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 or his or her designee for instructions or the independent accountants for 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 be entitled to rely on and may act upon advice of counsel (who may be counsel for the Trust) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. 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 Fund(s). Nothing in this 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 (Domini Investment Trust), Administration Agreement (PFM Multi-Manager Series Trust), Administration Agreement (OWLshares Trust)

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INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust a Company or his or her designee for instructions or the independent accountants for the Trustsuch Company, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall be entitled to rely on and may act upon advice of counsel (who may be counsel for the Trusta Company) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. The Administrator shall not be liable, and shall be indemnified by the Trusteach Company, 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 Fund(s)a Company. Nothing in this 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: Master Administration Agreement (Partners Group Private Equity (Master Fund), LLC), Master Administration Agreement (Partners Group Private Equity (TEI), LLC), Master Administration Agreement (Partners Group Private Equity, LLC)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Company or his or her designee for instructions or the independent accountants for the Trustsuch Company, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall be entitled to rely on and may act upon advice of counsel (who may be counsel for the TrustCompany) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. The Administrator shall not be liable, and shall be indemnified by the Trusteach Company, 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 Fund(s)Companies. Nothing in this 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 (Partners Group Growth, LLC), Administration Agreement (Partners Group Next Generation Infrastructure LLC)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Fund or his or her designee for instructions or the independent accountants for 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 be entitled to rely on and may act upon advice of counsel (who may be counsel for the TrustFund) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. The Administrator shall not be liable, and shall be indemnified by the Trusteach Fund, 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 Fund(s)Fund. Nothing in this 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 (NorthStar Corporate Income Fund), Administration Agreement (NorthStar Corporate Income Master Fund)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions or the independent accountants for 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 be entitled to rely on and may act upon advice of counsel (who may be counsel for the Trust) on all matters, matters and shall be without liability for any action reasonably taken or omitted pursuant to such advice. 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 Fund(s). Nothing in this section 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 (TCW ETF Trust), Administration Agreement (TCW ETF Trust)

INSTRUCTIONS AND ADVICE. At any time, the Sub-Administrator may apply to any officer of the Trust Administrator or the Fund or his or her designee for instructions or the independent accountants for the TrustAdministrator or Fund, with respect to any matter arising in connection with the services to be performed by the Sub-Administrator under this Agreement. The Sub-Administrator shall be entitled to rely on and may act upon advice of counsel (who may be counsel for the TrustAdministrator or the Fund) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. The Sub-Administrator shall not be liable, and shall be indemnified by the TrustAdministrator, 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 Sub-Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof from the Fund(s)Administrator or the Fund . Nothing in this section shall be construed as imposing upon the Sub-Administrator any obligation to seek such instructions or advice, or to act in accordance with such advice when received.

Appears in 1 contract

Samples: Sub Administration Agreement (Kennedy Lewis Capital Co)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions or the independent accountants for the Trustinstructions, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall be entitled to rely on and may act upon advice of nationally recognized external counsel with appropriate subject matter expertise (who may be counsel for the Trust) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. 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 Fund(s)Trust. Nothing in this 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: Administration and Accounting Agreement (OFI Carlyle Private Credit Fund)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Company or his or her designee for instructions or the independent accountants for 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 be entitled to rely on and may act upon advice of counsel (who may be counsel for the TrustCompany) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. 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 Fund(s). Nothing in this 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: Administration Agreement (AB Active ETFs, Inc.)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the a Trust or his or her designee for instructions or the independent accountants for 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 be entitled to rely on and may act upon advice of counsel (who may be counsel for the Trust) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. 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 Fund(s). Nothing in this 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: Administration Agreement (Weiss Strategic Interval Fund)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust or his or her designee for instructions or the independent accountants for 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 be entitled to rely on and may act upon advice of counsel (who may be counsel for the Trust) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. 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 Fund(s)Fund. Nothing in this 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: Administration Agreement (Cascade Private Capital Fund)

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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 or the independent accountants for 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 be entitled to rely on and may act upon advice of counsel (who may be counsel for the Trust) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advicematters arising in connection with its duties hereunder. 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 accordance with and 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 authorized person until receipt of written notice thereof from the Fund(s)Trust. Nothing in this 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 (Pershing Square USA, Ltd.)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Company or his or her designee for instructions or the independent accountants for 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 be entitled to rely on and may act upon advice of counsel (who may be counsel for the TrustCompany) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. 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 Fund(s)Company. Nothing in this 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: Administration Agreement (Partners Group Private Income Opportunities, LLC)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Sponsor or his or her designee for instructions or the independent accountants for 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 be entitled to rely on and may act upon advice of counsel (who may be counsel for the Trust) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. 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 Fund(s)Trust. Nothing in this 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: Administration Agreement (Cotwo Advisors Physical European Carbon Allowance Trust)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Corporation or his or her designee for instructions or the independent accountants for the TrustCorporation, with respect to any matter arising in connection with the services to be performed by the Administrator under this Agreement. The Administrator shall be entitled to rely on and may act upon advice of counsel (who may be counsel for the TrustCorporation) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. The Administrator shall not be liable, and shall be indemnified by the Trust, liable 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 Fund(s). Nothing in this 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: Administration Agreement (Ohio National Fund Inc)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Company or his or her designee for instructions or the independent accountants for 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 be entitled to rely on and may act upon advice of counsel (who may be counsel for the TrustCompany) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. The Administrator shall not be liable, and shall be indemnified by the Trusteach Company, 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 Fund(s). Nothing in this 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: Administration Agreement (Value Line Asset Allocation Fund Inc)

INSTRUCTIONS AND ADVICE. At any time, the Administrator may apply to any officer of the Trust Fund or his or her designee for instructions or the independent accountants for 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 be entitled to rely on and may act upon advice of counsel (who may be counsel for the TrustFund) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice. 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 Fund(s)Fund. Nothing in this 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: Administration Agreement (PGIM Private Credit Fund)

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