Common use of Scope of Delegation Clause in Contracts

Scope of Delegation. The authority delegated by this Agreement in connection with Rule 17f-5 applies only with respect to the Fund's Assets held in the jurisdictions listed in Global Custody Network Listing. The Delegate may add a jurisdiction to Global Custody Network Listing by providing notice of such additional jurisdiction to the Fund. The Fund may withdraw its delegation to Delegate with respect to any jurisdiction upon written notice to Delegate. Delegate may withdraw its acceptance of delegation with respect to any jurisdiction upon written notice to the Fund. In either event, Exhibit A shall be amended to reflect the withdrawal of delegation or acceptance, as the case may be. Thirty calendar days (or, if such time period is less than reasonably practicable, such longer period as to which the parties agree in such event) after receipt of any such notice by the party other than the party giving notice, Delegate shall have no further responsibility or authority under this Delegation Agreement with respect to the jurisdiction(s) as to which delegation or acceptance is withdrawn.