Common use of Taking of Advice Clause in Contracts

Taking of Advice. Each Agent may at the Issuer’s cost consult on any legal matter any legal adviser or other professional adviser selected by it, who may be an employee of or adviser to the Issuer and it shall not be liable in respect of anything done, or omitted to be done, relating to that matter in good faith in accordance with that adviser’s opinion. Failure to consult such advisers on any matter shall not be construed as evidence of any Agent not acting in good faith.

Taking of Advice. Each Agent may engage and consult, at the cost of the Issuer’s cost consult , on any legal matter with any legal adviser or other professional adviser selected by it, who may at the discretion of such Agent be an employee of or adviser to the Issuer Issuer, and it none of the Agents or their respective directors, officers, employees and duly appointed agents shall not be liable in respect of anything done, or omitted to be done, relating to that matter in good faith in accordance with that adviser’s opinion. Failure to consult such advisers on any matter shall not be construed as evidence of any Agent not acting in good faith.