Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 43 contracts
Samples: Custodian Services Agreement (Roxbury Funds), Custodian Services Agreement (Rivus Bond Fund), Custodian Services Agreement (AIG Strategic Hedge Fund of Funds)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for protected in any action PFPC Trust it takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust it receives from or on behalf of the Fund or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written InstructionsInstructions unless, under the terms of other provisions of this Agreement, the same is a condition of PFPC Trust's properly taking or not taking such action.
Appears in 12 contracts
Samples: Custody Agreement (Boulder Total Return Fund Inc), Custodian Services Agreement (Trainer Wortham Funds), Custodian Services Agreement (Excelsior Private Equity Fund Ii Inc)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund Company and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund Company or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 8 contracts
Samples: Custodian Services Agreement (UST Global Private Markets Fund, LLC), Custodian Services Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 1), LLC), Custodian Services Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 2), LLC)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the a Fund and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund such Fund, or in reliance upon advice from counsel with respect to any matter relating to such Fund, and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 6 contracts
Samples: Custodian Services Agreement (Strategic Partners Mutual Funds, Inc.), Custodian Services Agreement (American Skandia Trust), Custodian Services Agreement (Strategic Partners Mutual Funds, Inc.)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for any action PFPC Trust takes or does not take in reasonable reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund or from counsel pursuant to subparagraph (b) of this Section 5, and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 5 contracts
Samples: Custodian Services Agreement (BlackRock Fixed Income Value Opportunities), Custodian Agreement (Blackrock Funds), Custodian Services Agreement (Blackrock Liquidity Funds)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund Trust and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund Trust or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 4 contracts
Samples: Custodian Services Agreement (BHR Institutional Funds), Custodian Services Agreement (BHR Institutional Funds), Custodian Services Agreement (Afl Cio Housing Investment Trust)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund Partnership and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund Partnership or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 3 contracts
Samples: Custodian Services Agreement (Hatteras Multi-Strategy Fund I, L.P.), Custodian Services Agreement (Hatteras Multi-Strategy Fund II, L.P.), Custodian Services Agreement (Hatteras Master Fund, L.P.)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund or from counsel and which PFPC Trust believes, in good faithacting reasonably, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 2 contracts
Samples: Custodian Services Agreement (CRM Mutual Fund Trust), Custodian Services Agreement (CRM Mutual Fund Trust)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund Funds and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund Funds or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 2 contracts
Samples: Custodian Services Agreement (CSFB Alternative Capital Tactical Trading Institutional Fund, LLC), Custodian Services Agreement (CSFB Alternative Capital Multi-Strategy Fund, LLC)
Protection of PFPC Trust. Subject to the second sentence of section 13, PFPC Trust shall be indemnified by the Fund and without liability for any action PFPC Trust takes or does not take in good faith and reliance upon directions or reasonable advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund or from counsel and which action or inaction PFPC Trust reasonably believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 2 contracts
Samples: Custodian Services Agreement (Citigroup Alternative Investments Multi Adv Hedge Fu Por LLC), Custodian Services Agreement (Citigroup Alternative Investments Multi Adv Hedge Fu Por LLC)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund Fund, or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 2 contracts
Samples: Custodian Services Agreement (First Trust Senior Floating Rate Income Fund Ii), Custodian Services Agreement (First Trust Active Dividend Income Fund)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for protected in any action PFPC Trust ------------------------ it takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust it receives from or on behalf of the Fund or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written InstructionsInstructions unless, under the terms of other provisions of this Agreement, the same is a condition of PFPC Trust's properly taking or not taking such action.
Appears in 2 contracts
Samples: Custodian Services Agreement (Torray Fund), Custodian Services Agreement (Spirit of America Investment Fund Inc)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund or in reliance upon advice from counsel reasonably chosen by PFPC Trust and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 2 contracts
Samples: Custodian Services Agreement (Sit Mutual Funds Trust), Custodian Services Agreement (Sit Mutual Funds Inc)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the each Fund and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the a Fund or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written InstructionsInstructions unless, under the terms of other provisions of this Agreement, the same is a condition of PFPC Trust's properly taking or not taking such action.
Appears in 2 contracts
Samples: Custodian Services Agreement (Eip Investment Trust), Custodian Services Agreement (Eip Investment Trust)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for any action PFPC Trust takes or does not take without bad faith and in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund or from counsel and which PFPC Trust reasonably believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 2 contracts
Samples: Custodian Services Agreement (E Trade Funds), Custodian Services Agreement (E Trade Funds)
Protection of PFPC Trust. Subject to Section 14(a), PFPC Trust shall be indemnified by the Fund and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund or from upon advice of counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing Subject to sub-section (d) above, nothing in this section Section 6 shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 2 contracts
Samples: Custodian Services Agreement (J P Morgan Atlas Global Long / Short Equity Fund LLC), Custodian Services Agreement (Jp Morgan Multi-Strategy Fund LLC)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.Written
Appears in 1 contract
Samples: Custodian Services Agreement (Montgomery Partners Absolute Return Fund LLC)
Protection of PFPC Trust. PFPC Trust shall be protected and indemnified by the Fund and without liability for Partnership in ------------------------ any action PFPC Trust it takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund Partnership or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions. 7.
Appears in 1 contract
Samples: Form of Agreement (Oppenheimer Tremont Market Neutral Fund LLC)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for protected in ------------------------ any action PFPC Trust it takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust it receives from or on behalf of the Fund or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust Trust, unless otherwise required to do so under the terms of this Agreement, (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written InstructionsInstructions unless, under the terms of other provisions of this Agreement, the same is a condition of PFPC Trust's properly taking or not taking such action.
Appears in 1 contract
Samples: Custodian Services Agreement (Sage Life Investment Trust)
Protection of PFPC Trust. Without limiting PFPC Trust's other protections under this Agreement, PFPC Trust shall be indemnified by the Fund and without liability for protected in any action PFPC Trust it takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust it receives from or on behalf of the Fund or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written InstructionsInstructions unless, under the terms of other provisions of this Agreement, the same is a condition of PFPC Trust's properly taking or not taking such action.
Appears in 1 contract
Samples: Custodian Services Agreement (Excelsior Buyout Investors LLC)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund or from the counsel contemplated in Section 5(b) and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 1 contract
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for any action PFPC Trust takes or does not take in good faith and reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund or from counsel and which PFPC Trust reasonably believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (ii ) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.
Appears in 1 contract
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for protected in any action PFPC Trust it takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust it receives from or on behalf of the Fund or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this the section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written InstructionsInstructions unless, under the terms of other provisions of this Agreement, the same is a condition of PFPC Trust's properly taking such action.
Appears in 1 contract
Samples: Custodian Services Agreement (Elite Group of Mutual Funds)
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for any action PFPC Trust takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust receives from or on behalf of the Fund or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructionsinstructions.
Appears in 1 contract
Protection of PFPC Trust. PFPC Trust shall be indemnified by the Fund and without liability for protected in any action PFPC Trust it takes or does not take in reliance upon directions or advice or Oral Instructions or Written Instructions PFPC Trust it receives from or on behalf of the Fund or from counsel and which PFPC Trust believes, in good faith, to be consistent with those directions or advice or Oral Instructions or Written Instructions. Nothing in this section shall be construed so as to impose an and obligation upon PFPC Trust (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written InstructionsInstructions unless, under the terms of other provisions of this Agreement, the same is a condition of PFPC Trust's properly taking or not taking such action.
Appears in 1 contract
Samples: Custodian Services Agreement (Finance Co of Pennsylvania)
