Common use of Foreign Subcustodians and Interim Subcustodians Clause in Contracts

Foreign Subcustodians and Interim Subcustodians. (a) (1) Delegation of Directors/Trustees Review of Subcustodians. From time to time, the Custodian may agree to perform certain reviews of Subcustodians and of Subcustodian Contracts as delegate of the Fund's Directors/Trustees. In such event, the Custodian's duties and obligations with respect to this delegated review will be performed in accordance with the terms of the attached 17f-5 Delegation Schedule to this Agreement.

Appears in 2 contracts

Sources: Custodian Agreement (Scudder Target Equity Fund), Custodian Agreement (Scudder International Research Fund Inc)

Foreign Subcustodians and Interim Subcustodians. (a) (1) Delegation of Directors/Trustees Review of Subcustodians. From time to time, the Custodian may agree to perform certain reviews of Subcustodians and of Subcustodian Contracts as delegate of the Fund's Directors/Trustees. In such event, the Custodian's duties and obligations with respect to this delegated review will be performed in accordance with the terms of the attached 17f-5 Delegation Schedule to this Agreement.

Appears in 1 contract

Sources: Custodian Agreement (Scudder New Europe Fund Inc /New/)