Common use of Carrying out the Account Holder’s instructions Clause in Contracts

Carrying out the Account Holder’s instructions. The Account Holder’s instructions must be sent to SGSS according to the procedures indicated in the information sent by mail or made available on the SHARINBOX website where applicable. If SGSS does not receive any instructions in the stipulated time periods and forms, it will not substitute for the Account Holder in order to participate in the transaction. When several options are proposed in connection with a corporate action, the Account Holder is informed that the issuing company may have provided for a default option. In this case, SGSS is not responsible for the default option applied in the absence of instructions received from the Account Holder.

Appears in 2 contracts

Samples: Securities Account Agreement, Securities Account Agreement

AutoNDA by SimpleDocs

Carrying out the Account Holder’s instructions. The Account Holder’s instructions must be sent to SGSS according to the procedures indicated in the information sent by mail or made available on the SHARINBOX website where applicable. If SGSS does not receive any instructions in the stipulated time periods and forms, it will not substitute for the Account Holder in order to participate in the transaction. When several options are proposed in connection with a corporate action, the Account Holder is informed that the issuing company may have provided for a default option. In this case, SGSS is not responsible for the default option applied in the absence of instructions received from the Account Holder.. GENERAL TERMS AND CONDITIONS

Appears in 1 contract

Samples: Securities Account Agreement

AutoNDA by SimpleDocs

Carrying out the Account Holder’s instructions. The Account Holder’s instructions must be sent to SGSS according to the procedures indicated in the information sent by mail or made available on the SHARINBOX NOMINET website where applicable. If SGSS does not receive any instructions in the stipulated time periods and forms, it will not substitute for the Account Holder in order to participate in the transaction. When several options are proposed in connection with a corporate action, the Account Holder is informed that the issuing company may have provided for a default option. In this case, SGSS is not responsible for the default option applied in the absence of instructions received from the Account Holder.

Appears in 1 contract

Samples: Securities Account Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!