Common use of Disaster Recovery Systems Clause in Contracts

Disaster Recovery Systems. The Custodian shall maintain a disaster recovery plan and procedures including provisions for emergency use of electronic data processing equipment, which is reasonable in light of the services to be provided. The Custodian shall, at no additional expense to the Fund take reasonable steps to minimize service interruptions. The Custodian shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided it maintains such plans and procedures.

Appears in 21 contracts

Samples: Custody Agreement (Frontegra Funds Inc), Custody Agreement (Bertolet Capital Trust), Custody Agreement (Ancora Trust)

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Disaster Recovery Systems. The Custodian shall maintain a disaster recovery plan and procedures including provisions for emergency use of electronic data processing equipment, which is reasonable in light of the services to be provided. The Custodian shall, at no additional expense to the Fund Funds take reasonable steps to minimize service interruptions. The Custodian shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided it maintains such plans and procedures.

Appears in 3 contracts

Samples: Custody Agreement (Alpine Income Trust), Custody Agreement (Amstar Investment Trust), Custody Agreement (Cadre Institutional Investors Trust)

Disaster Recovery Systems. The Custodian shall maintain a disaster recovery plan and procedures including provisions for emergency use of electronic data processing equipment, which is reasonable in light of the services to be provided. The Custodian shall, at no additional expense to the Fund Trust or any Fund, take reasonable steps to minimize service interruptions. The Custodian shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided it maintains such plans and procedures.

Appears in 1 contract

Samples: Custody Agreement (Tuscarora Investment Trust)

Disaster Recovery Systems. The Custodian shall maintain a disaster recovery plan and procedures including but not limited to provisions for emergency use of electronic data processing equipment, which is reasonable in light of the services to be provided. The Custodian shall, at no additional expense to the Fund take reasonable steps to minimize service interruptions. The Custodian shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided it maintains such plans and procedures, unless such interruption is the result of Custodian's, or to Sub-Custodian's negligence, bad faith or willful misconduct.

Appears in 1 contract

Samples: Custody Agreement (Homestate Group)

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Disaster Recovery Systems. The Custodian shall maintain a disaster recovery plan and procedures including provisions for emergency use of electronic data processing equipment, which is reasonable in light of the services to be provided. The Custodian shall, at no additional expense to the Fund Trust take reasonable steps to minimize service interruptions. The Custodian shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided it maintains such plans and procedures.

Appears in 1 contract

Samples: Amended and Restated Custody Agreement (Assetmark Funds)

Disaster Recovery Systems. [*] The Custodian shall maintain a disaster recovery plan and procedures including provisions for emergency use of electronic data processing equipment, which is reasonable in light of the services to be provided. The Custodian shall, at no additional expense to the Fund take reasonable steps to minimize service interruptions. The Custodian shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided it maintains such plans and procedures.

Appears in 1 contract

Samples: Custody Agreement (Valgro Funds Inc)

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