Disaster Recovery. 14.1 Transfer Agent shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for periodic backup of computer files and data with respect to a Fund and emergency use of electronic data processing equipment. In the event of equipment failures, Transfer Agent shall, at no additional expense to a Fund, take reasonable steps to minimize service interruptions caused by equipment failure, provided such loss or interruption is not caused by Transfer Agent’s own willful misfeasance, bad faith, negligence or reckless disregard of its duties or obligations under this Agreement and provided further that Transfer Agent has complied with the provisions of this paragraph 14.
Appears in 51 contracts
Samples: Transfer Agency and Services Agreement (Western Asset High Income Opportunity Fund Inc.), Transfer Agency and Services Agreement (Western Asset Middle Market Debt Fund Inc.), Transfer Agency and Services Agreement (ClearBridge Energy MLP Total Return Fund Inc.)
Disaster Recovery. 14.1 Transfer Agent shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for periodic backup of computer files and data with respect to a Fund and emergency use of electronic data processing equipment. In the event of equipment failures, Transfer Agent shall, at no additional expense to a Fund, take reasonable steps to minimize service interruptions caused by equipment failure, provided such loss or interruption is not caused by Transfer Agent’s 's own willful misfeasance, bad faith, negligence or reckless disregard of its duties or obligations under this Agreement and provided further that Transfer Agent has complied with the provisions of this paragraph 14.
Appears in 9 contracts
Samples: Transfer Agency and Services Agreement (Legg Mason Partners Oregon Municipals Fund), Transfer Agency and Services Agreement (Legg Mason Partners California Municipals Fund, Inc), Transfer Agency and Services Agreement (Citifunds Institutional Trust)
Disaster Recovery. 14.1 Transfer Agent shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for periodic backup of computer files and data with respect to a Fund and emergency use of electronic data processing equipment. In the event of equipment failures, Transfer Agent shall, at no additional expense to a Fund, take reasonable steps to minimize service interruptions caused by equipment failure, provided such loss or interruption is not caused by Transfer AgentAgenf’s own willful misfeasance, bad faith, negligence or reckless disregard of its duties or obligations under this Agreement and provided further that Transfer Agent has complied with the provisions of this paragraph 14.
Appears in 2 contracts
Samples: Transfer Agency and Services Agreement (Western Asset Middle Market Income Fund Inc.), Transfer Agency and Services Agreement (Clearbridge American Energy MLP Fund Inc.)
