Mitigation by Custodian. Upon the occurrence of any event which causes or may cause any loss, damage or expense to the Client or any Portfolio, the Custodian shall promptly notify the Client or Portfolio of the occurrence of such event. In addition, (i) the Custodian shall mitigate, (ii) the Custodian shall cause any applicable Subcustodian to mitigate, and (iii) the Custodian shall use commercially reasonable efforts to cause any Clearance System to mitigate, the effects of such event and to avoid continuing harm to the Client and its Portfolios.
Appears in 4 contracts
Samples: Global Custodial Services Agreement (Dfa Investment Trust Co), Global Custodial Services Agreement (Dimensional Emerging Markets Value Fund), Global Custodial Services Agreement (Dfa Investment Trust Co)
Mitigation by Custodian. Upon the occurrence of any event which causes or may cause any loss, damage or expense to the Client or any Portfolio, the Custodian shall promptly notify the Client or _Portfolio of the occurrence of such event. In addition, (i) the Custodian shall mitigate, (ii) the Custodian shall cause any applicable Subcustodian to mitigate, and (iii) the Custodian shall use commercially reasonable efforts to cause any Clearance System to mitigate, the effects of such event and to avoid continuing harm to the Client and its Portfolios.. (D)
Appears in 1 contract
Samples: Global Custodial and Agency Services Agreement (Dimensional ETF Trust)
