Foreign Custody Manager definition

Foreign Custody Manager has the meaning set forth in section (a)(3) of Rule 17f-5.

Foreign Custody Manager means the Fund’s foreign custody manager appointed pursuant to Rule 17f-5 of the 1940 Act.

Foreign Custody Manager shall have the meaning assigned to it in Rule 17f-5.

Examples of Foreign Custody Manager in a sentence

• The Approved Foreign Custody Manager may then appoint a Foreign Subcustodian or Interim Subcustodian in accordance with this Section 5.

• Such Delegation Agreement shall provide that the appointment of any Domestic Subcustodian as the Approved Foreign Custody Manager must be governed by a written agreement between the Custodian and the Domestic Subcustodian, which provides for compliance with Rule 17f-5.

• In each case in which the Foreign Custody Manager maintains Foreign Assets with an Eligible Foreign Custodian selected by the Foreign Custody Manager, the Foreign Custody Manager shall establish a system to monitor (i) the appropriateness of maintaining the Foreign Assets with such Eligible Foreign Custodian and (ii) the contract governing the custody arrangements established by the Foreign Custody Manager with the Eligible Foreign Custodian.

• In the event the Foreign Custody Manager determines that the custody arrangements with an Eligible Foreign Custodian it has selected are no longer appropriate, the Foreign Custody Manager shall notify the Board in accordance with Section 3.2.5 hereunder.

• Each Board’s delegation to the Custodian as Foreign Custody Manager of the Portfolios shall be effective as of the date hereof and shall remain in effect until terminated at any time, without penalty, by written notice from the terminating party to the non-terminating party.

More Definitions of Foreign Custody Manager

Foreign Custody Manager has the meaning set forth in Section (a)(3) of Rule 17f-5 promulgated under the 1940 Act.

Foreign Custody Manager or "FCM" has the meaning set forth in section (a)(2) of Rule 17f-5.

Foreign Custody Manager has the meaning set forth in section (a)(3) of Rule 17f-5 (as such term may be interpreted or modified by appropriate action of the SEC).

Foreign Custody Manager means a Foreign Custody Manager as defined in Rule 17f-5(a)(3) under the 1940 Act.

Foreign Custody Manager has the same meaning as in Rule 17f-5 under the 1940 Act.

Foreign Custody Manager means a Fund’s or a Registered Canadian Fund’s board of directors or any person serving as the board’s delegate under paragraphs (b) or (d) of this section.

Foreign Custody Manager has the meaning set forth in section (a)(2) of Rule 17f-5; it is a Fund's Board of Directors or any person serving as the Board's delegate under sections (b) or (d) of Rule 17f-5.