FTC. “FTC” shall mean the U.S. Federal Trade Commission.
FTC. 51 GAAP..........................................................................
FTC is a duly licensed trust company providing trust, custodial and other services to individual retirement accounts, qualified retirement plans and taxable investment accounts (the "Plan(s)"). Some of the Plans contain provisions that permit or require each participant to direct the investment of that portion of a Plan's assets that is allocated to such participant's account. Some of the Plans provide for the delegation of investment authority to investment managers, co-trustees, or named fiduciaries other than FTC. In no case does FTC have any investment discretion or authority with respect to any of the Plans.
FTC. “FTC” shall have the meaning specified in Section 5.2.
FTC shall exercise reasonable care in the performance of its duties under this Agreement. FTC shall not be liable for any error of judgment or mistake of law or for any loss suffered by the Funds in connection with matters to which this Agreement relates, including losses resulting from mechanical breakdowns or the failure of communication or power supplies beyond FTC's control, except a loss resulting from FTC's refusal or failure to comply with the terms of this Agreement or from bad faith, negligence, or willful misconduct on its part in the performance of its duties under this Agreement. Notwithstanding any other provision of this Agreement, the Funds shall indemnify and hold harmless FTC from and against any and all claims, demands, losses, expenses, and liabilities (whether with or without basis in fact or law) of any and every nature (including reasonable attorneys' fees) which FTC may sustain or incur or which may be asserted against FTC by any person arising out of any action taken or omitted to be taken by it in performing the services hereunder (i) in accordance with the foregoing standards, or (ii) in reliance upon any written or oral instruction provided to FTC by any duly authorized officer of the Funds, such duly authorized officer to be included in a list of authorized officers furnished to FTC and as amended from time to time in writing by resolution of the Board of Trustees of the Funds. In the event of a mechanical breakdown or failure of communication or power supplies beyond its control, FTC shall take all reasonable steps to minimize service interruptions for any period that such interruption continues beyond FTC's control. FTC will make every reasonable effort to restore any lost or damaged data and correct any errors resulting from such a breakdown at the expense of FTC. FTC agrees that it shall, at all times, have reasonable contingency plans with appropriate parties, making reasonable provision for emergency use of electrical data processing equipment to the extent appropriate equipment is available. Representatives of the Funds shall be entitled to inspect FTC's premises and operating capabilities at any time during regular business hours of FTC, upon reasonable notice to FTC. Regardless of the above, FTC reserves the right to reprocess and correct administrative errors at its own expense.
FTC. The Company and its domestic subsidiaries are in compliance with the applicable requirements of the Federal Trade Commission (the “FTC”) rules governing franchising and applicable provisions of federal, state, local and other U.S. laws or regulations governing the business of a franchise or that are applicable to their businesses as presently conducted, except in each case as would not reasonably be expected to, individually or in the aggregate, have a Material Adverse Effect.
FTC. Federal Trade Commission.
FTC. 40 Antitrust Division,......... 40
FTC. 8.01 GAAP............................................................4.08 T&B Agreement...................................................4.04
FTC. 7/2008 dated 30/01/2008) Dear Sir, I am directed to refer to the above mentioned application and to convey approval of the Government of India to your proposal, subject to the following terms and conditions: