Delegation of Board Review of Subcustodians Sample Clauses

Delegation of Board Review of Subcustodians. From time to time, the Custodian may agree to perform certain reviews of Subcustodians and of Subcustodian Contracts as delegate of the Fund's Board. In such event, the Custodian's duties and obligations with respect to this delegated review will be performed in accordance with the terms of the attached 17f-5 Delegation Schedule to this Agreement.
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Delegation of Board Review of Subcustodians. From time to time, the Custodian may agree to perform certain reviews of Subcustodians and of Subcustodian Contracts as delegate of the Trust’s Board. In such event, the Custodian’s duties and obligations with respect to this delegated review will be performed in accordance with the terms of the attached Delegation Schedule to this Agreement.
Sample 1Sample 2Sample 3See All (64)
Delegation of Board Review of Subcustodians. The Custodian's duties and obligations with respect to the review of Subcustodians and subcustodian contracts will be performed in accordance with the terms of the attached 17f-5 Delegation Schedule to this Agreement.
Sample 1Sample 2See All (4)
Delegation of Board Review of Subcustodians. The Fund, by resolution adopted by its Board, hereby delegates to the Custodian, subject to Section (b) of Rule 17f-5, the responsibilities set forth in the attached 17f-5 Delegation Schedule to this Agreement with respect to Investments of the Fund held outside of the United States, and the Custodian hereby accepts such delegation with respect to the Fund.
Sample 1Sample 2
Delegation of Board Review of Subcustodians. The Custodian's duties and obligations with respect to review of Subcustodians and of subcustodian contracts will be performed in accordance with the terms of the attached 17f-5 Delegation Schedule to this Agreement.
Sample 1Sample 2
Delegation of Board Review of Subcustodians. From time to time, the Custodian
Sample 1
Delegation of Board Review of Subcustodians. From time to time, the Custodian may offer to perform, and the Trust may accept such offer to perform, that the Custodian perform certain reviews of Subcustodians and of Subcustodian contracts as delegate of the Trust's Board. In such event, the Custodian's duties and obligations with respect to this delegated review will be performed in accordance with the terms of SCHEDULE "1" (Foreign Custody Manager Delegation Agreement) of this Agreement/the separate delegation agreement between the Trust and the Custodian.
Sample 1
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Related to Delegation of Board Review of Subcustodians

  • Use of Subcustodians The Custodian may make arrangements, where appropriate, with other banks having not less than two million dollars aggregate capital, surplus and undivided profits for the custody of securities. Any such bank selected by the Custodian to act as subcustodian shall be deemed to be the agent of the Custodian. The Custodian also may enter into arrangements for the custody of securities entrusted to its care through foreign branches of United States banks; through foreign banks, banking institutions or trust companies; through foreign subsidiaries of United States banks or bank holding companies, or through foreign securities depositories or clearing agencies (hereinafter also called, collectively, the "Foreign Subcustodian" or indirectly through an agent, established under the first paragraph of this section, if and to the extent permitted by Section 17(f) of the Investment Company Act of 1940 and the rules promulgated by the Securities and Exchange Commission thereunder, any order issued by the Securities and Exchange Commission, or any "no-action" letter received from the staff of the Securities and Exchange Commission. To the extent the existing provisions of the Custodian Agreement are consistent with the requirements of such Section, rules, order or no-action letter, they shall apply to all such foreign custodianships. To the extent such provisions are inconsistent with or additional requirements are established by such Section, rules, order or no-action letter, the requirements of such Section, rules, order or no-action letter will prevail and the parties will adhere to such requirements; provided, however, in the absence of notification from the Corporation of any changes or additions to such requirements, the Custodian shall have no duty or responsibility to inquire as to any such changes or additions.

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