Common use of Proper Instructions Clause in Contracts

Proper Instructions. Proper Instructions as used throughout this Agreement means a writing signed or initialed by one or more person or persons as the Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the Fund and the Custodian agree to security procedures, including but not limited to, the security procedures selected by the Fund in the Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.10.

Appears in 37 contracts

Sources: Custodian Agreement (Security Equity Fund), Custodian Agreement (Security Equity Fund), Custodian Agreement (Van Eck Worldwide Insurance Trust)

Proper Instructions. Proper Instructions as used throughout this Agreement means a writing signed or initialed by one or more person or persons as the a Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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 Each Fund shall cause all oral instructions to be confirmed in writing. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the each Fund and the Custodian agree to security procedures, including but not limited to, the security procedures selected by such Fund via the Fund in the form of Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.102.12.

Appears in 21 contracts

Sources: Master Custodian Agreement (Invesco Sector Funds Inc), Master Custodian Agreement (Invesco Counselor Series Funds Inc), Master Custodian Agreement (Invesco Counselor Series Funds Inc)

Proper Instructions. Proper Instructions as used throughout this Agreement Contract means a writing signed or initialed by one or more person or persons as the Board of Trustees shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the instructions are consistent with the security procedures agreed to by the Fund and the Custodian agree to security proceduresincluding, including but not limited to, the security procedures selected by the Fund in on the Funds Transfer Addendum attached heretoto this Contract. For purposes of this SectionArticle, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.10.

Appears in 17 contracts

Sources: Custodian Contract (Blackrock Insured Municipal Income Trust), Custodian Contract (Blackrock California Municipal Income Trust Ii), Custodian Contract (Blackrock California Insured Municipal Income Trust)

Proper Instructions. Proper Instructions as used throughout this Agreement means a writing signed or initialed by one or more person or persons as the a Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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 Each Fund shall cause all oral instructions to be confirmed in writing. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the each Fund and the Custodian agree to security procedures, including but not limited to, the security procedures selected by the Fund in the Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.10.

Appears in 16 contracts

Sources: Master Custodian Agreement (Calvert SAGE Fund), Master Custodian Agreement (Calvert Impact Fund Inc), Master Custodian Agreement (Calvert SAGE Fund)

Proper Instructions. Proper Instructions as used throughout this Agreement means a writing signed or initialed by one two or more person or persons as the applicable Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. Oral instructions will be considered Proper Instructions if the Custodian reasonably believes them to have been given by a person two or more persons authorized to give such instructions with respect to the transaction involved. The Each Fund shall cause all oral instructions to be confirmed in writing. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the each Fund and the Custodian agree to security procedures, including but not limited to, the security procedures selected by the applicable Fund in the Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.10.

Appears in 7 contracts

Sources: Master Custodian Agreement (Gabelli Asset Fund), Master Custodian Agreement (Gabelli Global Series Funds Inc), Master Custodian Agreement (Gabelli Gold Fund Inc)

Proper Instructions. Proper Instructions as used throughout this Agreement means a writing signed or initialed by one or more person or persons as the Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the Fund and the Custodian agree to security procedures, including but not limited to, the security procedures selected by the Fund in the Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.102.9.

Appears in 5 contracts

Sources: Custodian Agreement (State Street Institutional Investment Trust), Custodian Agreement (Golden Oak Family of Funds), Custodian Agreement (State Street Institutional Investment Trust)

Proper Instructions. Proper Instructions as used throughout this Agreement means a writing signed or initialed by one or more person or persons as the Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the Fund and the Custodian agree to security procedures, including but not limited to, the security procedures selected by the Fund in the Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.10. Special Instructions as used throughout this Agreement means Proper Instructions executed by at least two officers of the Fund holding the office of Vice President or higher.

Appears in 3 contracts

Sources: Custodian Agreement (Usaa Mutual Fund Inc), Custodian Agreement (Usaa Investment Trust), Custodian Agreement (Usaa Life Investment Trust)

Proper Instructions. Proper Instructions as used throughout this Agreement means a writing signed or initialed by one or more person or persons as the Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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 Each applicable Fund shall cause all oral instructions to be confirmed in writing. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the each Fund and the Custodian agree to security procedures, including but not limited to, the security procedures selected by the Fund in the form of Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.102.9 of this Agreement.

Appears in 3 contracts

Sources: Master Custodian Agreement (Columbia Strategic Value Fund Inc), Master Custodian Agreement (Columbia Short Term Bond Fund Inc), Master Custodian Agreement (Columbia Common Stock Fund Inc)

Proper Instructions. Proper Instructions as used throughout this Agreement Contract means a writing signed or initialed by one or more person or persons as the Board of Trustees shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involvedinvolving, including a specific statement of the purpose for which such action is requested. 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 Each Fund shall cause all oral instructions to be confirmed in writing. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices devices; provided that the Fund has followed any security procedures agreed to from time to time by Fund and the Custodian agree to security proceduresCustodian, including including, but not limited to, the security procedures selected by the Fund in the Funds Transfer Addendum attached heretoAgreement. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any threemulti-party agreement which requires a segregated asset account in accordance with Section 2.102.12.

