SECURITY CUSTODY Sample Clauses

SECURITY CUSTODY. A. Domestic Custody Asset-Based Fee on a total relationship basis: .25/100 of 1% (.25 basis point) on the first $16.0 billion in assets No asset charge on all assets in excess of $16.0 billion Transaction Fee, per transaction: Basket Trades (Manual) - $10.00 per input security transaction Basket Trades (Automated) - $9.00 per input security transaction Physical Delivery - $18.00 Book Entry - $10.00 DTC, PTC, FBE, BEMUNI, TIME DEP, FBE REPO, TRI PARTY REPO Mortgage Backed Securities Principal & Income Paydown - $9.00 Repo - $50.00 per Fund, Per Month Federal Funds Wire Received or Delivered - $6.00 per wire B. Foreign Securities See Appendix I for Global Fee Agreement. C. Balance Credits IFTC will offset fees with balance credits calculated at 75% of the bank credit rate (see below) applied to average custody collected cash balances for the month. Balance credits can be used to offset fees. Any credits in excess of fees will be carried forward from month to month through the end of the calendar year. For calculation purposes, IFTC uses an actual/actual basis.
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SECURITY CUSTODY. A. Domestic Securities Asset Based Fee on a total relationship basis: 2/100 of 1% (2 basis points) on the first $500 million in assets 1/100 of 1% (1 basis point) on the next $500 million in assets .5/100 of 1% (.5 basis point) on all assets in excess of $1 billion in assets Transaction Fee, per transaction: Physical Settlements - $20.00 DTC or Fed Book Entry - $8.00 Participant Trust Company (PTC) Eligible - $10.00 PTC Asset-backed Security Paydown - $10.00 Other Asset-backed Security Paydown - $10.00 Federal Funds Wire Received or Delivered - $6.00 (applied to all services)
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SECURITY CUSTODY. A. Domestic Custody B. Foreign Custody C. Balance Credits
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SECURITY CUSTODY. A. Domestic Custody Asset-Based Fee: .50/100 of 1% (.50 basis points) on all assets. PIMCO FLOATING RATE INCOME FUND Fee Schedule (cont.) Transaction Fee, per transaction: DTC or FED book entry - $8.00 Domestic Physical and Cedel Settlements - $18.00 * Mortgage Backed Securities Principal & Income Paydown - $10.00 Repo - $50.00 per Fund, Per Month Federal Funds Wire Received or Delivered - $7.00 per wire *Includes futures, options and Eurodollar CD settlements. B. Foreign Securities See Appendix I for Global Fee Agreement. C. Balance Credits State Street will offset fees with balance credits calculated at 75% of the bank credit rate (see below) applied to average custody collected cash balances for the month. Balance credits can be used to offset fees. Any credits in excess of fees will be carried forward from month to month through the end of the calendar year. For calculation purposes, State Street uses an actual/actual basis.
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SECURITY CUSTODY. A. Domestic Securities ------------------- Asset-Based Fee on a total relationship basis: 0.5/100 of 1% (0.5 basis point) on all assets B. Transaction Fee, per transaction: --------------------------------- Physical Settlements - $20.00 DTC or Fed Book Entry - $8.00 Participant Trust Company (PTC) Eligible - $10.00 PTC Asset-backed Security Paydown - $10.00 Other Asset-backed Security Paydown - $10.00 Federal Funds Wire Received or Delivered - $5.50 C. Foreign Securities ------------------ See appendix I for Global Agreement. D. Balance Credits --------------- IFTC will offset fees with balance credits calculated at 75% of the 90 day T-▇▇▇▇ rate in effect the last business day of each month will be applied to the average custody collected cash balances for the month. Balance credits can be used to offset fees. Any credits in excess of fees will be carried forward from month to month through the end of the calendar year. Any excess credit remaining at year-end will not be carried forward. For calculation purposes, IFTC uses an actual/actual basis.
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SECURITY CUSTODY. A. Domestic Custody Asset-Based Fee: .50/100 of 1% (.50 basis points) on all assets. Transaction Fee, per transaction: DTC or FED book entry - $8.00 Domestic Physical and Cedel Settlements - $18.00 * Mortgage Backed Securities Principal & Income Paydown - $10.00 Repo - $50.00 per Fund, Per Month Federal Funds Wire Received or Delivered - $7.00 per wire includes futures, options and Eurodollar CD settlements. B. Foreign Securities See Appendix I for Global Fee Agreement. C. Balance Credits State Street will offset fees with balance credits calculated at 75% of the bank credit rate (see below) applied to average custody collected cash balances for the month. Balance credits can be used to offset fees. Any credits in excess of fees will be carried forward from month to month through the end of the calendar year. For calculation purposes, State Street uses an actual/actual basis. Note: The bank credit rate is the equivalent to the lesser of: - The average 91-day Treasury ▇▇▇▇ discount rate for the month or - The average Federal Funds rate for the month less 50 basis points. D. Multi Class Fees $500 (not included in minimum monthly fee discussed in I.A.). E. Monthly SEC Calculation Fee Per Portfolio $500 (not included in minimum monthly fee discussed in I.A.).
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SECURITY CUSTODY. A. Domestic Custody ---------------- Asset-Based Fee on a total relationship basis: 1/100 of 1% (1 basis point) on the first $750 million in assets .5/100 of 1% (.5 basis points) on all assets in excess of $750 million Transaction Fee, per transaction: Basket Trades (Manual) - $12.50 per input security transaction Basket Trades (Automated) - $10.00 per input security transaction Physical Delivery - $22.00 Book Entry - $12.00 Mortgage Backed Securities Principal & Income Paydown - $10.00 Repo - $50.00 per Fund, Per Month Federal Funds Wire Received or Delivered - $7.00 per wire B. Foreign Securities ------------------ See Appendix I for Global Fee Agreement. Pacific Mutual Life Insurance Fee Schedule (cont.) C. Balance Credits --------------- IFTC will offset fees with balance credits calculated at 75% of the bank credit rate (see below) applied to average custody collected cash balances for the month. Balance credits can be used to offset fees. Any credits in excess of fees will be carried forward from month to month through the end of the calendar year. For calculation purposes, IFTC uses an actual/actual basis.
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Related to SECURITY CUSTODY

