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, Service Provider shall be obligated to act in good faith in performing the services provided for under this Agreement. In performing its services hereunder, UAMFSI represents and warrants that Service Provider shall be entitled to rely on any oral or written instructions, notices or other communications, including electronic transmissions, from UAMFSI and the Fund and its custodians, officers and directors, investors, agents, legal counsel and other service providers which Service Provider reasonably believes to be genuine, valid and authorized, and that Service Provider shall also be entitled to consult with and rely on the advice and opinions of outside legal counsel retained by UAMFSI and/or the Fund, as necessary or appropriate.