Common use of Cancellation or Amendment of Payment Orders Clause in Contracts

Cancellation or Amendment of Payment Orders. The Client may cancel or amend an FT Instruction but BBH shall have no liability for BBH’s failure to act on a cancellation or amendment of an FT Instruction unless BBH has received such cancellation FT Instruction or amendment FT Instruction at a time and in a manner affording BBH reasonable opportunity to act prior to BBH’s execution of the original FT Instruction. Any cancellation or amendment of an FT Instruction shall be sent and verified by a Designated Security Procedure elected by the Client or an Authorized Person.

Appears in 25 contracts

Sources: Custodian Agreement (Crossmark ETF Trust), Custodian Agreement (New Alternatives Fund), Custodian and Transfer Agent Agreement (Exchange Place Advisors Trust)

Cancellation or Amendment of Payment Orders. The Client may cancel or amend an FT Instruction Instruction, but BBH shall have no liability for BBH’s failure to act on a cancellation or amendment of an FT Instruction unless BBH has received such cancellation FT Instruction or amendment FT Instruction at a time and in a manner affording BBH reasonable opportunity to act prior to BBH’s execution of the original FT Instruction. Any cancellation or amendment of an FT Instruction shall be sent and verified by a Designated Security Procedure elected by the Client or an Authorized Person.

Appears in 1 contract

Sources: Custodian Agreement (BondBloxx ETF Trust)

Cancellation or Amendment of Payment Orders. The Client may cancel or amend an FT Instruction but BBH shall have no liability for BBH’s 's failure to act on a cancellation or amendment of an FT Instruction unless BBH has received such cancellation FT Instruction or amendment FT Instruction at a time and in a manner affording BBH reasonable opportunity to act prior to BBH’s 's execution of the original FT Instruction. Any cancellation or amendment of an FT Instruction shall be sent and verified by a Designated Security Procedure elected by the Client or an Authorized Person.

Appears in 1 contract

Sources: Custodian and Transfer Agent Agreement (THOR Financial Technologies Trust)