My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
THE BANK OF NEW YORK MELLON -2012
Clerk
>
Contracts / Agreements
>
T
>
THE BANK OF NEW YORK MELLON -2012
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/23/2012 3:21:29 PM
Creation date
4/23/2012 3:21:26 PM
Metadata
Fields
Template:
Contracts
Company Name
THE BANK OF NEW YORK MELLON
Contract #
N-2012-045
Agency
FINANCE & MANAGEMENT SERVICES
Destruction Year
0
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
12
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
-6- <br />8. (a) Subject to the terms below, Custodian shall be entitled to rely upon any Written Instructions actually received by <br />Custodian and reasonably believed by Custodian to be duly authorized and delivered. <br />(b) If Custodian receives Written Instructions which appear on their face to have been transmitted by an Authorized <br />Person via (i) computer facsimile, email, the Internet or other insecure electronic method, or (ii) secure electronic transmission <br />containing applicable authorization codes, passwords and/or authentication keys, Customer understands and agrees that Custodian <br />cannot determine the identity of the actual sender of such Written Instructions and that Custodian shall conclusively presume that such <br />Written Instructions have been sent by an Authorized Person. Customer shall be responsible for ensuring that only Authorized Persons <br />transmit such Written Instructions to Custodian and that all Authorized Persons treat applicable user and authorization codes, <br />passwords and/or authentication keys with extreme care. <br />(c) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various <br />methods of transmitting Written Instructions to Custodian and that there may be more secure methods of transmitting Written <br />Instructions than the method(s) selected by Customer. Customer agrees that the security procedures (if any) to be followed in <br />connection with its transmission of Written Instructions provide to it a commercially reasonable degree of protection in light of its <br />particular needs and circumstances. <br />(d) If Customer elects to transmit Written Instructions through an on-line communication system offered by Custodian, <br />Customer's use thereof shall be subject to the Terms and Conditions attached hereto as Appendix I. If Customer elects (with <br />Custodian's prior consent) to transmit Written Instructions through an on-line communications service owned or operated by a third <br />party, Customer agrees that Custodian shall not be responsible or liable for the reliability or availability of any such service. <br />9. Upon reasonable request and provided Custodian shall suffer no significant disruption of its normal activities, <br />Customer shall have access to Custodian s books and records relating [o the Account during Custodian's normal business hours. Upon <br />reasonable request, copies of any such books and records shall be provided to Customer at Customer's expense. <br />10. It is understood that Custodian is authorized to supply any information regarding the Account which is required by <br />any law, regulation or rule now or hereafter in effect. <br />11. Custodian shall no[ be responsible or liable for any failure or delay in the performance of its obligations under this <br />Agreement arising out of or caused, directly or indirectly, by circumstances beyond its reasonable control, including without <br />limitation, acts of God; earthquakes; fires; floods; wars; civil or military disturbances; sabotage; epidemics; riots; interruptions, loss or <br />malfunctions of utilities, computer (hardware or software) or communications service; accidents; labor disputes; acts of civil or <br />military authority or governmental actions; it being understood [ha[ Custodian shall use its best efforts to resume performance as soon <br />as practicable under the circumstances. <br />12. Custodian is hereby authorized to assign its rights and delegate its duties hereunder to any BNY Affiliate, whenever <br />and on such terms and conditions as it deems necessary or appropriate to perform its services hereunder, without any further notice to <br />Customer. Customer agrees to be bound by all actions taken by a BNY Affiliate pursuant to the preceding sentence to the wane extent <br />as if they were taken by Custodian, it being understood and agreed that no such assignment or delegation shall discharge Custodian <br />from its obligations hereunder. Customer each further agrees that any BNY Affiliate providing services pursuant to the foregoing <br />authorization shall be entitled to all of the protections afforded to Custodian under this Agreement (including, without limitation, <br />pursuant to Articles V and VI). If so advised by Custodian, Customer shall provide Written Instructions or other information to a BNY <br />Affiliate rather than to Custodian. <br />13. Custodian shall have no duties or responsibilities whatsoever except such duties and responsibilities as are <br />specifically set forth in this Agreement, and no covenant or obligation shall be implied against Custodian in connection with this <br />Agreement. <br />ARTICLE VII <br />TERMINATION <br />Either party may terminate this Agreement by giving to the other party a notice in writing specifying the date of such <br />termination, which shall be no[ less than ninety (90) days after the date of such notice. Upon termination hereof, Customer shall pay to <br />Custodian such compensation as may be due to Custodian, and shall likewise reimburse Custodian for other amounts payable or <br />reimbursable to Custodian hereunder. Custodian shall follow such reasonable Written Instructions concerning the transfer of custody <br />of records, U.S. Securities and other items as Customer shall give; provided, that (a) Custodian shall have no liability for shipping and <br />insurance costs associated therewith, and (b) full payment shall have been made to Custodian of its compensation, costs, expenses and <br />other amounts to which i[ is entitled hereunder. If any U.S. Securities or cash remain in the Account, Custodian may deliver to
The URL can be used to link to this page
Your browser does not support the video tag.