Common use of Terms of Appointment/Duties of Price Associates Clause in Contracts

Terms of Appointment/Duties of Price Associates. 1. Subject to the terms and conditions set forth in this Agreement, the Fund hereby employs and appoints Price Associates to provide, and Price Associates agrees to provide, the services set forth in Exhibits B1 and B2 which include, among other things, services that do not constitute BNY Mellon Services as well as oversight of BNY Mellon, Delegates (defined herein), and other service providers that may be appointed by the Fund from time to time (“Services”). 2. In rendering the Services required under this Agreement, Price Associates may, consistent with applicable law from time to time, employ, sub-contract, delegate, or associate with itself such affiliated or unaffiliated person or persons as it believes reasonably necessary to assist it in carrying out its obligations under this Agreement (“Delegates”) without the consent or approval of the Fund. Price Associates shall remain liable to the Fund, and the Fund shall be liable to Price Associates, for the performance of such obligations hereunder, to the extent specified in this Agreement.

Appears in 35 contracts

Samples: Agreement for Fund Accounting and Related Administrative Services (T. Rowe Price U.S. Treasury Funds, Inc.), Agreement for Fund Accounting and Related Administrative Services (T. Rowe Price Institutional Income Funds, Inc.), Agreement for Fund Accounting and Related Administrative Services (T. Rowe Price Retirement Funds, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!