Insolvency of Foreign Custodians. The Custodian shall be responsible for losses or damages suffered by the Fund arising as a result of the insolvency of a Foreign Custodian only to the extent that the Custodian failed to comply with the standard of care set forth in Article II with respect to the selection and monitoring of such Foreign Custodian.
Appears in 52 contracts
Samples: Mutual Fund Custody and Services Agreement (Gabelli Go Anywhere Trust), Mutual Fund Custody and Services Agreement (Dreyfus Dynamic Alternatives Fund, Inc.), Mutual Fund Custody and Services Agreement (Gabelli Global Healthcare & WellnessRx Trust)
Insolvency of Foreign Custodians. The Custodian shall be responsible for losses or damages suffered by the a Fund arising as a result of the insolvency of a Foreign Custodian only to the extent that the Custodian failed to comply with the standard of care set forth in Article II with respect to the selection and monitoring of such Foreign Custodian.
Appears in 6 contracts
Samples: Mutual Fund Custody and Services Agreement (Gabelli Utility Trust), Mutual Fund Custody and Services Agreement (Gabelli Equity Trust Inc), Mutual Fund Custody and Services Agreement (Tweedy Browne Fund Inc)
Insolvency of Foreign Custodians. The Custodian shall be responsible for -------------------------------- losses or damages suffered by the Fund Series arising as a result of the insolvency of a Foreign Custodian only to the extent that the Custodian failed to comply with the standard of care set forth in Article II with respect to the selection and monitoring of such Foreign Custodian.
Appears in 2 contracts
Samples: Mutual Fund Custody and Services Agreement (Lincoln Variable Insurance Products Trust), Mutual Fund Custody and Services Agreement (Lincoln Advisors Trust)
Insolvency of Foreign Custodians. The Custodian shall be responsible for losses or damages suffered by the Fund arising as a result of the insolvency of a Foreign Custodian only to the extent that the Custodian failed to comply with the standard of care set forth in Article II with respect to the selection selection, monitoring and monitoring continued retention of such Foreign Custodian.
Appears in 1 contract
Samples: Foreign Custody Manager and Information Services Agreement (WPG Large Cap Growth Fund)
