Common use of Conflicting Advice Clause in Contracts

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund and the advice PFPC receives from counsel, PFPC may rely upon and follow the advice of counsel.

Appears in 48 contracts

Samples: Administration and Accounting Services Agreement (Sparx Funds Trust), Administration and Accounting Services Agreement (RBB Fund Inc), Administration and Accounting Services Agreement (Trust for Credit Unions)

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Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC Distributors receives from the Fund Fund, and the advice PFPC it receives from counsel, PFPC Distributors may rely upon and follow the advice of counsel.

Appears in 16 contracts

Samples: Underwriting Agreement (Wilshire Variable Insurance Trust), Underwriting Agreement (Highland Funds I), Underwriting Agreement (Eii Realty Securities Trust)

Conflicting Advice. In the event of a conflict between directions or directions, advice or Oral Instructions or Written Instructions PFPC receives from the Fund Fund, and the advice PFPC it receives from counsel, PFPC may shall be entitled to rely upon and follow the advice of counsel.

Appears in 10 contracts

Samples: Administration and Accounting Services Agreement Terms and Conditions (RBB Fund Inc), Administration and Accounting Services Agreement Terms and Conditions (RBB Fund Inc), Administration and Accounting Services Agreement Terms and Conditions (RBB Fund Inc)

Conflicting Advice. In the event of a conflict between directions or directions, advice or Oral Instructions or Written Instructions PFPC receives from the Fund Fund, and the advice PFPC receives from counsel, PFPC may rely upon and follow the advice of counsel.

Appears in 3 contracts

Samples: Form of Agreement (Acp Continuum Return Fund Ii LLC), Accounting and Investor Services Agreement (Montgomery Partners Absolute Return Fund LLC), Form of Agreement (Acp Strategic Opportunities Fund Ii LLC)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Proper Instructions or Written Instructions PFPC PNC receives from the Fund and the advice PFPC PNC receives from counsel, PFPC PNC may rely upon and follow the advice of counsel.

Appears in 3 contracts

Samples: Investor Services Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 2), LLC), Investor Services Agreement (Grosvenor Registered Multi-Strategy Fund (Te), LLC), Services Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 1), LLC)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund Fund, and the advice PFPC receives from counsel, PFPC may rely upon and follow the advice of counsel. PFPC shall promptly inform the Fund of such conflict.

Appears in 2 contracts

Samples: Regulatory Administration Services Agreement (Bacap Alternative Mult Strategy Fund LLC), Regulatory Administration Services Agreement (Bacap Alternative Mult Strategy Fund LLC)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund and the advice PFPC receives from counsel, PFPC may rely upon and follow the advice of counsel; provided, that PFPC shall notify the Fund in the event of a material conflict prior to following such advice.

Appears in 2 contracts

Samples: Administration and Accounting Services Agreement (YieldQuest Funds Trust), Transfer Agency Services Agreement (YieldQuest Funds Trust)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund Fund, and the advice PFPC receives from counsel, PFPC may rely upon and follow the advice of counsel.

Appears in 2 contracts

Samples: Agreement (Btop50 Cta Index Fund), Investor Services Agreement (Mezzacappa Partners, LLC)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund and the advice PFPC receives from counsel, PFPC may rely upon and follow the advice of counsel. PFPC shall provide the Fund with prior written notice of its intention to follow advice of counsel that is materially inconsistent with Oral Instructions or Written Instructions. PFPC shall further provide the Fund with a copy of such advice of counsel.

Appears in 2 contracts

Samples: Administration and Accounting Services Agreement (Roxbury Funds), Accounting Services Agreement (Roxbury Funds)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund and the advice PFPC receives from counsel, PFPC may rely upon and follow the advice of counsel, provided that reasonable prior written notice has been given to the Fund to the extent such notice is practical under the circumstances.

Appears in 2 contracts

Samples: Administration and Accounting Services Agreement (Tamarack Funds Trust), Administration and Accounting Services Agreement (Tamarack Funds Trust)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund CSFBAC or a Fund, and the advice PFPC receives from counsel, PFPC may rely upon and follow the advice of counsel. Involving an issue of compliance with law or legal requirements, PFPC Trust shall be entitle to rely upon and follow the reasonable advice of counsel, provided PFPC Trust has discussed the matter with the Fund and/or counsel of the Fund's choosing and the conflict is not resolved.

Appears in 2 contracts

Samples: CSFB Alternative Capital Relative Value Fund, LLC, CSFB Alternative Capital Long/Short Equity Institutional Fund, LLC

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund Fund, and the advice PFPC it receives from counsel, PFPC may rely upon and follow the advice of counselcounsel after consultation with an Authorized Person of the Fund.

Appears in 2 contracts

Samples: Transfer Agency Services Agreement (Atlas Funds), Transfer Agency Services Agreement (Atlas Insurance Trust)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund Turner and/or txx Xxxd and the advice PFPC receives from counsel, PFPC may rely upon and follow the advice of counsel.

Appears in 1 contract

Samples: Sub Administration and Accounting Services Agreement (Westlakes Institutional Portfolios)

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Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund and the advice PFPC receives from counsel, PFPC may rely upon and follow the advice of counsel.,

Appears in 1 contract

Samples: Administration and Accounting Services Agreement (First Defined Portfolio Management Fund LLC)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund Fund, and the written advice PFPC it receives from counsel, PFPC may shall be entitled to rely upon and follow the such advice of counsel.counsel after notice to the Fund. (d)

Appears in 1 contract

Samples: Accounting Services Agreement (Pacific Horizon Funds Inc)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund and the advice PFPC receives from counsel, PFPC may rely upon and follow the advice of counsel.of

Appears in 1 contract

Samples: Administration Agreement (Forward Funds Inc)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC Distributors receives from the Fund Fund, and the advice PFPC it receives from counsel, PFPC Distributors may rely upon and follow the advice of counsel. PFPC Distributors shall notify the Fund of any such conflict if such conflict is material.

Appears in 1 contract

Samples: Underwriting Agreement (BHR Institutional Funds)

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund Fund, and the advice PFPC it receives from counsel, PFPC may rely upon and follow the advice of counselcounsel after PFPC has discussed the matter with the Fund and the Fund's counsel and the conflict is not resolved.

Appears in 1 contract

Samples: Magnetar Spectrum Fund

Conflicting Advice. In the event of a conflict between directions or advice or Oral Instructions or Written Instructions PFPC receives from the Fund Fund, and the advice PFPC it receives from counsel, PFPC may rely upon and follow the advice of counselcounsel upon notification to the Fund.

Appears in 1 contract

Samples: Transfer Agency Services Agreement (JNL Investors Series Trust)

Conflicting Advice. In the event of a conflict between directions or directions, advice or Oral Instructions or Written Instructions PFPC receives from the Fund Company, and the advice PFPC receives from counsel, PFPC may rely upon and follow the advice of counsel. PFPC shall promptly inform the Company in the event of such conflicts.

Appears in 1 contract

Samples: Investor Services Agreement (Lazard Diversified Strategies Fund LLC)

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