Common use of MIFT Clause in Contracts

MIFT. The Client expressly acknowledges that it is aware that a MIFT increases the risk of error, security, privacy issues and fraudulent activities. If the Custodian acts on a MIFT and complies with the applicable security procedures, the Client shall be responsible for any costs, losses and other expenses suffered by the Client or the Custodian.

Appears in 17 contracts

Samples: Custodial Services Agreement (Diameter Credit Co), Custodial Services Agreement (Schwab Annuity Portfolios), Custodial Services Agreement (Schwab Investments)

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MIFT. The Client expressly acknowledges that it is aware that a MIFT increases the risk of error, security, privacy issues and fraudulent activities. If the Custodian Service Provider acts on a MIFT and complies with the applicable security procedures, the Client shall be responsible for any costs, losses and other expenses suffered by the Client or the CustodianService Provider.

Appears in 9 contracts

Samples: Services Agreement (ETF Opportunities Trust), Services Agreement (Emles Trust), Services Agreement (ETF Opportunities Trust)

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