  • Safekeeping The Servicer (or its Affiliates, but only in accordance with the second following sentence) shall hold the Receivable Files for the benefit of the Issuing Entity and the Indenture Trustee and maintain such accurate and complete accounts, records and computer systems pertaining to each Receivable File as shall enable the Issuing Entity to comply with this Agreement. In performing its duties as custodian, the Servicer shall act with reasonable care, using that degree of skill and attention that the Servicer exercises with respect to the receivable files relating to all comparable equipment receivables that the Servicer services for its Affiliates or others. The Servicer, in its capacity as custodian, may at any time delegate its duties as custodian to any Affiliate of the Servicer; provided, that no such delegation shall relieve the Servicer of its responsibility with respect to such duties and the Servicer shall remain obligated and liable to the Issuing Entity, the Depositor and the Indenture Trustee for its duties hereunder as if the Servicer alone were performing such duties. The Servicer shall conduct, or cause to be conducted, periodic audits of the Receivable Files and the related accounts, records and computer systems, in such a manner as shall enable the Issuing Entity or the Indenture Trustee to verify the accuracy of the Servicer’s record keeping. The Servicer shall promptly report to the Issuing Entity and the Indenture Trustee any material failure on its part, or its Affiliate’s part, to hold the Receivable Files and maintain its accounts, records and computer systems as herein provided and promptly take appropriate action to remedy any such failure. Nothing herein shall be deemed to require an initial review or any periodic review by the Issuing Entity, the Trustee or the Indenture Trustee of the Receivable Files.

