Common use of TRANSACTIONS BY STATE STREET Clause in Contracts

TRANSACTIONS BY STATE STREET. The Custodian or its affiliates, including SSGM, may trade based upon information that is not available to Party A or the Account (or its Investment Advisor acting on its behalf), and may enter into transactions for its own account or the account of clients in the same or opposite direction to the transactions entered into with Party A or the Account (or its Investment Manager), and shall have no obligation, under this Agreement, to share such information with or consider the interests of their respective counterparties, including, where applicable, Party A or the Account or the Investment Advisor.

Appears in 2 contracts

Sources: Master Custodian Agreement (Elfun Income Fund), Master Custodian Agreement (Ge Institutional Funds)