Country Risk. (a) The Customer acknowledges that (i) investing in Financial Assets and cash in foreign jurisdictions may involve risks of loss or other burdens and costs, and (ii) it remains responsible for assessing and managing investment-related exposures arising out of Country Risk. Accordingly, the Customer agrees that J.X. Xxxxxx will not be responsible for any Liabilities resulting from Country Risk.
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Samples: Global Custody Agreement (Brookfield Infrastructure Income Fund Inc.), Global Custody Agreement (Popular U.S. Government Money Market Fund, LLC), Global Custody Agreement (Impax Funds Series Trust I)
Country Risk. (a) The Customer acknowledges that (i) investing in Financial Assets and cash in foreign jurisdictions may involve risks of loss or other burdens and costs, and (ii) it remains responsible for assessing and managing investment-related exposures arising out of Country Risk. Accordingly, the Customer agrees that J.X. X.X. Xxxxxx will not be responsible for any Liabilities resulting from Country Risk.
Appears in 3 contracts
Samples: Global Custody Agreement (Popular Income Plus Fund, Inc.), Global Custody Agreement (Popular High Grade Fixed-Income Fund, Inc.), Global Custody Agreement (Popular Total Return Fund Inc)
Country Risk. (a) The Customer acknowledges that (i) investing in Financial Assets and cash in foreign jurisdictions may involve risks of loss or other burdens and costs, and (ii) it remains responsible for assessing and managing investment-related exposures arising out of Country Risk. Accordingly, the Customer agrees that J.X. X.X. Xxxxxx will not be responsible for any Liabilities resulting from Country Risk.. Global Custody Agreement - New York - January 2022
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Samples: Global Custody Agreement (Morgan Stanley ETF Trust)
Country Risk. (a) The Customer acknowledges that (i) investing in Financial Assets and cash in foreign jurisdictions may involve risks of loss or other burdens and costs, and (ii) it remains responsible for assessing and managing investment-related exposures arising out of Country Risk. Accordingly, the Customer agrees that J.X. X.X. Xxxxxx will not be responsible for any Liabilities resulting from Country Risk. For the avoidance of doubt, this Section 7.3a(a) does not impact X.X. Xxxxxx’x liability with respect to Liabilities that do not result from Country Risk.
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