Common use of Requests for Instructions Clause in Contracts

Requests for Instructions. At any time the Bank may apply to an officer of a Fund for Oral or Written Instructions with respect to any matter arising in connection with the Bank's duties and obligations hereunder, and the Bank shall not be liable for any action taken or permitted by it in good faith in accordance with such Oral or Written Instructions. Such application for Oral or Written Instructions may, at the option of the Bank, set forth in writing any action proposed to be taken or omitted by the Bank with respect to its duties or obligations hereunder and the date on or after which such action shall be taken, and the Bank shall not be liable for any action taken or omitted in accordance with a proposal included in any such application on or after the date specified therein (which shall be at least 5 days after the date of such Fund's receipt of such application) unless, prior to taking or omitting any such action, the Bank has received Oral or Written Instructions in response to such application specifying the action to be taken or omitted. The Bank may apply for and obtain the advice and opinion of counsel to the Fund or of its own counsel, at the expense of the Fund, and shall be fully protected with respect to anything done or omitted by it in good faith in conformity with such advice or opinion.

Appears in 10 contracts

Samples: Management and Related Services Agreement (Milestone Funds), Cash Management and Related Services Agreement (Institutional Investors Capital Appreciation Fund Inc), Management and Related Services Agreement (Institutional Daily Income Fund)

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Requests for Instructions. At any time the Bank may apply to an officer of a Fund the Group for Oral or Written Instructions with respect to any matter arising in connection with the Bank's duties and obligations hereunder, and the Bank shall not be liable for any action taken or permitted by it in good faith in accordance with such Oral or Written Instructions. Such application for Oral or Written Instructions may, at the option of the Bank, set forth in writing any action proposed to be taken or omitted by the Bank with respect to its duties or obligations hereunder and the date on or after which such action shall be taken, and the Bank shall not be liable for any action taken or omitted in accordance with a proposal included in any such application on or after the date specified therein (which shall be at least 5 days after the date of such Fundthe Group's receipt of such application) unless, prior to taking or omitting any such action, the Bank has received Oral or Written Instructions in response to such application specifying the action to be taken or omitted. The Bank may apply for and obtain the advice and opinion of counsel to the Fund Group or of its own counsel, at the expense of the FundGroup, and shall be fully protected with respect to anything done or omitted by it in good faith in conformity with such advice or opinion.

Appears in 5 contracts

Samples: Management and Related Services Agreement (Sessions Group), Management and Related Services Agreement (Sessions Group), Management and Related Services Agreement (Sessions Group)

Requests for Instructions. At any time the Bank may apply to an officer of a Fund for Oral or Written Instructions with respect to any matter arising in connection with the Bank's duties and obligations hereunderwith respect to an Account of such Fund, and the Bank shall not be liable for any action taken or permitted by it in good faith in accordance with such Oral or Written Instructions. Such application for Oral or Written Instructions may, at the option of the Bank, set forth in writing any action proposed to be taken or omitted by the Bank with respect to its duties or obligations hereunder under this Agreement and the date on or and/or after which such action shall be taken, and the Bank shall not be liable for any action taken or omitted in accordance with a proposal included in any such application on or after the date specified therein (which shall be at least 5 days after the date of such Fund's receipt of such application) unless, prior to taking or omitting any such action, the Bank has received Oral or Written Instructions in response to such application specifying the action to be taken or omitted. The Bank may apply for and obtain the advice and opinion of counsel to the each Fund or of its own counsel, at the expense of the a Fund, and shall be fully protected with respect to anything done or omitted by it in good faith in conformity with such advice or opinion.

Appears in 2 contracts

Samples: First Eagle Fund of America Inc, Milestone Funds

Requests for Instructions. At any time the Bank may apply to an officer of a Fund the Trust for Oral or Written Instructions with respect to any matter arising in connection with the Bank's duties and obligations hereunder, and the Bank shall not be liable for any action taken or permitted by it in good faith in accordance with such Oral or Written Instructions. Such application for Oral or Written Instructions may, at the option of the Bank, set forth in writing any action proposed to be taken or omitted by the Bank with respect to its duties or obligations hereunder and the date on or after which such action shall be taken, and the Bank shall not be liable for any action taken or omitted in accordance with a proposal included in any such application on or after the date specified therein (which shall be at least 5 days after the date of such Fundthe Trust's receipt of such application) unless, prior to taking or omitting any such action, the Bank has received Oral or Written Instructions in response to such application specifying the action to be taken or omitted. The Bank may apply for and obtain the advice and opinion of counsel to the Fund Trust or of its own counsel, at the expense of the FundTrust, and shall be fully protected with respect to anything done or omitted by it in good faith in conformity with such advice or opinion.

