CUSTODIAN AGREEMENT
PRINCOR WORLD FUND, INC.
AGREEMENT dated September 15, 1988 between THE CHASE MANHATTAN BANK,
N.A.("Bank") and Princor World Fund, Inc. ("Company").
1. Custody Account. The Bank agrees to establish and maintain (a) a custody
account in the name of the Company ("Custody Account") for any and all stocks,
shares, bonds, debentures, notes, mortgages or other obligations for the payment
of money and any certificates, receipts, warrants or other instruments
representing rights to receive, purchase or subscribe for the same or evidencing
or representing any other rights or interests therein and other similar property
(hereinafter called "Securities") from time to time received by the Bank or its
subcustodian, (as defined in the last sentence of Section 3) for the account of
the Company, and (b) a deposit account in the name of the Company ("Deposit
Account") for any and all cash in any currency received by the Bank or its
subcustodian for the account of the Company, which cash shall not be subject to
withdrawal by draft or check.
2. Maintenance of Securities Abroad. Securities in the Custody Account shall
be held in the country or other jurisdiction as shall be specified from time to
time in Instructions, provided that such country or other jurisdiction shall be
one in which the principal trading market for such Securities is located or the
country or other jurisdiction in which such Securities are to be presented for
payment or are acquired for the Custody Account and (b) cash in the Deposit
Account shall be credited to an account in such amounts and in the country or
other jurisdiction as shall be specified from time to time in Instructions,
provided that such country or other jurisdiction shall be one in which such cash
is the legal currency for the payment of public or private debts.
3. Eligible Foreign Custodians and Securities Depositories. The Board
authorizes the Bank to hold the Securities in the Custody Account and the cash
in the Deposit Account in custody and deposit accounts, respectively, which have
been established by the Bank with one of its branches, a branch of a qualified
U.S. bank, an eligible foreign custodian or an eligible foreign securities
depository; provided, however, that the Board has approved the use of, and the
Bank's contract with, such eligible foreign custodian or eligible foreign
securities depository by resolution, and a certified copy of such resolution has
been provided to the Bank. Furthermore, if one of its branches, a branch of a
qualified U.S. bank or an eligible foreign custodian is selected to act as the
Bank's subcustodian to hold any of the Securities or cash, such entity is
authorized to hold such Securities or cash in its account with an eligible
foreign securities depository in which it participates. For purposes of this
Agreement (a) "qualified U.S. bank" shall mean a qualified U.S. bank as defined
in Rule 17f-5 under the Investment Company Act of 1940; (b) "eligible foreign
custodian" shall mean (i) a banking institution or trust company incorporated or
organized under the laws of a country other than the United States that is
regulated as such by that country's government or an agency thereof and that has
shareholders' equity in excess of $200 million in U.S. currency (or a foreign
currency equivalent thereof), (ii) a majority owned direct or indirect
subsidiary of a qualified U.S. bank or bank holding company that is incorporated
or organized under the laws of a country other than the United States and that
has shareholders' equity in excess of $100 million in U.S. currency (or a
foreign currency equivalent thereof) or (iii) a banking institution or trust
company incorporated or organized under the laws of a country other than the
United State or a majority owned direct or indirect subsidiary of a qualified
U.S. bank or bank holding company that is incorporated or organized under the
laws of a country other than the United States which has such other
qualifications as shall be specified in Instructions and approved by the Bank;
and (c) "eligible foreign securities depository" shall mean a securities
depository or clearing agency, incorporated or organized under the laws of a
country other than the United States, which operates (i) the central system for
handling of securities or equivalent book-entries in that country or (ii) a
transnational system for the central handling of securities or equivalent
book-entries.
Hereinafter the term "subcustodian" will refer to any branch of a qualified
U.S. bank, any eligible foreign custodian or any eligible foreign securities
depository with which the Bank has entered an agreement of the type contemplated
hereunder regarding Securities and/or cash held in or to be acquired for the
Custody Account or the Deposit Account.
4. Use of Subcustodian. With respect to Securities and other assets which
are maintained by the Bank in the physical custody of a subcustodian pursuant to
Section 3 (as used in this Section 4, the term "Securities" means such
Securities and other assets),
(a) The Bank will identify on its books as belonging to the Company any
Securities held by such subcustodian.
(b) In the event that a subcustodian permits any of the Securities placed in
its care to be held in an eligible foreign securities depository, such
subcustodian will be required by its agreement with the Bank to identify on its
books such Securities as being held for the account of the Bank as a custodian
for its customers.
