RELIANCE ON BORROWERS' STATEMENTS, REPRESENTATIONS AND WARRANTIES. 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), Securities Lending Authorization Agreement (Touchstone ETF Trust)
RELIANCE ON BORROWERS' STATEMENTS, REPRESENTATIONS AND WARRANTIES. Provided that it acts with reasonable care 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 and Guaranty (RevenueShares ETF Trust)
