Common use of Amendments, Cancellations and Recalls of Payment Orders; Debit Authorizations Clause in Contracts

Amendments, Cancellations and Recalls of Payment Orders; Debit Authorizations. The Customer authorizes the Custodian to (a) accept and act upon requests for amendment, cancellation and recall of funds transfers or (b) debit a Customer account upon receiving authorization to do so.

Appears in 3 contracts

Samples: Funds Custodial Agreement, Fund of Hedge Funds Custodial Agreement (Salient Absolute Return Master Fund), Hedge Funds Custodial Agreement (Endowment Master Fund L P)

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Amendments, Cancellations and Recalls of Payment Orders; Debit Authorizations. The Customer authorizes the Custodian X.X. Xxxxxx to (a) accept and act upon requests for amendment, cancellation and recall of funds transfers or (b) debit a the Customer account upon receiving authorization to do so.

Appears in 1 contract

Samples: Hedge Funds Custodial Agreement (Aetos Capital Multi-Strategy Arbitrage Fund LLC)

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