Common use of SERVICE LEVEL DOCUMENTS Clause in Contracts

SERVICE LEVEL DOCUMENTS. The Client and the Custodian may from time to time, in good faith, agree on certain performance measures by which the Custodian is expected to provide the services contemplated by this Agreement (“Service Level Documents”). The Service Level Documents are designed to provide metrics and other information which may be utilized by the parties to help measure performance. The parties agree Service Level Documents reflect performance measures as opposed to specific contractual obligations. Notwithstanding, the parties agree that (a) the Custodian’s inability to achieve such performance measures may give rise to grounds for termination pursuant to Clause 17; and (b) the Custodian’s performance and/or non-performance of the services, separate and apart from the performance measures in the Service Lxxxx Documents, may give rise to any remedies in tort or contract that the Client may assert against Custodian under the terms of this Agreement.

Appears in 2 contracts

Samples: Custodial Services Agreement (Schwab Investments), Custodial Services Agreement (Schwab Capital Trust)

AutoNDA by SimpleDocs

SERVICE LEVEL DOCUMENTS. The Client and the Custodian may from time to time, in good faith, agree on certain performance measures by which the Custodian is expected to provide the services contemplated by this Agreement (“Service Level Documents”). The Service Level Documents are designed to provide metrics and other information which may be utilized by the parties to help measure performance. The parties agree Service Level Documents reflect performance measures as opposed to specific contractual obligations. Notwithstanding, the parties agree that (a) the Custodian’s inability to achieve such performance measures may give rise to grounds for termination pursuant to Clause 17; and (b) the Custodian’s performance and/or non-performance of the services, separate and apart from the performance measures in the Service Lxxxx Level Documents, may give rise to any remedies in tort or contract that the Client may assert against Custodian under the terms of this Agreement.

Appears in 1 contract

Samples: Custodial Services Agreement (Schwab Annuity Portfolios)

AutoNDA by SimpleDocs

SERVICE LEVEL DOCUMENTS. The Client Fund and the Custodian may from time to time, in good faith, agree on certain performance measures by which the Custodian is expected to provide the services contemplated by this Agreement (“Service Level Documents”). The Service Level Documents are designed to provide metrics and other information which may be utilized by the parties to help measure performance. The parties agree Service Level Documents reflect performance measures as opposed to specific contractual obligations. Notwithstanding, the parties agree that (a) the Custodian’s inability to achieve such performance measures may give rise to grounds for termination pursuant to Clause 17Section 16; and (b) the Custodian’s performance and/or non-performance of the services, separate and apart from the performance measures in the Service Lxxxx Level Documents, may give rise to any remedies in tort or contract that the Client Fund may assert against Custodian under the terms of this Agreement.

Appears in 1 contract

Samples: Master Custodian Agreement (Schwab Strategic Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.