PLANS AND CUSTODIANSHIP Clause Samples

PLANS AND CUSTODIANSHIP. (a) The Sponsor offers two types of periodic payment plans: "Fidelity Systematic Investment Plans: Destiny Plans I, for the Accumulation of Shares of Fidelity Destiny Portfolios: Destiny I" (referred to hereinafter as "Destiny Plans I"); and "Fidelity Systematic Investment Plans: Destiny Plans II, for the Accumulation of Shares of Fidelity Destiny Portfolios: Destiny II" (referred to hereinafter as "Destiny Plans II"; together with Destiny Plans I, the "Plans"). The Plans provide for the purchase of shares of a specified series of the Fund, or of shares of any other open-end management investment company substituted therefor under the terms of the Plans (all such shares and any fractional interests therein are hereinafter referred to as "Fund Shares"
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PLANS AND CUSTODIANSHIP. (a) The Sponsor offers four types of periodic payment plans: "Fidelity Systematic Investment Plans: Destiny Initial Plans I, for the Accumulation of Shares of Fidelity Destiny Portfolios: Destiny I: Initial Class" (referred to hereinafter as "Destiny Initial Plans I"), "Fidelity Systematic Investment Plans: Destiny New Plans I, for the Accumulation of Shares of Fidelity Destiny Portfolios: Destiny I: New Class" (referred to hereinafter as "Destiny New Plans I"), "Fidelity Systematic Investment Plans: Destiny Initial Plans II, for the Accumulation of Shares of Fidelity Destiny Portfolios: Destiny II: Initial Class" (referred to hereinafter as "Destiny Initial Plans II"), and "Fidelity Systematic Investment Plans: Destiny New Plans II, for the Accumulation of Shares of Fidelity Destiny Portfolios: Destiny II: New Class" (referred to hereinafter as "Destiny New Plans II") (collectively, the "Plans"
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PLANS AND CUSTODIANSHIP. (a) The Sponsor offers four types of periodic payment plans: "Fidelity Systematic Investment Plans: Destiny Plans I: Original, for the Accumulation of Shares of Fidelity Destiny Portfolios: Destiny I: Class O" (referred to hereinafter as "Destiny Plans I: Original"), "Fidelity Systematic Investment Plans: Destiny Plans I: New, for the Accumulation of Shares of Fidelity Destiny Portfolios: Destiny I: Class N" (referred to hereinafter as "Destiny Plans I: New"), "Fidelity Systematic Investment Plans: Destiny Plans II: Original, for the Accumulation of Shares of Fidelity Destiny Portfolios: Destiny II: Class O" (referred to hereinafter as "Destiny Plans II: Original"), and "Fidelity Systematic Investment Plans: Destiny Plans II: New, for the Accumulation of Shares of Fidelity Destiny Portfolios: Destiny II: Class N" (referred to hereinafter as "Destiny Plans II: New") (collectively, the "Plans"). The Plans provide for the purchase of shares of a specified series and class of the Fund, or of shares of any other open-end management investment company substituted therefor under the terms of the Plans (all such shares and any fractional interests therein are hereinafter referred to as "Fund Shares"). In the event of a conflict between an applicable Plan Document in effect at the time of establishment of an account in connection with such Plan, the Custodian shall administer the applicable Plan according to this Agreement unless instructed otherwise by the Sponsor. Plans may, but need not, be issued in certificate form. Plans that have been issued in certificate form (a "Certificate") under a Predecessor Custodian Agreement or a Security Agreement, respectively, are substantially in one of the forms attached hereto at Exhibit A and Exhibit B. If a Certificate has been issued in connection with a Plan, then such Plan shall be governed by the terms and conditions set forth in the Certificate. In addition, each Plan, including Plans issued in Certificate form and Plans not issued in Certificate form, shall be governed by the terms and conditions set forth in the prospectus for such Plan as in effect at the time such Plan was issued ("Prospectus"). The terms and conditions set forth in the respective Certificates and Prospectuses (together, the "Plan Documents") are incorporated herein and made a part of this Agreement. Each Plan shall be administered under this Agreement in accordance with applicable Plan Documents in effect at the time of the establishment of an acc...
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Related to PLANS AND CUSTODIANSHIP

  • SPECIAL SUB-CUSTODIANS Upon receipt of Special Instructions (as such term is defined in Section 8 hereof), the Custodian shall, on behalf of one or more Portfolios, appoint one or more banks, trust companies or other entities designated in such Special Instructions to act as a sub-custodian for the purposes of effecting such transaction(s) as may be designated by a Fund in Special Instructions. Each such designated sub-custodian is referred to herein as a “

  • Special Subcustodians Upon receipt of Special Instructions, the Custodian shall, on behalf of a Fund, appoint one or more banks, trust companies or other entities designated in such Special Instructions to act for the Custodian on behalf of such Fund as a subcustodian for purposes of: (i) effecting third-party repurchase transactions with banks, brokers, dealers or other entities through the use of a common custodian or subcustodian; (ii) providing depository and clearing agency services with respect to certain variable rate demand note Securities, (iii) providing depository and clearing agency services with respect to dollar denominated Securities; and (iv) effecting any other transactions designated by such Fund in such Special Instructions. Each such designated subcustodian (hereinafter referred to as a "Special Subcustodian") shall be listed on Appendix A attached hereto, as it may be amended from time to time. In connection with the appointment of any Special Subcustodian, the Custodian may enter into a subcustodian agreement with the Special Subcustodian.

  • Administration of Equipment 17 6.4.1 Records and Schedules of Equipment........................17 6.4.2 Dispositions of Equipment.................................18 6.4.3 Condition of Equipment....................................18 6.5

  • FUND ASSETS HELD IN THE CUSTODIAN'S DIRECT PAPER SYSTEM The Custodian may deposit and/or maintain securities owned by a Portfolio in the Direct Paper System of the Custodian subject to the following provisions: 1) No transaction relating to securities in the Direct Paper System will be effected in the absence of Proper Instructions from the Fund on behalf of the Portfolio; 2) The Custodian may keep securities of the Portfolio in the Direct Paper System only if such securities are represented in the Direct Paper System Account, which account shall not include any assets of the Custodian other than assets held as a fiduciary, custodian or otherwise for customers; 3) The records of the Custodian with respect to securities of the Portfolio which are maintained in the Direct Paper System shall identify by book-entry those securities belonging to the Portfolio; 4) The Custodian shall pay for securities purchased for the account of the Portfolio upon the making of an entry on the records of the Custodian to reflect such payment and transfer of securities to the account of the Portfolio. The Custodian shall transfer securities sold for the account of the Portfolio upon the making of an entry on the records of the Custodian to reflect such transfer and receipt of payment for the account of the Portfolio; 5) The Custodian shall furnish the Fund on behalf of the Portfolio confirmation of each transfer to or from the account of the Portfolio, in the form of a written advice or notice, of Direct Paper on the next business day following such transfer and shall furnish to the Fund on behalf of the Portfolio copies of daily transaction sheets reflecting each day's transaction in the Direct Paper System for the account of the Portfolio; 6) The Custodian shall provide the Fund on behalf of the Portfolio with any report on its system of internal accounting control as the Fund may reasonably request from time to time.

  • 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.