Common use of Conflicting Advice Clause in Contracts

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from the Fund, and the advice it receives from counsel, PFPC Trust shall be entitled to rely upon and follow the advice of counsel.

Appears in 90 contracts

Samples: Custodian Services Agreement (Firsthand Technology Value Fund, Inc.), Custodian Services Agreement (Fairholme Funds Inc), Custodian Services Agreement (Trust for Credit Unions)

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Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from the a Fund, and the advice it receives from counsel, PFPC Trust shall be entitled to rely upon and follow the advice of counsel.

Appears in 20 contracts

Samples: Custodian Services Agreement (PNC Long-Short TEDI Fund LLC), Custodian Services Agreement (PNC Absolute Return TEDI Fund LLC), Custodian Services Agreement (PNC Long-Short Fund LLC)

Conflicting Advice. In the event of a conflict between directions or directions, advice or Oral Instructions or Written Instructions PFPC Trust receives from the Fund, and the advice it receives from counsel, PFPC Trust shall be entitled to rely upon and follow the advice of counsel.

Appears in 10 contracts

Samples: Transfer Agency Services Agreement Terms and Conditions (American Skandia Trust), Administration and Accounting Services Agreement Terms and Conditions (RBB Fund Inc), Administration and Accounting Services Agreement Terms and Conditions (RBB Fund Inc)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from the FundCompany, and the advice it receives from counsel, PFPC Trust shall be entitled to rely upon and follow the advice of counsel.

Appears in 8 contracts

Samples: Custodian Services Agreement (UST Global Private Markets Fund, LLC), Custodian Services Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 2), LLC), Custodian Services Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 1), LLC)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund, and the advice it receives from counselcounsel pursuant to subparagraph (b) of this Section 5, PFPC Trust shall be entitled to rely upon and follow the advice of counsel.

Appears in 5 contracts

Samples: Custodian Services Agreement (Blackrock Liquidity Funds), Custodian Services Agreement (BlackRock Fixed Income Value Opportunities), Custodian Services Agreement (BlackRock Funds II)

Conflicting Advice. In the event of a conflict between directions or ------------------ advice or Oral Instructions or Written Instructions PFPC Trust receives from the Fund, and the advice it receives from counsel, PFPC Trust shall be entitled to rely upon and follow the advice of counsel.

Appears in 4 contracts

Samples: Custodian Services Agreement (Old Dominion Investors Trust Inc), Custodian Services Agreement (Stratton Monthly Dividend Reit Shares Inc), Custodian Services Agreement (Torray Fund)

Conflicting Advice. In the event of a conflict between directions or directions, advice or Oral Instructions or Written Instructions PFPC Trust receives from the Fund, and the advice it receives from counsel, PFPC Trust shall be entitled to rely upon and follow the advice of counsel.. (d)

Appears in 4 contracts

Samples: And Accounting Services Agreement Terms and Conditions (RBB Fund Inc), And Accounting Services Agreement Terms and Conditions (RBB Fund Inc), Administration and Accounting Services Agreement Terms and Conditions (RBB Fund Inc)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from the Fund, and the advice it receives from counsel, PFPC Trust shall be entitled to rely upon and follow the advice of counselcounsel and shall notify the Fund of any such action that materially conflicts with such Written Instructions.

Appears in 2 contracts

Samples: Custodian Services Agreement (Wilshire Variable Insurance Trust), Custodian Services Agreement (Wilshire Mutual Funds Inc)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from the Fund, and the advice it receives from counsel, PFPC Trust shall be entitled to rely upon and follow the advice of counsel. PFPC Trust shall provide the Fund with prior written notice of its intention to follow advice of counsel that is materially inconsistent with Oral Instructions or Written Instructions. PFPC Trust shall further provide the Fund with a copy of such advice of counsel.

Appears in 2 contracts

Samples: Custodian Services Agreement (Roxbury Funds), Custodian Services Agreement (Roxbury Funds)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from the Fund, and the advice it receives from counsel, PFPC Trust shall be entitled to may, following consultation with the Manager in accordance with subsection (d) below, rely upon and follow the advice of counsel.

Appears in 2 contracts

Samples: Custodian Services Agreement (J P Morgan Atlas Global Long / Short Equity Fund LLC), Custodian Services Agreement (Jp Morgan Multi-Strategy Fund LLC)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from the FundFunds, and the advice it receives from counsel, PFPC Trust shall be entitled to rely upon and follow the advice of counsel involving an issue of compliance with law or legal requirements, PFPC Trust shall be entitled to rely upon and follow the reasonable advice of counsel, provided PFPC Trust has discussed the matter with the Funds and/or counsel of the Funds' choosing and the conflict is not resolved.

Appears in 2 contracts

Samples: Custodian Services Agreement (CSFB Alternative Capital Multi-Strategy Fund, LLC), Custodian Services Agreement (CSFB Alternative Capital Tactical Trading Institutional Fund, LLC)

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Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from the Fund, and the advice it receives from counsel, PFPC Trust shall be entitled notify Fund counsel if it intends to rely upon and follow direction or advice different from that provided by the advice of counselFund.

Appears in 2 contracts

Samples: Custodian Services Agreement (Kelmoore Strategic Trust), Custodian Services Agreement (Kelmoore Strategy Variable Trust)

Conflicting Advice. In the event of a conflict between directions or directions, ------------------ advice or Oral Instructions or Written Instructions PFPC Trust receives from the Fund, and the advice it receives from counsel, PFPC Trust shall be entitled to rely upon and follow the advice of counsel.

Appears in 2 contracts

Samples: Custodian Services Agreement (Provident Institutional Funds), Custodian Services Agreement (Provident Institutional Funds)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or and/or Written Instructions PFPC Trust receives from the Fund, and the advice it receives from counsel, involving an issue of compliance with law or legal requirements, PFPC Trust shall be entitled to rely upon and follow the reasonable advice of counsel, provided PFPC Trust has discussed the matter with the Fund and/or counsel of the Fund’s choosing and the conflict is not resolved.

Appears in 1 contract

Samples: Custodian Services Agreement (Citigroup Alternative Investments Multi Adv Hedge Fu Por LLC)

Conflicting Advice. In the event of a conflict between ------------------ directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from the Fund, and the advice it receives from counsel, PFPC Trust shall be entitled to rely upon and follow the advice of counsel.

Appears in 1 contract

Samples: Custodian Services Agreement (Sage Life Investment Trust)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from the Fund, and the advice it nu receives from counsel, PFPC Trust shall be entitled to rely upon and follow the advice of counsel.

Appears in 1 contract

Samples: Custodian Services Agreement (Turner Funds)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or and/or Written Instructions PFPC Trust receives from the Fund, and the advice it receives from counsel, if involving an issue of compliance with law or legal requirements, PFPC Trust shall be entitled to rely upon and follow the reasonable advice of counsel, provided PFPC Trust has discussed the matter with the Fund and/or counsel of the Fund's choosing and the conflict is not resolved.

Appears in 1 contract

Samples: Custodian Services Agreement (Citigroup Alternative Investments Multi Adv Hedge Fu Por LLC)

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