MICM definition
Examples of MICM in a sentence
All fees or costs charged by such persons shall be borne by MICM or the appropriate Fund, as applicable.
Upon request, BNY Mellon will disclose the identity of the Vendor and the status of the contractual relationship, and MICM or the Trust is free to attempt to contract directly with the Vendor for the provision of the Vendor Eligible Services.
In no event shall MICM or any Fund be liable to BNY Mellon or any BNY Mellon Affiliate or any third party for any special, indirect or consequential damages, or lost profits or loss of business, arising under or in connection with this Agreement, even if previously informed of the possibility of such damages and regardless of the form of action.
Agreements with Service Providers shall provide for at least the same standard of care, indemnification coverage, confidentiality, requirements for use of information about the Funds, and other material requirements to which MICM is subject under this Agreement.
Any valuations of securities, other assets, or the net asset value provided by MICM or a Fund.
This indemnity shall be a continuing obligation of MICM and each Fund, its successors and assigns, notwithstanding the termination of this Agreement.
BNY Mellon agrees not to use a Trust or Fund’s name nor the name of ▇▇▇▇▇▇▇▇ International Capital Management, LLC, its affiliates, designees, or assignees in any material written in a manner not previously, specifically approved in writing by the Trust, MICM, or its affiliates, designees, or assignees except where required by the Securities and Exchange Commission or any federal or state agency responsible for regulation of BNY Mellon.
In consideration of BNY Mellon’s services provided hereunder, MICM will (a) pay to BNY Mellon the fees set forth in the agreed upon fee schedule (as such fee schedule may be amended by mutual agreement between BNY Mellon and Customer) and (b) reimburse BNY Mellon for any reasonable out-of-pocket and incidental expenses incurred by BNY Mellon in connection therewith.
The parties acknowledge that the obligations of MICM and the Funds hereunder are several and not joint, that no Fund shall be liable for any amount owing by another Fund and that the Funds have executed one instrument for convenience only.
In no event shall BNY Mellon or any BNY Mellon Affiliate be liable to MICM, any Fund or any third party for any special, indirect or consequential damages, or lost profits or loss of business, arising under or in connection with this Agreement, even if previously informed of the possibility of such damages and regardless of the form of action.