Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio: 1) Make payments to itself or others for minor expenses of handling securities or other financial assets relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio; 2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form; 3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and 4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.
Appears in 39 contracts
Sources: Master Custodian Agreement (Harbor Funds II), Custodian Agreement (Cliffwater Enhanced Lending Fund), Master Custodian Agreement (PFM Funds)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided Contract, PROVIDED that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable BoardBoard of Trustees of the Fund.
Appears in 36 contracts
Sources: Custodian Contract (Neuberger & Berman Equity Trust), Custodian Contract (Growth Portfolio/Ca/), Custodian Contract (Equi Select Series Trust)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided , PROVIDED that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.
Appears in 26 contracts
Sources: Custodian Agreement (Security Equity Fund), Custodian Agreement (Security Equity Fund), Custodian Agreement (White Elk Funds)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio:
1) Make payments to itself or others for minor minor, normal, routine expenses to facilitate the settlement of handling securities or other financial assets transactions that are customary in the market in which the Fund trading and relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.
Appears in 23 contracts
Sources: Master Custodian Agreement (T. Rowe Price Exchange-Traded Funds, Inc.), Master Custodian Agreement (T. Rowe Price Exchange-Traded Funds, Inc.), Master Custodian Agreement (T. Rowe Price Exchange-Traded Funds, Inc.)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided Contract, PROVIDED that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable BoardBoard of Directors of the Fund.
Appears in 10 contracts
Sources: Custodian Contract (Hartford HLS Series Fund Ii Inc), Custodian Contract (Gabelli Equity Series Funds Inc), Custodian Contract (Hartford Advisors HLS Fund Inc)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio:
1) Make payments to itself or others for minor expenses of handling securities or other financial assets relating to its duties under this Agreement; provided that all such payments shall be accounted for to the a Fund on behalf of the Portfolio;
2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.
Appears in 6 contracts
Sources: Master Custodian Agreement (Aim Sector Funds (Invesco Sector Funds)), Master Custodian Agreement (Aim Tax-Exempt Funds (Invesco Tax-Exempt Funds)), Master Custodian Agreement (Invesco Senior Loan Fund)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund Trust on behalf of each applicable Portfolio:
1) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided Contract, PROVIDED that all such payments shall be accounted for to approved by an officer of the Fund Trust on behalf of the Portfolio;
2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable BoardBoard of Trustees of the Trust.
Appears in 5 contracts
Sources: Custodian Contract (Safeco Common Stock Trust), Custody Agreement (Safeco Money Market Trusts), Custodian Contract (Safeco Tax Exempt Bond Trust)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided , PROVIDED that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.
Appears in 4 contracts
Sources: Master Custodian Agreement (Gabelli Asset Fund), Master Custodian Agreement (Gabelli Global Series Funds Inc), Master Custodian Agreement (Gabelli Capital Series Funds Inc)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each PortfolioFund:
1) Make payments to itself or others for minor normal and routine expenses to facilitate the settlement of handling securities or other financial assets transactions that are customary in the markets in which the Fund is trading and relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the PortfolioFund;
2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse for collection, in the name of the PortfolioFund, checks, drafts and other negotiable instruments; and
4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio Fund except as otherwise directed by the applicable Board.
Appears in 4 contracts
Sources: Master Custodian Agreement (North Haven Private Income Fund LLC), Master Custodian Agreement (T Series Middle Market Loan Fund LLC), Master Custodian Agreement (SL Investment Corp.)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided , PROVIDED that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable BoardBoard of Trustees.
Appears in 4 contracts
Sources: Custodian Agreement (Evergreen Select Equity Trust), Custodian Agreement (Evergreen Fixed Income Trust /De/), Custodian Agreement (Flex Partners/)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided that all such payments shall be properly and accurately accounted for to the Fund on behalf of the Portfolio;
2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio Portfolio, except as otherwise directed by the applicable Board.
Appears in 4 contracts
Sources: Master Custodian Agreement (Tiaa Separate Account Va 1), Master Custodian Agreement (Tiaa Cref Institutional Mutual Funds), Master Custodian Agreement (College Retirement Equities Fund)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio:
1) Make payments to itself or others for minor expenses of handling securities or other financial assets relating to its duties under this Agreement; , provided that all such payments shall be accounted for to the Fund on behalf of the PortfolioPortfolios;
2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.
Appears in 3 contracts
Sources: Mutual Fund Custody & Services Agreement (Lincoln Funds Trust), Mutual Fund Custody & Services Agreement (Lincoln Funds Trust), Mutual Fund Custody & Services Agreement (Lincoln Variable Insurance Products Trust)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1(a) Make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2(b) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3(c) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4(d) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.
Appears in 3 contracts
Sources: Custodian Agreement (Dfa Investment Dimensions Group Inc), Custodian Agreement (Dfa Investment Trust Co), Custodian Agreement (Dimensional Investment Group Inc)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
(1) Make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
(2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
(3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
(4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.
