Common use of Collection Obligations Clause in Contracts

Collection Obligations. Custodian shall have no duty or obligation to make demand or to take any action to effect collection of any payments that may become due and shall not be required to notify Principal, Manager or Authorized Agent of any default or refusal to pay.

Appears in 9 contracts

Samples: Agreement (Arrow Investments Trust), Global Custody Agreement (Hercules Capital, Inc.), Global Custody Agreement (Two Roads Shared Trust)

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Collection Obligations. Custodian shall have no duty or obligation to make demand or to take any action to effect collection of any payments that may become due and shall not be required to notify Principal, Manager Principal or Authorized Agent of any default or refusal to pay.

Appears in 2 contracts

Samples: Custodian Agreement (Resource Credit Income Fund), ALPS Series Trust

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Collection Obligations. Custodian shall have no duty or obligation to make demand or to take any action to effect collection of any payments that may become due and shall not be required to notify Principal, Manager or Authorized Agent of any default def xxxx or refusal to pay.

Appears in 1 contract

Samples: Custody Agreement

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