Custodian Notification. The Custodian shall notify the Security Provider and the Secured Party of rights or discretionary actions and of the date or dates by which such rights must be executed or such actions must be taken as promptly as practicable under the circumstances, provided that the Custodian or the BNY Mellon Affiliate nominee company acting on behalf of the Custodian on the terms of this Agreement has actually received notice of such right or discretionary corporate action from the relevant Depository. Absent actual receipt of such notice, the Custodian shall have no liability for failing to so notify the Security Provider or the Secured Party.
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