Common use of Protection of PFPC Trust Clause in Contracts

Protection of PFPC Trust. Without limiting PFPC Trust's other protections under this Agreement, PFPC Trust shall be protected in any action it takes or does not take in good faith reliance upon directions, advice or Oral or Written Instructions it receives from a Fund or from counsel for a Fund and which is in compliance with those directions, advice or Oral or Written Instructions. Nothing in this Agreement shall be construed so as to impose an obligation upon PFPC Trust to act in accordance with directions, advice or Oral or Written Instructions unless, under the terms of other provisions of this Agreement, the same is a condition of PFPC Trust's properly taking or not taking such action.

Appears in 8 contracts

Samples: Custodian Services Agreement (Schwab Annuity Portfolios), Custodian Services Agreement (Schwab Capital Trust), Custodian Services Agreement (Schwab Investments)

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