Standard of Care and Indemnification. A. Standard of Care With regard to Sections One, Three and Four, the Company shall be held to a standard of reasonable care in carrying out the provisions of this Contract. The Company shall be entitled to rely on and may act upon advice of counsel (who may be counsel for the Investment Company) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice, provided that such action is not in violation of applicable federal or state laws or regulations, and is in good faith and without negligence.
Appears in 47 contracts
Samples: Agreement (International Series Inc), Agreement (Federated Stock Trust), Agreement (Cash Trust Series Inc)
Standard of Care and Indemnification. A. Standard of Care With regard to Sections One, Three One and FourThree, the Company shall be held to a standard of reasonable care in carrying out the provisions of this Contract. The Company shall be entitled to rely on and may act upon advice of counsel (who may be counsel for the Investment Company) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice, provided that such action is not in violation of applicable federal or state laws or regulations, and is in good faith and without negligence.
Appears in 4 contracts
Samples: Master Agreement for Administration Services (Flag Investors Funds Inc), Master Agreement (Deutsche Funds Inc), Master Agreement (Deutsche Family of Funds Inc)
Standard of Care and Indemnification. A. Standard of Care With regard to Sections One, Three and Four, the The Company shall be held to a standard of reasonable care in carrying out the provisions of this Contract. The Company shall be entitled to rely on and may act upon advice of counsel (who may be counsel for the Investment CompanyTrust) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice, provided that such action is not in violation of applicable federal or state laws or regulations, and is in good faith and without negligence.
Appears in 2 contracts
Samples: Federated Arms Fund, Trust for Government Cash Reserves
Standard of Care and Indemnification. A. Standard of Care With regard to Sections One, Three and Four, the The Company shall be held to a standard of reasonable care in carrying out the provisions of this Contract. The Company shall be entitled to rely on and may act upon advice of counsel (who may be counsel for the Investment CompanyFund) on all matters, and shall be without liability for any action reasonably taken or omitted pursuant to such advice, provided that such action is not in violation of applicable federal or state laws or regulations, and is in good faith and without negligence.
Appears in 1 contract
Samples: Transfer Agency Services (Money Market Obligations Trust)