  • Responsibility of Custodian So long as and to the extent that it is in the exercise of reasonable care, the Custodian shall not be responsible for the title, validity or genuineness of any property or evidence of title thereto received by it or delivered by it pursuant to this Contract and shall be held harmless in acting upon any notice, request, consent, certificate or other instrument reasonably believed by it to be genuine and to be signed by the proper party or parties, including any futures commission merchant acting pursuant to the terms of a three-party futures or options agreement. The Custodian shall be held to the exercise of reasonable care in carrying out the provisions of this Contract, but shall be kept indemnified by and shall be without liability to the Fund for any action taken or omitted by it in good faith without negligence. It shall be entitled to rely on and may act upon written advice of counsel (who may be counsel for the Fund) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. Except as may arise from the Custodian’s own negligence or willful misconduct or the negligence or willful misconduct of a sub-custodian or agent, the Custodian shall be without liability to the Fund for any loss, liability, claim or expense resulting from or caused by; (i) events or circumstances beyond the reasonable control of the Custodian or any sub-custodian or U.S. or Foreign Securities System or any agent or nominee of any of the foregoing, including, without limitation, nationalization or expropriation, imposition of currency controls or restrictions, the interruption, suspension or restriction of trading on or the closure of any securities market, power or other mechanical or technological failures or interruptions, computer viruses or communications disruptions, acts of war or terrorism, riots, revolutions, work stoppages, natural disasters or other similar events or acts; (ii) errors by the Fund or the Investment Adviser in their instructions to the Custodian provided such instructions have been in accordance with this Contract; (iii) the insolvency of or acts or omissions by a U.S. or Foreign Securities System; (iv) any delay or failure of any broker, agent or intermediary, central bank or other commercially prevalent payment or clearing system to deliver to the Custodian’s sub-custodian or agent securities purchased or in the remittance or payment made in connection with securities sold; (v) any delay or failure of any company, corporation, or other body in charge of registering or transferring securities in the name of the Custodian, the Fund, the Custodian’s sub-custodians, nominees or agents or any consequential losses arising out of such delay or failure to transfer such securities including non-receipt of bonus, dividends and rights and other accretions or benefits; (vi) delays or inability to perform its duties due to any disorder in market infrastructure with respect to any particular security or U.S. or Foreign Securities System; and (vii) any provision of any present or future law or regulation or order of the United States, or any state thereof, or any other country, or political subdivision thereof or of any court of competent jurisdiction. The Custodian shall be liable for the acts or omissions of a foreign banking institution to the same extent as set forth with respect to sub-custodians generally in this Contract. If the Fund requires the Custodian to take any action with respect to securities, which action involves the payment of money or which action may, in the opinion of the Custodian, result in the Custodian or its nominee assigned to the Fund being liable for the payment of money or incurring liability of some other form, the Fund, as a prerequisite to requiring the Custodian to take such action, shall provide indemnity to the Custodian in an amount and form satisfactory to it. If the Fund requires the Custodian, its affiliates, subsidiaries or agents, to advance cash or securities for any purpose (including but not limited to securities settlements, foreign exchange contracts and assumed settlement) or in the event that the Custodian or its nominee shall incur or be assessed any taxes, charges, expenses, assessments, claims or liabilities in connection with the performance of this Contract, except such as may arise from its or its nominee’s own negligent action, negligent failure to act or willful misconduct, any property at any time held for the account of the applicable Fund shall be security therefor and should the Fund fail to repay the Custodian promptly, the Custodian shall be entitled to utilize available cash and to dispose of such Fund’s assets to the extent necessary to obtain reimbursement. In no event shall either party be liable to the other for indirect, special or consequential damages.

  • Liability of Custodian The Custodian shall be liable for the acts or omissions of a Foreign Sub-Custodian to the same extent as set forth with respect to sub-custodians generally in this Agreement and, regardless of whether assets are maintained in the custody of a Foreign Sub-Custodian or a Foreign Securities System, the Custodian shall not be liable for any loss, damage, cost, expense, liability or claim resulting from nationalization, expropriation, currency restrictions, or acts of war or terrorism, or any other loss where the Sub-Custodian has otherwise acted with reasonable care.

  • Actions by Custodian Upon receipt of Proper Instructions, the Custodian shall execute and deliver to each applicable Fund or to such other parties as such Fund(s) may designate in such Proper Instructions, all such documents, instruments or agreements as may be reasonable and necessary or desirable in order to effectuate any of the transactions contemplated hereby.

  • Custody Nothing in this Agreement shall permit the Adviser to take or receive physical possession of cash, securities or other investments of a Fund.