Common use of Reliance on Amendments Clause in Contracts

Reliance on Amendments. BISYS may rely on any amendments to or changes in any of the documents and other items to be provided by the Trust pursuant to Sections 18 and 20 of this Agreement and the Trust hereby indemnifies and holds harmless BISYS from and against any and all claims, demands, actions, suits, judgments, liabilities, losses, damages, costs, charges, counsel fees and other expenses of every nature and character which may result from actions or omissions on the part of BISYS in reasonable reliance upon such amendments and/or changes. Although BISYS is authorized to rely on the above-mentioned amendments to and changes in the documents and other items to be provided pursuant to Sections 18 and 20 hereof, in the event the same relate to services provided by BISYS hereunder, BISYS shall have no liability for failure to comply with or take any action in conformity with such amendments or changes unless the Trust first obtains BISYS' written consent to and approval of such amendments or changes.

Appears in 6 contracts

Samples: Transfer Agency Agreement (Victory Institutional Funds), Fund Accounting Agreement (Victory Institutional Funds), Fund Accounting Agreement (Victory Variable Insurance Funds)

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Reliance on Amendments. BISYS may rely on any amendments to or changes in any of the documents and other items to be provided by the Trust pursuant to Sections 18 and 20 of this Agreement and and, subject to the provisions of Section 6 hereof, the Trust hereby indemnifies and holds harmless BISYS from and against any and all claims, demands, actions, suits, judgments, liabilities, losses, damages, costs, charges, counsel fees and other expenses of every nature and character which may result from actions or omissions on the part of BISYS in reasonable reliance upon such amendments and/or changes. Although BISYS is authorized to rely on the above-mentioned amendments to and changes in the documents and other items to be provided pursuant to Sections 18 and 20 hereof, in the event the same relate to services provided by BISYS hereunder, BISYS shall have no liability for failure to comply with or take any action in conformity with such amendments or changes unless the Trust first obtains BISYS' written consent to and approval of such amendments or changes.

Appears in 6 contracts

Samples: Transfer Agency Agreement (BB&T Variable Insurance Funds), Transfer Agency Agreement (Bb&t Funds /), Transfer Agency Agreement (Kensington Funds)

Reliance on Amendments. BISYS may rely on any amendments to or changes in any of the documents and other items to be provided by the Trust pursuant to Sections 18 and 20 of this Agreement and and, subject to the provisions of Section 6 hereof, the Trust hereby indemnifies and holds harmless BISYS from and against any and all claims, demands, actions, suits, judgments, liabilities, losses, damages, costs, charges, counsel fees and other expenses of every nature and character which may result from actions or omissions on the part of BISYS in reasonable reliance upon such amendments and/or changes. Although BISYS is authorized to rely on the above-mentioned amendments to and changes in the documents and other items to be provided pursuant to Sections 18 and 20 hereof, in the event the same relate to services provided by BISYS hereunder, BISYS shall have no liability for failure to comply with or take any action in conformity with such amendments or changes unless the Trust first obtains BISYS' 's written consent to and approval of such amendments or changes.

Appears in 3 contracts

Samples: Transfer Agency Agreement (Variable Insurance Funds), Form of Transfer Agency Agreement (Variable Insurance Funds), Transfer Agency Agreement (Hirtle Callaghan Trust)

Reliance on Amendments. BISYS SunGard may rely on any amendments to or changes in any of the documents and other items to be provided by the Trust pursuant to Sections 18 22 and 20 24 of this Agreement and the Trust hereby indemnifies and holds harmless BISYS SunGard from and against any and all claims, demands, actions, suits, judgments, liabilities, losses, damages, costs, charges, counsel fees and other expenses of every nature and character which may result from actions or omissions on the part of BISYS SunGard in reasonable reliance upon such amendments and/or changes. Although BISYS SunGard is authorized to rely on the above-mentioned amendments to and changes in the documents and other items to be provided pursuant to Sections 18 22 and 20 24 hereof, in the event the same relate to services provided by BISYS SunGard hereunder, BISYS SunGard shall have no liability for failure to comply with or take any action in conformity with such amendments or changes unless the Trust first obtains BISYS' SunGard’ written consent to and approval of such amendments or changes.

Appears in 2 contracts

Samples: Transfer Agency Agreement (Victory Portfolios II), Transfer Agency Agreement (Victory Portfolios II)

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Reliance on Amendments. BISYS may rely on any amendments to or changes in any of the documents and other items to be provided by the Trust pursuant to Sections 18 and 20 of this Agreement and the Trust hereby indemnifies and holds harmless BISYS from and against any and all claims, demands, actions, suits, judgments, liabilities, losses, damages, costs, charges, counsel fees and other expenses of every nature and character which may result from actions or omissions on the part of BISYS in reasonable reliance upon such amendments and/or changes. Although BISYS is authorized to rely on the above-mentioned amendments to and changes in the documents and other items to be provided pursuant to Sections 18 and 20 hereof, in the event the same relate to services provided by BISYS hereunder, BISYS shall have be under no liability for failure duty to comply with or take any action in conformity with as a result of any of such amendments or changes which approval will not be unreasonably withheld, or unless the Trust first obtains BISYS' written consent to and approval of such amendments are required by regulatory actions, including but not limited to, requirements imposed by the SEC or changesthe NASD.

Appears in 1 contract

Samples: Transfer Agency Agreement (Republic Funds)

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