(c) Any Securities in the Custody Account held by a subcustodian of the Bank
will be subject only to the instructions of the Bank or its agents; and any
Securities held in an eligible foreign securities depository for the account of
a subcustodian will be subject only to the instructions of such subcustodian.
(d) The Bank will only deposit Securities in an account with a subcustodian
which includes exclusively the assets held by the Bank for its customers, and
the Bank will cause such account to be designated by such subcustodian as a
special custody account for the exclusive benefit of customers of the Bank.
(e) Any agreement the Bank shall enter into with a subcustodian with respect
to the holding of Securities shall require that (i) the Securities are not
subject to any right, charge, security interest, lien or claim of any kind in
favor of such subcustodian except for their safe custody or administration and
(ii) beneficial ownership of such Securities is freely transferable without the
payment of money or value other than for safe custody or administration;
provided, however, that the foregoing shall not apply to the extent that any of
the above-mentioned rights, charges, etc. result from any compensation or other
expenses arising with respect to the safekeeping of Securities pursuant to such
agreement or from any arrangements made by the Company with any such
subcustodian. Any agreement the Bank shall enter into with a subcustodian with
respect to the holdings of Securities shall require that the Securities are not
subject to any right, charge, security interest, lien or claim of any kind in
favor of such subcustodian's creditors.
(f) The Bank shall allow independent public accountants of the Company such
reasonable access to the records of the Bank relating to the Securities held in
the Custody Account as is required by such accountants in connection with their
examination of the books and records pertaining to the affairs of the Company.
The Bank shall, subject to restrictions under applicable law, also obtain from
any subcustodian with which the Bank maintains the physical possession of any
Securities in the Custody Account an undertaking to permit independent public
accountants of the Company such reasonable access to the records of such
subcustodian as may be required in connection with their examination of the
books and records pertaining to the affairs of the Company. Upon a reasonable
request from the Company, the Bank shall furnish to the Company such reports (or
portions thereof) of the Bank's external auditors as relate directly to the
Bank's system of internal accounting controls applicable to the Bank's duties
under this Agreement. The Bank shall use its best efforts to obtain and furnish
the Company with such similar reports as the Company may reasonably request with
respect to each eligible foreign custodian and eligible foreign securities
depository holding Securities of the Company.
(g) The Bank will supply to the Company from time to time as mutually agreed
upon a statement in respect to any Securities in the Custody Account held by a
subcustodian, including an identification of the entity having possession of the
Securities, and the Bank will send to the Company an advice or notification of
any transfers of Securities to or from the Custody Account, indicating, as to
Securities acquired for the Company, the identity of the entity having physical
possession of such Securities. In the absence of the filing in writing with the
Bank by the Company of exceptions or objections to any such statement within
sixty (60) days, the Company shall be deemed to have approved such statement;
and in such case or upon written approval of the Company of any such statement
the Bank shall, to the extent permitted by law, be released, relieved and
discharged with respect to all matters and things set forth in such statement as
though such statement had been settled by the decree of a court of competent
jurisdiction in an action in which the Company and all persons having any equity
interest in the Company were parties.
(h) The Bank hereby warrants to the Company that in its opinion, after due
inquiry, the established procedures to be followed by each of its branches, each
branch of a qualified U.S. bank, each eligible foreign custodian and each
eligible foreign securities depository holding the Company's Securities pursuant
to this Agreement afford protection for such Securities at least equal to that
afforded by the Bank's established procedures with respect to similar securities
held by the Bank (and its securities depositories) in New York.
5. Deposit Account Payments. Subject to the provisions of Section 7, the
Bank shall make, or cause its subcustodians to make, payments of cash credited
to the Deposit Account only
(a) in connection with the purchase of Securities for the Company and the
delivery of such Securities to, or the crediting of such Securities to the
account of, the Bank or its subcustodian; each such payment to be made at prices
as confirmed by Instructions (as defined in Section 9 hereof) from Authorized
Persons (as defined in Section 10 hereof);
(b) for the purchase or redemption of shares of the capital stock of the
Company and the delivery to, or crediting to the account of, the Bank or its
subcustodian of such shares to be so purchased or redeemed;
(c) for the payment for the account of the Company of dividends, interest,
taxes, management or supervisory fees, capital distributions or operating
expenses;
(d) for the payments to be made in connection with the conversion, exchange
or surrender of Securities held in the Custody Account;
(e) for other proper corporate purposes of the Company; or
(f) upon the termination of this Custody Agreement as hereinafter set forth.
