FDISG. or an affiliate of FDISG, shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provision for periodic backup of computer files and data with respect to the Fund and emergency use of electronic data processing equipment. In the event of equipment failures, FDISG shall, at no additional expense to the Fund, take all reasonable steps to minimize service interruptions. FDISG shall have no liability with respect to the loss of data or service interruptions caused by equipment failures, provided such loss or interruption is not caused by the negligence of FDISG and provided further that FDISG has complied with the provisions of this Article 16.
Appears in 2 contracts
Sources: Transfer Agency and Services Agreement (Mitchell Hutchins Lir Money Series), Transfer Agency and Services Agreement (Mitchell Hutchins Institutional Series)
FDISG. or an affiliate of FDISG, shall enter into and shall maintain in effect with appropriate parties one or more agreements making reasonable provision for periodic backup of computer files and data with respect to the Fund fund and emergency use of electronic data processing equipment. In the event of equipment failures, FDISG shall, at no additional expense to the Fundfund, take all reasonable steps to minimize service interruptions. FDISG shall have no liability with respect to the loss of data or service interruptions caused by equipment failures, provided such loss or interruption is not caused by the negligence of FDISG and provided further that FDISG has complied with the provisions of this Article 16.
Appears in 1 contract
Sources: Transfer Agency and Services Agreement (Liquid Institutional Reserves)