Instructions, Opinion of Counsel and Signatures. At any time DST may apply to any person authorized by Fund, including without limitation the duly authorized representative of any Authorized Person and any Authorized Personnel set forth on Exhibit D to this Agreement, to give instructions to DST, and may with the approval of a Fund officer consult with legal counsel for Fund or its own legal counsel at the expense of Fund, with respect to any matter arising in connection with the agency and it will not be liable for any action taken or omitted by it in good faith in reliance upon such instructions or upon the opinion of such counsel. DST will be protected in acting upon any paper or document reasonably believed by it to be genuine and to have been signed by the proper person or persons and will not be held to have notice of any change of authority of any person, until receipt of written notice thereof from Fund. It will also be protected in recognizing stock certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of Fund, and the proper countersignature of any former Transfer Agent or Registrar, or of a present or former co-Transfer Agent or co-Registrar.
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Samples: Agency Agreement (Ing Partners Inc), Agency Agreement (Ing Investors Trust), Agency Agreement (Nicholas Applegate Mutual Funds)
Instructions, Opinion of Counsel and Signatures. At any time time, DST may apply to any person authorized in writing by Fund, including without limitation the duly authorized representative of any Authorized Person and any Authorized Personnel set forth on Exhibit D to this Agreement, Fund Transfer Agent to give instructions to DST, and may with the approval of a Fund Transfer Agent officer consult with legal counsel for the Fund or its Fund Transfer Agent, or DST's own legal counsel at the expense of Fundthe Fund Transfer Agent, with respect to any matter arising in connection with the agency and it will not be liable for any action taken or omitted by it in good faith in reliance upon such instructions or upon the opinion of such counsel. DST will be protected in acting upon any paper or document reasonably believed by it to be genuine and to have been signed by the proper person or persons and will not be held to have notice of any change of authority of any person, until receipt of written notice thereof from Fundthe Fund Transfer Agent or an Authorized Person. It will also be protected in recognizing stock certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of a Fund, and the proper countersignature of any former Transfer Agent transfer agent or Registrarregistrar, or of a present or former co-Transfer sub-transfer Agent or co-Registrarregistrar.
Appears in 7 contracts
Samples: Agency Agreement (Scudder Flag Investors Value Builder Fund Inc), Agency Agreement (Scudder Flag Investors Communications Fund Inc), Agency Agreement (Scudder Flag Investors Equity Partners Fund Inc)
Instructions, Opinion of Counsel and Signatures. At Except as otherwise provided for in a written memorandum signed by both parties hereto, at any time DST may apply to any person authorized by Fund, including without limitation officer of the duly authorized representative of any Authorized Person and any Authorized Personnel set forth on Exhibit D to this Agreement, to give instructions to DSTFund or The Chase Manhattan Bank ("Chase") for instructions, and may if such instructions are not received within a reasonable time following subsequent notification with the approval of a Fund officer Fund's Chief Executive Officer, then DST may consult with legal counsel for the Fund or its own legal counsel at the expense of the Fund, with respect to any matter arising in connection with the agency and it will not be liable for any action taken or omitted by it in good faith in reliance upon such instructions or upon the opinion of such counsel. DST will be protected in acting upon any paper or document reasonably believed by it to be genuine and to have been signed by the proper person or persons and will not be held to have notice of any change of authority of any person, until receipt of written notice thereof from the Fund. It will also be protected in recognizing stock share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of the Fund, and the proper countersignature of any former Transfer Agent or Registrar, or of a present or former co-Transfer Agent or co-Registrar.
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