Common use of Reliance Upon Instructions Clause in Contracts

Reliance Upon Instructions. The Trust agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Trustees of the Trust and shall incur no liability to the Trust or the investment adviser to any portfolio in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Trustees of the Trust to give oral or written instructions on behalf of the Trust or any portfolio.

Appears in 10 contracts

Samples: Administration Agreement (Purisima Funds), Administration Agreement (Professionally Managed Portfolios), Administration Agreement (First Defined Sector Fund)

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Reliance Upon Instructions. The Trust agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Trustees of the Trust and shall incur no liability to the Trust or the investment adviser to any portfolio in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Trustees of the Trust to give oral or written instructions on behalf of the Trust or any portfolioFund.

Appears in 7 contracts

Samples: Administration Agreement (Brookfield Investment Funds), Administration Agreement (Brookfield Investment Funds), Administration Agreement (Brookfield Investment Funds)

Reliance Upon Instructions. The Trust agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from a person duly authorized by the Board of Trustees of the Trust and shall incur no liability to the Trust or the investment adviser to any portfolio in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Trustees of the Trust to give oral or written instructions on behalf of the Trust or any portfolioFund.

Appears in 5 contracts

Samples: Administration Agreement (Brookfield Investment Funds), Administration Agreement (Brookfield Investment Funds), Administration Agreement (Brookfield Investment Funds)

Reliance Upon Instructions. The Trust agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Trustees of the Trust and shall incur no liability to the Trust or the investment adviser to any portfolio the Portfolio in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Trustees of the Trust to give oral or written instructions on behalf of the Trust or any portfoliothe Portfolio.

Appears in 1 contract

Samples: Administration Agreement (Pic Investment Trust)

Reliance Upon Instructions. The Trust agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Trustees of the Trust and shall incur no liability to the Trust or the investment adviser to any portfolio in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a an officer of the Trust or any other person duly authorized by the Board of Trustees of the Trust to give oral or written instructions on behalf of the Trust or any portfolioFund.

Appears in 1 contract

Samples: Administration Agreement (Phoenix Engemann Funds)

Reliance Upon Instructions. The Trust agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Trustees of the Trust and shall incur no liability to the Trust or the investment adviser to any portfolio in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a an officer of the Trust or any other person duly authorized by the Board of Trustees of the Trust to give oral or written instructions on behalf of the Trust or any portfolioFund.

Appears in 1 contract

Samples: Administration Agreement (California Investment Trust)

Reliance Upon Instructions. The Trust agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Trustees of the Trust and shall incur no liability to the Trust or the investment adviser to any portfolio in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Trustees of the Trust to give oral or written instructions on behalf of the Trust or any portfolioFunds.

Appears in 1 contract

Samples: Administration Agreement (Sprott Funds Trust)

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Reliance Upon Instructions. The Trust agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Trustees of the Trust and shall incur no liability to the Trust or the investment adviser to any portfolio the Fund in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Trustees of the Trust to give oral or written instructions on behalf of the Trust or any portfoliothe Fund.

Appears in 1 contract

Samples: Administration Agreement (Dessauer Global Equity Fund)

Reliance Upon Instructions. The Trust agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Trustees of the Trust and shall incur no liability to the Trust or the investment adviser to any portfolio Fund in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Trustees of the Trust to give oral or written instructions on behalf of the Trust or any portfolioFund.

Appears in 1 contract

Samples: Administration Agreement (Trust for Investment Managers)

Reliance Upon Instructions. The Trust agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Trustees of the Trust and shall incur no liability to the Trust or the investment adviser to any portfolio Trust's Manager in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Trustees of the Trust to give oral or written instructions on behalf of the Trust or any portfolioFund.

Appears in 1 contract

Samples: Administration Agreement (Bailard Biehl & Kaiser Fund Group Inc)

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