Mitigation by Custodian. Upon the occurrence of any event connected with the duties of the Custodian under this Contract which causes or may cause any loss, damage or expense to the Fund or any Portfolio, (i) the Custodian shall, and (ii) shall exercise reasonable efforts to cause any sub-custodian to, use reasonable efforts and take all reasonable steps under the circumstances to mitigate the effect of such event and to avoid continuing harm to the Fund and the Portfolios.
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Samples: Custodian Contract (Paine Webber Kidder Peabody Municipal Money Market Series), Custodian Contract (Painewebber Pace Select Advisors Trust)
Mitigation by Custodian. Upon the occurrence of any event connected with the duties of the Custodian under this Contract which causes or may cause any loss, damage or expense to the Fund or any Portfolio, (i) the Custodian shall, and (ii) shall exercise reasonable efforts to cause any sub-custodian to, use reasonable efforts and take all reasonable steps under the circumstances to mitigate the effect effects of such event and to avoid continuing harm to the Fund and the Portfolios.
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Samples: Custodian Contract (Gt Global Variable Investment Series), Custodian Contract (Gt Global Variable Investment Trust)
Mitigation by Custodian. Upon the occurrence of any event connected with the duties of the Custodian under this Contract which causes or may cause any loss, damage or expense to the Fund or any Portfoliofund, (i) the Custodian shall, and (ii) shall exercise reasonable efforts to cause any sub-custodian to, use reasonable efforts and take all reasonable steps under the circumstances to mitigate the effect effects of such event and to avoid continuing harm to the Fund and the PortfoliosFund.
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Mitigation by Custodian. Upon the occurrence of any event connected with the duties of the Custodian under this Contract which causes or may cause any loss, damage or expense to the Fund or any a Portfolio, (i) the Custodian shall, and (ii) shall exercise reasonable efforts to cause any sub-custodian to, use reasonable efforts and take all reasonable steps under the circumstances to mitigate the effect of such event and to avoid continuing harm to the Fund and the PortfoliosPortfolio.
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Mitigation by Custodian. Upon the occurrence of any event connected with the duties of the Custodian under this Contract which causes or may cause any loss, damage or expense to the Fund fund or any Portfolio, (i) the Custodian shall, and (ii) shall exercise reasonable efforts to cause any sub-custodian to, use reasonable efforts and take all reasonable steps under the circumstances to mitigate the effect effects of such event and to avoid continuing harm to the Fund and the Portfolios.
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