Common use of Accuracy of Orders; Customer Signatures Clause in Contracts

Accuracy of Orders; Customer Signatures. You shall be responsible for the accuracy, timeliness and completeness of any orders transmitted by you on behalf of your customers by any means, including wire or telephone. You agree that neither the Funds, the Distributor, nor any of their affiliates will have any responsibility or liability to review any purchase or redemption request that is presented by you to determine whether such request is accurate, genuine or authorized by your customer. You agree to be responsible for any orders transmitted by you on behalf of your customers that are not delivered to the Funds timely. In addition, you agree to guarantee the signatures of your customers when such guarantee is required by the Company and you agree to indemnify and hold harmless all persons, including us and the Funds’ transfer agent, from and against any and all loss, cost, damage or expense suffered or incurred in reliance upon such signature guarantee.