Common use of Delegation of Responsibilities Clause in Contracts

Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee in which the delegatee will, among other things: (a) agree to provide the services delegated to it in accordance with a written schedule of Performance Standards developed by Transfer Agent; and (b) represent and warrant that it is duly registered as required under all federal and state securities laws. In any such circumstance, the Transfer Agent will be responsible for the services of the delegate, as if the Transfer Agent were performing the services itself. The Transfer Agent may not delegate any services to ▇▇▇▇▇ ▇▇▇▇▇▇ Fund Management LLC, Salomon Brothers Asset Management, Inc., Citicorp Trust Bank, Citigroup Inc., Citigroup Global Markets Holdings or any of their affiliates or entities under common control with the aforementioned entities without prior written authorization from the Board of the Fund.

Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee in which the delegatee delegates will, among other things: (a) agree to provide the services delegated to it in accordance with a written schedule of Performance Standards developed by Transfer Agent; and (b) represent and warrant that it is duly registered as required under all federal and state securities laws. In any such circumstance, the Transfer Agent will be responsible for the services of the delegate, as if the Transfer Agent were performing the services itself. The Transfer Agent may not delegate any services to ▇▇▇▇▇ ▇▇▇▇▇▇ Fund Management LLC, Salomon Brothers Asset Management, Inc., Citicorp Trust Bank, Citigroup Inc., Citigroup Global Markets Holdings or any of their affiliates or entities under common control with the aforementioned entities without prior written authorization from the Board of the Fund.

Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee in which the delegatee will, among other things: (a) agree to provide the services delegated to it in accordance with a written schedule of Performance Standards developed by Transfer Agent; and (b) represent and warrant that it is duly registered as required under all federal and state securities laws. In any such circumstance, the Transfer Agent will be responsible for the services of the delegate, as if the Transfer Agent were performing the services itself. The Transfer Agent may not delegate any services to Smith Barney Fund Mana▇▇▇▇▇▇ ▇▇▇▇▇▇ Fund Management LLC, Salomon Brothers Asset Management, Inc., Citicorp Trust Bank, Citigroup Inc., Citigroup Global Markets Holdings or any of their affiliates or entities under common control with the aforementioned entities without prior written authorization from the Board of the Fund.

Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee in which the delegatee will, among other things: (a) agree to provide the services delegated to it in accordance with a written schedule of Performance Standards developed by Transfer Agent; and (b) represent and warrant that it is duly registered as required under all federal and state securities laws. In any such circumstance, the Transfer Agent will be responsible for the services of the delegate, as if the Transfer Agent were performing the services itself. The Transfer Agent may not delegate any services to ▇S▇▇▇▇ ▇▇▇▇▇▇ Fund Management LLC, Salomon Brothers Asset Management, Inc., Citicorp Trust Bank, Citigroup Inc., Citigroup Global Markets Holdings or any of their affiliates or entities under common control with the aforementioned entities without prior written authorization from the Board of the Fund.

Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee in which the delegatee will, among other things: (a) agree to provide the services delegated to it in accordance with a written schedule of Performance Standards developed by Transfer Agent; and (b) represent and warrant that it is duly registered as required under all federal and state securities laws. In any such circumstance, the Transfer Agent will be responsible for the services of the delegate, as if the Transfer Agent were performing the services itself. The Transfer Agent may not delegate any services to ▇▇▇▇▇ ▇▇▇▇▇▇ Smith Barney Fund Management LLC, Salomon Brothers Asset Management, Inc.▇▇▇., Citicorp ▇▇▇igroup Trust Bank, Citigroup Inc., Citigroup Global Markets Holdings or any of their affiliates or entities under common control with the aforementioned entities without prior written authorization from the Board of the Fund.

Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee delegates in which the delegatee delegates will, among other things: (a) agree to provide the services delegated to it in accordance with a written schedule of Performance Standards developed by Transfer Agent; and (b) represent and warrant that it is duly registered as required under all al! federal and state securities laws. In any such circumstance, the Transfer Agent will be responsible for the services of the delegate, as if the Transfer Agent were performing the services itself. The Transfer Agent may not delegate any services to ▇▇▇▇▇ ▇▇▇▇▇▇ Fund Management LLC, Salomon Brothers Asset Management, Inc., Citicorp Trust Bank, . Citigroup Inc., Citigroup Global Markets Holdings or any of their affiliates or entities under common control with the aforementioned entities without prior written authorization from the Board of the Fund.

Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee in which the delegatee will, among other things: (a) agree to provide the services delegated to it in accordance with a written schedule of Performance Standards developed by Transfer Agent; and (b) represent and warrant that it is duly registered as required under all federal and state securities laws. In any such circumstance, the Transfer Agent will be responsible for the services of the delegate, as if the Transfer Agent were performing the services itself. The Transfer Agent may not delegate any services to ▇▇▇▇▇ ▇▇▇▇▇▇ Smith Barney Fund Management LLC, Salomon Brothers Asset Management, Inc.▇▇▇., Citicorp ▇▇ticorp Trust Bank, Citigroup Inc., Citigroup Global Markets Holdings or any of their affiliates or entities under common control with the aforementioned entities without prior written authorization from the Board of the Fund.

Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee in which the delegatee will, among other things: (a) agree to provide the services delegated to it in accordance with a written schedule of Performance Standards developed by Transfer Agent; and (b) represent and warrant that it is duly registered as required under all federal and state securities laws. In any such circumstance, the Transfer Agent will be responsible for the services of the delegate, as if the Transfer Agent were performing the services itself. The Transfer Agent may not delegate any services to ▇▇▇▇▇ ▇▇▇▇▇▇ Smith Barney Fund Management LLC, Salomon Brothers Asset Management, Inc.▇▇▇., Citicorp ▇▇▇icorp Trust Bank, Citigroup Inc., Citigroup Global Markets Holdings or any of their affiliates or entities under common control with the aforementioned entities without prior written authorization from the Board of the Fund.

Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee in which the delegatee will, among other things: (a) agree to provide the services delegated to it in accordance with a written schedule of Performance Standards developed by Transfer Agent; and (b) represent and warrant that it is duly registered as required under all federal and state securities laws. In any such circumstance, the Transfer Agent will be responsible for the services of the delegate, as if the Transfer Agent were performing the services itself. The Transfer Agent may not delegate any services to ▇▇▇▇▇ ▇▇▇▇▇▇ Smith Barney Fund Management LLC, Salomon Brothers Asset Management, Inc., Citicorp ▇▇▇▇▇▇▇▇ Trust Bank, Citigroup Inc., Citigroup Global Markets Holdings or any of their affiliates or entities under common control with the aforementioned entities without prior written authorization from the Board of the Fund.