Common use of Liability of Bank Clause in Contracts

Liability of Bank. The Bank shall have no more or less responsibility or liability on account of the acts or omissions of any Selected Foreign Sub-Custodian employed hereunder than any such Selected Foreign Sub-Custodian has to the Bank and, without limiting the foregoing, the Bank shall not be liable for any loss, damage, cost, expense, liability or claim resulting from nationalization, expropriation, currency restrictions, or acts of war or terrorism, political risk (including, but not limited to, exchange control restrictions, confiscation, insurrection, civil strife or armed hostilities) other losses due to Acts of God, nuclear incident or any loss where the Selected Foreign Sub-Custodian has otherwise exercised reasonable care.

Appears in 18 contracts

Samples: Master Custodian Agreement (Standish Ayer & Wood Investment Trust), Master Custodian Agreement (Standish Ayer & Wood Investment Trust), Custodian Agreement (Atlas Assets Inc)

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Liability of Bank. The Bank shall have no more or less ----------------- responsibility or liability on account of the acts or omissions of any Selected Foreign Sub-Custodian custodian employed hereunder than any such Selected Foreign Sub-Custodian Sub- custodian has to the Bank and, without limiting the foregoing, the Bank shall not be liable for any loss, damage, cost, expense, liability or claim resulting from nationalization, expropriation, currency restrictions, or acts of war or terrorism, political risk (including, but not limited to, exchange control restrictions, confiscation, insurrection, civil strife or armed hostilities) other losses due to Acts of God, nuclear incident or any loss where the Selected Foreign Sub-Custodian custodian has otherwise exercised reasonable care.

Appears in 5 contracts

Samples: Custody Agreement (Master Investment Portfolio), Custody Agreement (Masterworks Funds Inc), Custody Agreement (Masterworks Funds Inc)

Liability of Bank. The Bank shall have no more or less responsibility or liability on account of the acts or of omissions of any Selected Foreign Sub-Custodian employed hereunder than any such Selected Foreign Sub-Custodian has to the Bank and, without limiting the foregoing, the Bank shall not be liable for any loss, damage, cost, expense, liability or claim resulting from nationalization, expropriation, currency restrictions, or acts of war or terrorism, political risk (including, but not limited to, exchange control restrictions, confiscation, insurrection, civil strife or armed hostilities) other losses due to Acts of God, nuclear incident or any loss where the Selected Foreign Sub-Custodian has otherwise exercised reasonable care.

Appears in 2 contracts

Samples: Custodian Agreement (Guinness Flight Investment Funds Inc), Custodian Agreement (Guinness Flight Investment Funds)

Liability of Bank. The Bank shall have no more or less ----------------- responsibility or liability on account of the acts or omissions of any Selected Foreign Sub-Custodian custodian employed hereunder than any such Selected Foreign Sub-Custodian custodian has to the Bank and, without limiting the foregoing, the Bank shall not be liable for any loss, damage, cost, expense, liability or claim resulting from nationalization, expropriation, currency restrictions, or acts of war or terrorism, political risk (including, but not limited to, exchange control restrictions, confiscation, insurrection, civil strife or armed hostilities) other losses due to Acts of God, nuclear incident or any loss where the Selected Foreign Sub-Custodian Sub- custodian has otherwise exercised reasonable care.

Appears in 2 contracts

Samples: Custody Agreement (Master Investment Portfolio), Custody Agreement (Managed Series Investment Trust)

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Liability of Bank. The Bank shall have no more or less responsibility or liability on account of the acts or omissions of any such Selected Foreign Sub-Custodian employed hereunder than any such Selected Foreign Sub-Custodian has to the Bank and, without limiting the foregoing, the Bank shall not be liable for any loss, damage, cost, expense, liability or claim resulting from nationalization, expropriation, currency restrictions, or acts of war or terrorism, political risk (including, but not limited to, exchange control restrictions, confiscation, insurrection, civil strife or armed hostilities) other losses due to Acts of God, nuclear incident or any loss where the Selected Foreign Sub-Custodian has otherwise exercised reasonable care.

Appears in 2 contracts

Samples: Custodian Agreement (Atlas Funds), Custodian Agreement (Atlas Insurance Trust)

Liability of Bank. The Bank shall have no more or less ----------------- responsibility or liability on account of the acts or omissions of any Selected Foreign Sub-Custodian employed hereunder than any such Selected Foreign Sub-Sub- Custodian has to the Bank and, without limiting the foregoing, the Bank shall not be liable for any loss, damage, cost, expense, liability or claim resulting from nationalization, expropriation, currency restrictions, or acts of war or terrorism, political risk (including, but not limited to, exchange control restrictions, confiscation, insurrection, civil strife or armed hostilities) other losses due to Acts of God, nuclear incident or any loss where the Selected Foreign Sub-Custodian has otherwise exercised reasonable care.

Appears in 1 contract

Samples: Custodian Agreement (M Fund Inc)

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