Common use of Limitation to Delegated Selection Clause in Contracts

Limitation to Delegated Selection. Notwithstanding anything in this Agreement to the contrary, the duties under this Section 3 shall not apply to Eligible Foreign Custodians that the Delegate is directed to use pursuant to Section 7.

Appears in 2 contracts

Sources: Foreign Custody Manager Delegation Agreement (Profunds), Foreign Custody Manager Delegation Agreement (Lend Lease Funds)

Limitation to Delegated Selection. Notwithstanding anything in this Agreement to the contrary, the duties under this Section 3 2 shall apply only to Eligible Foreign Custodians selected by the Delegate and shall not apply to any Eligible Foreign Custodians Custodian that the Delegate is directed to use pursuant to Section 7.

Appears in 1 contract

Sources: Custodian Agreement (Schwab Capital Trust)