Representations of the Custodian. The Custodian hereby represents and warrants to the Fund that: (a) it is qualified to act as a custodian pursuant to Section 26(a)(1) of the 1940 Act; (b) it has the power and authority to enter into and perform its obligations under this Agreement; (c) it has duly authorized and executed this Agreement so as to constitute its valid and binding obligations; and (d) that it maintains business continuity policies and standards that include data file backup and recovery procedures that comply with all applicable regulatory requirements.
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Samples: Custody Agreement (RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.), Custody Agreement (First Trust Alternative Opportunities Fund), Custody Agreement (First Capital Investment Corp)
Representations of the Custodian. The Custodian hereby represents and warrants to the Fund that:
(a) it is qualified to act as a custodian pursuant to Section Sections 17(f) and 26(a)(1) of the 1940 Act;
(b) it has the power and authority to enter into and perform its obligations under this Agreement;
(c) it has duly authorized and executed this Agreement so as to constitute its valid and binding obligations; and
(d) that it maintains business continuity policies and standards that include data file backup and recovery procedures that comply with all applicable regulatory requirements.
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