Common use of Limitation to Delegated Selection Clause in Contracts

Limitation to Delegated Selection. Notwithstanding anything in this Delegation Agreement to the contrary, the FCM Agreement may provide that the duties under this Section 3 shall apply only to Eligible Foreign Custodians selected by the Delegate and shall not apply to any Eligible Foreign Custodian that the Delegate is directed to use pursuant to Section 7 of this Delegation Agreement.

Appears in 3 contracts

Sources: Delegation Agreement (Versus Capital Real Assets Fund LLC), Delegation Agreement (Versus Capital Multi-Manager Real Estate Income Fund LLC), Delegation Agreement (Versus Capital Infrastructure Income Fund)