Common use of Laws Applicable to Funds Clause in Contracts

Laws Applicable to Funds. Service Provider acknowledges that each Scudder Fund, as a registered investment company under the 1940 Axx, xx subject to the provisions of the 1940 Act and regulations thereunder, and that the offer and sale of its shares are subject to the provisions of federal and state laws and regulations applicable to the offer and sale of securities. The Transfer Agent and each Scudder Fund acknowledges that Service Provider is not resxxxxxxxe for such Scudder Fund's compliance with such laws and regulations. If the Xxxxxfer Agent or any Scudder Fund advises Service Provider that a procedure of Sexxxxx Provider related to the discharge of its obligations hereunder has or may have the effect of causing the Transfer Agent or any Scudder Fund to violate any of such laws or regulations, Service Xxxxxxxr shall develop a mutually agreeable alternative procedure which does not have such effect.

Laws Applicable to Funds. Service Provider acknowledges that each Scudder Fund, as a registered investment ixxxxxxxnt company under the 1940 AxxAct, xx is subject to the provisions of the 1940 Act and regulations thereunder, and that the offer and sale of its shares are subject to the provisions of federal and state laws and regulations applicable to the offer and sale of securities. The Transfer Agent and each Scudder Fund acknowledges that Service thxx Xxxvice Provider is not resxxxxxxxe responsible for such Scudder Fund's compliance with such laws xxxx xxws and regulations. If the Xxxxxfer Transfer Agent or any Scudder Fund advises Service Provider Xxxxxxer that a procedure of Sexxxxx Service Provider related to the discharge of its obligations hereunder has or may have the effect of causing the Transfer Agent or any Scudder Fund to violate any of such laws sxxx xxxs or regulations, Service Xxxxxxxr Provider shall develop a mutually agreeable alternative procedure which does not have such effect.

Laws Applicable to Funds. Service Provider acknowledges that each Scudder Fund, as a registered regixxxxxx investment company under the 1940 AxxAct, xx is subject to the provisions of the 1940 Act and regulations thereunder, and that the offer and sale of its shares are subject to the provisions of federal and state laws and regulations applicable to the offer and sale of securities. The Transfer Agent and each Each Scudder Fund acknowledges that acknowledgxx xxxx Service Provider is not resxxxxxxxe responsible for such Scudder Fund's compliance with complianxx xxxx such laws and regulations. If the Xxxxxfer Transfer Agent or any Scudder Fund advises Service Provider Sexxxxx Xrovider that a procedure of Sexxxxx Service Provider related to the discharge of its obligations hereunder has or may have the effect of causing the Transfer Agent or any Scudder Fund to violate any of xxx xx such laws or regulations, Service Xxxxxxxr Provider shall develop a mutually agreeable alternative procedure which does not have such effect.