OTHER RELIANCE. The Custodian is authorized and instructed to rely upon the information that the Custodian receives from the Fund or any third party on behalf of the Fund. The Custodian shall have no responsibility to review, confirm or otherwise assume any duty with respect to the accuracy or completeness of any information supplied to it by or on behalf of any Fund The Custodian shall have no liability in respect of any loss, cost or expense incurred or sustained by the Fund arising from the performance of the Custodian’s duties hereunder in reliance upon records that were maintained for the Fund by any individual or organization, other than the Custodian, prior to the Custodian’s appointment as custodian hereunder. The Custodian shall be entitled to rely on and may act upon reasonable advice of reputable counsel (who may be counsel for the Fund) on all matters and shall be without liability for any good faith action reasonably taken or omitted pursuant to the advice in accordance with the Standard of Care. Unless otherwise agreed, the Custodian shall bear the cost of such advice of counsel.
Appears in 17 contracts
Samples: Master Custodian Agreement (T. Rowe Price Exchange-Traded Funds, Inc.), Master Custodian Agreement (T. Rowe Price Exchange-Traded Funds, Inc.), Master Custodian Agreement (T. Rowe Price Exchange-Traded Funds, Inc.)
OTHER RELIANCE. The Custodian is authorized and instructed to reasonably rely upon the information that the Custodian receives from the Fund or any authorized third party on behalf of the Fund. The Custodian shall have no responsibility to review, confirm or otherwise assume any duty with respect to the accuracy or completeness of any information supplied to it by or on behalf of any Fund Fund. The Custodian shall have no liability in respect of any loss, cost or expense incurred or sustained by the Fund arising from the performance of the Custodian’s duties hereunder in reliance upon records that were maintained for the Fund by any individual or organization, other than the Custodian, prior to the Custodian’s appointment as custodian hereunder. The Custodian shall be entitled to reasonably rely on and may act upon reasonable advice of reputable counsel (who may be counsel for the Fund) on all matters and shall be without liability for any good faith action reasonably taken or omitted pursuant to the advice in accordance with the Standard of Care. Unless otherwise agreedsuch advice, provided that the Custodian shall bear meets the cost standard of such advice of counselcare set forth in Section 14.1.
Appears in 12 contracts
Samples: Master Custodian Agreement (Federated Investment Series Funds Inc), Master Custodian Agreement (Federated High Yield Trust), Master Custodian Agreement (Federated Government Income Securities Inc)
OTHER RELIANCE. The Custodian is authorized and instructed to rely upon the information that the Custodian receives from the Fund or any third party on behalf of the Fund. The Custodian shall have no responsibility to review, confirm or otherwise assume any duty with respect to the accuracy or completeness of any information supplied to it by or on behalf of any Fund Fund. The Custodian shall have no liability in respect of any loss, cost or expense incurred or sustained by the Fund arising from the performance of the Custodian’s duties hereunder in reliance upon records that were maintained for the Fund by any individual or organization, other than the Custodian, prior to the Custodian’s appointment as custodian hereunder. The Custodian shall be entitled to rely on and may act upon reasonable advice of reputable counsel (who may be counsel for the Fund) on all matters and shall be without liability for any good faith action reasonably taken or omitted in good faith pursuant to the advice; provided, however, that with respect to the reliance on such reasonable advice in accordance with and the Standard performance of Care. Unless otherwise agreedany action or omission of any action upon such advice, the Custodian shall be required to conform to the standard of care set forth above. The Custodian and the applicable Funds shall mutually agree as to which entity will bear the cost of such advice of counsel.
Appears in 11 contracts
Samples: Master Custodian Agreement (BlackRock 2037 Municipal Target Term Trust), Master Custodian Agreement (Blackrock Municipal Income Fund, Inc.), Master Custodian Agreement (BlackRock Private Investments Fund)
OTHER RELIANCE. The Custodian is authorized and instructed to rely upon the information that the Custodian receives from the a Fund or any third party on behalf of the a Fund. The Custodian shall have no responsibility to review, confirm or otherwise assume any duty with respect to the accuracy or completeness of any information supplied to it by or on behalf of any Fund Fund. The Custodian shall have no liability in respect of any loss, cost or expense incurred or sustained by the a Fund arising from the performance of the Custodian’s duties hereunder in reliance upon records that were maintained for the a Fund by any individual or organization, other than the Custodian, prior to the Custodian’s appointment as custodian hereunder. The Custodian shall be entitled to rely on and may act upon reasonable advice of reputable counsel at the Custodian’s expense (who may be counsel for the a Fund) on all matters and shall be without liability for any good faith action reasonably taken or omitted pursuant to the advice in accordance advice; provided however, with respect to the Standard performance of Care. Unless otherwise agreedany action or omission of any action upon such advice, the Custodian shall bear be required to conform to the cost Standard of such advice of counselCare set forth in Section 14.1.
