Page. At any time the Company may apply to any officer of the Investment Company or Fund for instructions, and may consult with legal counsel or the Investment Company's independent accountants with respect to any matter arising in connection with the services to be performed by the Company under this Agreement, and the Company and its agents or subcontractors shall not be liable and shall be indemnified by the Investment Company or the appropriate Fund for any action reasonably taken or omitted by it in reliance upon such instructions or upon the opinion of such counsel or independent accountant provided such action is not in violation of applicable federal or state laws or regulations.
Appears in 3 contracts
Sources: Administrative Services Agreement (Money Market Obligations Trust /New/), Administrative Services Agreement (Federated Fixed Income Securities Inc), Administrative Services Agreement (Money Market Obligations Trust /New/)