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 55 contracts

Sources: Transfer Agency Agreement (Baillie Gifford Institutional Trust), Transfer Agency and Shareholder Services Agreement (Man Alternative Income Fund), Transfer Agency and Shareholder Services Agreement (AMG Pantheon Infrastructure Fund, LLC)

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 47 contracts

Sources: Transfer Agency and Shareholder Services Agreement (Fundrise Growth Tech Fund, LLC), Transfer Agency and Shareholder Services Agreement (Fundrise Real Estate Interval Fund, LLC), Transfer Agency and Shareholder Services Agreement (Fundrise Income Real Estate Fund, LLC)

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

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

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

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