Common use of Non-Fiduciary Status Clause in Contracts

Non-Fiduciary Status. Customer hereby acknowledges and agrees that BNY Mellon is not a fiduciary by virtue of accepting and carrying out its obligations under this Agreement and has not accepted any fiduciary duties, responsibilities or liabilities with respect to its services hereunder, including with respect to the management, investment advisory or sub-advisory functions of Customer.

Appears in 45 contracts

Samples: Custody Agreement (Federated Hermes ETF Trust), Custody Agreement (Federated Hermes ETF Trust), Custody Agreement (21Shares Core Ethereum ETF)

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Non-Fiduciary Status. Each Customer hereby acknowledges and agrees that BNY Mellon is not a fiduciary by virtue of accepting and carrying out its obligations under this Agreement and has not accepted any fiduciary duties, responsibilities or liabilities with respect to its services hereunder, including with respect to the management, investment advisory or sub-advisory functions of any Customer.

Appears in 13 contracts

Samples: Custody Agreement (Pioneer Series Trust X), Custody Agreement (Pioneer Fund /Ma/), Custody Agreement (Pioneer Real Estate Shares)

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Non-Fiduciary Status. Customer hereby acknowledges and agrees that BNY Mellon is not a fiduciary by virtue of accepting and carrying out its obligations under this Agreement and has not accepted Table of Contents any fiduciary duties, responsibilities or liabilities with respect to its services hereunder, including with respect to the management, investment advisory or sub-advisory functions of Customer.

Appears in 1 contract

Samples: Custody Agreement (Manulife Private Credit Fund)

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