Concerning the Bank. 8.1 Bank may enter into subcontracts, agreements and understandings with any BNY affiliate, whenever and on such terms and conditions as it deems necessary or appropriate to perform its services hereunder. No such subcontract, agreement or understanding shall discharge Bank from its obligations hereunder.
Appears in 6 contracts
Samples: Transfer Agency and Service Agreement (PowerShares Exchange-Traded Fund Trust II), Transfer Agency and Service Agreement (PowerShares Exchange-Traded Fund Trust II), Transfer Agency and Service Agreement (PowerShares Exchange-Traded Fund Trust II)