Appears in 3 contracts
Sources: Master Custodian Agreement (Parnassus Income Funds), Master Custodian Agreement (Parnassus Funds), Master Custodian Agreement (Reserve Funds /Ny/)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided , PROVIDED that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.
Appears in 3 contracts
Sources: Master Custodian Agreement (Aig Series Trust), Master Custodian Agreement (Sunamerica Focused Series Inc), Master Custodian Agreement (Sunamerica Senior Floating Rate Fund Inc)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each PortfolioTrust:
(1) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided , PROVIDED that all such payments shall be accounted for to the Fund on behalf of Trust in such form that it may be allocated to the Portfolioaffected Fund;
(2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
(3) Endorse endorse for collection, in the name of the Portfolioa Fund, checks, drafts and other negotiable instruments; and
(4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio each Fund except as otherwise directed by the applicable BoardTrust.
Appears in 2 contracts
Sources: Custodian Agreement (Huntington Va Funds), Custodian Agreement (Regions Morgan Keegan Select Funds)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided Contract, PROVIDED that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse endorse for collection, in the name of the Fund on behalf of the Portfolio, checks, drafts and other negotiable instruments; and
4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Fund on behalf of the Portfolio except as otherwise directed by the applicable BoardBoard of Trustees of the Fund.
Appears in 2 contracts
Sources: Custodian Contract (State Street Research Institutional Funds), Custodian Contract (State Street Research Institutional Funds)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio:
1) Make payments to itself or others for minor expenses of handling securities or other financial assets relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.
Appears in 2 contracts
Sources: Custodian Agreement (Northwestern Mutual Series Fund Inc), Custodian Agreement (Edward Jones Money Market Fund)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio:
1) Make payments to itself or others for minor expenses of handling securities or other financial assets relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.
Appears in 1 contract
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1.) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; Contract, provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2.) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3.) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4.) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable BoardBoard of Trustees.
Appears in 1 contract
Sources: Custodian Contract (Ssga Funds)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio:: Information Classification: Limited Access
1) Make payments to itself or others for minor expenses of handling securities or other financial assets relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In general, attend to all non-discretionary non‑discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.
Appears in 1 contract
Sources: Master Custodian Agreement (VanEck Vectors ETF Trust)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
: 1) Make upon written approval of the Fund, make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided Contract, PROVIDED that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
; 2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
; 3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
and 4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable BoardBoard of Directors of the Fund.
Appears in 1 contract
Sources: Custodian Contract (Franklin Mutual Series Fund Inc)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement, including sub-custodian overdraft charges, capital gain taxes or other items set forth in the fee schedule; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse for collection, in the name of the such Portfolio, checks, drafts and other negotiable instruments; and
4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the such Portfolio except as otherwise directed by the applicable Board.
Appears in 1 contract
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each Portfolio:
1) Make payments to itself or others for minor expenses of handling securities or other financial assets relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets of the Portfolio except as otherwise directed by the applicable Board.
Appears in 1 contract
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund Trust on behalf of each Portfolioapplicable Fund:
1) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; Agreement as provided for in this agreement, provided that all such payments shall be accounted for to the Fund Trust on behalf of the PortfolioFund;
2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse endorse for collection, in the name of the PortfolioFund, checks, drafts and other negotiable instruments; and
4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio Fund except as otherwise directed by the applicable Board.
Appears in 1 contract
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make make reasonable payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided , PROVIDED that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.
Appears in 1 contract
Actions Permitted without Express Authority. The Custodian may in its ------------------------------------------- discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; Contract, provided that all such payments shall be accounted for to -------- the Fund on behalf of the Portfolio;
2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable BoardBoard of Trustees of the Fund.
Appears in 1 contract
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; andand FUNDS TRANSFER ADDENDUM [STATE STREET LOGO]
4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.
Appears in 1 contract
Sources: Custodian Agreement (Williams Capital Management Trust)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; Contract, provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio;; DRAFT -- FOR DISCUSSION PURPOSES ONLY
2) Surrender surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; and
4) In in general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable BoardBoard of Directors of the Fund.
Appears in 1 contract
Sources: Custodian Contract (Legg Mason Light Street Trust Inc)
Actions Permitted without Express Authority. The Custodian may in its discretion, without express authority from the applicable Fund on behalf of each applicable Portfolio:
1) Make payments to itself or others for minor expenses of handling securities or other financial assets similar items relating to its duties under this Agreement; provided that all such payments shall be accounted for to the Fund on behalf of the Portfolio;
2) Surrender securities or other financial assets in temporary form for securities or other financial assets in definitive form;
3) Endorse for collection, in the name of the Portfolio, checks, drafts and other negotiable instruments; andand [STATE STREET LOGO] FUNDS TRANSFER ADDENDUM
4) In general, attend to all non-discretionary details in connection with the sale, exchange, substitution, purchase, transfer and other dealings with the securities and other financial assets property of the Portfolio except as otherwise directed by the applicable Board.
Appears in 1 contract
Sources: Custodian Agreement (Williams Capital Management Trust)