Liability for Depositories. BNY will have no responsibility or liability for the activities of any Depository arising out of or relating to this Agreement or any cost or burden imposed on the transfer or holding of Assets held with such Depository.
Appears in 8 contracts
Sources: Custody Agreement (Putnam ETF Trust), Custody Agreement (Legg Mason ETF Investment Trust), Custody Agreement (Fundrise Real Estate Interval Fund II, LLC)
Liability for Depositories. BNY will have no responsibility or liability for the activities of any Depository arising out of or relating to this Agreement or any cost or burden imposed on the transfer or holding of Assets held with such Depository; provided that, for clarity, BNY remains responsible for its own acts and omissions pursuant to the terms of this Agreement.
Appears in 1 contract
Sources: Custody Agreement (Blackstone Private Real Estate Credit & Income Fund)