All payments of cash for a purpose permitted by subsection (a), (b), (c) or (d)
of this Section 5 will be made only upon receipt by the Bank of Instructions
from Authorized Persons which shall specify the purpose for which the payment is
to be made and the applicable subsection of this Section 5. In the case of any
payment to be made for the purpose permitted by subsection (e) of this Section
5, the Bank must first receive a certified copy of a resolution of the Board
adequately describing such payment, declaring such purpose to be a proper
corporate purpose, and naming the person or persons to whom such payment is to
be made. Any payment pursuant to subsection (f) of this Section 5 will be made
in accordance with Section 17.
In the event that any payment made under this Section 5 exceeds the
funds available in the Deposit Account, the Bank may, in its discretion, advance
the Company an amount equal to such excess and such advance shall be deemed a
loan from the Bank to the Company, payable on demand, bearing interest at the
rate of interest customarily charged by the Bank on similar loans.
If the Bank causes the Deposit Account to be credited on the payable
date for interest, dividends or redemptions, the Company will promptly return to
the Bank any such amount or property so credited upon oral or written
notification that neither the Bank nor its subcustodian can collect such amount
or property in the ordinary course of business. The Bank or its subcustodian, as
the case may be, shall have no duty or obligation to institute legal
proceedings, file a claim or proof of claim in any insolvency proceeding or take
any other action with respect to the collection of such amount or property
beyond its ordinary collection procedures.
6. Custody Account Transactions. Subject to the provisions of Section 7,
Securities in the Custody Account will be transferred, exchanged or delivered by
the Bank or its subcustodians only.
(a) upon sale of such Securities for the Company and receipt by the Bank or
its subcustodian only of payment therefor, each such payment to be in the amount
confirmed by Instructions from Authorized Persons:
(b) when such Securities are called, redeemed or retired, or otherwise
become payable;
(c) in exchange for or upon conversion into other Securities alone or other
Securities and cash pursuant to any plan or merger, consolidation,
reorganization, recapitalization or readjustment;
(d) upon conversion of such Securities pursuant to their terms into other
Securities;
(e) upon exercise of subscription, purchase or other similar rights
represented by such Securities;
(f) for the purpose of exchanging interim receipts or temporary Securities
for definitive Securities;
(g) for the purpose of redeeming in kind shares of the capital stock of the
Company against delivery to the Bank or its subcustodian of such shares to be so
redeemed;
(h) for other proper corporate purposes of the Company;
(i) upon the termination of this Custody Agreement as hereinafter set forth.
All transfers, exchanges or deliveries of Securities in the Custody Account for
a purpose permitted by either subsection (a), (b), (c), (d), (e) or (f) of this
Section 6 will be made, except as provided in Section 8, only upon receipt by
the Bank of Instructions from Authorized Persons which shall specify the purpose
of the transfer, exchange or delivery to be made and the applicable subsection
of this Section 6. In the case of any transfer or delivery to be made for the
purpose permitted by subsection (g) of this Section 6, the Bank must first
receive Instructions from Authorized Persons specifying the shares held by the
Bank or its subcustodian to be so transferred or delivered and naming the person
or persons to whom transfers or delivery of such shares shall be made. In the
case of any transfer, exchange or delivery to be made for the purpose permitted
by subsection (h) of this Section 6, the Bank must first receive a certified
copy of a resolution of the Board adequately describing such transfer, exchange
or delivery, declaring such purpose to be a proper corporate purpose, and naming
the person or persons to whom delivery of such Securities shall be made. Any
transfer or delivery pursuant to subsection (i) of this Section 6 will be made
in accordance with Section 17.
7. Custody Account Procedures. With respect to any transaction involving
Securities held in or to be acquired for the Custody Account, the Bank in its
discretion may cause the Deposit Account to be credited on the contractual
settlement date with the proceeds of any sale or exchange of Securities from the
Custody Account and to be debited on the contractual settlement date for the
cost of Securities purchased or acquired for the Custody Account. The Bank may
reverse any such credit or debit if the transaction with respect to which such
credit or debit were made fails to settle within a reasonable period, determined
by the Bank in its discretion, after the contractual settlement date, except
that if any Securities delivered pursuant to this Section 7 are returned by the
recipient thereof, the Bank may cause any such credits and debits to be reversed
at any time. With respect to any transactions as to which the Bank does not
determine so to credit or debit the Deposit Account, the proceeds from the sale
or exchange of Securities will be credited and the cost of such Securities
purchased or acquired will be debited to the Deposit Account on the date such
proceeds or Securities are received by the Bank.
