Sales. Custodian shall settle sales by delivering certificates or other indicia of ownership of the Securities, and as instructed, shall receive cash for such sales. Custodian shall have no liability of any kind to any person, including Principal, if Custodian exercises due diligence and delivers such certificates or indicia of ownership and the purchaser or broker fails to effect payment.
Appears in 30 contracts
Samples: Agreement (Arrow Investments Trust), Custody Agreement (Encompass Funds), Custody Agreement
Sales. Custodian shall settle sales by delivering certificates or other indicia of ownership of the Securities, and as instructed, shall receive cash for such sales. Custodian shall have no liability of any kind to any person, including Principal, if in connection with a foreign trade Custodian exercises due diligence and delivers such certificates or indicia of ownership and the purchaser or broker fails to effect payment.
Appears in 2 contracts
Samples: Global Custody Agreement (CPG JP Morgan Alternative Strategies Fund, LLC), Global Custody Agreement (CPG FrontPoint MultiStrat Fund)
Sales. Custodian shall settle sales by delivering certificates or other indicia of ownership of the Securities, and as instructed, shall receive cash for such sales. Custodian shall have no liability of any kind to any person, including Principala Fund, if Custodian exercises due diligence and delivers such certificates or indicia of ownership and the purchaser or broker fails to effect payment. 7.7.
Appears in 2 contracts
Samples: Global Custody Agreement (Venture Lending & Leasing IX, Inc.), Global Custody Agreement (Venture Lending & Leasing VIII, Inc.)
Sales. Custodian shall settle sales by delivering certificates or other indicia of ownership of the Securities, and as instructed, shall receive cash for such sales. Custodian shall have no liability of any kind to any person, including Principala Fund, if Custodian exercises due diligence and delivers such certificates or indicia of ownership and the purchaser or broker fails to effect payment.
Appears in 1 contract
Sales. Custodian shall settle sales by delivering certificates or other indicia of ownership of the Securities, and as instructed, shall receive cash for such sales. Custodian shall have no liability of any kind to any person, including PrincipalTrust, if Custodian exercises due diligence and delivers such certificates or indicia of ownership and the purchaser or broker fails to effect payment.
Appears in 1 contract
Sales. Custodian shall settle sales by delivering certificates or other indicia of ownership of the SecuritiestheSecurities, and as instructed, shall receive cash for such sales. Custodian shall have no liability of any kind to any person, including Principal, ; if Custodian exercises due diligence and delivers such certificates or indicia of ownership and the purchaser or broker fails to effect payment.
Appears in 1 contract
Samples: Custody Agreement (Resource Real Estate Diversified Income Fund)
Sales. Custodian shall settle sales by delivering certificates or other indicia of ownership of the Securities, and as instructed, shall receive cash for such sales. Custodian shall have no liability of any kind to any person, including Principal, if Custodian exercises due diligence and delivers such certificates or indicia of ownership and the purchaser or broker fails to effect payment._
Appears in 1 contract
Samples: Global Custody Agreement for Foreign and Domestic Securities (Winton Series Trust)
Sales. Custodian shall settle sales by delivering certificates or other indicia of ownership of the Securities, and as instructed, shall receive cash for such sales. Custodian shall have no liability of any kind to any person, including Principal, if Custodian exercises due diligence and delivers such certificates or indicia of ownership and the purchaser or broker fails to effect payment.payme
Appears in 1 contract
Samples: Custody Agreement (Realty Capital Income Funds Trust)