Appears in 6 contracts
Samples: Master Custodian Agreement (Aim Sector Funds (Invesco Sector Funds)), Master Custodian Agreement (Invesco Senior Loan Fund), Master Custodian Agreement (Aim Tax-Exempt Funds (Invesco Tax-Exempt Funds))
OTHER RELIANCE. The Custodian is authorized and instructed to rely upon the information that the Custodian receives from the Fund or any third party on behalf of the Fund. The Custodian shall have no responsibility to review, confirm or otherwise assume any duty with respect to the accuracy or completeness of any information supplied to it by or on behalf of any Fund Fund. The Custodian shall have no liability in respect of any loss, cost or expense incurred or sustained by the Fund arising from the performance of the Custodian’s duties hereunder in reliance upon records that were maintained for the Fund by any individual or organization, other than the Custodian, prior to the Custodian’s appointment as custodian hereunder. The Custodian shall be entitled to rely on and may act upon reasonable advice of reputable external counsel (who may be counsel for the Fund) on all matters and shall be without liability for any good faith action reasonably taken or omitted pursuant to the advice in good faith and in accordance with such advice. The Custodian and the Standard of Care. Unless otherwise agreed, the Custodian applicable Funds shall mutually agree as to which entity will bear the cost of such advice of counsel.
Appears in 4 contracts
Samples: Master Custodian Agreement (North Haven Private Income Fund LLC), Master Custodian Agreement (T Series Middle Market Loan Fund LLC), Master Custodian Agreement (SL Investment Corp.)
OTHER RELIANCE. The Custodian is authorized and instructed to rely upon the information that the Custodian receives from the Fund or any authorized third party on behalf of the Fund. The Custodian shall have no responsibility to review, confirm or otherwise assume any duty with respect to the accuracy or completeness of any information supplied to it by or on behalf of any Fund Fund. The Custodian shall have no liability in respect of any loss, cost or expense incurred or sustained by the Fund arising from the performance of the Custodian’s duties hereunder in reliance upon records that were maintained for the Fund by any individual or organization, other than the Custodian, prior to the Custodian’s appointment as custodian hereunder. The Custodian shall be entitled to rely on and may act upon reasonable advice of reputable counsel (who may be counsel for the Fund) on all matters and shall be without liability for any good faith action reasonably taken or omitted pursuant to the advice advice, except to the extent such action or omission to act is not taken in accordance with the Standard of Care. Unless otherwise agreed, the Custodian shall bear the cost of such advice of counsel.good faith..
Appears in 3 contracts
Samples: Master Custodian Agreement (Guardian Variable Products Trust), Master Custodian Agreement, Master Custodian Agreement (Guardian Variable Products Trust)
OTHER RELIANCE. The Custodian is authorized and instructed to rely upon the information that the Custodian receives from the Fund or any authorized third party on behalf of the Fund. The Except as otherwise agreed, the Custodian shall have no responsibility to review, confirm or otherwise assume any duty with respect to the accuracy or completeness of any information supplied to it by or on behalf of any Fund Fund. The Custodian shall have no liability in respect of any loss, cost or expense incurred or sustained by the Fund arising from the performance of the Custodian’s duties hereunder in reliance upon records that were maintained for the Fund by any individual or organization, other than the Custodian, prior to the Custodian’s appointment as custodian hereunder. The Custodian shall be entitled to rely on and may act upon reasonable advice of reputable outside counsel (who may be counsel for the Fund) on all matters and shall be without liability for any good faith action reasonably taken or omitted pursuant to the advice in accordance with the Standard of Careadvice. Unless otherwise agreed, the Custodian shall bear the cost of such advice of counsel.Information Classification: Limited Access
Appears in 2 contracts
Samples: Mutual Fund Custody & Services Agreement (Lincoln Funds Trust), Mutual Fund Custody & Services Agreement (Lincoln Funds Trust)
OTHER RELIANCE. The Custodian is authorized and instructed to rely upon the information that the Custodian receives from the Fund or any third party on behalf of the Fund. The Custodian shall have no responsibility to review, confirm or otherwise assume any duty with respect to the accuracy or completeness of any information supplied to it by or on behalf of any Fund Fund. The Custodian shall have no liability in respect of any loss, cost or expense incurred or sustained by the Fund arising from the performance of the Custodian’s duties hereunder in reliance upon records that were maintained for the Fund by any individual or organization, other than the Custodian, prior to the Custodian’s appointment as custodian hereunder. The Custodian shall be entitled to rely on and may act upon reasonable advice of reputable counsel at the Custodian’s expense (who may be counsel for the Fund) on all matters and shall be without liability for any good faith action reasonably taken or omitted pursuant to the advice in accordance advice; provided however, with respect to the Standard performance of Care. Unless otherwise agreedany action or omission of any action upon such advice, the Custodian shall bear be required to conform to the cost standard of such advice of counselcare set forth in Section 14.1.
Appears in 2 contracts
Samples: Master Custodian Agreement (Franklin Templeton ETF Trust), Master Custodian Agreement (Franklin Templeton ETF Trust)
OTHER RELIANCE. The Custodian is authorized and instructed to rely upon the information that the Custodian receives from the Fund or any authorized third party on behalf of the Fund. The Except as otherwise agreed, the Custodian shall have no responsibility to review, confirm or otherwise assume any duty with respect to the accuracy or completeness of any information supplied to it by or on behalf of any Fund Fund. The Custodian shall have no liability in respect of any loss, cost or expense incurred or sustained by the Fund arising from the performance of the Custodian’s duties hereunder in reliance upon records that were maintained for the Fund by any individual or organization, other than the Custodian, prior to the Custodian’s appointment as custodian hereunder. The Custodian shall be entitled to rely on and may act upon reasonable advice of reputable outside counsel (who may be counsel for the Fund) on all matters and shall be without liability for any good faith action reasonably taken or omitted pursuant to the advice in accordance with the Standard of Care. Unless otherwise agreed, the Custodian shall bear the cost of such advice of counseladvice.
Appears in 1 contract
Samples: Mutual Fund Custody & Services Agreement (Lincoln Variable Insurance Products Trust)