Common use of Changes or Modifications to the Compliance Programs or Safeguard Procedures Clause in Contracts

Changes or Modifications to the Compliance Programs or Safeguard Procedures. The Funds acknowledge that DST reserves and retains the right to modify the Compliance Programs and Safeguard Procedures in DST’s sole but reasonable discretion and without prior notice to the Funds, provided that: (a) DST reasonably believes that the modification will not cause the Compliance Programs or the Safeguard Procedures to become non-compliant with Applicable Laws or regulations; and (b) any of the anticipated protections afforded to the Funds and the Services provided under the Compliance Programs or Safeguard Procedures will not be adversely impacted or lessened.

Appears in 44 contracts

Samples: Agency Agreement (Lord Abbett Investment Trust), Agency Agreement (Lord Abbett Equity Trust), Agency Agreement (Lord Abbett Us Gov & Gov Sponsored Enterpr Money Market Fund)

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Changes or Modifications to the Compliance Programs or Safeguard Procedures. The Funds acknowledge that DST reserves and retains the right to modify the Compliance Programs and Safeguard Procedures in DST’s sole but reasonable discretion and without prior notice to the Funds, provided that: (a) DST reasonably believes that the modification will not cause the Compliance Programs or the Safeguard Procedures to become non-compliant with Applicable Laws or regulationsLaws; and (b) any of the anticipated protections afforded to the Funds and the Services provided under the Compliance Programs or Safeguard Procedures will not be adversely impacted or lessened.

Appears in 12 contracts

Samples: Agency Agreement (Lord Abbett Credit Opportunities Fund), Agency Agreement (Lord Abbett Us Gov & Gov Sponsored Enterpr Money Market Fund), Agency Agreement (Lord Abbett Bond Debenture Fund Inc)

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