Common use of Bank Provides Diverse Financial Services and May Generate Profits as a Result Clause in Contracts

Bank Provides Diverse Financial Services and May Generate Profits as a Result. Customer acknowledges that Bank or its Affiliates may have a material interest in transactions entered into by Customer with respect to the Account or that circumstances are such that Bank may have a potential conflict of duty or interest. For example, Bank or its Affiliates may act as a market maker in the Financial Assets to which Instructions relate, provide brokerage services to other customers, act as financial adviser to the issuer of such Financial Assets, act in the same transaction as agent for more than one customer, have a material interest in the issue of the Financial Assets, or earn profits from any of these activities. Customer acknowledges that Bank or its Affiliates may be in possession of information tending to show that the Instructions received may not be in the best interests of Customer. Bank is not under any duty to disclose any such information.

Appears in 101 contracts

Samples: Global Custody Agreement (Vanguard Fixed Income Securities Funds), Global Custody Agreement (Vanguard Specialized Funds), Global Custody Agreement (Vanguard Valley Forge Funds)

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Bank Provides Diverse Financial Services and May Generate Profits as a Result. Customer acknowledges that Bank or its Affiliates may have a material interest in transactions entered into by Customer with respect to the Account or that circumstances are such that Bank may have a potential conflict of duty or interest. For example, Bank or its Affiliates may act as a market maker in the Financial Assets to which Instructions relate, provide brokerage services to other customers, act as financial adviser to the issuer of such Financial Assets, act in the same transaction as agent for more than one customer, have a material interest in the issue of the Financial Assets, ; or earn profits from any of these activities. Customer further acknowledges that Bank or its Affiliates may be in possession of information tending to show that the Instructions received may not be in the best interests of Customer. Customer but that Bank is not under any duty to disclose any such information.

Appears in 30 contracts

Samples: Fund Accounting Agreement (Jp Morgan Fleming Mutual Fund Group Inc), Fund Accounting Agreement (Jp Morgan Mutual Fund Investment Trust), Fund Accounting Agreement (Undiscovered Managers Funds)

Bank Provides Diverse Financial Services and May Generate Profits as a Result. Customer acknowledges that Bank or its Affiliates may have a material interest in transactions entered into by Customer with respect to the Account Accounts or that circumstances are such that Bank may have a potential conflict of duty or interest. For example, Bank or its Affiliates may act as a market maker in the Financial Assets to which Instructions relate, provide brokerage services to other customers, act as financial adviser to the issuer of such Financial Assets, act in the same transaction as agent for more than one customer, have a material interest in the issue of the Financial Assets, ; or earn profits from any of these activities. Customer further acknowledges that Bank or its Affiliates may be in possession of information tending to show that the Instructions received may not be in the best interests of Customer. Customer but that Bank is not under any duty to disclose any such information.

Appears in 13 contracts

Samples: Domestic Custody Agreement (Tiaa Cref Life Separate Account Va-1), Domestic Custody Agreement (Proshares Trust), Domestic Custody Agreement (Tiaa Cref Life Separate Account Va-1)

Bank Provides Diverse Financial Services and May Generate Profits as a Result. Customer acknowledges that Bank or its Affiliates may have a material interest in transactions entered into by Customer with respect to the Account or that circumstances are such that Bank may have a potential conflict of duty or interest. For example, Bank or its Affiliates may act as a market maker in the Financial Assets to which Instructions relate, provide brokerage services to other customers, act as financial adviser to the issuer of such Financial Assets, act in the same transaction as agent for more than one customer, have a material interest in the issue of the Financial Assets, ; or earn profits from any of these activities. Customer further acknowledges that Bank or its Affiliates may be in possession of investment-related information tending to show that the Instructions received may not be in the best interests of Customer. Customer but that Bank is not under any duty to disclose any such information.

Appears in 5 contracts

Samples: Custody Agreement, Custody Agreement, Global Custody Agreement (Oppenheimer Main Street Small Cap Fund)

Bank Provides Diverse Financial Services and May Generate Profits as a Result. Customer acknowledges and hereby authorizes Bank to act under this Agreement, notwithstanding that Bank or its Affiliates affiliates may have a material interest in transactions entered into by Customer with respect to the Account Customer's accounts or that circumstances are such that Bank may have a potential conflict of duty or interest. For example, Bank or its Affiliates affiliates may act as a market maker in the Financial Assets financial assets to which Instructions relate, provide brokerage services to other customers, act as financial adviser to the issuer of such Financial Assetsfinancial assets, act in the same transaction as agent for more than one customer, have a material interest in the issue of the Financial Assets, financial assets; or earn profits from any of these activities. Customer further acknowledges that Bank or its Affiliates affiliates may be in possession of information tending to show that the Instructions received may not be in the best interests of Customer. Customer but that Bank is not under any duty to disclose any such information.

