Common use of Board Approval of Foreign Subcustodians Clause in Contracts

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to, and the Custodian has accepted delegation of, review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 7.2.2, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Foreign Assets of the Fund, obtain written confirmation of the approval of the Board of Trustees of the Trust with respect to (a) the identity of a Subcustodian, and (b) the subcustodian agreement which shall govern such appointment, such approval to be signed by an authorized person.

Appears in 2 contracts

Sources: Custodian Agreement (U S Global Investors Inc), Custodian Agreement (U S Global Investors Inc)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to, to and the Custodian has accepted delegation of, of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 7.2.28.2.2, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Foreign Assets Investments of the FundFund outside the United States, obtain written confirmation of the approval of the Board of Trustees Directors of the Trust Fund with respect to (a) the identity of a Subcustodian, and (b) the subcustodian Subcustodian agreement which shall govern such appointment, such approval to be signed by an authorized personAuthorized Person.

Appears in 1 contract

Sources: Custodian Agreement (Heartland Group Inc)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to, and the Custodian has accepted delegation of, review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 7.2.2B, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Foreign Assets Investments of the FundFund outside the United States, obtain written confirmation of the approval of the Board of Trustees or Directors of the Trust Fund with respect to (a) the identity of a Subcustodian, and (b) the subcustodian Subcustodian agreement which shall govern such appointment, such approval to be signed by an authorized personAuthorized Person.

Appears in 1 contract

Sources: Custodian Agreement (Aberdeen Chile Fund, Inc.)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to, to and the Custodian has accepted delegation of, of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 7.2.28.2.2., the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Foreign Assets Investments of the FundFund outside the Untied States, obtain written confirmation of the approval of the Board of Trustees or Directors of the Trust Fund with respect to (a) the identity of a Subcustodian, and (b) the subcustodian Subcustodian agreement which shall govern such appointment, such approval to be signed by an authorized personAuthorized Person.

Appears in 1 contract

Sources: Custodian Agreement (Korea Equity Fund Inc)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board board of directors of the Fund has delegated to, to and the Custodian has accepted delegation of, of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 7.2.2Section 8.2.2 below, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Foreign Assets Investments of a Fund outside the FundUnited States, obtain written confirmation of the approval of the Trusts Board of Trustees of the Trust with respect to (a) the identity of a Subcustodian, and (b) the subcustodian Subcustodian agreement which shall govern such appointment, such approval to be signed by an authorized person.Authorized Person

Appears in 1 contract

Sources: Custodian Agreement (Sei Institutional International Trust)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to, to and the Custodian has accepted delegation of, of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 7.2.2Section 8.2.2 below, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Foreign Assets Investments of a Fund outside the FundUnited States, obtain written confirmation of the approval of the Trust’s Board of Trustees of the Trust with respect to (a) the identity of a Subcustodian, and (b) the subcustodian Subcustodian agreement which shall govern such appointment, such approval to be signed by an authorized personAuthorized Person.

Appears in 1 contract

Sources: Custodian Agreement (Sei Institutional International Trust)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to, to the Custodian and the Custodian has accepted delegation of, of review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 7.2.28.3, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Foreign Assets Investments of a Portfolio outside the FundUnited States, obtain written confirmation of the approval of the Board of Trustees of the Trust with respect to (a) the identity of a Subcustodian, and (b) the subcustodian Subcustodian agreement which shall govern such appointment, such approval to be signed by an authorized person.Authorized

Appears in 1 contract

Sources: Custodian and Transfer Agent Agreement (Northern Lights Fund Trust Ii)

Board Approval of Foreign Subcustodians. Unless and except to the extent that the Board has delegated to, and the Custodian has accepted delegation of, review of certain matters concerning the appointment of Subcustodians pursuant to Subsection 7.2.28.2.2, the Custodian shall, prior to the appointment of any Subcustodian for purposes of holding Foreign Assets Investments of the FundFund outside the United States, obtain written confirmation of the approval of the Board of Trustees Directors or Directors of the Trust Fund with respect to (a) the identity of a Subcustodian, and (b) the subcustodian Subcustodian agreement which shall govern such appointment, such approval to be signed by an authorized personAuthorized Person.

Appears in 1 contract

Sources: Custodian Agreement (DWS Investors Funds, Inc.)