Responsibilities of the Parties; Indemnification; Warranties and Disclaimers Sample Clauses
Responsibilities of the Parties; Indemnification; Warranties and Disclaimers a. The Trust agrees that it shall be solely responsible for any decision made or action taken in reliance on the compliance testing results, reports, forms or other data or information included in the Money Market Services provided by the Administrator.
b. The Parties acknowledge that the Administrator is required to rely upon data provided by the Trust or third parties (“Data”) in providing the Money Market Services. The Administrator does not own the Data, has not developed the Data, does not control the Data, and has not, and will not make any inquiry into the accuracy of any Data. Without limiting the foregoing, to the extent applicable, the Administrator will not be liable for any delays in the transmission of Forms N-MFP, Forms N-CR, reports, market-based NAVs, shareholder inflows/outflows, daily and weekly liquid assets, affiliate sponsor support flows, portfolio holdings or transmission of Data or inaccuracies of, errors in or omission of, Data in connection with the provision of the Money Market Services in each case provided by the Trust or any other third party.
c. To the extent applicable, the Trust represents and warrants to the Administrator that it has the necessary licenses from each nationally recognized statistical ratings organization whose ratings are set forth in its Forms N-MFP as contemplated hereby.
d. To the extent applicable, the Trust is solely responsible for determining and immediately notifying in writing the Administrator of the occurrence of one or more triggering events causing a filing on Form N-CR. The Trust is solely responsible for accurately and timely supplying the Administrator, or causing third parties to accurately and timely supply the Administrator, with all data, information and signatures in respect of each Trust that is required in order for the Administrator to file each Form N-CR, whether or not such information is specifically requested by the Administrator. The Administrator shall be without liability if the Administrator has not received by the submission deadline communicated by the Administrator to the Trust all of the Data, information and signatures it requires to submit such Form N-CR filing.
e. To the extent applicable, the Trust acknowledges that it shall be the Trust’s responsibility to retain for the periods prescribed by Rule 2a-7 (i) the compliance testing results and reports produced by the Administrator; (ii) its Forms N-MFP and Forms N-CR produced by the Administrator; and (iii) information ...
Responsibilities of the Parties; Indemnification; Warranties and Disclaimers. 5.1 State Street shall be entitled to rely on and may act upon advice of counsel of the Funds on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice.
5.2 The Funds acknowledge that the Services shall be used to assist the Portfolios to comply with their obligations under Rules 2a-7 and Rule 30b1-7. The Funds acknowledge that they and/or their respective Board(s) shall be responsible for designing appropriate stress testing systems for the Portfolios, including, but not limited to, the stress test applied, the assumptions used in each stress test and the data sources for each stress test, and for determining the appropriate intervals at which stress tests should be conducted. The Funds acknowledge that the Portfolios’ investment adviser(s) or subadviser(s) shall have the responsibility of assessing the Portfolios’ ability to withstand the events that are reasonably likely to occur within the following year. The Funds acknowledge that they shall be solely responsible for any decision made or action taken in reliance on the stress testing reports or other data or information included in the Services provided by State Street.
5.3 The Funds represent and warrant to State Street that, if applicable, each Fund has any necessary licenses from each nationally recognized statistical ratings organization whose ratings may be required to be set forth in its Forms N-MFP as contemplated hereby.
5.4 The Funds acknowledge that it shall be their responsibility to retain for the periods prescribed by Rule 2a-7 or other applicable regulations, (i) the stress testing reports produced by State Street; (ii) the Forms N-MFP produced by State Street; and (iii) the portfolio holdings information on their website.
5.5 The Parties acknowledge that State Street is required to rely upon data provided by the Funds or third parties (“Data”) in providing the Services. State Street does not own the Data, has not developed the Data, does not control the Data, and has not, and will not make any inquiry into the accuracy of any Data. Without limiting the foregoing or the standard of care set out in Sections 5.7 and 5.8, State Street will not be liable for any delays in the transmission of reports, Forms N-MFP, portfolio holdings information or transmission of Data or inaccuracies of, or errors in or omission of, Data in connection with the provision of the Services in each case provided by the Funds or any other third party. Except a...
