Common use of Mitigation Measures Clause in Contracts

Mitigation Measures. Company shall take commercially reasonable measures (except measures causing it to incur out-of-pocket expenses which BNYM does not agree in advance to reimburse) to mitigate losses or potential losses to BNYM, including taking verification, validation and reconciliation measures that are commercially reasonable or standard practice in the Company’s business.

Appears in 51 contracts

Samples: Transfer Agency and Shareholder Services Agreement (Pioneer Series Trust Viii), Transfer Agency and Shareholder Services Agreement (Lord Abbett Investment Trust), Transfer Agency and Shareholder Services Agreement (Touchstone Funds Group Trust)

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Mitigation Measures. Company shall take commercially reasonable measures (except measures causing it to incur out-of-pocket expenses which BNYM does not agree in advance to reimburse) to mitigate losses or potential losses to BNYM, including taking verification, validation and reconciliation measures that are commercially reasonable or standard practice in the Company’s 's business.

Appears in 44 contracts

Samples: Transfer Agency and Shareholder Services Agreement (Versus Capital Infrastructure Income Fund), Transfer Agency and Shareholder Services Agreement (Pax World Funds Series Trust I), Transfer Agency and Shareholder Services Agreement (Trust for Advised Portfolios)

Mitigation Measures. Company shall take commercially reasonable measures (except measures causing it to incur out-of-pocket expenses which BNYM does not agree in advance to reimburse) to mitigate losses or potential losses to BNYM, including taking verification, validation and reconciliation measures that are commercially reasonable or standard practice in the Company’s business.. Confidential And Proprietary Execution Version (3)

Appears in 1 contract

Samples: Transfer Agency and Shareholder Services Agreement (Ramius Archview Credit & Distressed Fund)

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Mitigation Measures. Company shall take commercially reasonable measures (except measures causing it to incur out-of-pocket expenses which BNYM BNY Mellon does not agree in advance to reimburse) to mitigate losses or potential losses to BNYMBNY Mellon, including taking verification, validation and reconciliation measures that are commercially reasonable or standard practice in the Company’s business.

Appears in 1 contract

Samples: Administrative Services Agreement (Ironwood Multi-Strategy Fund LLC)

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