Appears in 3 contracts

Sources: Master Custodian Agreement (Phoenix Edge Series Fund), Master Custodian Agreement (Phoenix Edge Series Fund), Master Custodian Contract (Phoenix Edge Series Fund)

Proper Instructions. Proper Instructions as used throughout this Agreement Contract means a writing signed or initialed by one or more person or persons as the Board of Trustees shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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 Trust shall cause all oral instructions to be confirmed in writing. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the Fund Trust and the Custodian agree to security procedures, including but not limited to, the security procedures selected by the Fund Trust in the Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.102.12.

Appears in 3 contracts

Sources: Custodian Contract (Select Sector SPDR Trust), Custodian Contract (Sector SPDR Trust), Custodian Contract (State Street Institutional Investment Trust)

Proper Instructions. Proper Instructions as used throughout this Agreement means a writing signed or initialed by one or more person or persons as the Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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 Trust shall cause all oral instructions to be confirmed in writing. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the Fund Trust and the Custodian agree to security procedures, including but not limited to, the security procedures selected by the Fund Trust in the Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.102.11.

Appears in 2 contracts

Sources: Custodian Agreement (Index Exchange Listed Securities Trust), Custodian Agreement (Fresco Index Shares Funds)

Proper Instructions. Proper Instructions as used throughout this Agreement Contract means a writing signed or initialed by one or more person or persons as the Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the Fund and the Custodian agree to security procedures, including but not limited to, the security procedures selected by the Fund in the Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to in accordance with any three-party agreement which requires a segregated asset account in accordance with Section 2.102.9.

Appears in 1 contract

Sources: Custodian Contract (Gmo Trust)

Proper Instructions. Proper Instructions as used throughout this Agreement means a writing signed or initialed by one or more person or persons as the Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the Fund and the Custodian agree to security procedures, including but not limited to, the security procedures selected by the Fund in the Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.102.11.

Appears in 1 contract

Sources: Custodian Agreement (RMK High Income Fund Inc)

Proper Instructions. Proper Instructions as used throughout this Agreement Contract means a writing signed or initialed by one or more person or persons as the Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the Fund and the Custodian agree to security procedures, including but not limited to, the security procedures selected by the Fund in the Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.102.12.

Appears in 1 contract

Sources: Custodian Contract (Munder at Vantage Fund)

Proper Instructions. Proper Instructions as used throughout this Agreement means a writing signed or initialed by one or more person or persons as the Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the Fund complies with any security procedures agreed to between the Fund and the Custodian agree to security proceduresCustodian, including including, but not limited to, the security procedures selected by the Fund in on the Funds Transfer Loan Services Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.10.

Appears in 1 contract

Sources: Custodian Agreement (North American Senior Floating Rate Fund Inc)

Proper Instructions. Proper Instructions as used throughout this Agreement herein means a writing signed or initialed by one or more person or persons as the Board of Directors shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the Fund and the Custodian agree to security procedures, including but not limited to, the security procedures procedure selected by the Fund in the Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.102.12.

Appears in 1 contract

Sources: Custodian Contract (Managed High Yield Plus Fund Inc)

Proper Instructions. Proper Instructions as used throughout this Agreement Contract means a writing signed or initialed by one two or more person or persons as the Board of Trustees shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices devices; provided that the Fund has followed any security procedures agreed to from time to time by Fund and the Custodian agree to security proceduresCustodian, including including, but not limited to, the security procedures selected by the Fund in the Funds Transfer Addendum attached heretoAddendum. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any threemulti-party agreement which requires a segregated asset account in accordance with Section 2.102.12.

Appears in 1 contract

Sources: Custodian Agreement (Janus Adviser Series)

Proper Instructions. Proper Instructions as used throughout this Agreement Contract means a writing signed or initialed by one or more person or persons as the Board of Directors shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the Fund and the Custodian agree to security procedures, including but not limited to, the security procedures selected by the Fund in the Funds Transfer Addendum attached hereto. For purposes of this SectionArticle, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.10.

Appears in 1 contract

Sources: Custodian Contract (RS Variable Products Trust)

Proper Instructions. Proper Instructions as used throughout this Agreement herein means a writing signed or initialed initialled by one or more person or persons as the Board of Directors shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the instructions are consistent with the security procedures agreed to by the Fund and the Custodian agree to security proceduresincluding, including but not limited to, the security procedures selected by the Fund in Funds on the Funds Transfer Addendum attached heretoto this Contract. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.102.12.

Appears in 1 contract

Sources: Custodian Contract (Legg Mason Focus Trust Inc)

Proper Instructions. Proper Instructions as used throughout this Agreement means a writing signed or initialed by one or more person or persons as the Board applicable Fund shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved, including a specific statement of the purpose for which such action is requested. 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 Each applicable Fund shall cause all oral instructions to be confirmed in writing. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the each Fund and the Custodian agree to security procedures, including but not limited to, the security procedures selected by the Fund in the Funds Transfer Addendum attached hereto. For purposes of this Section, Proper Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.10.

Appears in 1 contract

Sources: Custodian Agreement (Liberty Funds Trust Ii)