Common use of Responsibility of PFPC Clause in Contracts

Responsibility of PFPC. PFPC shall be under no duty to take any action on behalf of the Fund except as specifically set forth herein or as may be specifically agreed to by PFPC in writing. PFPC shall be obligated to exercise due care and diligence in the performance of its duties hereunder, to act in good faith and to use its best efforts in performing services provided for under this Agreement. PFPC shall be liable only for any damages arising out of or in connection with PFPC's performance of or omission or failure to perform its duties under this 10

Appears in 2 contracts

Sources: Transfer Agency Services and Shareholder Services Agreement (Kidder Peabody California Tax Exempt Money Fund), Transfer Agency Services and Shareholder Services Agreement (Mitchell Hutchins Kidder Peabody Investment Trust)

Responsibility of PFPC. PFPC shall be under no duty to take any ---------------------- action on behalf of the Fund except as specifically set forth herein or as may be specifically agreed to by PFPC in writing. PFPC shall be obligated to exercise due care and diligence in the performance of its duties hereunder, to act in good faith and to use its best efforts in performing services provided for under this Agreement. PFPC shall be liable only for any damages arising out of or in connection with PFPC's performance of or omission or failure to perform its duties under this 10this

Appears in 1 contract

Sources: Transfer Agency Services and Shareholder Services Agreement (Paine Webber Kidder Peabody Municipal Money Market Series)

Responsibility of PFPC. PFPC shall be under no duty to take any action on behalf of the Fund except as specifically set forth herein or as may be specifically agreed to by PFPC in writing. PFPC shall be obligated to exercise due care and diligence in In the performance of its duties hereunder, PFPC shall be obligated to exercise care and diligence and to act in good faith and to use its best efforts in performing within reasonable limits to insure the accuracy of all services provided for performed under this Agreement. PFPC shall be liable only responsible for any damages arising out of or in connection with PFPC's performance of or omission or its own negligent failure to perform its duties under this 10Agreement, but to the

Appears in 1 contract

Sources: Transfer Agency Agreement (Municipal Fund for New York Investors Inc)

Responsibility of PFPC. (a) PFPC shall be under no duty to take any action on behalf of the Fund or any Portfolio except as specifically set forth herein or as may be specifically agreed to by PFPC in writing. PFPC shall be obligated to exercise due care and diligence in the performance of its duties hereunder, to act in good faith and to use its best efforts efforts, within reasonable limits, in performing services provided for under this Agreement. PFPC shall be liable only for any damages arising out of or in connection with PFPC's performance of or omission or failure to perform its duties under this 10liable

Appears in 1 contract

Sources: Administration and Accounting Services Agreement (Needham Funds Inc)

Responsibility of PFPC. PFPC shall be under no duty to take any action on behalf of the Fund except as specifically set forth herein or as may be specifically agreed to by PFPC in writing. PFPC shall be obligated to exercise due care and diligence in In the performance of its duties hereunder, PFPC shall be obligated to exercise care and diligence and to act in good faith and to use its best efforts in performing within reasonable limits to ensure the accuracy and completeness of all services provided for performed under this Agreement. PFPC shall be liable only for any damages arising out of or in connection with PFPC's performance of or omission or failure to perform its duties under this 10.

Appears in 1 contract

Sources: Transfer Agency Agreement (Chestnut Street Exchange Fund)

Responsibility of PFPC. (a) PFPC shall be under no duty to take any action on behalf of the Fund or any Portfolio except as specifically set forth herein or as may be specifically agreed to by PFPC in writing. PFPC shall be obligated to exercise due care and diligence in the performance of its duties hereunder, to act in good faith and to use its best efforts efforts, within reasonable limits, in performing services provided for under this Agreement. PFPC shall be liable only for any damages arising out of or in connection with PFPC's performance of or omission or failure to perform its duties under this 10Agreement

Appears in 1 contract

Sources: Administration and Accounting Services Agreement (Haven Capital Management Trust)