Common use of Authorized Instructions Clause in Contracts

Authorized Instructions. All directions and instructions to the Custodian from an Authorized Party shall be in writing, by facsimile transmission, electronic transmission, or any other method specifically agreed to in writing by the Client and the Custodian, provided the Custodian may, in its discretion, accept oral directions and instructions and may require confirmation in writing. The Custodian shall be fully protected in acting in accordance with all such directions and instructions ("Authorized Instructions") which it reasonably believes to have been given by an Authorized Party or in failing to act in the absence thereof.

Authorized Instructions. All directions and instructions to the Custodian from an Authorized Party shall be in writing, by facsimile transmission, electronic transmissiontransmission subject to the Custodian's practices, or any other method specifically agreed to in writing by the Client and the Custodian, provided the Custodian may, in its discretion, accept oral directions and instructions and may require confirmation in writing. The Custodian shall be fully protected in acting in accordance with all such directions and instructions ("Authorized Instructions") which it reasonably believes to have been given by an Authorized Party or in failing to act in the absence thereof.

Authorized Instructions. All directions and instructions to the Custodian from an Authorized Party (“Authorized Instructions”) shall be in writing, transmitted by facsimile transmission, mail (including electronic transmission, mail) or any other method specifically agreed to in writing by the Client and the Custodian, provided the Custodian may, in its discretion, accept oral directions and instructions and may require confirmation in writingfacsimile. The Custodian shall be entitled to rely on and shall be fully protected in acting in accordance with all such directions and instructions ("Authorized Instructions") which that it reasonably believes to have been given by an Authorized Party or and in failing to act in the absence thereof.thereof.‌