Cash Accounts, Deposits and Money Movements. Subject to the terms and conditions set forth in this Section 7, the Fund hereby authorizes the Custodian to open and maintain, with itself or with Subcustodians, cash accounts in United States Dollars, in such other currencies as are the currencies of the countries in which the Fund maintains Investments or in such other currencies as the Fund shall from time to time request by Instruction.
Cash Accounts, Deposits and Money Movements. Subject to the terms and conditions set forth in this Section 7, the Fund hereby authorizes the Custodian to open and maintain, with itself or with Subcustodians, cash accounts in United States Dollars, in such other currencies as are the currencies of the countries in which the Fund maintains Investments or in such other currencies as the Fund shall from time to time request by Instruction, including standing Instructions for Principal Accounts to participate in a BBH&Co. cash management vehicle. Notwithstanding anything in this Agreement to the contrary, the Fund shall be liable as principal for any overdrafts occurring in any cash accounts.
Cash Accounts, Deposits and Money Movements. Subject to the terms and conditions set forth in this Section 7, the Trust hereby authorizes the Custodian to open and maintain, with itself or with Subcustodians, cash accounts in United States Dollars, in such other currencies as are the currencies of the countries in which the Trust maintains Investments or in such other currencies as the Trust shall from time to time request by Instruction.
Cash Accounts, Deposits and Money Movements. Subject to the terms and conditions set forth in this Section 7, the Trust hereby authorizes the Custodian to open and maintain, with itself or with Subcustodians, cash accounts in United States Dollars, in such other currencies as are the currencies of the countries in which the Trust or a Fund maintain Investments or in such other currencies as the Trust, on behalf of the Funds, shall from time to time request by Instruction, including standing Instructions for Principal Accounts to participate in a BBH&Co. cash management vehicle. Notwithstanding any in this Agreement to the contrary, the Trust shall be liable as principal for any overdrafts occurring in its cash accounts.
Cash Accounts, Deposits and Money Movements. Subject to the terms and conditions set forth in this Section 7, each of the Trust and each Company hereby authorizes the Custodian to open and maintain, with itself or with Subcustodians, cash accounts in United States Dollars, in such other currencies as are the currencies of the countries in which the Trust or Company maintains Investments or in such other currencies as the Trust or Company shall from time to time request by Instruction. Notwithstanding anything in this Agreement to the contrary, the Trust or Company shall be liable as principal for any overdrafts occurring in any cash accounts.
Cash Accounts, Deposits and Money Movements. Subject to the terms and conditions set forth in this Section 7, the Company hereby authorizes the Custodian to open and maintain, with itself or with Subcustodians, cash accounts in United States Dollars, in such other currencies as are the currencies of the countries in which the Company maintains Investments or in such other currencies as the Company shall from time to time request by Instruction. Notwithstanding anything in this Agreement to contrary effect, the Company shall be liable as principal for any overdrafts resulting from its Instruction occurring in any cash accounts.
Cash Accounts, Deposits and Money Movements. Subject to the terms and conditions set forth in this
Cash Accounts, Deposits and Money Movements. Subject to the terms and conditions set forth in this Section 5, the Trust and the Managing Owner each hereby authorize the Custodian to open and maintain on behalf of each Fund, with itself or with Subcustodians, cash accounts in United States Dollars and Canadian Dollars or in such other currencies as a Fund shall from time to time request by Instruction.
Cash Accounts, Deposits and Money Movements. Subject to the terms and conditions set forth in this Section 7, the Bank hereby authorizes the Global Sub-custodian to open and maintain, with itself or with Sub-subcustodians, cash accounts in United States Dollars, in such other currencies as are the currencies of the countries in which the Bank on behalf of its Customers maintains Investments or in such other currencies as the Bank shall from time to time request by Instruction. Notwithstanding anything in this Agreement to contrary effect, the Bank shall be liable as principal for any overdrafts occurring in any cash accounts.
Cash Accounts, Deposits and Money Movements. Subject to the terms and conditions set forth in this Section 7, the Client hereby authorizes the Custodian to open and maintain, with itself or with Subcustodians, cash accounts in United States Dollars, in such other currencies as are the currencies of the countries in which the Fund maintains Investments or in such other currencies as the Client shall from time to time request by Instruction.