Notwithstanding the preceding paragraph, settlement and payment for
Securities received for, and delivery of Securities out of, the Custody Account
may be effected in accordance with the customary or established securities
trading or securities processing practices and procedures in the jurisdiction or
market in which the transaction occurs, including, without limitation,
delivering Securities to the purchaser thereof or to a dealer therefor (or an
agent for such purchaser or dealer) against a receipt with the expectation of
receiving later payment for such Securities from such purchaser or dealer.
8. Actions of the Bank. Until the Bank receives Instructions from Authorized
Persons to the contrary, the Bank will, or will instruct its subcustodian, to
(a) present for payment any Securities in the Custody Account which are
called, redeemed or retired or otherwise become payable and all coupons and
other income items which call for payment upon presentation to the extent that
the Bank or subcustodian is aware of such opportunities for payment, and hold
cash received upon presentation of such Securities in accordance with the
provisions of Sections 2, 3 and 4 of this Agreement;
(b) in respect of Securities in the Custody Account, execute in the name of
the Company such ownership and other certificates as may be required to obtain
payments in respect thereof;
(c) exchange interim receipts or temporary Securities in the Custody Account
for definitive Securities;
(d) convert moneys received with respect to Securities of foreign issue into
United States dollars or any other currency necessary to effect any transaction
involving the Securities whenever it is practicable to do so through customary
banking channels, using any method or agency available, including, but not
limited to, the facilities of the Bank, its subsidiaries, affiliates or
subcustodians; and
(e) appoint brokers and agents for any transaction involving the Securities
in the Custody Account, including, without limitation, affiliates of the Bank or
any subcustodian, but except as otherwise specifically provided herein the Bank
or its subcustodian, as the case may be, will not be responsible for any act,
omission or default of, or for the solvency of, any such broker or agent.
9. Instructions. As used in this Agreement, the term "Instructions" means
instructions of the Company received by the Bank, via telephone, telex, TWX,
facsimile transmission, bank wire or other teleprocess or electronic instruction
system acceptable to the Bank which the Bank believes in good faith to have been
given by Authorized Persons or which are transmitted with proper testing or
authentication pursuant to terms and conditions which the Bank may specify.
Any Instructions delivered to the Bank by telephone shall promptly
thereafter be confirmed in writing by an Authorized Person (which confirmation
may bear the facsimile signature of such person), but the Company will hold the
Bank harmless for its failure to send such confirmation in writing, the failure
of such confirmation to conform to the telephone instructions received or the
Bank's failure to produce such confirmation at any subsequent time. Unless
otherwise expressly provided, all Instructions shall continue in full force and
effect until cancelled or superseded. If the Bank requires test arrangements,
authentication methods or other security devices to be used with respect to
Instructions, any Instructions given by the Company thereafter shall be given
and processed in accordance with such terms and conditions for the use of such
arrangements, methods or devices as the Bank may put into effect and modify from
time to time. The Company shall safeguard any testkeys, identification codes or
other security devices which the Bank shall make available to it. The Bank may
electronically record any Instructions given by telephone, and any other
telephone discussions, with respect to the Custody Account.
10. Authorized Persons. As used in this Agreement, the term "Authorized
Persons" means such officers or such agents of the Company as have been
designated by a resolution of the Board, a certified copy of which has been
provided to the Bank, to act on behalf of the Company in the performance of any
acts which Authorized Persons may do under this Agreement. Such persons shall
continue to be Authorized Persons until such time as the Bank receives
Instructions from Authorized Persons that any such officer or agent is no longer
an Authorized person.
11. Nominees. Securities in the Custody Account which are ordinarily held in
registered form may be registered in the name of the Bank's nominee or, as to
any Securities in the possession of an entity other than the Bank, in the name
of such entity's nominee. The Company agrees to hold any such nominee harmless
from any liability as a holder of record of such Securities. The Bank may
without notice to the Company cause any such Securities to cease to be
registered in the name of any such nominee and to be registered in the name of
the Company. In the event that any Securities registered in the name of the
Bank's nominee or held by one of its subcustodians and registered in the name of
such subcustodian's nominee are called for partial redemption by the issuer of
such Security, the Bank may allot, or cause to be allotted, the called portion
to the respective beneficial holders of such class of security in any manner the
Bank deems to be fair and equitable.
