Custodial Arrangements. Sub-Advisor shall have no responsibility or liability with respect to custodial arrangements, the payment of custodial charges and fees, or the acts or omissions of the custodian, broker, securities lending agent or any other party, except to the extent provided in subparagraph (a) of this Section 8. If Sub-Advisor sells any securities that have been lent from the account, the Advisor’s lending agent shall be responsible for delivering such securities for settlement. So long as the Sub-Advisor has complied with the Advisor’s written instructions relating to securities lending, as applicable, Sub-Advisor shall not be responsible for any loss incurred if securities lent from the account are not available for settlement.
Appears in 4 contracts
Samples: Sub Advisory Agreement (Nomura Partners Funds, Inc.), Agreement (Nomura Partners Funds, Inc.), Agreement (Nomura Partners Funds, Inc.)
