Common use of CONTRACTS WITH ELIGIBLE FOREIGN CUSTODIANS Clause in Contracts

CONTRACTS WITH ELIGIBLE FOREIGN CUSTODIANS. The Bank shall use its best efforts to ensure that each contract with an Eligible Foreign Custodian shall provide indemnification rights that match the indemnification rights of the Fund hereunder, including indemnification for any Claim (as defined below) arising as a result of the negligence, willful misfeasance or bad faith of the Eligible Foreign Custodian.

Appears in 9 contracts

Samples: Custodian Agreement (CDC Nvest Companies Trust I), Custodian Agreement (CDC Nvest Funds Trust Iii), Custodian Agreement (CDC Nvest Funds Trust I)

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CONTRACTS WITH ELIGIBLE FOREIGN CUSTODIANS. The Bank shall ------------------------------------------ use its best efforts to ensure that each contract with an Eligible Foreign Custodian shall provide indemnification rights that match the indemnification rights of the Fund hereunder, including indemnification for any Claim (as defined below) arising as a result of the negligence, willful misfeasance or bad faith of the Eligible Foreign Custodian.

Appears in 1 contract

Samples: Custodian Agreement (CDC Nvest Funds Trust Iii)

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