Common use of Change Requests Clause in Contracts

Change Requests. (a) If either party wishes to propose any amendment or modification to, or variation of, J.X. Xxxxxx’x services contemplated by this Agreement including the scope or details of the services (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the other party, specifying in as much detail as is reasonably practicable the nature of the Change. (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 4.1, and the basis upon which J.X. Xxxxxx will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a Change, or an increase in J.X. Xxxxxx’x costs or risk associated with provision of its services contemplated by this Agreement, J.X. Xxxxxx shall be entitled to an appropriate increase in the fees contemplated by Section 4.1.J.X. Xxxxxx shall bear its own costs with respect to implementing a Change Request based upon a change in Applicable Law except that: (i) J.X. Xxxxxx shall be entitled to charge the Customer for any changes to software that has been developed or customized for the Customer upon review and approval by the Customer (which shall not be unreasonably withheld); and (ii) J.X. Xxxxxx shall be entitled to charge the Customer for any Changes required as a result of the change in Applicable Law affecting the Customer in a materially different way than it affects J.X. Xxxxxx’x other customers, or which the Customer wishes J.X. Xxxxxx to implement in a way different from what J.X. Xxxxxx reasonably intends to implement for its other customers. Global Custody Agreement - New York - General February 2018 version

Appears in 2 contracts

Samples: Global Custody Agreement (Aetos Distressed Investment Strategies Fund LLC), Global Custody Agreement (Aetos Long/Short Strategies Fund LLC)

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Change Requests. (a) If either party wishes to propose any amendment or modification to, or variation of, J.X. Xxxxxx’x services contemplated by this Agreement including the scope or details of the services (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the other party, specifying in as much detail as is reasonably practicable the nature of the Change. (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 4.1, and the basis upon which J.X. Xxxxxx will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a Change, or an increase in J.X. Xxxxxx’x costs or risk associated with provision of its services contemplated by this Agreement, J.X. Xxxxxx shall be entitled to an appropriate increase in the fees contemplated by Section 4.1.J.X. 4.1. J.X. Xxxxxx shall bear its own costs with respect to implementing a Change Request based upon a change in Applicable Law except that: (i) J.X. Xxxxxx shall be entitled to charge the Customer for any changes to software that has been developed or customized for the Customer upon review and approval by the Customer (which shall not be unreasonably withheld)Customer; and (ii) J.X. Xxxxxx shall be entitled to charge the Customer for any Changes required as a result of the change in Applicable Law affecting the Customer in a materially different way than it affects J.X. Xxxxxx’x other customers, or which the Customer wishes J.X. Xxxxxx to implement in a way different from what J.X. Xxxxxx reasonably intends to implement for its other customers. Global Custody Agreement - New York - General February 2018 version.

Appears in 1 contract

Samples: Global Custody Agreement (Popular U.S. Government Money Market Fund, LLC)

Change Requests. (a) If either party wishes to propose any amendment or modification to, or variation of, J.X. X.X. Xxxxxx’x services contemplated by this Agreement including the scope or details of the services (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the other party, specifying in as much detail as is reasonably practicable the nature of the Change. (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 4.1, and the basis upon which J.X. X.X. Xxxxxx will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a Change, or an increase in J.X. X.X. Xxxxxx’x costs or risk associated with provision of its services contemplated by this Agreement, J.X. the parties agree to negotiate in good faith a reasonable increase in fees commenserate with the change in costs or risks associated with providing the services due to the change in Applicable Law. X.X. Xxxxxx shall be entitled to request an appropriate increase in the fees contemplated by Section 4.1.J.X. 4.1. X.X. Xxxxxx shall bear its own costs with respect to implementing a Change Request based upon a change in Applicable Law except that: (i) J.X. Xxxxxx shall be entitled The parties agree to negotiate in good faith a charge to the Customer for any changes to software that has been developed or customized for the Customer upon review and approval by the Customer (which shall not be unreasonably withheld)Customer; and (ii) J.X. Xxxxxx shall be entitled The parties agree negotiate in good faith a charge to charge the Customer for any Changes required as a result of the change in Applicable Law affecting the Customer in a materially different way than it affects J.X. X.X. Xxxxxx’x other customers, or which the Global Custody Agreement – New York – January 2021 Customer wishes J.X. X.X. Xxxxxx to implement in a way different from what J.X. X.X. Xxxxxx reasonably intends to implement for its other customers. Global Custody Agreement - New York - General February 2018 version.

