Common use of RELIANCE ON BORROWERS' STATEMENTS, REPRESENTATIONS AND WARRANTIES Clause in Contracts

RELIANCE ON BORROWERS' STATEMENTS, REPRESENTATIONS AND WARRANTIES. Provided that it acts with reasonable care, Bank shall be entitled to rely upon the most recently available audited and unaudited statements of financial condition and representations and warranties made by Borrowers, and Bank shall not be liable for any loss or damage suffered as a result of any such reliance.

Appears in 24 contracts

Samples: Securities Lending Agreement (Voya Enhanced Securitized Income Fund), Securities Lending Agreement, Securities Lending Agreement (ING Emerging Markets High Dividend Equity Fund)

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RELIANCE ON BORROWERS' STATEMENTS, REPRESENTATIONS AND WARRANTIES. Provided that it acts with reasonable care, Bank shall be entitled to rely upon the most recently available audited and unaudited statements of financial condition and representations and warranties made by Borrowers, and Bank shall not be liable for any loss or damage suffered as a result of any such reliance.

Appears in 13 contracts

Samples: Securities Lending Authorization Agreement (IndexIQ Active ETF Trust), Securities Lending Authorization Agreement (IndexIQ Active ETF Trust), Third Party Securities Lending Authorization Agreement (Touchstone ETF Trust)

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RELIANCE ON BORROWERS' STATEMENTS, REPRESENTATIONS AND WARRANTIES. Provided that it acts with reasonable carecare and in accordance with the terms of this Agreement, Bank shall be entitled to rely upon the most recently available audited and unaudited statements of financial condition and representations and warranties made by Borrowers, and Bank shall not be liable for any loss or damage suffered as a result of any such reliance.

Appears in 1 contract

Samples: Securities Lending Agreement (RevenueShares ETF Trust)

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