Common use of Scope of Obligations Clause in Contracts

Scope of Obligations. Transfer Agent shall at all times use reasonable care in performing Shareholder Internet Services under this Agreement. With respect to any claims for losses, damages, costs or expenses which may arise directly or indirectly from security procedures which Transfer Agent has implemented or omitted, Transfer Agent shall be presumed to have used reasonable care if it has followed, in all material respects, its security procedures then in effect. Transfer Agent’s security procedures for shareholder Internet access reflect current industry standards and Transfer Agent shall modify such security procedures from time to time to reflect changes in industry standards. Transfer Agent also may, but shall not be required to, modify such security procedures to the extent it believes, in good faith, that such modifications will enhance the security of

Appears in 20 contracts

Sources: Transfer Agency and Service Agreement (Diversified Real Asset Income Fund), Transfer Agency and Service Agreement (Nuveen Global High Income Fund), Transfer Agency and Service Agreement (Diversified Real Asset Income Fund)

Scope of Obligations. Transfer Agent shall at all times use reasonable care in performing Shareholder Internet Services under this Agreement. With respect to any claims for losses, damages, costs or expenses which may arise directly or indirectly from security procedures which Transfer Agent has implemented or omitted, Transfer Agent shall be presumed to have used reasonable care if it has followed, in all material respects, its security procedures then in effect. Transfer Agent’s 's security procedures for shareholder Internet access reflect current industry standards and Transfer Agent shall modify such security procedures from time to time to reflect changes in industry standards. Transfer Agent also may, but shall not be required to, modify such security procedures to the extent it believes, in good faith, that such modifications will enhance the security of

Appears in 16 contracts

Sources: Transfer Agency and Service Agreement (Nuveen Insured New York Tax Free Advantage Municipal Fund), Transfer Agency and Service Agreement (Nuveen Quality Preferred Income Fund 3), Transfer Agency and Service Agreement (Nuveen Real Estate Income Fund)