Mitigation by Custodian. Upon the occurrence of any event connected with the Custodian under this Agreement which causes or may cause any loss, damage or expense to the Trust or any Portfolio, the Custodian shall, and shall exercise reasonable efforts to cause any Foreign Sub-Custodian to, use reasonable efforts under the circumstances to mitigate the effect of such event and to avoid continuing harm to the Trust and the Portfolios.
Appears in 3 contracts
Samples: Custodian Agreement (American Aadvantage Funds), Custodian Agreement (American Select Funds), Custodian Agreement (American Aadvantage Mileage Funds)
Mitigation by Custodian. Upon the occurrence of any event connected with the Custodian under this Agreement which causes or may cause any loss, damage or expense to the a Trust or any Portfolio, the Custodian shall, and shall exercise reasonable efforts to cause any Eligible Foreign Sub-Custodian to, use reasonable efforts under the circumstances to mitigate the effect of such event and to avoid continuing harm to the Trust and the Portfolios.
Appears in 1 contract
Samples: Custodian Agreement (American Beacon Sound Point Enhanced Income Fund)
Mitigation by Custodian. Upon the occurrence of any event connected with the Custodian under this Agreement which causes or may cause any loss, damage or expense to the Trust or any Portfolio, the Custodian shall, and shall exercise reasonable efforts to cause any Eligible Foreign Sub-Custodian to, use reasonable efforts under the circumstances to mitigate the effect of such event and to avoid continuing harm to the Trust and the Portfolios.
Appears in 1 contract
Samples: Custodian Agreement (American Beacon Institutional Funds Trust)
