Common use of Unclaimed Property Services Clause in Contracts

Unclaimed Property Services. (i) Subject to the further provisions of this Section 3(a)(8), DTI shall employ commercially reasonable measures on behalf of a Fund to comply with the unclaimed property laws and regulations of the United States (as defined below) ("Unclaimed Property Laws") with respect to Eligible Property (as defined below). In connection with its performance of the foregoing services ("Unclaimed Property Services"), DTI and its contractors and subcontractors shall be entitled to rely on the advice of counsel with respect to the unclaimed property laws and shall not be liable for conduct undertaken in accordance with such advice. For purposes of the foregoing:

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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