Common use of Reliance on Information Clause in Contracts

Reliance on Information. (a) In the course of discharging its duties under any Service Module, State Street may act in reasonable reliance on the data and information provided to it by or on behalf of a BTC Recipient or by any persons authorized by a BTC Recipient including, without limitation, any Third-Party Providers or Authorized Data Sources. (b) State Street will perform certain reconciliations, variance or tolerance checks or other specific forms of data review: (i) as specified in a Service Module; and (ii) in a manner consistent with all applicable procedures of State Street, including as set forth in the then-current Relationship Management Manual. Except as provided in the preceding sentence, State Street will have no responsibility for, or duty to review, verify or otherwise perform any investigation as to the completeness, accuracy or sufficiency of any data or information provided by any BTC Recipient, any persons authorized by any BTC Recipient or any Third-Party Providers, including, without limitation, any Authorized Data Sources, Authorized Designees, or Authorized Persons. State Street will promptly notify the relevant BTC Recipient if it becomes aware that any information received by it is incomplete, inaccurate or insufficient in a material respect or is reasonably likely to give rise to a Loss or in the event of a failure or delay by any person to provide information required by State Street to discharge its duties under any Service Module.

Reliance on Information. (a) In the course of discharging its duties under any Service Module, State Street may act in reasonable reliance on the data and information provided to it by or on behalf of a BTC BFA Recipient or by any persons authorized by a BTC BFA Recipient including, without limitation, any Third-Party Providers or Authorized Data Sources. (b) State Street will perform certain reconciliations, variance or tolerance checks or other specific forms of data review: (i) as specified in a Service Module; and (ii) in a manner consistent with all applicable procedures of State Street, including as set forth in the then-current Relationship Management Manual. Except as provided in the preceding sentence, State Street will have no responsibility for, or duty to review, verify or otherwise perform any investigation as to the completeness, accuracy or sufficiency of any data or information provided by any BTC BFA Recipient, any persons authorized by any BTC BFA Recipient or any Third-Party Providers, including, without limitation, any Authorized Data Sources, Authorized Designees, or Authorized Persons. State Street will promptly notify the relevant BTC BFA Recipient if it becomes aware that any information received by it is incomplete, inaccurate or insufficient in a material respect or is reasonably likely to give rise to a Loss or in the event of a failure or delay by any person to provide information required by State Street to discharge its duties under any Service Module.

Reliance on Information. (a) In the course of discharging its duties under any Service Module, State Street may act in reasonable reliance on the data and information provided to it by or on behalf of a BTC BGI Recipient or by any persons authorized by a BTC BGI Recipient including, without limitation, any Third-Party Providers or Authorized Data Sources. (b) State Street will perform certain reconciliations, variance or tolerance checks or other specific forms of data review: (i) as specified in a Service Module; and (ii) in a manner consistent with all applicable procedures of State Street, including as set forth in the then-current Relationship Management Manual. Except as provided in the preceding sentence, State Street will have no responsibility for, or duty to review, verify or otherwise perform any investigation as to the completeness, accuracy or sufficiency of any data or information provided by any BTC BGI Recipient, any persons authorized by any BTC BGI Recipient or any Third-Party Providers, including, without limitation, any Authorized Data Sources, Authorized Designees, or Authorized Persons. State Street will promptly notify the relevant BTC BGI Recipient if it becomes aware that any information received by it is incomplete, inaccurate or insufficient in a material respect or is reasonably likely to give rise to a Loss or in the event of a failure or delay by any person to provide information required by State Street to discharge its duties under any Service Module.

Reliance on Information. (a) In the course of discharging its duties under any Service Module, State Street may act in reasonable reliance on the data and information provided to it by or on behalf of a BTC Recipient or by any persons authorized by a BTC Recipient including, without limitation, any Third-Party Providers or Authorized Data Sources. (b) State Street will perform certain reconciliations, variance or tolerance checks or other specific forms of data review: (i) as specified in a Service Module; and (ii) in a manner consistent with all applicable procedures of State Street, including as set forth in the then-current Relationship Management Manual. Except as provided in the preceding sentence, State Street Master Services Agreement 17 BTC | Xxxxx Xxxxxx Xxxxx Xxxxxx will have no responsibility for, or duty to review, verify or otherwise perform any investigation as to the completeness, accuracy or sufficiency of any data or information provided by any BTC Recipient, any persons authorized by any BTC Recipient or any Third-Party Providers, including, without limitation, any Authorized Data Sources, Authorized Designees, or Authorized Persons. State Street will promptly notify the relevant BTC Recipient if it becomes aware that any information received by it is incomplete, inaccurate or insufficient in a material respect or is reasonably likely to give rise to a Loss or in the event of a failure or delay by any person to provide information required by State Street to discharge its duties under any Service Module.