Legal and Regulatory Compliance. The Custodian shall have no obligation to review, monitor or otherwise ensure compliance by the Fund with (i) any law, regulation, policy, restriction or guideline applicable to the Fund or the Fund assets, (ii) any term, restriction or guideline set forth in the Prospectus or Declaration of Trust; or (iii) any term or condition of any agreement between the Fund and any third party.
Appears in 8 contracts
Samples: Custodian Agreement (AIP Macro Registered Fund P), Custodian Agreement (AIP Macro Registered Fund A), Custodian Agreement (Morgan Stanley Global Long/Short Fund P)
Legal and Regulatory Compliance. The Custodian shall have no obligation to review, monitor or otherwise ensure compliance by the Fund with (i) any law, regulation, policy, restriction or guideline applicable to the Fund or the Fund assets, (ii) any term, restriction or guideline set forth in the Prospectus Memorandum or Declaration of TrustPartnership Agreement; or (iii) any term or condition of any agreement between the Fund and any third party.
Appears in 1 contract
Samples: Custodian Agreement (Morgan Stanley Institutional Fund of Hedge Funds II LP)