Responsibilities of the Parties; Indemnification; Warranties and Disclaimers a. The Fund agrees that it shall be solely responsible for any decision made or action taken in reliance on the compliance testing results, reports, forms or other data or information included in the Money Market Services provided by the Administrator.
b. The Parties acknowledge that the Administrator is required to rely upon data provided by the Fund or third parties (“Data”) in providing the Money Market Services. The Administrator does not own the Data, has not developed the Data, does not control the Data, and has not, and will not make any inquiry into the accuracy of any Data. Without limiting the foregoing, the Administrator will not be liable for any delays in the transmission of Forms N-MFP, Forms N-CR, reports, market-based NAVs, daily and weekly liquid assets, affiliate sponsor support flows, portfolio holdings or transmission of Data or inaccuracies of, errors in or omission of, Data in connection with the provision of the Money Market Services in each case provided by the Fund or any other third party. Except as explicitly set forth in this Schedule B5 and B5(i), the Administrator shall assume no liability to the Fund of any kind or nature whatsoever in relation to this Agreement or the Money Market Services.
c. The Fund represents and warrants to the Administrator that it has the necessary licenses from each nationally recognized statistical ratings organization whose ratings are set forth in its Forms N-MFP as contemplated hereby.
d. The Fund is solely responsible for determining and immediately notifying in writing the Administrator of the occurrence of one or more triggering events causing a filing on Form N-CR. The Fund is solely responsible for accurately and timely supplying the Administrator, or causing third parties to accurately and timely supply the Administrator, with all data, information and signatures in respect of each Fund that is required in order for the Administrator to file each Form N-CR, whether or not such information is specifically requested by the Administrator. The Administrator shall be without liability if the Administrator has not received by the submission deadline communicated by the Administrator to the Fund all of the Data, information and signatures it requires to submit such Form N-CR filing.
e. The Fund acknowledges that it shall be the Fund’s responsibility to retain for the periods prescribed by Rule 2a-7 (i) the compliance testing results and reports produced by the Administrator; (ii) its Forms N-MFP a...
Responsibilities of the Parties; Indemnification; Warranties and Disclaimers a. The Fund agrees that it shall be solely responsible for any decision made or action taken in reliance on the compliance testing results, reports, forms or other data or information included in the Money Market Services provided by the Custodian.
b. The Parties acknowledge that the Custodian is required to rely upon data provided by the Fund or third parties (“Data”) in providing the Money Market Services. The Custodian does not own the Data, has not developed the Data, does not control the Data, and has not, and will not make any inquiry into the accuracy of any Data. Without limiting the foregoing, the Custodian will not be liable for any delays in the transmission of Forms N-MFP, Forms N-CR, reports, market-based NAVs, daily and weekly liquid assets, affiliate sponsor support flows, portfolio holdings or transmission of Data or inaccuracies of, errors in or omission of, Data in connection with the provision of the Money Market Services in each case provided by the Fund or any other third party. Except as explicitly set forth in this Schedule G and G(i), the Custodian shall assume no liability to the Fund of any kind or nature whatsoever in relation to the Money Market Services.
c. The Fund represents and warrants to the Custodian that it has the necessary licenses from each nationally recognized statistical ratings organization whose ratings are set forth in its Forms N-MFP as contemplated hereby.
d. The Fund is solely responsible for determining and immediately notifying in writing the Custodian of the occurrence of one or more triggering events causing a filing on Form N-CR. The Fund is solely responsible for accurately and timely supplying the Custodian, or causing third parties to accurately and timely supply the Custodian, with all data, information and signatures in respect of each Fund that is required in order for the Custodian to file each Form N-CR, whether or not such information is specifically requested by the Custodian. The Custodian shall be without liability if the Custodian has not received by the submission deadline communicated by the Custodian to the Fund all of the Data, information and signatures it requires to submit such Form N-CR filing.
e. The Fund acknowledges that it shall be the Fund’s responsibility to retain for the periods prescribed by Rule 2a-7 (i) the compliance testing results and reports produced by the Custodian; (ii) its Forms N-MFP and Forms N-CR produced by the Custodian; and (iii) information prepared by the C...