Address for Proper Instructions Clause Samples

The "Address for Proper Instructions" clause defines the specific location or method by which one party must send official communications or instructions to the other party under the contract. Typically, this clause will specify a physical address, email address, or other contact details, and may outline requirements for updating these details if they change. Its core function is to ensure that all important notices and instructions are reliably delivered and received, thereby reducing the risk of miscommunication or disputes over whether proper notice was given.
Address for Proper Instructions. Proper Instructions shall be delivered to the Custodian at the address and/or telephone, telecopy or telex number, or appropriate electronic address, agreed upon from time to time by the Custodian and the applicable Fund.
View SourceView Similar (43)
Address for Proper Instructions. To the extent possible, Proper Instructions shall be sent to the Custodian via electronic instruction or trade information system acceptable to the Custodian or via facsimile transmission. Where reasonably practicable, an Authorized Person shall use automated and electronic methods of sending Proper Instructions. Where automated and electronic methods are unavailable, Proper Instructions shall be delivered to the Custodian at the location designated by the Custodian and the applicable Fund.
View SourceView Similar (5)

Related to Address for Proper Instructions

  • Proper Instructions Proper Instructions, which may also be standing instructions, as used throughout this Agreement, shall mean instructions received by the Custodian from the Fund, the Fund’s investment manager, or a person or entity duly authorized by either of them. Such instructions may be in writing signed by the authorized person or persons or may be in a tested communication or in a communication utilizing access codes effected between electro-mechanical or electronic devices or may be by such other means and utilizing such intermediary systems and utilities as may be agreed to from time to time by the Custodian and the person or entity giving such instructions, provided that the Fund has followed any security procedures agreed to from time to time by the Fund and the Custodian, including, but not limited to, the security procedures selected by the Fund in the Funds Transfer Addendum to this Agreement. Oral instructions will be considered Proper Instructions if the Custodian reasonably believes them to have been given by a person authorized to give such instructions with respect to the transaction involved. The Fund shall cause all oral instructions to be confirmed in writing. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any multi-party agreement which requires a segregated asset account in accordance with Section 2.9 of this Agreement. The Fund or the Fund’s investment manager shall cause its duly authorized officer to certify to the Custodian in writing the names and specimen signatures of persons authorized to give Proper Instructions. The Custodian shall be entitled to rely upon the identity and authority of such persons until it receives notice from the Fund to the contrary.