Common use of Use of Book-Entry System Clause in Contracts

Use of Book-Entry System. SEI Trust is authorized and instructed, on a continuous basis, to deposit in the Book-Entry System all securities belonging to the Fund eligible for deposit therein and to utilize the Book-Entry System to the extent possible in connection with settlements of purchases and sales of securities by the Fund, and deliveries and returns of securities loaned, subject to repurchase agreements or used as collateral in connection with borrowings. SEI Trust shall continue to perform such duties until it receives Written Instructions or Oral Instructions authorizing contrary actions. SEI Trust shall administer the Book-Entry System as follows: (a) With respect to securities of the Fund which are maintained in the Book-Entry System, the records of SEI Trust shall identify by Book-Entry or otherwise those securities belonging to the Fund. (b) Assets of the Fund deposited in the Book-Entry System will at all times be segregated from any assets and cash controlled by SEI Trust in other than a fiduciary or custodian capacity but may be commingled with other assets held in such capacities. SEI Trust will provide the Fund with such reports on its own system of internal control as the Fund may reasonably request from time to time.

Use of Book-Entry System. SEI Trust is authorized and instructed, on a continuous basis, to deposit in the Bookbook-Entry System entry system all securities belonging to the Fund eligible for deposit therein and to utilize the Bookbook-Entry System entry system to the extent possible in connection with settlements of purchases and sales of securities by the Fund, and deliveries and returns of securities loaned, subject to repurchase agreements or used as collateral in connection with borrowings. SEI Trust shall continue to perform such duties until it receives Written Instructions or Oral Instructions authorizing contrary actions. SEI Trust shall administer the Bookbook-Entry System entry system as follows: (a) With respect to securities of the Fund which are maintained in the Bookbook-Entry Systementry system, the records of SEI Trust shall identify by Bookbook-Entry entry or otherwise those securities belonging to the Fund. (b) Assets of the Fund deposited in the Bookbook-Entry System entry system will at all times be segregated from any assets and cash controlled by SEI Trust in other than a fiduciary or custodian capacity but may be commingled with other assets held in such capacities. SEI Trust will provide the Fund with such reports on its own system of internal control as the Fund may reasonably request from time to time.

Use of Book-Entry System. SEI Trust is authorized and instructed, on a continuous basis, to deposit in the Book-Entry System all securities belonging to the Fund eligible for deposit therein and to utilize the Book-Entry System to the extent possible in connection with settlements of purchases and sales of securities by the Fund, and deliveries and returns of securities loaned, subject to repurchase agreements or used as collateral in connection with borrowings. SEI Trust shall continue to perform such duties until it receives Written Instructions or Oral Instructions authorizing contrary actions. SEI Trust shall administer the Book-Entry System as follows: (a) With respect to securities of the Fund which are maintained in the Book-Entry System, the records of SEI Trust shall identify by Book-Entry or otherwise those securities belonging to the Fund. (b) Assets of the Fund deposited in the Book-Entry System will at all times be segregated from any assets and cash controlled by SEI Trust in other than a fiduciary or custodian capacity but may be commingled with other assets held in such capacities. SEI Trust will provide the Fund with such reports on its own system of internal control as the Fund may reasonably request from time to time.

Use of Book-Entry System. SEI Trust is authorized and instructed, on a continuous basis, to deposit in the Book-Entry System all securities belonging to the Fund eligible for deposit therein and to utilize the Book-Entry System to the extent possible in connection with settlements of purchases and sales of securities Securities by the Fund, and deliveries and returns of securities loaned, subject to repurchase agreements or used as collateral in connection with borrowings. SEI Trust shall continue to perform such duties until it receives Written Instructions or Oral Instructions authorizing contrary actions. SEI Trust shall administer the Book-Entry System as follows: (a) With respect to securities of the Fund which are maintained in the Book-Entry System, the records of SEI Trust shall identify by Book-Entry or otherwise those securities belonging to the Fund. (b) Assets of the Fund deposited in the Book-Entry System will at all times be segregated from any assets and cash controlled control led by SEI Trust in other than a fiduciary or custodian capacity but may be commingled with other assets held in such capacities. SEI Trust will provide the Fund with such reports on its own system of internal control as the Fund may reasonably request from time to time.

Use of Book-Entry System. SEI Trust is authorized and instructed, on of a continuous basis, to deposit in the Book-Entry System all securities belonging to the Fund eligible for deposit therein and to utilize the Book-Entry System to the extent possible in connection with settlements of purchases and sales of securities by the Fund, and deliveries and returns of securities loaned, subject to repurchase agreements or used as collateral in connection with borrowings. SEI Trust shall continue to perform such duties until it receives Written Instructions or Oral Instructions authorizing contrary actions. SEI Trust shall administer the Book-Entry System as follows: (a) With respect to securities of the Fund which are maintained in the Book-Entry System, the records of SEI Trust shall identify by Book-Entry or otherwise those securities belonging to the Fund. (b) Assets of the Fund deposited in the Book-Entry System will at all times be segregated from any assets and cash controlled by SEI Trust in other than a fiduciary or custodian capacity but may be commingled with other assets held in such capacities. SEI Trust will provide the Fund with such reports on its own system of internal control as the Fund may reasonably request from time to time.

Use of Book-Entry System. SEI Trust is authorized and instructed, on a continuous basis, to deposit in the Book-Entry System all securities belonging to the such Fund eligible for deposit therein and to utilize the Book-Entry System to the extent possible in connection with settlements of purchases and sales of securities by the such Fund, and deliveries and returns of securities loaned, subject to repurchase agreements or used as collateral in connection with borrowings. SEI Trust shall continue to perform such duties until it receives Written Instructions or Oral Instructions authorizing contrary actions. SEI Trust shall administer the Book-Entry System as follows: (a) With respect to securities of the such Fund which are maintained in the Book-Entry System, the records of SEI Trust shall identify by Book-Book- Entry or otherwise those securities belonging to the such Fund. (b) Assets of the such Fund deposited in the Book-Entry System will at all times be segregated from any assets and cash controlled by SEI Trust in other than a fiduciary or custodian capacity but may be commingled with other assets held in such capacities. SEI Trust will provide the such Fund with such reports on its own system of internal control as the such Fund may reasonably request from time to time.