Common use of Equipment Failures Clause in Contracts

Equipment Failures. In the event of equipment failures beyond Custodian's control, Custodian shall take reasonable steps to minimize service interruptions but shall not have any further liability with respect thereto. Notwithstanding the foregoing, Custodian shall maintain sufficient back up electronic data processing equipment to enable Custodian to fulfill its obligations under this Agreement consistent with standard industry practices.

Appears in 37 contracts

Samples: And (Nations Funds Trust), Custody Agreement (Nations Master Investment Trust), And (Nations Master Investment Trust)

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Equipment Failures. In the event of equipment failures beyond ------------------ Custodian's control, Custodian shall take reasonable steps to minimize service interruptions but shall not have any further liability with respect thereto. Notwithstanding the foregoing, Custodian shall maintain sufficient back up electronic data processing equipment to enable Custodian to fulfill its obligations under this Agreement consistent with standard industry practices.

Appears in 11 contracts

Samples: Custody Agreement (Nations Funds Trust), Custody Agreement (Nations Funds Trust), Custody Agreement (Nations Master Investment Trust)

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