Common use of BNY Mellon Policies Clause in Contracts

BNY Mellon Policies. (1) BNY Mellon shall comply with BNY Mellon Policies when performing the Services. No modification by BNY Mellon of the BNY Mellon Policies will materially decrease the protection provided to Voya by the BNY Mellon Policies as of the Effective Date, unless approved by Voya in writing. BNY Mellon shall notify Voya of any material changes in BNY Mellon Policies as part of the meetings required under Exhibit 5, and shall permit Voya to conduct, virtually or at BNY Mellon’s offices and subject to BNY Mellon’s reasonable security requirements, a review of such BNY Mellon Policies upon Voya’s request, but not more often than twice a year unless requested in order for Voya to comply with a Governmental Authority’s request (provided, however, that no members of the Service Delivery Organization will be required to travel in connection with any such semi-annual reviews). As part of such reviews, BNY Mellon shall discuss with Voya and answer questions about the BNY Mellon Policies and any changes to such BNY Mellon Policies since the previous review.

Appears in 15 contracts

Samples: Services Agreement (Voya Enhanced Securitized Income Fund), Services Agreement (Voya MUTUAL FUNDS), Services Agreement (Voya Separate Portfolios Trust)

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