Common use of Authorized Instructions Clause in Contracts

Authorized Instructions. As used herein, the term "Authorized Instructions" means a writing directed to the Custodian and signed by an Authorized Party. Each such writing shall set forth or evidence the specific transaction or type of transaction involved. Client or the Investment Manager may deliver Authorized Instructions by facsimile transmission, electronic transmission subject to the Custodian's practices, which practices shall be acceptable to Client and agreed to in writing by the Client or the Investment Manager, or any other method specifically agreed to in writing by the Client or the Investment Manager and the Custodian. In addition, the Custodian may, in its discretion, and subject to the procedures below, accept oral Authorized Instructions ("Oral Instructions"). If the Custodian adheres to the security procedures set out below or elsewhere as agreed to in writing by the Client or the Investment Manager, the Custodian shall be fully protected in acting in accordance with all Authorized Instructions that it reasonably believes to have been given by an Authorized Party using the means described in such security procedures or in failing to act in the absence thereof. Notwithstanding anything herein to the contrary, Custodian shall comply with the following security procedures.

Authorized Instructions. As used herein, the term "Authorized Instructions" means a writing directed to the Custodian and signed by an Authorized Party. Each such writing shall set forth or evidence the specific transaction or type of transaction involvedinvolved and state the specific purpose for which action is requested. Client or the Investment Manager may deliver Authorized Instructions by facsimile transmission, electronic transmission subject to the Custodian's practices, which practices shall be acceptable to Client and agreed to in writing by the Client or the Investment ManagerClient, or any other method specifically agreed to in writing by the Client or the Investment Manager and the Custodian. In addition, the Custodian may, in its discretion, and subject to the procedures below, accept oral Authorized Instructions ("Oral Instructions"). If the Custodian adheres to the security procedures set out below or elsewhere as agreed to in writing by the Client or the Investment Managerbelow, the Custodian shall be fully protected in acting in accordance with all Authorized Instructions that it reasonably believes to have been given by an Authorized Party using the means described in such security procedures or in failing to act in the absence thereof. Notwithstanding anything herein to the contrary, Custodian shall comply with the following security procedures.

Authorized Instructions. As used herein, the term "Authorized Instructions" ----------------------- means a writing directed to the Custodian and signed by an Authorized Party. Each such writing shall set forth or evidence the specific transaction or type of transaction involved. Client or the Investment Manager may deliver Authorized Instructions by facsimile transmission, electronic transmission subject to the Custodian's practices, which practices shall be acceptable to Client and agreed to in writing by the Client or the Investment Manager, or any other method specifically agreed to in writing by the Client or the Investment Manager and the Custodian. In addition, the Custodian may, in its discretion, and subject to the procedures below, accept oral Authorized Instructions ("Oral Instructions"). If the Custodian adheres to the security procedures set out below or elsewhere as agreed to in writing by the Client or the Investment Manager, the Custodian shall be fully protected in acting in accordance with all Authorized Instructions that it reasonably believes to have been given by an Authorized Party using the means described in such security procedures or in failing to act in the absence thereof. Notwithstanding anything herein to the contrary, Custodian shall comply with the following security procedures.

Authorized Instructions. As used herein, the term "Authorized Instructions" ----------------------- means a writing directed to the Custodian and signed by an Authorized Party. Each such writing shall set forth or evidence the specific transaction or type of transaction involvedinvolved and state the specific purpose for which action is requested. Client or the Investment Manager may deliver Authorized Instructions by facsimile transmission, electronic transmission subject to the Custodian's practices, which practices shall be acceptable to Client and agreed to in writing by the Client or the Investment ManagerClient, or any other method specifically agreed to in writing by the Client or the Investment Manager and the Custodian. In addition, the Custodian may, in its discretion, and subject to the procedures below, accept oral Authorized Instructions ("Oral Instructions"). If the Custodian adheres to the security procedures set out below or elsewhere as agreed to in writing by the Client or the Investment Managerbelow, the Custodian shall be fully protected in acting in accordance with all Authorized Instructions that it reasonably believes to have been given by an Authorized Party using the means described in such security procedures or in failing to act in the absence thereof. Notwithstanding anything herein to the contrary, Custodian shall comply with the following security procedures.