Common use of INSTRUCTIONS AND ADVICE Clause in Contracts

INSTRUCTIONS AND ADVICE. At any time, the Sub-Administrator may apply to any officer of the Administrator for instructions and may consult with outside counsel for the Fund or the independent auditors for the Fund at the expense of the Administrator, or other individuals designated in writing by the Administrator, for instructions with respect to any matter arising in connection with the services to be performed by the Sub-Administrator under this Agreement. The Sub-Administrator shall not be liable, and shall be indemnified by the Administrator, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by such officers or individuals. The Sub-Administrator shall not be held to have notice of any change of authority of any officer or individual until receipt of written notice thereof from the Administrator. Nothing in this Section shall be construed as imposing upon the Sub-Administrator any obligation to seek such instructions.

Appears in 10 contracts

Samples: Sub Administration Agreement (RMR Dividend Capture Fund), Sub Administration Agreement (RMR Asia Real Estate Fund), Sub Administration Agreement (RMR Real Estate Income Fund)

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INSTRUCTIONS AND ADVICE. At any time, the Sub-Administrator may apply to any officer of the Administrator or his or her designee for instructions and may consult with outside counsel the independent accountants for the Fund Administrator or the independent auditors for the Fund Trust at the expense of the Administrator, or other individuals designated in writing by the Administrator, for instructions with respect to any matter arising in connection with the services to be performed by the Sub-Administrator under this Agreement. The Sub-Administrator shall not be liable, and shall be indemnified by the Administrator, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by such officers the proper person or individualspersons. The Sub-Administrator shall not be held to have notice of any change of authority of any officer or individual person until receipt of written notice thereof from the AdministratorFund(s). Nothing in this Section section shall be construed as imposing upon the Sub-Administrator any obligation to seek such instructionsinstructions or advice, or to act in accordance with such advice when received.

Appears in 10 contracts

Samples: Master Sub Administration Agreement (SPDR INDEX SHARES FUNDS (Formerly streetTRACKS Index Shares Funds)), Sub Administration Agreement (Select Sector SPDR Trust), Master Sub Administration Agreement (SSGA Master Trust)

INSTRUCTIONS AND ADVICE. At any time, the Sub-Administrator may apply to any officer of the Administrator or any Authorized Persons for instructions and may consult with its own legal counsel or outside counsel for the a Fund or the independent auditors accountants for the a Fund at the reasonable expense of the Administrator, or other individuals designated in writing by the Administrator, for instructions with respect to any matter arising in connection with the services to be performed by the Sub-Administrator under this Agreement. The Sub-Administrator shall not be liable, and shall be indemnified by the Administrator, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by such officers an Authorized Person or individualsby Authorized Persons. The Sub-Administrator shall not be held to have notice of any change of authority of any officer or individual person until receipt of written notice thereof from the Administrator. Nothing in this Section section shall be construed as imposing upon the Sub-Administrator any obligation to seek such instructionsinstructions or advice, or to act in accordance with such advice when received.

Appears in 9 contracts

Samples: Sub Administration Agreement (Federated Hermes Fixed Income Securities, Inc.), Sub Administration Agreement (Federated Hermes Equity Income Fund, Inc.), Sub Administration Agreement (Federated Hermes Insurance Series)

INSTRUCTIONS AND ADVICE. At any time, the Sub-Administrator may apply to any officer of the Administrator Fund for instructions and may consult with its own legal counsel or outside counsel for the Fund or the independent auditors accountants for the Fund at the expense of the AdministratorFund, or other individuals designated in writing by the Administrator, for instructions with respect to any matter arising in connection with the services to be performed by the Sub-Administrator under this Agreement. The Sub-Administrator shall not be liable, and shall be indemnified by the AdministratorFund, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by such officers the proper person or individualspersons. The Sub-Administrator shall not be held to have notice of any change of authority of any officer or individual person until receipt of written notice thereof from the AdministratorFund. Nothing in this Section paragraph shall be construed as imposing upon the Sub-Administrator any obligation to seek such instructionsinstructions or advice, or to act in accordance with such advice when received.

Appears in 1 contract

Samples: Sub Administration Agreement (Seneca Funds)

INSTRUCTIONS AND ADVICE. At any time, the Sub-Administrator may apply to any officer of the Administrator for instructions and may consult with outside counsel for the Fund Trust or the independent auditors for the Fund Trust at the expense of the Administrator, or other individuals designated in writing by the Administrator, for instructions with respect to any matter arising in connection with the services to be performed by the Sub-Administrator under this Agreement. The Sub-Administrator shall not be liable, and shall be indemnified by the Administrator, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by such officers or individuals. The Sub-Administrator shall not be held to have notice of any change of authority of any officer or individual until receipt of written notice thereof from the Administrator. Nothing in this Section shall be construed as imposing upon the Sub-Administrator any obligation to seek such instructions.

Appears in 1 contract

Samples: Sub Administration Agreement (RMR Funds Series Trust)

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INSTRUCTIONS AND ADVICE. At any time, the Sub-Administrator may apply to any officer of the Administrator for instructions and may consult with outside counsel for the Fund Administrator or the independent auditors for the Fund Administrator at the expense of the Administrator, or other individuals designated in writing by the Administrator, for instructions with respect to any matter arising in connection with the services to be performed by the Sub-Administrator under this Agreement. The Sub-Administrator shall not be liable, and shall be indemnified by the Administrator, for any action taken or omitted by it in in-good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by such officers or individuals. The Sub-Administrator shall not be held to have notice of any change of authority of any officer or individual until receipt of written notice thereof from the Administrator. Nothing in this Section shall be construed as imposing upon the Sub-Administrator any obligation to seek such instructions.

Appears in 1 contract

Samples: Sub Administration Agreement (Gold Bank Funds)

INSTRUCTIONS AND ADVICE. At any time, the Sub-Administrator may apply to any officer of the Administrator Fund for instructions and may consult with its own legal counsel or outside counsel for the Fund or the independent auditors accountants for the Fund at the expense of the AdministratorFund, or other individuals designated in writing by the Administrator, for instructions with respect to any matter arising in connection with the services to be performed by the Sub-Administrator under this Agreement. The Sub-Administrator shall not be liable, and shall be indemnified by the AdministratorFund, for any action taken or omitted by it in good faith in reliance upon any such instructions or advice or upon any paper or document reasonably believed by it to be genuine and to have been signed by such officers the 6 proper person or individualspersons. The Sub-Administrator shall not be held to have notice of any change of authority of any officer or individual person until receipt of written notice thereof from the AdministratorFund. Nothing in this Section paragraph shall be construed as imposing upon the Sub-Administrator any obligation to seek such instructionsinstructions or advice, or to act in accordance with such advice when received.

Appears in 1 contract

Samples: Sub Administration Agreement (Seneca Funds)

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