Common use of Further Acknowledgment Clause in Contracts

Further Acknowledgment. The Client further acknowledges and agrees that: (a) in certain circumstances, the action taken by any Custodian or any Sub-Custodian, or a third party may prevent or cause a delay in the processing of certain information; and (b) neither the Custodian nor any Sub-Custodian warrants that any information on the systems of the Custodian or any Sub-Custodian relating to any payment message or other information or communications which are the subject of any action taken pursuant to this clause 8 is accurate, current or up-to-date at the time it is accessed, while such action is being taken.