Common use of DUTIES, RESPONSIBILITIES AND LIMITATION OF LIABILITY Clause in Contracts

DUTIES, RESPONSIBILITIES AND LIMITATION OF LIABILITY. (a) In the performance of its duties hereunder, U.S. Trust shall be obligated to act in good faith in performing the services provided for under this Agreement. In performing its services hereunder, U.S. Trust shall be entitled to rely on any oral or written instructions, notices or other communications, including electronic transmissions, from the Company and its custodians, officers and directors, investors, agents and other service providers which U.S. Trust reasonably believes to be genuine, valid and authorized. U.S. Trust shall also be entitled to consult with and rely on the advice and opinions of outside legal counsel retained by the Company, as necessary or appropriate.