Common use of Disaster Recovery Clause in Contracts

Disaster Recovery. PFPC Trust shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for emergency use of electronic data processing equipment to the extent appropriate equipment is available. In the event of equipment failures, PFPC Trust shall, at no additional expense to the Company, take reasonable steps to minimize service interruptions.

Appears in 8 contracts

Samples: Custodian Services Agreement (UST Global Private Markets Fund, LLC), Custodian Services Agreement (Excelsior Directional Hedge Fund of Funds (Ti) LLC), Custodian Services Agreement (Grosvenor Registered Multi-Strategy Fund (Te), LLC)

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Disaster Recovery. PFPC Trust shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available. In the event of equipment failures, PFPC Trust shall, at no additional expense to the Companya Fund, take reasonable steps to minimize service interruptionsinterruptions with respect to the accounts and the assets maintained hereunder with respect to such Fund.

Appears in 8 contracts

Samples: Custodian Services Agreement Terms and Conditions (Schwab Capital Trust), Custodian Services Agreement Terms and Conditions (Schwab Charles Family of Funds), Custodian Services Agreement Terms and Conditions (Schwab Capital Trust)

Disaster Recovery. PFPC Trust shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for emergency use of electronic data processing equipment to the extent appropriate equipment is availableequipment. In the event of equipment failures, PFPC Trust shall, at no additional expense to the CompanyFund, take reasonable steps to minimize service interruptions. PFPC Trust shall have no liability with respect to the loss of data or service interruptions caused by equipment failure provided such loss or interruption is not caused by PFPC Trust's own willful misfeasance, bad faith, negligence or reckless disregard of its duties or obligations under this Agreement.

Appears in 7 contracts

Samples: Custodian Services Agreement (Advantage Advisers Multi - Sector Fund I), Custodian Services Agreement (Highland Institutional Floating Rate Income Fund), Custodian Services Agreement (Highland Floating Rate Advantage Fund)

Disaster Recovery. PFPC Trust shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for emergency use of electronic data processing equipment to the extent appropriate equipment is available. In the event of equipment failures, PFPC Trust shall, at no additional expense to the CompanyFunds, take reasonable steps to minimize service interruptions. PFPC Trust shall have no liability with respect to the loss of data or service interruptions caused by equipment failure provided such loss or interruption is not caused by PFPC Trust’s own breach of its Standard of Care in performing its duties or obligations under this Agreement.

Appears in 3 contracts

Samples: Custodian Services Agreement (Wells Fargo Multi-Strategy 100 TEI Fund I, LLC), Custodian Services Agreement (Wells Fargo Multi-Strategy 100 Master Fund I, LLC), Custodian Services Agreement (Wells Fargo Multi-Strategy 100 Fund I, LLC)

Disaster Recovery. PFPC Trust shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for emergency use of electronic data processing equipment to the extent appropriate equipment is availableequipment. In the event of equipment failures, PFPC Trust shall, at no additional expense to the Company, take reasonable steps to minimize service interruptions. PFPC Trust shall have no liability with respect to the loss of data or service interruptions caused by equipment failure provided such loss or interruption is not caused by PFPC Trust's own willful misfeasance, bad faith, negligence or reckless disregard of its duties or obligations under this Agreement.

Appears in 3 contracts

Samples: Custodian Services Agreement (Sawgrass Fund LLC), Custody Agreement (Stratigos Fund LLC), Administrative Services Agreement (Alyeska Fund LLC)

Disaster Recovery. PFPC Trust shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for emergency use of electronic data processing equipment to the extent appropriate equipment is available. In the event of equipment failures, PFPC Trust shall, at no additional expense to the Company, take reasonable steps to minimize service interruptions.is

Appears in 2 contracts

Samples: Custodian Services Agreement (Asa Market Neutral Equity Fund LLC), Custodian Services Agreement (Kelmoore Strategic Trust)

Disaster Recovery. PFPC Trust shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for emergency use of electronic data processing equipment to the extent appropriate equipment is availableequipment. In the event of equipment failures, PFPC Trust shall, at no additional expense to the CompanyFund, take reasonable steps to minimize service interruptions. PFPC Trust shall have no liability with respect to the loss of data or service interruptions caused by equipment failure provided such loss or interruption is not caused by PFPC Trust’s own willful misfeasance, bad faith, negligence or reckless disregard of its duties or obligations under this Agreement.

Appears in 2 contracts

Samples: Custodian Services Agreement (Highland Credit Strategies Fund), Custodian Services Agreement (Highland Funds I)

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Disaster Recovery. PFPC Trust shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for emergency use of electronic data processing equipment to the extent appropriate equipment is available. In the event of equipment failures, PFPC Trust shall, at no additional expense to the CompanyFund, take reasonable steps to minimize service interruptions.

Appears in 2 contracts

Samples: Custodian Services Agreement (Excelsior Buyout Investors LLC), Custodian Services Agreement (Excelsior Buyout Investors LLC)

Disaster Recovery. PFPC Trust shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for emergency use of electronic data processing equipment to the extent appropriate equipment is available. In the event of equipment failures, PFPC Trust shall, at no additional expense to the CompanyFund, take reasonable steps to minimize service interruptions. PFPC Trust shall have no liability with respect to the loss of data or service interruptions caused by equipment failure provided such loss or interruption is not caused by PFPC Trust's own intentional misconduct, bad faith or negligence with respect to its duties under this Agreement.

Appears in 2 contracts

Samples: Custodian Services Agreement (Saturna Investment Trust), Custodian Services Agreement (Amana Mutual Funds Trust)

Disaster Recovery. PFPC Trust shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provisions for emergency use of electronic data processing equipment to the extent appropriate equipment is available. In the event of equipment failures, PFPC Trust shall, at no additional expense to the CompanyFund, take reasonable steps to minimize service interruptions. PFPC Trust shall have no liability with respect to the loss of data or service interruptions caused by equipment failure provided such loss or interruption is not caused by PFPC Trust’s own intentional misconduct, bad faith or gross negligence with respect to its duties under this Agreement.

Appears in 2 contracts

Samples: Custodian Services Agreement (Industry Leaders Fund), Custodian Services Agreement (Firsthand Technology Value Fund, Inc.)

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