Common use of RELIANCE ON PROPER INSTRUCTIONS Clause in Contracts

RELIANCE ON PROPER INSTRUCTIONS. The Sub-Adviser shall be fully protected in acting upon any proper instructions reasonably believed by it in good faith to be genuine and signed or communicated by or on behalf of the Adviser or the Fund, and the Sub-Adviser shall be under no duty to make any investigation or inquiry regarding any proper instructions of the Adviser or the Fund, as the case may be.

Appears in 3 contracts

Samples: Investment Sub Advisory Agreement (First Focus Funds Inc), Investment Sub Advisory Agreement (First Focus Funds Inc), Investment Sub Advisory Agreement (First Focus Funds Inc)

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RELIANCE ON PROPER INSTRUCTIONS. The Sub-Adviser shall be fully protected in acting upon any proper instructions reasonably believed by it in good faith to be genuine and signed or communicated by or on behalf of the Adviser or the FundFunds, and the Sub-Adviser shall be under no duty to make any investigation or inquiry regarding any proper instructions of the Adviser or the FundFunds, as the case may be.

Appears in 2 contracts

Samples: Investment Sub Advisory Agreement (Tributary Funds, Inc.), Investment Sub Advisory Agreement (Tributary Funds, Inc.)

RELIANCE ON PROPER INSTRUCTIONS. The Sub-Adviser shall be fully ---------------------------------- protected in acting upon any proper instructions reasonably believed by it in good faith to be genuine and signed or communicated by or on behalf of the Adviser or the Fund, and the Sub-Adviser shall be under no duty to make any investigation or inquiry regarding any proper instructions of the Adviser or the Fund, as the case may be.

Appears in 1 contract

Samples: Sub Advisory Agreement (Tributary Funds, Inc.)

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RELIANCE ON PROPER INSTRUCTIONS. The Sub-Adviser shall be fully ---------------------------------- protected in acting upon any proper instructions reasonably believed by it in good faith to be genuine and signed or communicated by or on behalf of the Adviser or the FundFunds, and the Sub-Adviser shall be under no duty to make any investigation or inquiry regarding any proper instructions of the Adviser or the FundFunds, as the case may be.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Tributary Funds, Inc.)

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