Underlying Portfolios definition
Examples of Underlying Portfolios in a sentence
With respect to uncertificated shares (the "Underlying Shares") of registered investment companies (hereinafter sometimes referred to as the "Underlying Portfolios"), the holding of confirmation statements that identify the shares as being recorded in the Custodian's name on behalf of the Portfolios will be deemed custody for purposes hereof.
The Underlying Transfer Agent, acting in its capacity as transfer agent for any Underlying Portfolios, shall not be deemed an agent or sub-custodian of the Custodian for purposes of this Section 2.7 or any other provision of this Agreement.
Department of the Treasury (each, a "U.S. Securities System") and (b) the Underlying Shares owned by each Fund which are maintained pursuant to Section 2.14 in an account with State Street Bank and Trust Company or such other entity which may from time to time act as a transfer agent for the Underlying Portfolios and with respect to which the Custodian is provided with Proper Instructions (the "Underlying Transfer Agent").
With respect to uncertificated shares of the Underlying Portfolios (the "Underlying Shares") the holding of confirmation statements that identify the shares as being recorded in the Custodian's name on behalf of the Lifestyle Portfolios will be deemed custody for purposes hereof.
The Sub-Adviser represents and warrants that the Underlying Portfolios are appropriate for investing in accordance with each Fund’s Glidepath.
The Underlying Portfolios shall include those funds or portfolios for which the Sub-Adviser or its affiliate serves as investment adviser (the “Pooling Portfolios”) and those funds or portfolios for which the Adviser or its affiliate serves as investment adviser and as agreed to by the parties from time to time.
With respect to uncertificated shares (the "Underlying Shares") of registered investment companies (hereinafter sometimes referred to as the "Underlying Portfolios"), the holding of confirmation statements that identify the shares as being recorded in the Custodian's name on behalf of the Fund will be deemed custody for purposes hereof.
The Estimated Underlying Fund Expenses also reflect fee waivers and/or expense reimbursements of the Underlying Portfolios, if applicable.
With respect to uncertificated shares (the "Underlying Shares") of registered investment companies (hereinafter sometimes referred to as the "Underlying Portfolios"), the holding of confirmation statements that identify the shares as being recorded in the Custodian's name on behalf of the Portfolio will be deemed custody for purposes hereof.
Securities System”) and (b) Underlying Shares owned by each Fund which are maintained pursuant to Section 2.10 hereof in an account with State Street Bank and Trust Company or such other entity which may from time to time act as a transfer agent for the Underlying Portfolios and with respect to which the Custodian is provided with Proper Instructions (the “Underlying Transfer Agent”).