Common use of Legitimate Delay Clause in Contracts

Legitimate Delay. The Custodian may delay the processing of any investment transaction due to a Force Majeure, government or NSCC restrictions or changes, exchange, market or NSCC rulings, strikes, interruptions of communications or data processing services, or disruptions in orderly trading on any exchange or market.

Appears in 5 contracts

Samples: Custodial Account Agreement, Agreement, Custodial Account Agreement

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