Reliance Upon Instructions. The Fund agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Directors of the Fund and shall incur no liability to the Fund in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Directors of the Fund to give oral or written instructions.
Appears in 9 contracts
Samples: Administration Agreement (Brookfield Infrastructure Income Fund Inc.), Administration Agreement (Brookfield Infrastructure Income Fund Inc.), Administration Agreement (Oaktree Diversified Income Fund Inc.)
Reliance Upon Instructions. The Fund agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Directors of the Fund and shall incur no liability to the Fund in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Directors of the Fund to give oral or written instructionsinstructions on behalf of the Fund or any Portfolio.
Appears in 2 contracts
Samples: Administration Agreement (Fleming Capital Mutual Fund Group Inc), Administration Agreement (Fleming Capital Mutual Fund Group Inc)
Reliance Upon Instructions. The Fund agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Directors of the Fund and shall incur no liability to the Fund or the investment adviser to any portfolio in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Directors of the Fund to give oral or written instructionsinstructions on behalf of the Fund or any portfolio.
Appears in 1 contract
Samples: Form of Administration Agreement (FFP New Horizons Fund Inc)
Reliance Upon Instructions. The Fund agrees that the Administrator shall be entitled to rely upon any instructionsrestrictions, oral or written, actually received by the Administrator from the Board of Directors of the Fund and shall incur no on liability to the Fund or the Fund's Manager in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Directors of the Fund to give oral or written instructionsinstructions on behalf of the Fund.
Appears in 1 contract
Samples: Administration Agreement (Matterhorn Growth Fund Inc)
Reliance Upon Instructions. The Fund agrees that the Administrator Manager shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator Manager from the Board of Directors Trustees of the Fund and shall incur no liability to the Fund or the Fund's Advisor in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Directors Trustees of the Fund to give oral or written instructionsinstructions on behalf of the Fund.
Appears in 1 contract
Samples: Management Agreement (Professionally Managed Portfolios)
Reliance Upon Instructions. The Fund agrees that the -------------------------- Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Directors of the Fund and shall incur no liability to the Fund or the investment adviser to any portfolio in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Directors of the Fund to give oral or written instructionsinstructions on behalf of the Fund or any portfolio.
Appears in 1 contract
Samples: Administration Agreement (Builders Proloan Fund Inc)
Reliance Upon Instructions. The Fund agrees that the Administrator shall be entitled to rely upon any instructions, oral or written, actually received by the Administrator from the Board of Directors of the Fund and shall incur no liability to the Fund or the Fund's Manager in acting upon such oral or written instructions, provided such instructions reasonably appear to have been received from a person duly authorized by the Board of Directors of the Fund to give oral or written instructionsinstructions on behalf of the Fund.
Appears in 1 contract
Samples: Administration Agreement (44 Wall Street Equity Fund Inc /Md/)