Appears in 1 contract

Samples: Global Custody Agreement (DoubleLine ETF Trust)

Change Requests. (a) If either party wishes to propose any amendment or modification to, or variation of, J.X. Xxxxxx’x services contemplated by this Agreement including the scope or details of the services (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the other party, specifying in as much detail as is reasonably practicable the nature of the Change.. Global Custody Agreement - New York - January 2022 (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 4.1, and the basis upon which J.X. Xxxxxx will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a Change, or an increase in J.X. Xxxxxx’x costs or risk associated with provision of its services contemplated by this Agreement, J.X. Xxxxxx shall be entitled to an appropriate increase in the fees contemplated by Section 4.1.J.X. 4.1. J.X. Xxxxxx shall bear its own costs with respect to implementing a Change Request based upon a change in Applicable Law except that: (i) J.X. Xxxxxx shall be entitled to charge the Customer for any changes to software that has been developed or customized for the Customer upon review and approval by the Customer (which shall not be unreasonably withheld)Customer; and (ii) J.X. Xxxxxx shall be entitled to charge the Customer for any Changes required as a result of the change in Applicable Law affecting the Customer in a materially different way than it affects J.X. Xxxxxx’x other customers, or which the Customer wishes J.X. Xxxxxx to implement in a way different from what J.X. Xxxxxx reasonably intends to implement for its other customers. Global Custody Agreement - New York - General February 2018 version.

Appears in 1 contract

Samples: Global Custody Agreement (Impax Funds Series Trust I)

Change Requests. (a) If either party wishes to propose any amendment or modification to, or variation of, J.X. Xxxxxx’x the services contemplated by under this Agreement (including the scope or details of the services services) (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the other party, specifying in as much detail as is reasonably practicable the nature of the Change. (b) Promptly following the receipt of a Change Request, Request the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 4.15.1 of this Agreement, and the basis upon which J.X. X.X. Xxxxxx will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a Change, or an increase in J.X. X.X. Xxxxxx’x costs or risk associated with provision of its services contemplated by this Agreement, J.X. Xxxxxx the parties shall be entitled to an appropriate increase mutually agree what, if any, modifications in the fees contemplated by Section 4.1.J.X. 5.1 of this Agreement should result. X.X. Xxxxxx shall bear its own costs with respect to implementing a Change Request based upon a change in Applicable Law except that: (i) J.X. X.X. Xxxxxx shall be entitled to charge the Customer Lender for any changes to software that has been developed or customized for at the Customer upon review Lender’s request; provided that such charges and approval changes have been pre- approved by the Customer (which shall not be unreasonably withheld)Lender; and (ii) J.X. X.X. Xxxxxx shall be entitled to charge the Customer Lender for any Changes changes required as a result of the change in Applicable Law affecting the Customer Lender in a materially different way than it affects J.X. X.X. Xxxxxx’x other customerslenders, or which the Customer Lender wishes J.X. X.X. Xxxxxx to implement in a way different from what J.X. X.X. Xxxxxx reasonably intends to implement for its other customerslenders; provided that such charges and changes have been pre- approved by Lender. Global Custody Securities Lending Agreement - JPMCB New York - General February - June 2018 versionVersion 16

Appears in 1 contract

Samples: Securities Lending Agreement (Proshares Trust)

Change Requests. (a) If either party wishes to propose any amendment or modification to, or variation of, J.X. Xxxxxx’x services contemplated by this Agreement including the scope or details of the services (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the other party, specifying in as much detail as is reasonably practicable the nature of the Change.. Global Custody Agreement – New York – January 2022 (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 4.1, and the basis upon which J.X. Xxxxxx will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a Change, or an increase in J.X. Xxxxxx’x costs or risk associated with provision of its services contemplated by this Agreement, J.X. Xxxxxx shall be entitled to an appropriate increase in the fees contemplated by Section 4.1.J.X. 4.1. J.X. Xxxxxx shall bear its own costs with respect to implementing a Change Request based upon a change in Applicable Law except that: (i) J.X. Xxxxxx shall be entitled to charge the Customer for any changes to software that has been developed or customized for the Customer upon review and approval by the Customer (which shall not be unreasonably withheld)Customer; and (ii) J.X. Xxxxxx shall be entitled to charge the Customer for any Changes required as a result of the change in Applicable Law affecting the Customer in a materially different way than it affects J.X. Xxxxxx’x other customers, or which the Customer wishes J.X. Xxxxxx to implement in a way different from what J.X. Xxxxxx reasonably intends to implement for its other customers. Global Custody Agreement - New York - General February 2018 version.

Appears in 1 contract

Samples: Global Custody Agreement (Brookfield Infrastructure Income Fund Inc.)

Change Requests. (a) If either party wishes to propose any amendment or modification to, or variation of, J.X. X.X. Xxxxxx’x services contemplated by this Agreement including the scope or details of the services (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the other party, specifying in as much detail as is reasonably practicable the nature of the Change. (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 4.1, and the basis upon which J.X. X.X. Xxxxxx will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a Change, or an increase in J.X. X.X. Xxxxxx’x costs or risk associated with provision of its services contemplated by this Agreement, J.X. X.X. Xxxxxx shall be entitled to an appropriate increase in the fees contemplated by Section 4.1.J.X. 4.1. X.X. Xxxxxx shall bear its own costs with respect to implementing a Change Request based upon a change in Applicable Law except that: (i) J.X. X.X. Xxxxxx shall be entitled to charge the Customer for any changes to software that has have been developed or customized for the Customer upon review and approval by the Customer (which shall not be unreasonably withheld)Customer; and (ii) J.X. X.X. Xxxxxx shall be entitled to charge the Customer for any Changes required as a result of the change in Applicable Law affecting the Customer in a materially different way than it affects J.X. X.X. Xxxxxx’x other customers, or which the Customer wishes J.X. X.X. Xxxxxx to implement in a way different from what J.X. X.X. Xxxxxx reasonably intends to implement for its other customers. Global Custody Agreement - New York - General February 2018 version.

