Unclaimed Property Services. (1) Subject to the further provisions of this Section 3(e) and to Sections 9(f) and 19(c), BNYM shall employ commercially reasonable measures to comply on behalf of a Fund with the unclaimed property laws and regulations of the States and Territories 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”), BNYM and its subcontractors shall be entitled to rely on the written 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 6 contracts
Samples: Transfer Agency and Shareholder Services Agreement (Touchstone Tax Free Trust), Transfer Agency and Shareholder Services Agreement (Touchstone Variable Series Trust), Transfer Agency and Shareholder Services Agreement (Touchstone Institutional Funds Trust)
Unclaimed Property Services. (1A) Subject to the further provisions of this Section 3(e3(c) and to Sections 9(f) and 19(c), BNYM shall employ commercially reasonable measures to comply on behalf of a Fund with the unclaimed property laws and regulations of the States and Territories of the United States (as defined below) (“Unclaimed Property Laws”"UNCLAIMED PROPERTY LAWS") with respect to Eligible Property (as defined below). In connection with its performance of the foregoing services (“Unclaimed Property Services”"UNCLAIMED PROPERTY SERVICES"), BNYM and its subcontractors shall be entitled to rely on the written 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 2 contracts
Samples: Transfer Agency and Shareholder Services Agreement (First Trust Variable Insurance Trust), Transfer Agency and Shareholder Services Agreement (First Trust Variable Insurance Trust)
Unclaimed Property Services. (1A) Subject to the further provisions of this Section 3(e3(a)(15) and to Sections 9(f) and 19(c), BNYM shall employ commercially reasonable measures to comply on behalf of a Fund with the unclaimed property laws and regulations of the States and Territories 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”), BNYM and its subcontractors shall be entitled to rely on the written 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 2 contracts
Samples: Transfer Agency and Shareholder Services Agreement (BlackRock Multi-Sector Opportunities Trust II), Transfer Agency and Shareholder Services Agreement (BlackRock Series Fund, Inc.)
