Option Transactions. Only upon receipt of Proper Instructions, the Sub-Custodian shall enter into option transactions in accordance with the provisions of any agreement among the Fund, the Custodian, and/or the Sub-Custodian and a broker-dealer.
Appears in 10 contracts
Sources: Custodian Agreement (Putnam Classic Equity Fund), Custodian Agreement (Putnam Overseas Growth Fund), Custodian Agreement (Putnam Tax Managed Funds Trust)