Common use of CONCERNING CUSTODIAN Clause in Contracts

CONCERNING CUSTODIAN. For its services hereunder the Custodian shall be paid such compensation as set forth under Schedule B. The Custodian shall not be liable for any action taken in good faith upon any custodian order or facsimile herein described, trade affirmation report, or certified copy of any resolution of the Board or of the Executive Committee of the Board, and may rely on the genuineness of any such document which it may, in good faith, believe to have been validly prepared or executed. The Fund, on behalf of the Fund, agrees to indemnify and hold harmless the Custodian and its nominee from all taxes, charges, expenses, assessments, claims and liabilities (including counsel fees) incurred or assessed against it or its nominee in connection with the performance of this Agreement, except such as may arise from the Custodian's or its nominee's own negligent action, negligent failure to act or willful

Appears in 5 contracts

Samples: Custodian Agreement (Riversource Investment Series, Inc.), Custody Agreement (RiverSource Variable Series Trust), Custodian Agreement (Riversource Selected Series, Inc.)

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CONCERNING CUSTODIAN. For its services hereunder the Custodian shall be paid such compensation at such times as set forth under Schedule B. may from time to time be agreed on in writing by the parties hereto in a Custodian Fee Agreement. The Custodian shall not be liable for any action taken in good faith upon any custodian order or facsimile herein described, trade affirmation report, or certified copy of any resolution of the Board or of the Executive Committee of the Board, and may rely on the genuineness of any such document which it may, in good faith, believe to have been validly prepared or executed. The FundCorporation, on behalf of the FundFunds, agrees to indemnify and hold harmless the Custodian and its nominee from all taxes, charges, expenses, assessments, claims and liabilities (including counsel fees) incurred or assessed against it or its nominee in connection with the performance of this Agreement, except such as may arise from the Custodian's or its nominee's own negligent action, negligent failure to act or willful

Appears in 1 contract

Samples: Custodian Agreement (Axp Market Advantage Series Inc)

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