Common use of Risk Mitigation Clause in Contracts

Risk Mitigation. State Street shall use commercially reasonable efforts to manage, control and remediate any threats identified in the Risk Assessments that it believes are likely to result in material unauthorized access, copying, use, processing, disclosure, alteration, transfer, loss or destruction of Client Data, consistent with the Objective, and commensurate with the sensitivity of the Client Data and the complexity and scope of the activities of State Street pursuant to the Agreement.

Appears in 17 contracts

Samples: Custody Agreement (Diamond Hill Securitized Credit Fund), Sub Administration Agreement (Varagon Capital Corp.), Custodian Agreement (Nuveen Dynamic Municipal Opportunities Fund)

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Risk Mitigation. State Street shall use commercially reasonable efforts to manage, control and remediate any threats identified in the Risk Assessments that it believes are likely to result in material unauthorized access, copying, use, processing, disclosure, alteration, transfer, loss or destruction of Client Funds’ Data, consistent with the Objective, and commensurate with the sensitivity of the Client Funds’ Data and the complexity and scope of the activities of State Street pursuant to the Agreement.

Appears in 2 contracts

Samples: Securities Lending Authorization Agreement (Nuveen Municipal Trust/Ma), Securities Lending Authorization Agreement (Nuveen Multistate Trust Ii /Ma/)

Risk Mitigation. State Street shall use commercially reasonable efforts to manage, control and remediate any threats identified in the Risk Assessments that it believes are likely to result in material unauthorized access, copying, use, processing, disclosure, alteration, transfer, loss or destruction of Client MFS Data, consistent with the Objective, and commensurate with the sensitivity of the Client MFS Data and the complexity and scope of the activities of State Street pursuant to the Agreement.

Appears in 1 contract

Samples: Supplemental Agreement (MFS Series Trust I)

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Risk Mitigation. State Street shall use commercially reasonable efforts to manage, control and remediate any threats identified in any of the Risk Assessments that it believes are likely to result in material unauthorized access, copying, use, processing, disclosure, alteration, transfer, loss or destruction of Client Data, consistent with the Objective, and Fund Data commensurate with the sensitivity of the Client Fund Data and the complexity and scope of the activities of State Street pursuant necessary for or related to the Agreementperformance of Services by State Street.

Appears in 1 contract

Samples: Master Custodian Agreement (Eaton Vance Series Fund, Inc)

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