Liability for Depositories. BNY will have no responsibility or liability for the activities of any Depository arising out of or relating to this Agreement or any cost or burden imposed on the transfer or holding of Assets held with such Depository.
Appears in 18 contracts
Sources: Custody Agreement (Rydex Series Funds), Custody Agreement (Rydex Variable Trust), Custody Agreement (Guggenheim Variable Funds Trust)
Liability for Depositories. BNY will have no responsibility or liability for the activities of any Depository arising out of or relating to this Agreement or any cost or burden imposed on the transfer or holding of Assets held with such Depository; provided that, for clarity, BNY remains responsible for its own acts and omissions pursuant to the terms of this Agreement.
Appears in 4 contracts
Sources: Custody Agreement (Baillie Gifford ETF Trust), Custody Agreement (Blackstone Private Real Estate Credit & Income Fund), Custody Agreement (Baillie Gifford ETF Trust)