Timely Instructions. Company, or its Investment Adviser, as the case may be, shall be responsible for ensuring that Custodian receives timely, correct and complete Instructions to enable Custodian to effect settlement of any purchase of Securities or sale of Account Securities on the contract settlement date. If Custodian does not receive such Instructions within a reasonable time prior to the contract settlement date and Custodian notifies Company of the absence of such Instructions, Custodian shall have no liability of any kind to any Person for failing to effect settlement on the contract settlement date.
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Samples: Custodian Account Agreement (FBL Money Market Fund Inc), Custodian Account Agreement (FBL Variable Insurance Series Fund), Custodian Account Agreement (FBL Series Fund Inc)
Timely Instructions. Company, or its Investment Adviser, as the case may be, shall be responsible for ensuring that Custodian receives timely, correct and complete Instructions to enable Custodian to effect settlement of any purchase of Securities or sale of Account Securities on the contract settlement date. If Custodian does not receive such Instructions within a reasonable time prior to the contract settlement date and date, or if for any other reason Custodian notifies Company of the absence of is unable with reasonable diligence to effect settlement on such Instructionsdate, Custodian shall have no liability of any kind to any Person for failing to effect settlement on the contract settlement date.
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