Common use of LIMITATIONS ON RESPONSIBILITY Clause in Contracts

LIMITATIONS ON RESPONSIBILITY. 8.1 Consultation - The Trust Company may, at any time, apply to the Company for instructions and may consult counsel for the Company or its own counsel in respect of any matter arising in connection with this Agreement. The Company will indemnify and hold harmless the Trust Company from any liability or claims that may be made against it for any action taken, or not taken, by the Trust Company in accordance with or pursuant to such instructions or advice that may be given to it.

Appears in 4 contracts

Samples: Registrar and Transfer Agent Agreement (K Tronik International Corp), Trust and Transfer Agent Agreement (K Tronik International Corp), Registrar and Transfer Agent Agreement (K Tronik International Corp)

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