Common use of Directions And Instructions Clause in Contracts

Directions And Instructions. All directions to the Custodian from Bankers Trust shall be in writing (provided that the Custodian may, in its discretion, accept oral directions subject to confirmation in writing), and the Custodian shall be fully protected in acting in accordance therewith or for failing to act in the absence thereof. Bankers Trust shall certify to the Custodian the names and specimen signatures of persons authorized to act for Bankers Trust in relation to the Custodian. Communications to the Custodian shall be sent to its offices at One ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇ to such other address as the Custodian shall specify, and such communications shall be binding upon the Custodian when received by it.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Mortgage Pass Through Certificates Series 1999-Tbc1)

Directions And Instructions. All directions to the Custodian from Bankers Trust Norwest Bank shall be in writing (provided that the Custodian may, in its discretion, accept oral directions subject to confirmation in writing), and the Custodian shall be fully protected in acting in accordance therewith or for failing to act in the absence thereof. Bankers Trust Norwest Bank shall certify to the Custodian the names and specimen signatures of persons authorized to act for Bankers Trust Norwest Bank in relation to the Custodian. Communications to the Custodian shall be sent to its offices at One ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇ to such other address as the Custodian shall specify, and such communications shall be binding upon the Custodian when received by it.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Mellon Residential Funding Cor Mor Pas THR Cer Ser 1999-Tbc2)