Limitation of Delegation. The Funds and the Bank acknowledge and agree that in accepting their duties hereunder, they are agreeing to perform only those aspects of the other parties AML Program as specified in Section 1 above. The Funds and the Bank are not undertaking and shall not be responsible for any other aspect of a party’s AML Program or for a party’s overall compliance with the USA PATRIOT Act.
Limitation of Delegation. The Trust acknowledges and agrees that in accepting the delegation hereunder, the Distributor is agreeing to perform only those aspects of the Trust’s AML Program relating to the implementation and operation of customer accounts as specified in Section 1 above that have been expressly delegated hereby and is not undertaking and shall not be responsible for any other aspect of the Trust’s AML Program or for the overall compliance by the Trust with the USA Patriot Act.
Limitation of Delegation. The Trust acknowledges and agrees that in accepting the delegation hereunder, DSI is agreeing to perform only those aspects of the Trust's AML Program relating to the implementation and operation of customer accounts as specified in Section 1 above that have been expressly delegated hereby and is not undertaking and shall not be responsible for any other aspect of the Trust's AML Program or for the overall compliance by the Trust with the USA Patriot Act.
Limitation of Delegation. The Fund acknowledges and agrees that in accepting the delegation hereunder, the Distributor is agreeing to perform only those aspects of the Fund’s AML Program relating to the implementation and operation of customer accounts as specified in Section 1 above that have been expressly delegated hereby and is not undertaking and shall not be responsible for any other aspect of the Fund’s AML Program or for the overall compliance by the Fund with the USA Patriot Act.
Limitation of Delegation. The Trust acknowledges and agrees that in accepting the delegation hereunder, the Bank is agreeing to perform only those aspects of the Trust's AML Program relating to the customer accounts as specified in Sections 1.2 and 2 above and the Bank is not undertaking and shall not be responsible for any other aspect of the Trust's AML Program or for the overall compliance by the Trust with the USA PATRIOT Act.
Limitation of Delegation. The Fund acknowledges and agrees that in accepting the delegation hereunder, the Bank is agreeing to perform only those aspects of the Fund’s AML Program as specified in Section 1.5 above, and the Bank is not undertaking and shall not be responsible for any other aspect of the Fund’s AML Program or for the overall compliance by the Fund with the USA PATRIOT Act. This Amendment applies solely to the matters discussed herein. In all other regards, the terms and provisions of the Agreement shall continue to apply with full force and effect. Each party represents to the other that the execution and delivery of this Amendment has been duly authorized.
Limitation of Delegation. The Fund and the Bank acknowledge and agree that in accepting their delegations
Limitation of Delegation. To the extent that this Agreement constitutes a delegation of authority by the County, this Agreement shall not be construed to delegate any authority other than the authority to provide the services described in this Agreement, consistent with the terms and provisions of this Shared Services Agreement. Neither County nor Municipality intends by this Agreement to create any agency relationship other than that which may be specifically required by the Shared Services Agreement Act for the limited purpose of the provision of service by the County pursuant to this Agreement.
Limitation of Delegation. To the extent that this Agreement constitutes a delegation of authority by the MTMUA to Township, this Agreement shall not be construed to delegate any authority other than the authority to conduct the operation and activities related to a payroll clerk on a cooperative basis. Neither the Township nor MTMUA intends by this Agreement to create any agency relationship other than that which may be specifically required by the Shared Services Agreement Act for the limited purpose of performing the obligations pursuant to the Agreement.
Limitation of Delegation. The Company acknowledges and agrees that in accepting the delegation hereunder, the Bank is agreeing to perform only those aspects of the Company’s AML Program as specified in this Section 3.2, and the Bank is not undertaking and shall not be responsible for any other aspect of the Company’s AML Program or for the overall compliance by the Company with the USA PATRIOT Act. This Amendment applies solely to the matters discussed herein. In all other regards, the terms and provisions of the Agreement shall continue to apply with full force and effect. Each party represents to the other that the execution and delivery of this Amendment has been duly authorized. This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original, but such counterparts shall, together, constitute only one instrument.
