Common use of Protection of PFPC Clause in Contracts

Protection of PFPC. PFPC shall be protected and indemnified by the Fund in any action PFPC takes or does not take in reliance upon directions, advice, or Oral Instructions or Written Instructions PFPC receives from or on behalf of the Fund or from counsel and that PFPC believes, in good faith, to be consistent with those directions, advice, and Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC:

Appears in 4 contracts

Samples: Administration and Accounting Services Agreement (Topiary Benefit Plan Investor Fund LLC), Administration and Accounting Services Agreement (Topiary Master Fund for Benefit Plan Investors (BPI) LLC), Investor Services Agreement (Db Hedge Strategies Fund LLC)

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Protection of PFPC. PFPC shall be protected and indemnified by the Fund in and without liability for any action PFPC takes or does not take in reliance upon directions, advice, directions or advice or Oral Instructions or Written Instructions PFPC receives from or on behalf of the Fund or from counsel and that which PFPC believes, in good faithacting reasonably, to be consistent with those directions, advice, directions or advice and Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC:Written

Appears in 1 contract

Samples: Administration and Accounting Services Agreement (CRM Mutual Fund Trust)

Protection of PFPC. PFPC shall be protected and indemnified by the Fund in and without liability for any action PFPC takes or does not take in reliance upon directions, advice, directions or advice or Oral Instructions or Written Instructions PFPC receives from or on behalf of the Fund or from counsel and that which PFPC believes, in good faith, to be consistent with those directions, advice, directions or advice and Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC:PFPC to seek such directions or advice or Oral Instructions or Written Instructions.

Appears in 1 contract

Samples: Administration, Accounting and Investor Services Agreement (UBS Enso Fund)

Protection of PFPC. PFPC shall be protected and indemnified by the Fund in TAMIC and held without __________________ liability for any action PFPC takes or does not take in reliance upon directions, advice, directions or advice or Oral Instructions or Written Instructions PFPC receives from or on behalf of the Fund Fund, TAMIC or from counsel and that PFPC believes, in good faith, to be consistent with those directions, advice, and Oral Instructions or Written Instructionscounsel. Nothing in this section shall be construed so as to impose an obligation upon PFPC:PFPC (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.

Appears in 1 contract

Samples: Transfer Agency Services Agreement (Travelers Series Trust)

Protection of PFPC. Without limiting PFPC’s other protections under this Agreement, PFPC shall be protected and indemnified by the Fund in any action PFPC it takes or does not take in reliance upon directions, advice, advice or Oral Instructions or Written Instructions PFPC it receives from or on behalf of the Fund or from counsel and that which PFPC believes, in good faith, to be consistent with those directions, advice, advice and Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC:Written

Appears in 1 contract

Samples: Accounting and Investor Services Agreement (Excelsior Buyout Investors LLC)

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Protection of PFPC. PFPC shall be protected and indemnified by the Fund in any action PFPC it takes or does not take in reliance upon directions, advice, advice or Oral Instructions or Written Instructions PFPC it receives from or on behalf of the Fund or from counsel and that which PFPC believes, in good faith, to be consistent with those directions, advice, advice and Oral Instructions or Written Instructions. Nothing in this section paragraph shall be construed so as to impose an obligation upon PFPC:PFPC (i) to seek such directions, advice or Oral or Written Instructions, or (ii) to act in

Appears in 1 contract

Samples: Administration Agreement Terms and Conditions (Warburg Pincus Money Market Fund Inc)

Protection of PFPC. PFPC shall be protected and indemnified by the Fund Administrator in any action PFPC takes or does not take in reliance upon directions, advice, or Oral Instructions or Written Instructions PFPC receives from or on behalf of the Fund Administrator or from counsel and that PFPC believes, in good faith, to be consistent with those directions, advice, and Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC:

Appears in 1 contract

Samples: Accounting Services Agreement (Db Hedge Strategies Fund LLC)

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