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Common use of Safekeeping of Assets Clause in Contracts

Safekeeping of Assets. The Custodian will receive and keep safely the assets of the Fund delivered to it. The Custodian will not deliver any of the assets received from the Fund to any person except as permitted by the terms of this Agreement.

Appears in 4 contracts

Sources: Custodian Agreement (State Farm Balanced Fund Inc), Custodian Agreement (State Farm Growth Fund Inc), Custodian Agreement (State Farm Municipal Bond Fund Inc)

Related Clauses

  • Custody of Assets
  • Safekeeping of Fund Assets
  • Location of Assets
  • Dispositions of Assets
  • Preservation of Assets

Parent Clauses

  • Administration of the Trust
  • Duties of the Custodian
  • The General Partner
  • Written Resolution
  • No Issue of Units as Compensation

Sub-Clauses

  • Return of Underlying Instruments Prior to the Payoff Date
  • Cash Invested as Eligible Investments
  • Obligations with respect to Assets and Required Loan Documents on and after the Payoff Date
  • Obligations with respect to Assets and Required Loan Documents Prior to the Payoff Date
  • Release of Documents Prior to the Payoff Date
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