INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. b. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s). Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 8 contracts
Sources: Administration Agreement (SSgA Master Trust), Administration Agreement (SSgA Active ETF Trust), Administration Agreement (SSgA Master Trust)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any designated officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reasonable reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Trust. Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 7 contracts
Sources: Administration and Accounting Agreement (Lord Asset Management Trust), Administration Agreement (AARP Funds), Administration Agreement (AARP Portfolios)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee Company for instructions Proper Instructions and may consult with its own legal counsel at the expense of the Administrator or outside counsel for the Trust Company or the independent accountants for the Trust Company at the expense of the TrustCompany, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall not be liable, and shall be indemnified by the TrustCompany, for any action taken or omitted by it in good faith in reliance upon any such instructions Proper Instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Company. Nothing in this section paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 6 contracts
Sources: Administration Agreement (Advantus Series Fund Inc), Administration Agreement (Securian Life Variable Universal Life Account), Administration Agreement (Variable Annuity Account)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants registered public accounting firm for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Trust. Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 5 contracts
Sources: Administration Agreement (Morgan Creek Global Equity Long/Short Institutional Fund), Administration Agreement (Morgan Creek Global Equity Long/Short Fund), Administration Agreement (Global Equity Long/Short Master Fund)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust Company or his or her designee other Authorized Persons for instructions and may consult with its own legal counsel or outside counsel for the Trust Company or the independent accountants for the Trust Company at the expense of the TrustCompany, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The . Subject to Section 8 hereof, the Administrator shall not be liable, and shall be indemnified by the TrustCompany, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Company. Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 5 contracts
Sources: Administration Agreement (Goldman Sachs Middle Market Lending LLC II), Administration Agreement (Goldman Sachs Private Middle Market Credit II LLC), Administration Agreement (Goldman Sachs Middle Market Lending Corp.)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel at its own expense or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Trust. Nothing in this section paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 4 contracts
Sources: Master Administration Agreement (Met Investors Series Trust), Master Administration Agreement (Metropolitan Series Fund), Administration Agreement (Met Investors Series Trust)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust Fund or his or her designee for instructions and may consult with its own legal counsel or or, in consultation with the Fund, outside counsel for the Trust Fund or the independent accountants for the Trust Fund at the expense of the TrustFund, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the TrustFund, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Fund. Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 4 contracts
Sources: Administration Agreement (Ares Dynamic Credit Allocation Fund, Inc.), Administration Agreement (CION Ares Diversified Credit Fund), Administration Agreement (Ares Multi-Strategy Credit Fund, Inc.)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust Trusts or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust Trusts or the independent accountants for the Trust Trusts at the expense of the TrustTrusts, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall not be liable, and shall be indemnified by the TrustTrusts, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Trusts. Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 4 contracts
Sources: Master Administration Agreement (Highland Global Allocation Fund), Master Administration Agreement (Highland Global Allocation Fund Ii), Master Administration Agreement (Highland Funds I)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust Trusts or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust Trusts or the independent accountants for the Trust Trusts at the expense of the TrustTrusts, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the TrustTrusts, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s). Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 4 contracts
Sources: Administration Agreement (Alpine Income Trust), Administration Agreement (Alpine Series Trust), Administration Agreement (Alpine Equity Trust)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to seek instruction from any officer of the Trust Fund or his or her designee for instructions and may reasonably consult with its own legal counsel or outside counsel for the Trust Fund or the independent accountants for the Trust Fund at the expense of the TrustFund, or with its own counsel at its own expense, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the TrustFund, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any a person until receipt of written notice thereof from by the Fund(s)Fund. Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 3 contracts
Sources: Administration Agreement (Avenue Income Credit Strategies Fund), Administration Agreement (Avenue Mutual Funds Trust), Administration Agreement (Avenue Income Credit Strategies Fund)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust Company or his or her designee other Authorized Persons for instructions and may consult with its own legal counsel or outside counsel for the Trust Company or the independent accountants for the Trust Company at the expense of the TrustCompany, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The . Subject to Section 8 hereof, the Administrator shall not be liable, and shall be indemnified by the Trusteach Company, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Company. Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 3 contracts
Sources: Administration Agreement (Goldman Sachs Private Markets Fund 2018 LLC), Administration Agreement (Goldman Sachs Private Markets Fund 2018 (B) LLC), Administration Agreement (Goldman Sachs Private Markets Fund 2018 (A) LLC)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s). Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 3 contracts
Sources: Administration Agreement (Litman Gregory Funds Trust), Administration Agreement (Renaissance Capital Greenwich Funds), Administration Agreement (Renaissance Capital Greenwich Funds)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer designated officer(s) of the Managing Owner on behalf of a Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the each Trust or the independent accountants for the a Trust at the expense of the applicable Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the each Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)applicable Trust. Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 2 contracts
Sources: Administration Agreement (FactorShares 2X: Gold Bull/S&p500 Bear), Administration Agreement (FactorShares S&P Crude Oil Premium)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee Fund for instructions and may consult with its own legal counsel or outside counsel for the Trust Fund or the independent accountants for the Trust Fund at the expense of the TrustFund, or with its own legal counsel at its own expense with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall not be liable, and shall be indemnified by the TrustFund, for any action taken or omitted by it in good faith and without negligence in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Fund. Nothing in this section paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 2 contracts
