Common use of Reliance Upon Advice Clause in Contracts

Reliance Upon Advice. The Trustees may employ and rely upon advice given by accountants, attorneys, investment bankers, and other expert advisors and employ agents, clerks and other employees and pay reasonable compensation to such advisors or employees in addition to fees otherwise payable to the Trustees, notwithstanding any rule of law otherwise prohibiting such dual compensation.

Appears in 4 contracts

Samples: Trust Agreement (Repass Randolph K), Trust Agreement (Bp PLC), Trust Agreement

AutoNDA by SimpleDocs

Reliance Upon Advice. The Trustees Trustee may employ and rely upon advice given by accountants, attorneys, investment bankers, and other expert advisors and employ agents, clerks and other employees and pay reasonable compensation to such advisors or employees in addition to fees otherwise payable to the TrusteesTrustee, notwithstanding any rule of law otherwise prohibiting prohibit ing such dual compensation.

Appears in 1 contract

Samples: Domestic Asset Protection Trust

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!