Liability for Foreign Custodians Sample Clauses

Liability for Foreign Custodians. The Custodian shall be liable for the acts or omissions of an Eligible Foreign Custodian to the same extent as if the action or omission were performed by the Custodian itself, taking into account the facts and circumstances and the established local market practices and laws prevailing in the particular jurisdiction in which the Fund elects to invest.
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Liability for Foreign Custodians. The Custodian shall be liable for the acts or omissions of a foreign sub-custodian to the same extent as if the action or omission were performed by the Custodian itself, taking into account the facts and circumstances and the established local market practices and laws prevailing in the particular jurisdiction in which the Fund elects to invest.
Liability for Foreign Custodians. State Street shall be liable for the acts or omissions of an Eligible Foreign Custodian to the same extent as if the action or omission were performed by State Street itself, taking into account the facts and circumstances and the established local market practices and laws prevailing in the particular jurisdiction in which the Custodian elects to invest.
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