Common use of Duties and Obligations of the Administrator Clause in Contracts

Duties and Obligations of the Administrator. (a) Subject to the general direction and control of a Trust’s Board and the provisions of this Agreement, the Administrator shall provide to each Series and its Classes all Services as deemed necessary or advisable for the operation of such Series and its Classes, including without limitation those Services set forth on Schedule C attached hereto. The Administrator can use any of the officers and employees of the Administrator to provide any of the Services or reports required under this Agreement. (b) In performing its duties hereunder, the Administrator shall provide, at its expense, appropriate office space, facilities, equipment and personnel. (c) Each Trust shall cause its officers, advisers, distributors, legal counsel, independent accountants, transfer agent, and any other service provider to cooperate with and provide the Administrator, or any third parties appointed under Section 1, upon its reasonable request, with such information, documents and advice relating to such Trust and/or Series as is within the possession or knowledge of such persons, and which in the opinion of the Administrator, is necessary in order to enable it to perform its duties hereunder. (d) The Administrator may consult with legal counsel to the appropriate Series, at such Series’ expense, and shall not be liable for any action taken or omitted to be taken in good faith and with due care in accordance with such instructions or with the advice or opinion of such legal counsel.

Duties and Obligations of the Administrator. (a) Subject to the general direction and control of a Trust’s Board and the provisions of this Agreement, the Administrator shall provide to each Series and its Classes all Services administrative and clerical services as deemed necessary or advisable for the operation of such Series and its Classes, including without limitation those Services services set forth on Schedule C attached hereto. The Administrator can use any of the officers and employees of the Administrator to provide any of the Services services or reports required under this Agreement. (b) In performing its duties hereunder, the Administrator shall provide, at its expense, appropriate office space, facilities, equipment and personnel. (c) Each Trust shall cause its officers, advisers, distributors, legal counsel, independent accountants, transfer agent, and any other service provider to cooperate with the Administrator and to provide the Administrator, or any third parties appointed under Section 1, upon its reasonable request, with such information, documents and advice relating to such Trust and/or Series as is within the possession or knowledge of such persons, and which in the opinion of the Administrator, is necessary in order to enable it to perform its duties hereunder. (d) The Administrator may consult with legal counsel to the appropriate Series, at such Series’ expense, and shall not be liable for any action taken or omitted to be taken in good faith and with due care in accordance with such instructions or with the advice or opinion of such legal counsel.

Duties and Obligations of the Administrator. (a) Subject to the general direction and control of a the Trust’s Board and the provisions of this Agreement, the Administrator shall provide to each Series and its Classes all Services as deemed necessary or advisable for the operation of such Series and its Classes, including without limitation those Services set forth on Schedule C attached hereto. The Administrator can use any of the officers and employees of the Administrator to provide any of the Services or reports required under this Agreement. (b) In performing its duties hereunder, the Administrator shall provide, at its expense, appropriate office space, facilities, equipment and personnel. (c) Each The Trust shall cause its officers, advisers, distributors, legal counsel, independent accountants, transfer agent, and any other service provider to cooperate with and provide the Administrator, or any third parties appointed under Section 1, upon its reasonable request, with such information, documents and advice relating to such Trust and/or Series as is within the possession or knowledge of such persons, and which in the opinion of the Administrator, is necessary in order to enable it to perform its duties hereunder. (d) The Administrator may consult with legal counsel to the appropriate Series, at such Series’ expense, and shall not be liable for any action taken or omitted to be taken in good faith and with due care in accordance with such instructions or with the advice or opinion of such legal counsel.