Mitigation Measures. Each party shall take commercially reasonable measures (except measures causing it to incur out-of-pocket expenses which the other party does not agree in advance to reimburse) to mitigate losses or potential losses, including taking verification, validation and reconciliation measures that are commercially reasonable or standard practice.
Appears in 6 contracts
Samples: Transfer Agency and Shareholder Services Agreement (Touchstone Tax Free Trust), Transfer Agency and Shareholder Services Agreement (Touchstone Institutional Funds Trust), Transfer Agency and Shareholder Services Agreement (Touchstone Variable Series Trust)
