Delivery of Investments. The Custodian shall release and deliver domestic investments owned by a Fund held by the Custodian or in a U.S. Securities System account of the Custodian or in the Custodian’s Direct Paper System account ("Direct Paper System Account") only upon receipt of Proper Instructions, which may be continuing instructions when agreed to by the parties, and only in the following cases:
1) Upon sale of such investments for the account of the Fund and receipt of payment therefor;
2) Upon the receipt of payment in connection with any repurchase agreement related to such investments entered into by the Fund;
3) In the case of a sale effected through a U.S. Securities System, in accordance with the provisions of Section 2.9 hereof;
4) To the depository agent in connection with tender or other similar offers for portfolio investments of the Fund;
5) To the issuer thereof or its agent when such investments are called, redeemed, retired or otherwise become payable; provided that, in any such case, the cash or other consideration is to be delivered to the Custodian;
6) To the issuer thereof, or its agent, for transfer into the name of the Fund or into the name of any nominee or nominees of the Custodian or into the name or nominee name of any agent appointed pursuant to Section 2.8 or into the name or nominee name of any sub-custodian appointed pursuant to Section 1; or for exchange for a different number of bonds, certificates or other evidence representing the same aggregate face amount or number of units; provided that, in any such case, the new securities are to be delivered to the Custodian;
7) Upon the sale of such investments for the account of the Fund, to the broker or its clearing agent, against a receipt, for examination in accordance with usual "street delivery" custom; provided that in any such case the Custodian shall have no responsibility or liability for any loss arising from the delivery of such investments prior to receiving payment for such investments except as may arise from the Custodian’s own negligence or willful misconduct;
8) For exchange or conversion pursuant to any plan of merger, consolidation, recapitalization, reorganization or readjustment of the investments of the issuer of such investments, or pursuant to provisions for conversion contained in such investments, or pursuant to any deposit agreement; provided that, in any such case, the new investments and cash, if any, are to be delivered to the Custodian;
9) In the case of warrants, right...
Delivery of Investments. During the term of this Agreement, Trust will deliver or cause to be delivered to the Custodian all Investments to be held by the Custodian for the account of any Fund. Custodian will not have any duties or responsibilities with respect to such Investments until actually received by the Custodian. The Custodian is hereby authorized by the Trust, acting on behalf of a Fund, to actually deposit any assets of the Fund in the Book-Entry System or in a Securities Depository, provided, however, that the Custodian shall be accountable to the Trust for the assets of the Fund so deposited. Assets deposited in the Book-Entry System or the Security Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts in which the Custodian acts in a fiduciary or representative capacity. As and when received, the Custodian shall deposit to the account(s) of a Fund any and all payments for Shares of that Fund issued or sold from time to time as they are received from the Trust’s distributor or Dividend and Transfer Agent or from the Trust itself. The Custodian shall not be responsible for any Securities, moneys or other assets of any Fund until actually received.
Delivery of Investments. During the term of this Agreement, the Company will deliver or cause to be delivered to the Custodian all Investments to be held by the Custodian for the account of any Fund. The Custodian will not have any duties or responsibilities with respect to such Investments until actually received by the Custodian. The Custodian is authorized to open and maintain Custody Accounts (individually an "Account" and collectively, the “Accounts”) in the name of each Fund. Each Account now or in the future opened by the Company and held by the Custodian in that fashion will be subject to the terms and conditions of this Agreement. The Custodian will hold in the Account all Investments and Cash which it receives for deposit into the respective Accounts from the Company from time to time, provided, however, that the Custodian reserves the right to refuse to accept any particular Investments for deposit into an Account that the Custodian determines that it does not or cannot act as the Custodian for. The Custodian will promptly notify the Company of such refusal and the reason for the refusal. The Custodian is hereby authorized by the Company, acting on behalf of a Fund, to actually deposit any assets of the Fund in the Book-Entry System or in a Securities Depository, provided, however, that the Custodian shall be accountable to the Company for the assets of the Fund so deposited. Assets deposited in the Book-Entry System or the Security Depository will be represented in accounts which include only assets held by the Custodian for customers, including but not limited to accounts in which the Custodian acts in a fiduciary or representative capacity. The Company authorizes Custodian or its Sub-custodians to hold Investments in omnibus accounts of a Sub-custodian or Securities Depository with respect to both domestic Investments and global Investments. Custodian is authorized, when directed to do so by the Company, to hold Investments at third parties and to register Investments in broker “street name” or in the name of other third parties (or their nominees) in accordance with industry practice. As and when received, the Custodian shall deposit to the account(s) of a Fund any and all payments for Shares of that Fund issued or sold from time to time as they are received from the Company’s distributor or Dividend and Transfer Agent or from the Company itself. The Custodian shall not be responsible for any Securities, moneys or other assets of any Fund until actually received.
Delivery of Investments. The Custodian shall release and deliver domestic investments owned by a Fund held by the Custodian or in a U.S. Securities System account of the Custodian or in the Custodian's Direct Paper System account ("DIRECT PAPER SYSTEM ACCOUNT") only upon receipt of Proper Instructions, which
Delivery of Investments. During the term of this Agreement, the Trust will cause to be delivered to the Sub-custodian all Investments to be held by the Sub-custodian for the account of the Trust. Sub-custodian will not have any duties or responsibilities with respect to such Investments until actually received by the Sub-custodian. Investments shall be deposited in accounts in the Trust’s name that include only assets held by the Sub-custodian for the Trust, including but not limited to accounts in which the Sub-custodian acts in a fiduciary or representative capacity. The Sub-custodian shall not be responsible for any Securities, moneys or other assets of the Trust until actually received. All Securities beneficially owned by the Trust and held by the Sub-custodian for the benefit of the Trust shall be freely transferable without the payment of money or value to the Sub-custodian other than for safe custody or administration as provided for in this Agreement.
Delivery of Investments. The Custodian shall release and deliver United States investments of the Account held by the Custodian or in a U.S. Securities System account of the Custodian or in the Custodian's Direct Paper book entry system account ("Direct Paper System Account") only upon receipt of Proper Instructions (as defined below), which may be continuing instructions when deemed appropriate by the parties, and only as described in paragraph B. above and in the following cases:
1. Upon sale of such investments for the account of the Company and receipt of payment therefor;
2. Upon the receipt of payment in connection with any repurchase agreement related to such investments entered into on behalf of the Company;
3. In the case of a sale effected through a U.S. Securities System, in accordance with the provisions of Section 2.G. hereof;
4. To the depository agent, against a receipt, in connection with tender or other similar offers for portfolio investments of the Account;
