Common use of Securities Pledged or Loaned Clause in Contracts

Securities Pledged or Loaned. If specifically allowed for in the prospectus of the applicable Fund, and subject to such additional terms and conditions as Custodian may require: 1. Upon receipt of instructions, Custodian will release or cause to be released securities held in custody to the pledgee designated in such instructions by way of pledge or

Appears in 4 contracts

Sources: Custody and Investment Accounting Agreement (Bull & Bear Global Income Fund Inc/), Custody and Investment Accounting Agreement (Bull & Bear Municipal Income Fund Inc), Custody and Investment Accounting Agreement (Bull & Bear U S Government Securities Fund Inc)

Securities Pledged or Loaned. If specifically allowed for in the prospectus of the applicable Fund, and subject to such additional terms and conditions as Custodian may require: : 1. Upon receipt of instructions, Custodian will release or cause to be released securities held in custody to the pledgee designated in such instructions by way of pledge orsuch

Appears in 1 contract

Sources: Custody Agreement (Back Bay Funds Inc)