Safekeeping Exculpation. The Custodian will have no obligation to (i) determine what Loan Documents may exist for a Loan, (ii) obtain any Loan Document that is not delivered or transmitted by the Customer to the Custodian, or (iii) examine the contents or determine the sufficiency of any Loan Document. The Custodian will be entitled to assume the genuineness, sufficiency and completeness of any Loan Document and the genuineness and due authority of any person whose signature appears on any Loan Document. The Custodian will have no liability for any act or omission of a sub-custodian or securities depository for a Loan Document.
Appears in 2 contracts
Sources: Loan Services Addendum (BlackRock Direct Lending Corp.), Loan Services Addendum (BlackRock Direct Lending Corp.)