Appears in 1 contract

Samples: Global Custody Agreement (Palmer Square Funds Trust)

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Change Requests. (a) If either party wishes to propose any amendment or modification to, or variation of, J.X. X.X. Xxxxxx’x services contemplated by this Agreement including the scope or details of the services (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the other party, specifying in as much detail as is reasonably practicable the nature of the Change.. Global Custody Agreement - New York - January 2022 (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 4.1, and the basis upon which J.X. X.X. Xxxxxx will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a Change, or an increase in J.X. X.X. Xxxxxx’x costs or risk associated with provision of its services contemplated by this Agreement, J.X. X.X. Xxxxxx shall be entitled to an appropriate increase in the fees contemplated by Section 4.1.J.X. 4.1. X.X. Xxxxxx shall bear its own costs with respect to implementing a Change Request based upon a change in Applicable Law except that: (i) J.X. X.X. Xxxxxx shall be entitled to charge the Customer for any changes to software that has been developed or customized for the Customer upon review and approval by the Customer (which shall not be unreasonably withheld)Customer; and (ii) J.X. X.X. Xxxxxx shall be entitled to charge the Customer for any Changes required as a result of the change in Applicable Law affecting the Customer in a materially different way than it affects J.X. X.X. Xxxxxx’x other customers, or which the Customer wishes J.X. X.X. Xxxxxx to implement in a way different from what J.X. X.X. Xxxxxx reasonably intends to implement for its other customers. Global Custody Agreement - New York - General February 2018 version.

Appears in 1 contract

Samples: Global Custody Agreement (Morgan Stanley ETF Trust)

Change Requests. (a) If either party wishes to propose any amendment or modification to, or variation of, J.X. Xxxxxx’x services contemplated by this Agreement including the scope or details of the services (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the other party, specifying in as much detail as is reasonably practicable the nature of the Change. (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 4.1, and the basis upon which J.X. Xxxxxx will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a Change, or an increase in J.X. Xxxxxx’x costs or risk associated with provision of its services contemplated by this Agreement, J.X. Xxxxxx shall be entitled to an appropriate increase in the fees contemplated by Section 4.1.J.X. Xxxxxx shall bear its own costs with respect to implementing a Change Request based upon a change in Applicable Law except that: (i) J.X. Xxxxxx shall be entitled to charge the Customer for any changes to software that has been developed or customized for the Customer upon review and approval by the Customer (which shall not be unreasonably withheld); and (ii) J.X. Xxxxxx shall be entitled to charge the Customer for any Changes required as a result of the change in Applicable Law affecting the Customer in a materially different way than it affects J.X. Xxxxxx’x other customers, or which the Customer wishes J.X. Xxxxxx to implement in a way different from what J.X. Xxxxxx reasonably intends to implement for its other customers. Global Custody Agreement - New York - General - February 2018 version

Appears in 1 contract

Samples: Global Custody Agreement (Aetos Multi-Strategy Arbitrage Fund LLC)

Change Requests. (a) If either party wishes to propose any amendment or modification to, or variation of, J.X. Xxxxxx’x services contemplated by this Agreement including the scope or details of the services (a “Change”) then it shall notify the other party of that fact by sending a request (a “Change Request”) to the other party, specifying in as much detail as is reasonably practicable the nature of the Change.. Global Custody Agreement - New York - January 2022 11 (b) Promptly following the receipt of a Change Request, the parties shall agree whether to implement the Change Request, whether implementation of the Change Request should result in a modification of the fees contemplated by Section 4.1, and the basis upon which J.X. Xxxxxx will be compensated for implementing the Change Request. (c) If a change to Applicable Law requires a Change, the parties shall follow the processes set forth in this Section to initiate a Change Request. If the change in Applicable Law results in a Change, or an increase in J.X. Xxxxxx’x costs or risk associated with provision of its services contemplated by this Agreement, J.X. Xxxxxx shall be entitled to an appropriate increase in the fees contemplated by Section 4.1.J.X. 4.1. J.X. Xxxxxx shall bear its own costs with respect to implementing a Change Request based upon a change in Applicable Law except that: (i) J.X. Xxxxxx shall be entitled to charge the Customer for any changes to software that has been developed or customized for the Customer upon review and approval by the Customer (which shall not be unreasonably withheld)Customer; and (ii) J.X. Xxxxxx shall be entitled to charge the Customer for any Changes required as a result of the change in Applicable Law affecting the Customer in a materially different way than it affects J.X. Xxxxxx’x other customers, or which the Customer wishes J.X. Xxxxxx to implement in a way different from what J.X. Xxxxxx reasonably intends to implement for its other customers. Global Custody Agreement - New York - General February 2018 version.

Appears in 1 contract

Samples: Global Custody Agreement (Brookfield Infrastructure Income Fund Inc.)

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