Common use of No Obligation to Act on Unsatisfactory Notice Clause in Contracts

No Obligation to Act on Unsatisfactory Notice. The Trustee shall incur no liability under this Agreement for any failure to act pursuant to any notice, direction or any other communication from any Asset Manager, the Company, the Named Fiduciary, the Administrative Committee, or any other Person or the designee of any of them unless and until it shall have received instructions in form specified in this Article XIV.

Appears in 2 contracts

Samples: Trust Agreement (Bp Amoco PLC), Trust Agreement (Omnicom Group Inc)

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No Obligation to Act on Unsatisfactory Notice. The Trustee shall incur no liability under this Agreement not be liable for any failure to act pursuant to any notice, direction or any other communication from any Asset Managerthe Employer, the CompanyAdministrator, the Named Fiduciary, the Administrative Committee, any Investment Manager or any other Person person or the designee delegate of any of them unless and until it shall have received instructions directions in the form specified in this Article XIVVII.

Appears in 1 contract

Samples: Trust Agreement (Pathogenesis Corp)

No Obligation to Act on Unsatisfactory Notice. The Trustee shall incur no liability under this Agreement for any failure to act pursuant to any notice, direction or any other communication from any Asset Manager, the CompanyFMC, the Named Fiduciary, the Administrative Committee, or any other Person or the designee of any of them unless and until it shall have received instructions in form specified in this Article XIVXI herein.

Appears in 1 contract

Samples: Trust Agreement (FMC Corp)

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No Obligation to Act on Unsatisfactory Notice. The Master Trustee --------------------------------------------- shall incur no liability under this Agreement for any failure to act pursuant to any notice, direction or any other communication from any Asset Manager, the Company, the Named FiduciaryCorporation, the Administrative Committee, or any other Person or the designee of any of them unless and until it shall have received instructions in form specified in this Article XIVsatisfactory to it.

Appears in 1 contract

Samples: Trust Agreement (NVR Inc)

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