Appears in 5 contracts

Samples: Global Custody Agreement (DWS Variable Series I), Global Custody Agreement (DWS Global/International Fund, Inc.), Global Custody Agreement (DWS International Fund, Inc.)

Bank Provides Diverse Financial Services and May Generate Profits as a Result. Customer acknowledges that Bank or its Affiliates may have a material interest in transactions entered into by Customer with respect to the Account or that circumstances are such that Bank may have a potential conflict of duty or interest. For example, Bank or its Affiliates may act as a market maker in the Financial Assets to which Instructions relate, provide brokerage services to other customers, act as financial adviser to the issuer of such Financial Assets, act in the same transaction as agent for more than one customer, have a material interest in the issue of the Financial Assets, ; or earn profits from any of these activities. Customer further acknowledges that Bank or its Affiliates may be in possession of information tending to show that the Instructions received may not be in the best interests of Customer. Customer but that Bank is not under any duty to disclose any such informationinformation except as otherwise required by the performance of its duties under this Agreement.

Appears in 2 contracts

Samples: Global Custody Agreement (Goldman Sachs Variable Insurance Trust), Global Custody Agreement (Goldman Sachs Trust)

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Bank Provides Diverse Financial Services and May Generate Profits as a Result. Customer acknowledges that Bank or its Affiliates may have a material interest in transactions entered into by Customer with respect to the Account or that circumstances are such that Bank may have a potential conflict of duty or interest. For example, Bank or its Affiliates may act as a market maker in the Financial Assets to which Instructions relate, provide brokerage services to other customers, act as financial adviser to the issuer of such Financial Assets, act in the same transaction as agent for more than one customer, have a material interest in the issue of the Financial Assets, ; or earn profits from any of these activities. Customer further acknowledges that Bank or its Affiliates may be in possession of information tending to show that the Instructions received may not be in the best interests of Customer. Customer but that Bank is not under any duty to disclose any such information.. EXECUTION

Appears in 1 contract

Samples: Market    Depository    Instruments (J.P. Morgan Exchange-Traded Fund Trust)

Bank Provides Diverse Financial Services and May Generate Profits as a Result. Customer acknowledges that Bank or its Affiliates may have a material interest in transactions entered into by Customer with respect to the Account or that circumstances are such that Bank may have a potential conflict of duty or interest. For example, Bank or its Affiliates may act as a market maker in the Financial Assets to which Instructions relate, provide brokerage services to other customers, act as financial adviser to the issuer of such Financial Assets, act in the Investment Company Rider to Global Custody Agreement same transaction as agent for more than one customer, have a material interest in the issue of the Financial Assets, ; or earn profits from any of these activities. Customer further acknowledges that Bank or its Affiliates may be in possession of information tending to show that the Instructions received may not be in the best interests of Customer. Customer but that Bank is not under any duty to disclose any such information.

Appears in 1 contract

Samples: Global Custody Agreement (Morgan Stanley Institutional Fund Trust)

Bank Provides Diverse Financial Services and May Generate Profits as a Result. Customer acknowledges and Fund acknowledge that Bank or its Affiliates may have a material interest in transactions entered into by Customer or Fund with respect to the Account or that circumstances are such that Bank may have a potential conflict of duty or interest. For example, Bank or its Affiliates may act as a market maker in the Financial Assets to which Instructions relate, provide brokerage services to other customers, act as financial adviser to the issuer of such Financial Assets, act in the same transaction as agent for more than one customer, have a material interest in the issue of the Financial Assets, ; or earn profits from any of these activities. Customer acknowledges and Fund further acknowledge that Bank or its Affiliates may be in possession of information tending to show that the Instructions received may not be in the best interests of Customer. Customer or Fund but that Bank is not under any duty to disclose any such information.

Appears in 1 contract

Samples: Global Custody Agreement (Tocqueville Alexis Trust)

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