the Custodian has effected any transaction on behalf of the Client the settlement of which is likely to occur after a withdrawal pursuant to this Section 10, then the Custodian shall be entitled in its absolute discretion to close out or complete such transaction and to retain sufficient funds from the Property for that purpose.
Appears in 18 contracts
Samples: Global Custodial Services (Oppenheimer U S Government Trust), Global Custodial Services Agreement (Oppenheimer California Municipal Fund), Global Custodial Services Agreement (Vanguard Asset Allocation Fund Inc)
WITHDRAWAL AND DELIVERY. Subject to the terms of this Agreement, the Client may at any time demand withdrawal of all or any part of the Property in the Custody Account and/or the Custody Cash Account. Delivery of any Property will be made without undue delay at the expense of the Client at such location as the parties hereto may agree; PROVIDED THAT if the Custodian has effected any -------------- transaction on behalf of the Client the settlement of which is likely to occur after a withdrawal pursuant to this Section 10, then the Custodian shall be entitled in its absolute discretion to close out or complete such transaction and to retain sufficient funds from the Property for that purpose.
Appears in 2 contracts
Samples: Foreign Custody Manager Agreement (Oppenheimer International Value Trust), Custodial Services Agreement (Oppenheimer International Diversified Fund)
WITHDRAWAL AND DELIVERY. Subject to the terms of this Agreement, the Client may at any time demand withdrawal of all or any part of the Property in the Custody Account and/or the Custody Cash Account. Delivery of any Property will be made without undue delay at the expense of the Client at such location as the parties hereto may agreeClient instructs; PROVIDED THAT if the Custodian has effected any transaction on behalf of the Client the settlement of which is likely to occur after a withdrawal pursuant to this Section 10, then the Custodian shall be entitled in its absolute discretion to close out or complete such transaction and to retain sufficient funds from the Property for that purpose.
Appears in 2 contracts
Samples: Global Custodial Services Agreement (Lincoln Variable Insurance Products Trust), Global Custodial Services Agreement (Jefferson Pilot Variable Fund Inc)
WITHDRAWAL AND DELIVERY. Subject to the terms of this Agreement, the Client may at any time demand withdrawal of all or any part of the Property in the Custody Account and/or the Custody Cash Account. Delivery of any Property will be made without undue delay at the expense of the Client at such location as the parties hereto may agree; PROVIDED THAT ------------- if the Custodian has effected any transaction on behalf of the Client the settlement of which is likely to occur after a withdrawal pursuant to this Section 10, then the Custodian shall be entitled in its absolute discretion to close out or complete such transaction and to retain sufficient funds from the Property for that purpose.
Appears in 1 contract
Samples: Global Custodial Services (Oppenheimer Multi Cap Value Fund)
