Common use of Custodial Duties Requiring Instructions Clause in Contracts

Custodial Duties Requiring Instructions. The Custodian shall carry out any of the following actions only upon receipt of specific Instructions, delivered in accordance with Section 5, authorizing and requesting same: i. Receive or Deliver any Assets, except as otherwise specifically provided for in this Agreement; ii. Carry out any action affecting Assets and the Custody Account, other than those specified in Sections 6.A.i or 6.B hereof; provided, however, that each instance shall be subject to the prior approval and agreement of the Custodian; and provided further, that all Instructions regarding Forked Digital Assets are subject to Section 8 of this Agreement; and iii. Transfer Assets in connection with the services described in Section 3.F.

Appears in 3 contracts

Samples: Custodial Services Agreement (Fidelity Wise Origin Bitcoin Fund), Custodial Services Agreement (Fidelity Wise Origin Bitcoin Fund), Custodial Services Agreement (Fidelity Ethereum Fund)

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Custodial Duties Requiring Instructions. The Custodian shall carry out any of the following actions only upon receipt of specific Instructions, delivered in accordance with Section 5, authorizing and requesting same: : i. Receive or Deliver deliver any Assets, except as otherwise specifically provided for in this Agreement; ; ii. Carry out any action affecting Assets and the Custody Account, other than those specified in Sections 6.A.i or Section 6.B hereofbelow; provided, however, that each instance shall be subject to the prior approval and agreement of the Custodian; and provided further, that all Instructions instructions regarding Forked Digital Assets are subject to Section 8 of this Agreement; and and iii. Transfer Assets in connection with the services described in Section 3.F.3.

Appears in 2 contracts

Samples: Custodial Services Agreement (wShares Bitcoin Fund), Custodial Services Agreement (wShares Bitcoin Fund)

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Custodial Duties Requiring Instructions. The Custodian shall carry out any of the following actions only upon receipt of specific Instructions, delivered in accordance with Section 5, authorizing and requesting same: i. Receive or Deliver deliver any Assets, except as otherwise specifically provided for in this Agreement; ii. Carry out any action affecting Assets and the Custody Account, other than those specified in Sections 6.A.i or Section 6.B hereofbelow; provided, however, that each instance shall be subject to the prior approval and agreement of the Custodian; and provided further, that all Instructions instructions regarding Forked Digital Assets are subject to Section 8 of this Agreement; and iii. Transfer Assets in connection with the services described in Section 3.F.3.

Appears in 1 contract

Samples: Custodial Services Agreement (Osprey Bitcoin Trust)

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