Common use of Service Indemnifications; Survival Clause in Contracts

Service Indemnifications; Survival. Any indemnification provided to DTI by the Funds in connection with any service provided under this Agreement, including by way of illustration and not limitation, indemnifications provided in connection with Non-Standard Instructions and indemnifications contained in any agreements regarding Exception Procedures ("Service Indemnifications"), shall survive any termination of this Agreement. In addition, Sections 2(b), 4, 5, 7, 9(f), 11, and 12 and provisions necessary to the interpretation of such Sections and any Service Indemnifications and the enforcement of rights conferred by any of the foregoing shall survive any termination of this Agreement. In the event the Board of Directors/Trustees of a Fund authorizes a liquidation of the Fund or termination of this Agreement, DTI may require as a condition of any services provided in connection with such liquidation or termination that the Fund make provisions reasonably satisfactory to DTI for the satisfaction of contingent liabilities outstanding at the time of the liquidation or termination.

Appears in 34 contracts

Samples: Transfer Agency Agreement (Dreyfus Institutional Liquidity Funds), Transfer Agency Agreement (BNY Mellon Absolute Insight Funds, Inc.), Transfer Agency Agreement (Dreyfus BNY Mellon Funds, Inc.)

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Service Indemnifications; Survival. Any indemnification provided to DTI by the Funds parties in connection with any service provided under this the Agreement, including by way of illustration and not limitation, indemnifications provided in connection with Non-Standard Instructions and indemnifications contained in any agreements regarding Exception Non-Standard Procedures ("β€œService Indemnifications"”), shall survive any termination of this Agreement. In addition, Sections 2(b), 4, 5, 7, 9(d), 9(f), 9(g), 11, and 12 and provisions necessary to the interpretation of such Sections and any Service Indemnifications and the enforcement of rights conferred by any of the foregoing shall survive any termination of this Agreement. In the event the Board of Directors/Trustees of a the Fund authorizes a liquidation of the Fund or termination of this the Agreement, DTI BNYM may require as a condition of any services provided in connection with such liquidation or termination that the Fund make provisions reasonably satisfactory to DTI BNYM for the satisfaction of contingent liabilities outstanding at the time of the liquidation or termination.

Appears in 6 contracts

Samples: Transfer Agency and Shareholder Services Agreement (Touchstone Tax Free Trust), Transfer Agency and Shareholder Services Agreement (Touchstone Institutional Funds Trust), Transfer Agency and Shareholder Services Agreement (Touchstone Variable Series Trust)

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