Common use of Rights of the Auction Agent Clause in Contracts

Rights of the Auction Agent. (a) The Auction Agent may conclusively rely and shall be fully protected in acting or refraining from acting upon any communication authorized by this Agreement and upon any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document believed by it to be genuine. The Auction Agent shall not be liable for acting upon any communication authorized by this Agreement (including, but not limited to, any made by telephone, telecopier or other means of electronic communication acceptable to the parties hereto) which the Auction Agent believes in good faith to have been given by the Trust or by BD. The Auction Agent may record telephone communications with BD.

Appears in 29 contracts

Samples: Auction Agency Agreement, Auction Agency Agreement (Federated Premier Municipal Income Fund), Broker Dealer Agreement (Federated Premier Municipal Income Fund)

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Rights of the Auction Agent. (a) The Auction Agent may conclusively rely and shall be fully protected in acting or refraining from acting upon any communication authorized by this Agreement and upon any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document believed by it to be genuine. The Auction Agent shall not be liable for acting upon any communication authorized by this Agreement (including, but not limited to, any made by telephone, telecopier or other means of electronic communication acceptable to the parties hereto) which the Auction Agent believes in good faith to have been given by the Trust Corporation or by BD. The Auction Agent may record telephone communications with BD.

Appears in 4 contracts

Samples: Broker Dealer Agreement (Gabelli Equity Trust Inc), Broker Dealer Agreement (Gabelli Global Multimedia Trust Inc), Broker Dealer Agreement (Gabelli Convertible & Income Securities Fund Inc)

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Rights of the Auction Agent. (a) The Auction Agent may conclusively rely upon and shall be fully protected in acting or refraining from acting upon any communication authorized by this Agreement and upon any written instruction, notice, request, direction, consent, report, certificate, share certificate or other instrument, paper or document reasonably believed by it to be genuine. The Auction Agent shall not be liable for acting upon any communication authorized by this Agreement (including, but not limited to, any made by telephone, telecopier or other means of electronic communication acceptable to the parties hereto) which the Auction Agent reasonably believes in good faith to have been given by the Trust or by BD. The Auction Agent may record telephone communications with BD.

Appears in 1 contract

Samples: Broker Dealer Agreement (Aew Real Estate Income Fund)

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