Common use of Reliance on Information and Third Parties Clause in Contracts

Reliance on Information and Third Parties. In performing its services under this Agreement, Mellon may rely upon prices, holdings and other information provided by the Trust, Authorized Persons and any services or sources authorized by the Trust or that are customarily used by Mellon for such information; and Mellon shall be without liability or responsibility for any loss occasioned by such reliance.

Appears in 3 contracts

Samples: Administration and Accounting Services Agreement (Mellon Institutional Funds Investment Trust), Accounting Services Agreement (Mellon Institutional Funds Master Portfolio), Accounting Services Agreement (Mellon Institutional Funds Master Portfolio)

AutoNDA by SimpleDocs

Reliance on Information and Third Parties. In performing its services under this Agreement, Mellon may rely upon prices, holdings and other information provided by the Trust, Authorized Persons and any services or sources that are authorized by the Trust or that are customarily used by Mellon for such information; and . . While Mellon will take reasonable precautions to ensure that such information provided is accurate, Mellon shall be without liability or responsibility for any loss occasioned by such reliance. Due to the nature and source of information and the necessity of relying on various information sources, most of which are external to Mellon, Mellon shall have no liability for direct or indirect use of such information from third parties.

Appears in 1 contract

Samples: Accounting Services Agreement (Mellon Institutional Funds Investment Trust)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.