Common use of Conflicting Advice Clause in Contracts

Conflicting Advice. In case of conflict between directions or advice received by U.S. Trust pursuant to subparagraph (a) of this paragraph and advice received by U.S. Trust pursuant to subparagraph (b) of this paragraph, U.S. Trust shall be entitled to rely on and follow the advice received pursuant to the latter provision alone.

Appears in 36 contracts

Sources: Domestic Custody Agreement (Morgan Stanley Dean Witter India Investment), Domestic Custody Agreement (Thai Fund Inc), Domestic Custody Agreement (Turkish Investment Fund Inc)

Conflicting Advice. In case of conflict between directions or advice ------------------ received by U.S. Trust pursuant to subparagraph (a) of this paragraph and advice received by U.S. Trust pursuant to subparagraph (b) of this paragraph, U.S. Trust shall be entitled to rely on and follow the advice received pursuant to the latter provision alone.

Appears in 1 contract

Sources: Domestic Custody Agreement (Morgan Stanley High Yield Fund Inc)

Conflicting Advice. In case of conflict between directions or -------------------- advice received by U.S. Trust pursuant to subparagraph (a) of this paragraph and advice received by U.S. Trust pursuant to subparagraph (b) of this paragraph, U.S. Trust shall be entitled to rely on and follow the advice received pursuant to the latter provision alone.

Appears in 1 contract

Sources: Mutual Fund Custody Agreement (First Funds)

Conflicting Advice. In case of conflict between directions or advice received by U.S. Trust pursuant to subparagraph (a) of this paragraph and advice received by U.S. Trust pursuant to subparagraph (b) of this paragraph, U.S. Trust shall be entitled to rely on and follow the advice received pursuant to the latter provision alone.. (d)

Appears in 1 contract

Sources: Mutual Fund Custody Agreement (Baupost Fund)