Delegation of Board Review of Subcustodians. The Fund, by resolution adopted by its Board, hereby delegates to the Custodian, subject to Section (b) of Rule 17f-5, the responsibilities set forth in the attached 17f-5 Delegation Schedule to this Agreement with respect to Investments of the Fund held outside of the United States, and the Custodian hereby accepts such delegation with respect to the Fund.
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Sources: Custodian Agreement (Alger Institutional Funds), Custodian Agreement (Alger China-Us Growth Fund)
Delegation of Board Review of Subcustodians. The Fund, by resolution adopted by its Board, hereby delegates to the Custodian, subject to Section (b) of Rule 17f-5l7f-5, the responsibilities set forth in the attached 17f-5 l7f-5 Delegation Schedule to this Agreement with respect to Investments of the Fund held outside of the United States, and the Custodian hereby accepts such delegation with respect to the Fund.
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