Common use of Apparent Authority Clause in Contracts

Apparent Authority. No purchaser, seller, transfer agent or other Person dealing with the Trustees or any officer, employee or agent of the Trust shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Trustees or by such officer, employee or agent or make inquiry concerning or be liable for the application of money or property paid, transferred or delivered to or on the order of the Trustees or of such officer, employee or agent.

Appears in 3 contracts

Samples: Interlocal Agreement and Declaration of Trust, Interlocal Agreement, Joint Powers Agreement (Iowa Public Agency Investment Trust)

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Apparent Authority. No purchaser, sellerlender, transfer agent or other Person dealing with the Trustees or any officer, employee or agent of the Trust shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Trustees or by such officer, employee or agent or make inquiry concerning or be liable for the application of money or property paid, transferred loaned or delivered to or on the order of the Trustees or of such officer, employee or agent.

Appears in 2 contracts

Samples: Trust Agreement (Conseco Fund Group), Agreement and Declaration of Trust (Providian Series Trust)

Apparent Authority. No purchaser, seller, transfer agent or other Person dealing with the Trustees Commission or any officer, employee or agent of the Trust Commission shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Trustees Commission or by such officer, employee or agent or make inquiry concerning or be liable for the application of money or property paid, transferred or delivered to or on the order of the Trustees Commission or of such officer, employee or agent.

Appears in 2 contracts

Samples: Intergovernmental Cooperation Agreement, Intergovernmental Cooperation Agreement

Apparent Authority. No purchaser, seller, transfer agent or other Person person dealing with the Trustees or any officer, employee or agent of the Trust shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Trustees or by such officer, employee or agent or make inquiry concerning or be liable for the application of money or property paid, transferred or delivered to or on the order of the Trustees or of such officer, employee or agent.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Apparent Authority. No purchaser, sellerlender, transfer agent registrar or other Person person dealing with the Trustees Trustee or any director, officer, employee or agent of the Trust Fund or of the Trustee, manager or investment adviser shall be bound to make any inquiry enquiry concerning the validity of any transaction purporting to be made by the Trustees Trustee, manager and investment adviser or by such director, officer, employee or agent or make inquiry concerning or be liable for the application of money or property paid, transferred loaned or delivered to or on the order of the Trustees Trustee, manager or investment adviser or of such director, officer, employee or agent.

Appears in 1 contract

Samples: Trust Agreement

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Apparent Authority. No purchaser, sellerlender, transfer agent, registrar, warrant agent, dividend distributing agent or other Person person dealing with the Trustees or Advisor or any officer, employee or agent of the Trust Fund shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Trustees or Advisor or by such officer, employee or agent or make inquiry concerning or be liable for the application of money or property paid, transferred loaned or delivered to or on the order of the Trustees or of Advisor, or such officer, employee or agent.

Appears in 1 contract

Samples: Restated Trust Indenture (Ameritor Investment Fund)

Apparent Authority. No purchaser, seller, transfer agent or other Person dealing with the Trustees or any officer, employee or agent of the Trust Fund shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Trustees or by such officer, employee or agent or make inquiry concerning or be liable for the application of money or property paid, transferred or delivered to or on the order of the Trustees or of such officer, employee or agent.

Appears in 1 contract

Samples: Interlocal Agreement (Declaration of Trust)

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