Liability of Foreign Sub-Custodians. Each agreement pursuant to which the Custodian employs a foreign banking institution as a foreign sub-custodian shall require the institution to exercise reasonable care in the performance of its duties and to indemnify, and hold harmless, the Custodian and each Fund from and against any loss, damage, cost, expense,
Appears in 4 contracts
Samples: Custodian Contract (Mony Series Fund Inc), Custodian Contract (Merrill Lynch Index Funds Inc), Custodian Contract (Merrill Lynch Index Trust)
Liability of Foreign Sub-Custodians. Each agreement pursuant to which the Custodian employs a foreign banking institution as a foreign sub-custodian shall require the institution to exercise reasonable care in the performance of its duties and to indemnify, and hold harmless, the Custodian and each Fund from and against any loss, damage, cost, expense,, liability or claim arising out of or in connection with the institution's performance of such
Appears in 3 contracts
Samples: Custodian Contract Amendment (Legg Mason Total Return Trust Inc), Custodian Contract Amendment (Legg Mason Special Investment Trust Inc), Custodian Agreement (Legg Mason Value Trust Inc)
Liability of Foreign Sub-Custodians. Each agreement pursuant to which the Custodian employs a foreign banking institution as a foreign sub-custodian shall require the institution to exercise reasonable care in the performance of its duties and to indemnify, and hold harmless, the Custodian and each Fund from and against any loss, damage, cost, expense,, liability or claim arising out of or in connection with the institution's
Appears in 2 contracts
Samples: Custodian Contract (Aim Series Trust), Custodian Contract (American General Series Portfolio Co /Tx)
Liability of Foreign Sub-Custodians. Each agreement pursuant to which the Custodian employs a foreign banking institution as a foreign sub-custodian shall require the institution to exercise reasonable care in the performance of its duties and to indemnify, and hold harmless, the Custodian and each Fund from and against any loss, damage, cost, expense,, liability or claim arising out of or in connection with the instltution's performance of such obligations. At the election of the
Appears in 1 contract
Samples: Custodian Contract (Merrill Lynch Strategic Dividend Fund)
Liability of Foreign Sub-Custodians. Each agreement pursuant to which the Custodian employs a foreign banking institution as a foreign sub-custodian shall require the institution to exercise reasonable care in the performance of its duties and to indemnify, and hold harmless, the Custodian and each Fund from and against any loss, damage, cost, expense,, liability or claim arising out of or in connection with the institution's performance of such obligations. At the election of the Fund, it shall be entitled to be subrogated to the rights of the Custodian with respect to any claims against
Appears in 1 contract
Samples: Custodian Contract (Van Kampen Dynamic Credit Opportunities Fund)
Liability of Foreign Sub-Custodians. Each agreement pursuant to ----------------------------------- which the Custodian or sub-custodian employs a foreign banking institution as a foreign sub-custodian shall require the institution to exercise reasonable care (which may be defined in such agreement according to the standards of the country of such foreign sub-custodian) in the performance of its duties and to indemnify, and hold harmless, the Custodian and each Fund or sub-custodian from and against any loss, damage, cost, expense,loss or liability arising out of or in connection with the institution's performance of such obligations.
Appears in 1 contract
Liability of Foreign Sub-Custodians. Each agreement pursuant to which the Custodian employs a foreign banking institution as a foreign sub-custodian shall require the institution to exercise reasonable care in the performance of its duties and to indemnify, and hold harmless, the Custodian and each the Fund from and against any loss, damage, cost, expense,, liability or claim arising out of or in connection with the institution's performance of such
Appears in 1 contract
