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Common use of Adequate Facilities Clause in Contracts

Adequate Facilities. Institution warrants and represents that it has adequate facilities, equipment, procedures, controls and skilled personnel to responsibly perform its duties and obligations hereunder.

Appears in 6 contracts

Sources: Electronic Communications and Recordkeeping Agreement (Wesmark Funds), Electronic Communications and Recordkeeping Agreement (WCT Funds), Electronic Communications and Recordkeeping Agreement (Wesmark Funds)

Parent Clauses

  • Covenants of the Fund and Trust Company
  • Representations and Warranties
  • Warranties and Representations of Institution
  • INSTITUTIONAL RESPONSIBILITIES
  • Covenants of the Trust and Trust Company

Sub-Clauses

  • Waste, Maintenance, Repairs
  • Compliance of Premises
  • After Acquired Property
  • Appointment of Receiver
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