Common use of Opinion of Counsel and Officer’s Certificate Clause in Contracts

Opinion of Counsel and Officer’s Certificate. The Fiscal and Paying Agent may at any time request and shall be protected in acting upon the advice or opinion of its counsel (which shall not include in-house counsel) or an Officers’ Certificate concerning its duties hereunder, and shall be free to act in good faith upon such advice, opinion or certificate, and shall be relieved of any liability under this Agreement in so acting.

Appears in 3 contracts

Samples: Fiscal and Paying Agency Agreement (North State Bancorp), Fiscal and Paying Agency Agreement (People's United Financial, Inc.), Fiscal and Paying Agency Agreement (People's United Financial, Inc.)

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Opinion of Counsel and Officer’s Certificate. The Fiscal and Paying Agent may at any time request and shall be protected in acting upon the advice or opinion of its counsel (which shall not include in-house counsel) acceptable to it or an Officers’ Officer’s Certificate concerning its duties hereunder, and shall be free to act in good faith upon such advice, opinion or certificate, and shall be relieved of any liability under this Agreement in so acting.

Appears in 2 contracts

Samples: Fiscal and Paying Agency Agreement (Valley National Bancorp), Fiscal and Paying Agency Agreement (Valley National Bancorp)

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