Custodians. The Trust acknowledges that Administrator may rely on and shall have no responsibility to validate the existence of assets reported by the Trust, the Trust’s adviser, or the Trust’s custodian, other than Administrators completion of a reconciliation of the assets reported by such parties. The Trust acknowledges that it is the responsibility of the Trust to validate the existence of assets reported to Administrator. Administrator may rely, and has no duty to investigate the representations of, the Adviser, Trust, or the Trust’s custodian.
Appears in 4 contracts
Samples: Administration and Fund Accounting Agreement (Clough Global Equity Fund), Administration and Fund Accounting Agreement (Clough Global Dividend & Income Fund), Administration and Fund Accounting Agreement (Clough Global Opportunities Fund)
Custodians. The Trust acknowledges that Administrator may rely on and shall have no responsibility to validate the existence of assets reported by the Trusta Fund, the Trust’s adviseradvisor, or the Trust’s custodian, other than Administrators Administrator’ completion of a reconciliation of the assets reported by such parties. The Trust acknowledges that it is the responsibility of the Trust to validate the existence of assets reported to Administrator. Administrator may rely, and has no duty to investigate the representations ofof the Advisor, the Adviser, TrustFund, or the Trust’s custodian.
Appears in 2 contracts
Samples: Administration and Fund Accounting Agreement (Elevation Series Trust), Administration and Fund Accounting Agreement (Cullen Funds Trust)
Custodians. The Trust acknowledges that Administrator may rely on and shall have no responsibility to validate the existence of assets reported by the Trust, the Trust’s adviser, or the Trust’s custodian, other than Administrators Administrator’s completion of a reconciliation of the assets reported by such parties. The Trust acknowledges that it is the responsibility of the Trust to validate the existence of assets reported to Administrator. Administrator may rely, and has no duty to investigate the representations of, the Adviseradviser, sub-adviser, Trust, or the Trust’s custodian.
Appears in 2 contracts
Samples: Administration and Fund Accounting Agreement (Octagon XAI CLO Income Fund), Administration and Fund Accounting Agreement (XAI Octagon Floating Rate & Alternative Income Term Trust)
Custodians. The Trust acknowledges that Administrator may rely on and shall have no responsibility to validate the existence of assets reported by the Trusta Fund, the Trusta Fund’s adviseradvisor, or the Trust’s custodian, other than Administrators Administrator’s completion of a reconciliation of the assets reported by such parties. The Trust acknowledges that it is the responsibility of the Trust and the Fund’s advisor or sub-advisor to validate the existence of assets reported to Administrator. Administrator may rely, and has no duty to investigate the representations ofof the advisor, the Advisersub-advisor, TrustFund, or the Trust’s custodian.
Appears in 1 contract
Samples: Master Administration and Fund Accounting Agreement (Elevation Series Trust)
