Common use of Requests for Instructions Clause in Contracts

Requests for Instructions. KSvC may request instructions from the Transfer Agent at any time regarding any question or action to be taken or omitted hereunder. The Transfer Agent shall respond promptly with instructions. KSvC shall not be liable for any action taken or omitted hereunder in compliance with such instructions, so long as KSvC acts in good faith and without gross negligence or willful misconduct.

Appears in 2 contracts

Sources: Sub Transfer Agency and Service Agreement (Scudder Weisel Capital Entrepreneurs Fund), Sub Transfer Agency and Service Agreement (Scudder Weisel Capital Entrepreneurs Fund)