Common use of Disaster Recovery Systems Clause in Contracts

Disaster Recovery Systems. The Custodian shall maintain a disaster recovery plan and procedures including provisions for emergency use of electronic data processing equipment, which is reasonable in light of the services to be provided. The Custodian shall, at no additional expense to the Fund take reasonable steps to minimize service interruptions. The Custodian shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided it maintains such plans and procedures.

Appears in 21 contracts

Sources: Custody Agreement (Agile Funds Inc), Custody Agreement (Pebblebrook Fund Inc), Custody Agreement (Ancora Trust)

Disaster Recovery Systems. The Custodian shall maintain a disaster recovery plan and procedures including provisions for emergency use of electronic data processing equipment, which is reasonable in light of the services to be provided. The Custodian shall, at no additional expense to the Fund Funds take reasonable steps to minimize service interruptions. The Custodian shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided it maintains such plans and procedures.

Appears in 3 contracts

Sources: Custody Agreement (Amstar Investment Trust), Custody Agreement (Alpine Income Trust), Custody Agreement (Cadre Institutional Investors Trust)

Disaster Recovery Systems. The Custodian shall maintain a disaster recovery plan and procedures including but not limited to provisions for emergency use of electronic data processing equipment, which is reasonable in light of the services to be provided. The Custodian shall, at no additional expense to the Fund take reasonable steps to minimize service interruptions. The Custodian shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided it maintains such plans and procedures, unless such interruption is the result of Custodian's, or to Sub-Custodian's negligence, bad faith or willful misconduct.

Appears in 1 contract

Sources: Custody Agreement (Homestate Group)

Disaster Recovery Systems. [*] The Custodian shall maintain a disaster recovery plan and procedures including provisions for emergency use of electronic data processing equipment, which is reasonable in light of the services to be provided. The Custodian shall, at no additional expense to the Fund take reasonable steps to minimize service interruptions. The Custodian shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided it maintains such plans and procedures.

Appears in 1 contract

Sources: Custody Agreement (Valgro Funds Inc)

Disaster Recovery Systems. The Custodian shall maintain a disaster recovery plan and procedures including provisions for emergency use of electronic data processing equipment, which is reasonable in light of the services to be provided. The Custodian shall, at no additional expense to the Fund Trust or any Fund, take reasonable steps to minimize service interruptions. The Custodian shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided it maintains such plans and procedures.

Appears in 1 contract

Sources: Custody Agreement (Tuscarora Investment Trust)

Disaster Recovery Systems. The Custodian shall maintain a disaster recovery plan and procedures including provisions for emergency use of electronic data processing equipment, which is reasonable in light of the services to be provided. The Custodian shall, at no additional expense to the Fund Trust take reasonable steps to minimize service interruptions. The Custodian shall have no liability with respect to the loss of data or service interruptions caused by equipment failure, provided it maintains such plans and procedures.

Appears in 1 contract

Sources: Custody Agreement (Assetmark Funds)