12. Standard of Care. The Bank shall be responsible for the performance of
only such duties as are set forth herein or contained in Instructions given to
the Bank by Authorized Persons which are not contrary to the provisions of this
Agreement. The Bank will use reasonable care with respect to the safekeeping of
Securities in the Custody Account. The Bank shall be liable to the Company for
any loss which shall occur as the result of the failure of a subcustodian or an
eligible foreign securities depository engaged by such subcustodian to exercise
reasonable care with respect to the safekeeping of such Securities and other
assets to the same extent that the Bank would be liable to the Company if the
Bank were holding such Securities and other assets in New York. In the event of
any loss to the Company by reason of the failure of the Bank or its subcustodian
or an eligible foreign securities depository engaged by such subcustodian to
utilize reasonable care, the Bank shall be liable to the Company to the extent
of the Company's damages, to be determined based on the market value of the
property which is the subject to the loss at the date of discovery of such loss
and without reference to any special conditions or circumstances. The Bank shall
be held to the exercise of reasonable care in carrying out this Agreement but
shall be indemnified by, and shall be without liability to, the Company for any
action taken or omitted by the Bank in good faith without negligence. The Bank
shall be entitled to rely, and may act, on advice of counsel (who may be counsel
for the Company) on all matters and shall be without liability for any action
reasonably taken or omitted pursuant to such advice. The Bank need not maintain
any insurance for the benefit of the Company.
All collections of funds or other property paid or distributed in respect of
Securities in the Custody Account shall be made at the risk of the Company. The
Bank shall have no liability for any loss occasioned by delay in the actual
receipt of notice by the Bank or by its subcustodian of any payment, redemption
or other transaction regarding Securities in the Custody Account in respect of
which the Bank has agreed to take action as provided in Section 8 hereof. The
Bank shall not be liable for any action taken in good faith upon Instructions or
upon any certified copy of any resolution of the Board and may rely on the
genuineness of any such documents which it may in good faith believe to be
validly executed. The Bank shall not be liable for any loss resulting from, or
caused by, the direction of the Company to maintain custody of any Securities or
cash in a foreign country including, but not limited to, losses resulting from
nationalization, expropriation, currency restrictions, acts of war or terrorism,
insurrection, revolution, nuclear fusion, fission or radiation, or acts of God.
13. Compliance with Securities and Exchange Commission Rules and Orders.
Except to the extent the Bank has specifically agreed pursuant to this Agreement
to comply with a condition of a rule, regulation, interpretation or exemptive
order promulgated by or under the authority of the Securities and Exchange
Commission, the Company shall be solely responsible to assure that the
maintenance of Securities and cash under this Agreement complies with any such
rule, regulation, interpretation or exemptive order.
14. Corporate Action. The Bank or its subcustodian is to forward to the
Company only such communications relative to the Securities in the Custody
Account as call for voting or the exercise of rights or other specific action
(including material relative to legal proceedings intended to be transmitted to
security holders) to the extent sufficient copies are received by the Bank or
its subcustodian in time for forwarding to each customer. The Bank or its
subcustodian will cause its nominee to execute and deliver to the Company
proxies relating to Securities in the Custody Account registered in the name of
such nominee but without indicating the manner in which such proxies are to be
voted. Proxies relating to bearer Securities will be delivered in accordance
with written instructions from Authorized persons.
15. Fees and Expenses. The Company agrees to pay to the Bank from time to
time such compensation for its services pursuant to this Agreement as may be
mutually agreed upon in writing from time to time and the Bank's out-of-pocket
or incidental expenses, including (but without limitation) legal fees. The
Company hereby agrees to hold the Bank harmless from any liability or loss
resulting from any taxes or other governmental charges, and any expenses related
thereto, which may be imposed, or assessed with respect to the Custody Account
or any Securities in the Custody Account and also agrees to hold the Bank, its
subcustodians, and their respective nominees harmless from any liability as a
record holder of Securities in the Custody Account. The Bank is authorized to
charge any account of the Company for such items and the Bank shall have a lien
on Securities in the Custody Account and on cash in the Deposit Account for any
amount owing to the Bank from time to time under this Agreement.
16. Effectiveness. This Agreement shall be effective on the date first noted
above; provided, however, that the Board has provided the Bank a certified copy
of a resolution that (i) approves each of the subcustodians listed in Appendix A
hereto and the terms of the custody agreement between the Bank and each such
subcustodian attached as Exhibits I through hereof, and (ii) states that the
Board has determined that the use of each such subcustodian and the terms of
each such subcustody agreement are consistent with the best interests of the
Company and its shareholders.
