Common use of The Custodian Clause in Contracts

The Custodian. The Fund and the Custodian agree that the Custodian in carrying out the provisions of this Agreement, including but not limited to the purchase of any Financial Assets for deposit into, or the selling or delivering of any Financial Assets held and maintained in, the Custody Account, is acting solely as the agent of the Fund. Unless the Custodian shall otherwise agree in writing, the Custodian shall not have the duty to take any action other than those actions expressly set forth herein or those actions necessary and advisable to accomplish such expressly set forth actions. The Custodian is hereby expressly authorized to execute in the name of the Fund such certificates as may be necessary to obtain payment with respect to, or to effect the sale, transfer or other disposition of any Financial Assets held in the Custody Account in accordance with the Fund's instructions. In carrying out the purchase or sale of any Financial Assets hereunder, the Custodian may, upon receipt of the Fund's instructions, purchase from or sell to the Custodian's bond department or an affiliate of the Custodian.

The Custodian. The Fund Trust and the Custodian agree that the Custodian in carrying out the provisions of this Agreement, including but not limited to the purchase of any Financial Assets for deposit into, or the selling or delivering of any Financial Assets held and maintained in, the Custody Account, is acting solely as the agent of the FundTrust. Unless the Custodian shall otherwise agree in writing, the Custodian shall not have the duty to take any action other than those actions expressly set forth herein or those actions necessary and advisable to accomplish such expressly set forth actions. The Custodian is hereby expressly authorized to execute in the name of the Fund Trust such certificates as may be necessary to obtain payment with respect to, or to effect the sale, transfer or other disposition of any Financial Assets held in the Custody Account in accordance with the FundTrust's instructions. In carrying out the purchase or sale of any Financial Assets hereunder, the Custodian may, upon receipt of the FundTrust's instructions, purchase from or sell to the Custodian's bond department or an affiliate of the Custodian.

The Custodian. The Fund and the Custodian agree that the Custodian in carrying out the provisions of this Agreement, including but not limited to the purchase of any Financial Assets for deposit into, or the selling or delivering of any Financial Assets held and maintained in, the Custody Account, is acting solely as the agent of the Fund. Unless the Custodian shall otherwise agree in writing, the Custodian shall not have the duty to take any action other than those actions expressly set forth herein or those actions necessary and advisable to accomplish such expressly set forth actions. The Custodian is hereby expressly authorized to execute in the name of the Fund such certificates as may be necessary to obtain payment with respect to, or to effect the sale, transfer or other disposition of any Financial Assets held in the Custody Account in accordance with the Fund's ’s instructions. In carrying out the purchase or sale of any Financial Assets hereunder, the Custodian may, upon receipt of the Fund's ’s instructions, purchase from or sell to the Custodian's ’s bond department or an affiliate of the Custodian.