Common use of Equipment Failure Clause in Contracts

Equipment Failure. In the event of equipment failures beyond MBIA's control, MBIA shall, at no additional expense to the Trust, take reasonable steps to minimize service interruptions but shall have no liability with respect thereto. MBIA shall make reasonable provision for emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 3 contracts

Samples: Transfer Agency Agreement (1838 Investment Advisors Funds), Accounting Services Agreement (1838 Investment Advisors Funds), Transfer Agency Agreement (1838 Investment Advisors Funds)

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Equipment Failure. In the event of equipment failures beyond MBIA's control, MBIA shall, at no additional expense to the TrustFund, take reasonable steps to minimize service interruptions but shall have no liability with respect thereto. MBIA shall make reasonable enter into and shall maintain in effect with appropriate parties one or more agreements making responsible provision for of emergency use of electronic data processing equipment to the extent appropriate equipment is available.

Appears in 2 contracts

Samples: Accounting Services Agreement (1838 Bond Debenture Trading Fund), Accounting Services Agreement (1838 Bond Debenture Trading Fund)

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