Common use of Completeness and Contents of Instructions Clause in Contracts

Completeness and Contents of Instructions. The Authorized Person shall be responsible for assuring the adequacy and accuracy of Instructions. Particularly, upon any acquisition or disposition or other dealing in a Fund's Investments and upon any delivery and transfer of any Investment or moneys, the person initiating such Instruction shall give the Custodian an Instruction with appropriate detail, including, without limitation: 4.3.1 The transaction date and the date and location of settlement; 4.3.2 The specification of the type of transaction; 4.3.4 A description of the Investments or moneys in question, including, as appropriate, quantity, price per unit, amount of money to be received or delivered and currency information. Where an Instruction is communicated by electronic means, or otherwise where an Instruction contains an identifying number such as a CUSIP, SEDOL or ISIN number, the Custodian shall be entitled to rely on such number as controlling. However, should the Custodian become actually aware of an inconsistency contained in such Instruction with respect to Investment description, the Custodian shall endeavor to contact an Authorized Person to resolve such inconsistency; 4.3.5 The name of the broker or similar entity concerned with execution of the transaction. If the Custodian shall determine that an Instruction is either unclear or incomplete, or contains any inconsistency, the Custodian shall give prompt notice of such determination to the affected Fund, and the Fund shall thereupon amend or otherwise reform such Instruction. In such event, the Custodian shall have no obligation to take any action in response to the Instruction initially delivered until the redelivery of an amended or reformed Instruction.