Common use of Pricing Methods Clause in Contracts

Pricing Methods. The Bank is authorized to utilize any recognized --------------- pricing information service or any other means of valuation specified in the applicable Securities Borrowing Agreement ("Pricing Methods") in order to perform its valuation responsibilities with respect to loaned Securities, Collateral and Approved Investments, and the Lender agrees to hold the Bank harmless from and against any loss or damage suffered or incurred as a result of errors or omissions of any such Pricing Methods, except to the extent such loss or damage is due to the negligence, bad faith or willful misconduct of the Bank.

Pricing Methods. The Bank is authorized to utilize any recognized --------------- pricing information service or any other means of valuation specified in the applicable Securities Borrowing Agreement ("Pricing Methods") in order to perform its valuation responsibilities with respect to loaned Securities, Collateral and Approved Investments, and the Lender agrees to hold the Bank harmless from and against any loss or damage suffered or incurred as a result of errors or omissions of any such Pricing Methods, except to the extent such loss or damage is due to the negligence, bad faith or willful misconduct of the Bank.