Liability for Non-Compliance. CERES shall be solely liable for any and all consequences, including but not limited to administrative enforcement actions, fines, penalties, or legal consequences, arising out of a failure to comply with the FinCEN Requirements. This liability shall extend to any such failure by CERES, its employees, agents, or subcontractors.
Appears in 2 contracts
Sources: Sub Transfer Agency Agreement (360 Funds), Sub Transfer Agency Agreement (360 Funds)