Appears in 1 contract

Samples: Management and Related Services Agreement (Governor Funds)

Requests for Instructions. At any time the Bank may apply to an officer of a Fund for Oral or Written Instructions with respect to any matter arising in connection with the Bank's duties and obligations hereunder, and the Bank shall not be liable for any action taken or permitted by it in good faith in accordance with such Oral or Written Instructions. Such application for Oral or Written Instructions may, at the option of the Bank, set forth in writing any action proposed to be taken or omitted by the Bank with respect to its duties or obligations hereunder and the date on or after which such action shall be taken, and the Bank shall not be liable for any action taken or omitted in accordance with a proposal included in any such application on or after the date specified therein (which shall be at least 5 days after the date of such Fund's receipt of such application) unless, prior to taking or omitting any such action, the Bank has received Oral or Written Instructions in response to such application specifying the action to be taken or omitted. The Bank may apply for and obtain the advice and opinion of counsel to the Fund or of (at its own counsel, at the expense of the Fundexpense), and shall be fully protected with respect to anything done or omitted by it in good faith in conformity with such advice or opinion.

Appears in 1 contract

Samples: Management and Related Services Agreement (Tuscarora Investment Trust)

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Requests for Instructions. At any time the Bank may apply to an officer of a Fund for Oral or Written Instructions with respect to any matter arising in connection with the Bank's duties and obligations hereunderwith respect to an Account of such Fund, and the Bank shall not be liable for any action taken or permitted by it in good faith in accordance with such Oral or Written Instructions. Such application for Oral or Written Instructions may, at the option of the Bank, set forth in writing any action proposed to be taken or omitted by the Bank with respect to its duties or obligations hereunder under this Agreement and the date on or and/or after which such action shall be taken, and the Bank shall not be liable for any action taken or omitted in accordance with a proposal included in any such application on or after the date specified therein (which shall be at least 5 days after the date of such Fund's receipt of such application) unless, prior to taking or omitting any such action, the Bank has received Oral or Written Instructions in response to such application specifying the action to be taken or omitted. The the Bank may apply for and obtain the advice and opinion of counsel to the each Fund or of its own counsel, at the expense of the a Fund, and shall be fully protected with respect to anything done or omitted by it in good faith in conformity with such advice or opinion.

Appears in 1 contract

Samples: Cash Management and Related Services Agreement (Bny Hamilton Funds Inc)

Requests for Instructions. At any time the Bank may apply to an officer of a Fund Authorized Person for Oral or Written Instructions with respect to any matter arising in connection with the Bank's duties and obligations hereunderwith respect to an Account of such Fund, and the Bank shall not be liable for any action taken or permitted by it in good faith in accordance with such Oral or Written Instructions. Such application for Oral or Written Instructions may, at the option of the Bank, set forth in writing any action proposed to be taken or omitted by the Bank with respect to its duties or obligations hereunder under this Agreement and the date on or and/or after which such action shall be taken, and the Bank shall not be liable for any action taken or omitted in accordance with a proposal included in any such application on or after the date specified therein (which shall be at least 5 days after the date of such Fund's receipt of such application) unless, prior to taking or omitting any such action, the Bank has received Oral or Written Instructions in response to such application specifying the action to be taken or omitted. The Bank may apply for and obtain the advice and opinion of counsel to the each Fund or of its own counsel, at the expense of the a Fund, and shall be fully protected with respect to anything done or omitted by it in good faith in conformity with such advice or opinion.

Appears in 1 contract

Samples: Services Agreement (Battery Park Funds Inc)

Requests for Instructions. At any time the Bank may apply to ------------------------- an officer of a Fund for Oral or Written Instructions with respect to any matter arising in connection with the Bank's duties and obligations hereunderwith respect to an Account of such Fund, and the Bank shall not be liable for any action taken or permitted by it in good faith in accordance with such Oral or Written Instructions. Such application for Oral or Written Instructions may, at the option of the Bank, set forth in writing any action proposed to be taken or omitted by the Bank with respect to its duties or obligations hereunder under this Agreement and the date on or and/or after which such action shall be taken, and the Bank shall not be liable for any action taken or omitted in accordance with a proposal included in any such application on or after the date specified therein (which shall be at least 5 days after the date of such Fund's receipt of such application) unless, prior to taking or omitting any such action, the Bank has received Oral or Written Instructions in response to such application specifying the action to be taken or omitted. The Bank may apply for and an obtain the advice and opinion of counsel to the each Fund or of its own counsel, at the expense of the Fund, counsel and shall be fully protected with respect to anything done or omitted by it in good faith in conformity with such advice or opinion.

Appears in 1 contract

Samples: Walnut Street Funds Inc

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