17. Termination. This Agreement may be terminated by the Company or the Bank
by 60 days written notice to the other, sent by registered mail, provided that
any termination by the Company shall be authorized by a resolution of its Board,
a certified copy of which shall accompany such notice of termination, and
provided further, that such resolution shall specify the names of the persons to
whom the Bank shall deliver the Securities in the Custody Account and to whom
the cash in the Deposit Account shall be paid. If notice of termination is given
by the Bank, the Company shall, within 60 days following the giving of such
notice, deliver to the Bank a certified copy of a resolution of its Board
specifying the names of the persons to whom the Bank shall deliver the
Securities in the Custody Account and to whom the cash in the Deposit Account
shall be paid. In either case the Bank will deliver such Securities and cash to
the persons so specified, after deducting therefrom any amounts which the Bank
determines to be owed to it under Section 15. If within 60 days following the
giving of a notice of termination by the Bank, the Bank does not receive from
the Company a certified xxx of a resolution of the Board specifying the names of
the persons to whom the Bank shall deliver the Securities in the Custody Account
and to whom the cash in the Deposit Account shall be paid, the Bank, at its
election, may deliver such Securities and pay such cash to a bank or trust
company doing business in the State of New York to be held and disposed of
pursuant to the provisions of this Agreement, or to Authorized Persons, or may
continue to hold such Securities and cash until a certified copy of one or more
resolutions as aforesaid is delivered to the Bank. The obligations of the
parties hereto regarding the use of reasonable care, indemnities and Payment of
fees and expenses shall survive the termination of this Agreement.
18. Notices. Any notice or other communication from the Company to the Bank
is to be sent to the office of the Bank at 1211 Avenue of the Americas (00xx
Xxxxx), Xxx Xxxx, Xxx Xxxx 00000, Attention Global Custody Division, or such
other address as may hereafter be given to the Company in accordance with the
notice provisions hereunder, and any notice from the Bank to the Company is to
be mailed postage prepaid, addressed to the Company at the address appearing
below, or as it may hereafter be changed on the Bank's records in accordance
with notice hereunder from the Company.
19. Governing Law and Successors and Assigns. This Agreement shall be
governed by the law of the State of New York and shall not be assignable by
either party, but shall bind the successors and assigns of the Company and the
Bank.
20. Headings. The headings of the paragraphs hereof are included for
convenience of reference only and do not form a part of this Agreement.
PRINCOR WORLD FUND, INC.
X. X. XXXXXXXXX
By _______________________________________
Title(s)
Address for record 000 Xxxx Xxxxxx
_______________________________________
Xxx Xxxxxx, Xxxx 00000
_______________________________________
THE CHASE MANHATTAN BANK, N.A.
XXXXXXXXX X. XXX
By ___________________________________
Title Vice President
APPENDIX A to Custodian Agreement Between
Chas Manhattan Bank, N.A. and Princor World Fund, Inc.
COUNTRY BANK
Argentina Chase Manhattan Bank, N.A. (branch)
Australia National Australia Bank Limited
Austria Creditanstalt-Bankverein
Belgium Generale Banque
Brazil Chase Manhattan Bank, N.A. (branch)
Canada Royal Bank of Canada
Canada Canada Trust Company
Chile Chase Manhattan Bank, N.A. (branch)
Denmark Copenhagan Handelsbank A/S
Finland Kansallis-Osake-Pankki
France Banque Paribas
Germany Berliner Handels und Frankfurter Bank
Hong Kong Chase Manhattan Bank, N.A. (branch)
Ireland Bank of Ireland
Italy Banca Commerciale Italiana
Japan Chase Manhattan Bank, N.A (branch)
Jordan Arab Bank Limited
Malaysia Standard Chartered Xxxx
Xxxxxx Citibank, N.A. (branch)
The Netherlands Nederlandse Credietbank N.V.
The Netherlands Amsterdam - Rotterdam Bank N.V.
New Zealand Bank of New Zealand
Norway Den Norske Credietbank
Philippines The Hong Kong & Shanghai Banking Corp.
Singapore Chase Manhattan Bank, N.A. (branch)
South Africa The Standard Bank of South Africa Ltd.
Spain Banco Hispano Americano
Sweden Skandinaviska Enskilda Banken
Switzerland Union Bank of Switzerland
Thailand Bangkok Bank Limited
United Kingdom Chase Manhattan Bank, N.A. (branch)
