Common use of INSTRUCTIONS AND ADVICE Clause in Contracts

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Trust. Nothing in this paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.

Appears in 21 contracts

Samples: Administration Agreement (Rydex Etf Trust), Administration Agreement (Henderson Global Funds), Administration Agreement (Drake Funds Trust)

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INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Trust. Nothing in this paragraph section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.

Appears in 6 contracts

Samples: Administration Agreement (Select Sector SPDR Trust), Administration Agreement (SPDR INDEX SHARES FUNDS (Formerly streetTRACKS Index Shares Funds)), Administration Agreement (SSGA Active Trust)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust for instructions and may consult with its own legal counsel at its own expense or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Trust. Nothing in this paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.

Appears in 4 contracts

Samples: Master Administration Agreement (Met Investors Series Trust), Master Administration Agreement (Metropolitan Series Fund), Administration Agreement (Met Investors Series Trust)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the TrustFund(s). Nothing in this paragraph section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.

Appears in 3 contracts

Samples: Administration Agreement (State Street Institutional Investment Trust), Administration Agreement (State Street Master Funds), Administration Agreement (Ssga Funds)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the TrustFund(s). Nothing in this paragraph section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.

Appears in 3 contracts

Samples: Administration Agreement (Litman Gregory Funds Trust), Administration Agreement (Renaissance Capital Greenwich Funds), Administration Agreement (Renaissance Capital Greenwich Funds)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Company for instructions and may consult with its own legal counsel or outside counsel for the Trust Company or the independent accountants for the Trust Company at the expense of the TrustCompany, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall not be liable, and shall be indemnified by the TrustCompany, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the TrustCompany. Nothing in this paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.

Appears in 3 contracts

Samples: Administration Agreement (RCM Capital Funds Inc /Md/), Administration Agreement (Security Capital U S Real Estate Shares Inc), Administration Agreement (RCM Equity Funds Inc)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Company for instructions and may consult with its own legal counsel or outside counsel for the Trust Company or the independent accountants for the Trust Company at the expense of the TrustCompany, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall not be liable, and shall be indemnified by the TrustCompany, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the TrustCompany. Nothing in this paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.

Appears in 2 contracts

Samples: Sub Administration Agreement (Security Capital U S Real Estate Shares Inc), Sub Administration Agreement (Security Capital U S Real Estate Shares Inc)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Authorized Person for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the TrustFund(s). Nothing in this paragraph section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.

Appears in 2 contracts

Samples: Administration Agreement (Morgan Creek Series Trust), Administration Agreement (Morgan Creek Series Trust)

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INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust for instructions and may consult with its own legal counsel or outside counsel for the Trust or with the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it with respect to the Trust in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Trust. Nothing in this paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.

Appears in 1 contract

Samples: Administration Agreement (Lmi Funds)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Company for instructions and may consult with its own legal counsel or outside counsel for the Trust Company or the independent accountants for the Trust Company at the expense of the TrustCompany, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall not be liable, and shall be indemnified by the TrustCompany, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the TrustCompany. Nothing in this paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received. 8.

Appears in 1 contract

Samples: Form of Administration Agreement (Emerging Germany Fund Inc)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Company for instructions and may consult with its own legal counsel or outside counsel for the Trust Company or the independent accountants for the Trust Company at the expense of the TrustCompany, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall not be liable, and shall be indemnified by the TrustCompany, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the TrustCompany. Nothing in this paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.

Appears in 1 contract

Samples: Administration Agreement (Holland Series Fund Inc)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions and may consult with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the Trust, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall not be liable, and shall be indemnified by the Trust, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the TrustFund(s). Nothing in this paragraph section shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.

Appears in 1 contract

Samples: Form of Administration Agreement (Babson Capital Funds Trust)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Company for instructions and may consult with its own legal counsel or outside counsel for the Trust Company or the independent accountants for the Trust Fund at the expense of the TrustFund, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall not be liable, and shall be indemnified by the TrustFund, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the TrustCompany. Nothing in this paragraph shall be construed as imposing upon the Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.

Appears in 1 contract

Samples: Administration Agreement Administration Agreement (RCM Equity Funds Inc)

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