Common use of MIFT Clause in Contracts

MIFT. The Client expressly acknowledges that it is aware that a MIFT increases the risk of error, security, privacy issues and fraudulent activities. If the Custodian acts on a MIFT provided that the Custodian has satisfied the standard of care provided in Section 11 of this Agreement and complies with the applicable ____________________________________________________________________________________________________________ GCSA ▇▇▇▇ ▇▇.▇▇.▇▇ NY - (Neg ALTMFX TRUST formerly know as ALTX Trust, JANUARY 6, 2015) security procedures, the Client shall be responsible for any costs, losses and other expenses suffered by the Client or the Custodian.

MIFT. The Client expressly acknowledges that it is aware that a MIFT increases the risk of error, security, privacy issues and fraudulent activities. If the Custodian acts on a MIFT provided that the Custodian has satisfied the standard of care provided in Section 11 of this Agreement and complies with the applicable ____________________________________________________________________________________________________________ GCSA ▇▇▇▇ ▇▇.▇▇.▇▇ NY - (Neg ALTMFX TRUST formerly know as ALTX TrustTRUST, JANUARY 6SEPTEMBER 17, 20152014) security procedures, the Client shall be responsible for any costs, losses and other expenses suffered by the Client or the Custodian.