Reliance Upon Instructions. The Company agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Directors of the Company and shall incur no liability to the Company or the Company'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 Directors of the Company to give oral or written instructions on behalf of the Funds.
Appears in 3 contracts
Samples: Administration Agreement (Bailard Biehl & Kaiser International Fund Group Inc), Administration Agreement (Guinness Flight Investment Funds), Assignment and Assumption Agreement (Guinness Flight Investment Funds Inc)
Reliance Upon Instructions. The Company agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Directors Trustees of the Company and shall incur no liability to the Company or the Company'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 Directors Trustees of the Company to give oral or written instructions on behalf of the Funds.
Appears in 3 contracts
Samples: Administration Agreement (Tocqueville Trust), Administration Agreement (Tocqueville Trust), Administration Agreement (Tocqueville Trust)
Reliance Upon Instructions. The Company Corporation agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Directors of the Company Corporation and shall incur no liability to the Company Corporation or the Company's Manager 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 Directors of the Company Corporation to give oral or written instructions on behalf of the FundsCorporation or any portfolio.
Appears in 2 contracts
Samples: Administration Agreement (O Shaughnessy Funds Inc), Administration Agreement (Vam Institutional Funds Inc)
Reliance Upon Instructions. The Company agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Directors Trustees of the Company and shall incur no liability to the Company or the Company's Manager 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 Directors Trustees of the Company to give oral or written instructions on behalf of the FundsCompany or any portfolio.
Appears in 1 contract
Samples: Administration Agreement (Ft Defined Portfolio LLC)
