Common use of ASSIGNMENT AND SUBCONTRACTORS Clause in Contracts

ASSIGNMENT AND SUBCONTRACTORS. A. Neither this Agreement nor any rights or obligations hereunder may be assigned by either party hereto without the written consent of the other party. In the event of a mutually agreed to assignment, each party shall remain liable for the performance of its assignee(s). DST may, however, employ agents to assist it in performing its duties hereunder. B. Notwithstanding anything in this Agreement to the contrary, nothing herein shall impose any duty upon DST in connection with or make DST liable for the actions or omissions to act of unaffiliated third parties such as, by way of example and not limitation, Airborne Services, the U.S. mails, the National Securities Clearing Commission and telecommunication companies, provided, if DST selected such company, DST shall have exercised due care in selecting the same.

Appears in 10 contracts

Samples: Transfer Agency Agreement (Jp Morgan Funds), Transfer Agency Agreement (Jp Morgan Mutual Fund Select Group), Transfer Agency Agreement (Jp Morgan Mutual Fund Investment Trust)

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ASSIGNMENT AND SUBCONTRACTORS. A. Neither this Agreement nor any rights or obligations hereunder may be assigned by either party hereto without the written consent of the other party. In the event of a mutually agreed to assignment, each party shall remain liable for the performance of its assignee(s). DST may, however, employ agents to assist it in performing its duties hereunder. B. Notwithstanding anything in this Agreement to the contrary, nothing herein shall impose any duty upon DST in connection with or make DST liable for the actions or omissions to act of unaffiliated third parties such as, by way of example and not limitation, Airborne Services, the U.S. mails, the National Securities Clearing 31 Commission and telecommunication companies, provided, if DST selected such company, DST shall have exercised due care in selecting the same.

Appears in 1 contract

Samples: Transfer Agency Agreement (UM Investment Trust II)

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