Sources: Administration Agreement (Monument Series Fund Inc), Administration Agreement (Monument Series Fund Inc)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the a Trust or his the Trust’s investment adviser or her their designee for instructions and may consult with its own legal counsel or outside counsel for the Trust Trusts or the independent accountants for the Trust at the expense of the TrustTrusts, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall not be liable, and shall be indemnified by the TrustTrusts, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by an officer or other representative of the proper person or personsTrusts. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)applicable Trust. Nothing in this section paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 2 contracts
Sources: Administration Agreement (H&q Healthcare Investors), Administration Agreement (H&q Life Sciences Investors)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Funds. Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 2 contracts
Sources: Administration Agreement (Allstate Financial Investment Trust), Administration Agreement (Allstate Financial Investment Trust)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust a Fund or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trusta Fund, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall be entitled to rely on and may act upon advice of counsel on matters arising in connection with its duties hereunder The Administrator shall not be liable, and shall be indemnified by the TrustFund, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the a Fund(s). Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 2 contracts
Sources: Administration Agreement (Calamos Aksia Hedged Strategies Fund), Administration Agreement (Calamos Aksia Private Equity & Alternatives Fund)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the each Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust Trusts or the independent accountants for the Trust Trusts at the expense of the TrustTrusts, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the each Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s). Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 2 contracts
Sources: Tax Administrative Services Agreement (Rs Investment Trust), Tax Administrative Services Agreement (RS Variable Products Trust)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or personspersons provided the Administrator’s actions or omissions meet the standard of care set forth in paragraph 9. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s). Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 2 contracts
Sources: Transfer Agency and Service Agreement (Capital Private Client Services Funds), Transfer Agency and Service Agreement (Capital Private Client Services Funds)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust Company or his or her designee for instructions and may may, after providing notice to the Company, consult with its own legal counsel or outside counsel for the Trust Company or the independent accountants for the Trust Company at the expense of the TrustCompany, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall not be liable, and shall be indemnified by the TrustCompany, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Company. Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 2 contracts
Sources: Administration Agreement (Calvert SAGE Fund), Administration Agreement (Calvert Responsible Index Series, Inc.)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust where prior consent for such expense has been provided by the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Trust. Nothing in this section paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 1 contract
Sources: Administration Agreement (Fresco Index Shares Funds)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust Funds or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust Funds or the independent accountants for the Trust Funds at the expense of the TrustFunds, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the TrustFunds, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(sPortfolio(s). Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 1 contract
Sources: Administration Agreement (Artio Global Investment Funds)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or with the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it with respect to the Trust in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Trust. Nothing in this section paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 1 contract
Sources: Administration Agreement (Lmi Funds)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or or, with the knowledge of the Trust, outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s). Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 1 contract
Sources: Administration Servicing Agreement (Janus Investment Fund)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee Company (who is not an employee of the Company) for instructions and may consult with its own legal counsel or outside counsel for the Trust Company or the independent accountants for the Trust Company at the expense of the TrustCompany, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator may consult with its own legal counsel at its own cost. The Administrator shall not be liable, and shall be indemnified by the TrustCompany, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Company. Nothing in this section paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 1 contract
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his the Trust’s investment adviser or her their designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by an officer or other representative of the proper person or personsTrust. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Trust. Nothing in this section Section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 1 contract
Sources: Administration Agreement (Tekla World Healthcare Fund)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Fund. Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 1 contract
Sources: Administration Agreement (Scottish Widows Investment Partnership Trust)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or counsel, at its own expense, or, in consultation with the Trust, with outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Trust. Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 1 contract
Sources: Administration Agreement (O'Connor Fund of Funds: Masters)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s). Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 1 contract
Sources: Administration Agreement (Pax World Funds Trust II)
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or at its own expense or, with the consent of an authorized Trust officer, outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s). Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 1 contract
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult consult, when reasonably necessary in its good faith judgement, with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall not be liable, and shall be indemnified by the Trust, for any action reasonably taken or reasonably omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Trust. Nothing in this section paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 1 contract
INSTRUCTIONS AND ADVICE. a. At any time, the Administrator may apply to any officer of the Trust or his the Trust’s investment adviser or her their designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement.
b. . The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by an officer or other representative of the proper person or personsTrust. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Trust. Nothing in this section paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.
Appears in 1 contract
Sources: Administration Agreement (Tekla Healthcare Opportunities Fund)