USE OF FUND/SERV AND NETWORKING. The Trust has authorized or in the future may authorize OFS to act as a "Mutual Fund Services Member" for the Trust or various Funds and Classes. Fund/SERV and Networking are services sponsored by the National Securities Clearing Trust ("NSCC") and as used herein have the meanings as set forth in the then current edition of NSCC RULES AND PROCEDURES published by NSCC or such other similar publication as may exist from time to time. The Trust shall indemnify and hold OFS harmless from and against any and all losses, damages, costs, charges, reasonable counsel fees, payments, expenses and liability arising directly or indirectly out of or attributed to any action or failure or omission to act by NSCC.
Appears in 2 contracts
Samples: Transfer Agency Service Agreement (Advisors Series Trust), Transfer Agency Service Agreement (Saratoga Advantage Trust)
USE OF FUND/SERV AND NETWORKING. The Trust has authorized or in the future may authorize OFS GFS to act as a "“Mutual Fund Services Member" ” for the Trust or various Funds and Classes. Fund/SERV and Networking are services sponsored by the National Securities Clearing Trust ("“NSCC"”) and as used herein have the meanings as set forth in the then current edition of NSCC RULES AND PROCEDURES published by NSCC or such other similar publication as may exist from time to time. The Trust shall indemnify and hold OFS GFS harmless from and against any and all losses, damages, costs, charges, reasonable counsel fees, payments, expenses and liability arising directly or indirectly out of or attributed to any action or failure or omission to act by NSCC.
Appears in 1 contract
Samples: Transfer Agency Service Agreement (North Country Funds)
USE OF FUND/SERV AND NETWORKING. The Trust has authorized or in the future may authorize OFS to act as a "“Mutual Fund Services Member" ” for the Trust or various Funds and Classes. Fund/SERV and Networking are services sponsored by the National Securities Clearing Trust ("“NSCC"”) and as used herein have the meanings as set forth in the then current edition of NSCC RULES AND PROCEDURES published by NSCC or such other similar publication as may exist from time to time. The Trust shall indemnify and hold OFS harmless from and against any and all losses, damages, costs, charges, reasonable counsel fees, payments, expenses and liability arising directly or indirectly out of or attributed to any action or failure or omission to act by NSCC.
Appears in 1 contract
Samples: Transfer Agency Service Agreement (Advisors Series Trust)