STANDARD OF CARE AS FOREIGN CUSTODY MANAGER. The Foreign Custody Manager agrees to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of the Foreign Assets would exercise, in performing the delegated responsibilities.
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Samples: Master Custodian Agreement (Rivernorth Opportunities Fund, Inc.), Master Custodian Agreement (RiverNorth Specialty Finance Corp), Master Custodian Agreement (RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.)
STANDARD OF CARE AS FOREIGN CUSTODY MANAGER. The Foreign Custody Manager agrees to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of assets of management investment companies registered under the Foreign Assets 1940 Act would exercise, in performing the delegated responsibilities.
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Samples: Master Custodian Agreement (O'Connor Fund of Funds: Masters)
STANDARD OF CARE AS FOREIGN CUSTODY MANAGER. The In performing the ------------------------------------------- responsibilities delegated to it, the Foreign Custody Manager agrees to exercise reasonable care, prudence and diligence such as a person having responsibility for the safekeeping of assets of management investment companies registered under the Foreign Assets 1940 Act would exercise, in performing the delegated responsibilities.
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