System Acknowledgements. Custodian shall acknowledge through the System its receipt of each transmission communicated through the System, and in the absence of such acknowledgment Custodian shall not be liable for any failure to act in accordance with such transmission and the Fund may not claim that such transmission was received by Custodian.
System Acknowledgements. Securities Intermediary shall acknowledge through the System its receipt of each transmission communicated through the System, and in the absence of such acknowledgment Securities Intermediary shall not be liable for any failure to act in accordance with such transmission and Pledgor may not claim that such transmission was received by Securities Intermediary.