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). BOSTON FINANCIAL may, however, employ agents to assist it in performing its duties hereunder; provided, however, that BOSTON FINANCIAL shall be fully responsible to the Trust for the acts and omissions of any agent employed by it to the same extent as it is for its own acts and omissions and BOSTON FINANCIAL shall obtain the Trust's prior approval for the employment of any such agent that is not an affiliate of BOSTON FINANCIAL.

Appears in 6 contracts

Samples: Transfer Agency Agreement (Jp Morgan Mutual Fund Series), Transfer Agency Agreement (Jpmorgan Value Opportunities Fund Inc), Transfer Agency Agreement (Jp Morgan Fleming Mutual Fund Group Inc)

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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). BOSTON FINANCIAL may, however, employ agents to assist it in performing its duties hereunder; provided, however, that BOSTON FINANCIAL shall be fully responsible to the Trust for the acts and omissions of any agent employed by it to the same extent as it is for its own acts and omissions and BOSTON FINANCIAL shall obtain the Trust's ’s prior approval for the employment of any such agent that is not an affiliate of BOSTON FINANCIAL.

Appears in 3 contracts

Samples: Transfer Agency Agreement (JPMorgan Institutional Trust), Transfer Agency Agreement (One Group Investment Trust), Transfer Agency Agreement (Jpmorgan Trust Ii)

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