Common use of Appropriate Action Clause in Contracts

Appropriate Action. The Custodian is hereby authorized and empowered, in its sole discretion, to take any action with respect to an Account that it deems necessary or appropriate in carrying out the purposes of this Agreement.

Appears in 130 contracts

Sources: Custody Agreement (Oaktree Specialty Lending Corp), Custody Agreement (Oaktree Strategic Credit Fund), Custody Agreement (Oaktree Strategic Credit Fund)

Appropriate Action. The Custodian is hereby authorized and empowered, in its sole good faith, reasonable discretion, to take any action with respect to an Account that it deems is necessary or appropriate in carrying out the purposes of this Agreement.

Appears in 11 contracts

Sources: Custody Agreement (Highland Funds Ii), Custody Agreement (Highland Funds I), Custody Agreement (NexPoint Strategic Opportunities Fund)

Appropriate Action. The Custodian is hereby authorized and empowered, in its sole discretion, to take any action with respect to an Account that it deems reasonably necessary or appropriate in carrying out the purposes of this Agreement.

Appears in 10 contracts

Sources: Custody Agreement (AMG Pantheon Infrastructure Fund, LLC), Custody Agreement (AMG Pantheon Credit Solutions Fund), Custody Agreement (AMG Funds II)

Appropriate Action. The Custodian is hereby authorized authorised and empowered, in its sole discretion, to take any action with respect to an Account that it deems necessary or appropriate in carrying out the purposes of this Agreement.

Appears in 5 contracts

Sources: Custody Agreement, Custody Agreement, Custody Agreement

Appropriate Action. The Custodian is hereby authorized and empowered, in its sole discretion, empowered to take any action with respect to an Account that it deems necessary or appropriate to perform its obligations specifically set forth in carrying out the purposes of this Agreement.

Appears in 1 contract

Sources: Custody Agreement (Destra International & Event-Driven Credit Fund)

Appropriate Action. The Custodian is hereby authorized and empowered, in its sole discretion, to take any reasonable action with respect to an Account that it deems necessary or appropriate in carrying out the purposes of this Agreement.

Appears in 1 contract

Sources: Custody Agreement (Great-West Funds Inc)

Appropriate Action. The Custodian is hereby authorized and empowered, in its sole discretion, to take any commercially reasonable action with respect to an Account that it reasonably deems necessary or appropriate in carrying out the purposes of this Agreement.

Appears in 1 contract

Sources: Custody Agreement (Oneamerica Funds Inc)

Appropriate Action. The Custodian is hereby authorized and empowered, in its sole discretion, to take any action with respect to an Account that it deems necessary or appropriate to perform its obligations specifically set forth in carrying out the purposes of this Agreement.

Appears in 1 contract

Sources: Custody Agreement (BlackRock Funds IV)