Common use of Custodian’s Rights Clause in Contracts

Custodian’s Rights. The Custodian may rely on and shall be protected in acting upon any certificate, instrument, opinion, notice, letter, telegram or other document delivered to it and which in good faith it reasonably believes to be genuine and which has been signed by the proper party or parties. The Custodian may rely conclusively on and shall be protected in acting upon the written or oral instructions of a Designated Person, including, without limitation, any instructions received pursuant to Section 1.03 hereof.

Appears in 4 contracts

Samples: Custodian Agreement (American Capital, LTD), Custodian Agreement (American Capital, LTD), Custodian Agreement (American Capital, LTD)

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Custodian’s Rights. The Custodian may rely on and shall be protected in acting upon any certificate, instrument, opinion, notice, letter, telegram or other document delivered to it and which in good faith it reasonably believes to be genuine and which has been signed by the proper party or parties. The Custodian may rely conclusively on and shall be protected in acting upon the written or oral instructions of a Designated Person, including, MCG including without limitation, any instructions received pursuant to Section 1.03 hereof.

Appears in 1 contract

Samples: Custody Agreement (MCG Capital Corp)

Custodian’s Rights. The Custodian may rely on and shall be protected in acting upon any certificate, instrument, opinion, notice, letter, telegram or other document delivered to it and which in good faith it reasonably believes to be genuine and which has been signed by the proper party or parties. The Custodian may rely conclusively on and shall be protected in acting upon the written or oral instructions of a Designated Person, including, including without limitation, any instructions received pursuant to Section 1.03 hereof.

Appears in 1 contract

Samples: Custodian Agreement (American Capital Strategies LTD)

Custodian’s Rights. The Custodian may rely on and shall be protected in acting upon any certificate, instrument, opinion, notice, letter, telegram or other document delivered to it and which in good faith it reasonably believes to be genuine and which has been signed by the proper party or parties. The Custodian may rely conclusively on and shall be protected in acting upon the written or oral instructions of a Designated Person, including, ACS including without limitation, any instructions received pursuant to Section 1.03 hereof.

Appears in 1 contract

Samples: Custodian Agreement (American Capital Strategies LTD)

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Custodian’s Rights. (a) The Custodian may rely on and shall be protected in acting upon any certificate, instrument, opinion, notice, letter, telegram or other document delivered to it and which in good faith it reasonably believes to be genuine and which has been signed by the proper party or parties. The Custodian may rely conclusively on and shall be protected by in acting upon (i) the written instructions of any designated officer of a Holder or oral (ii) the verbal instructions of a Designated Person, including, Holder including without limitation, any verbal instructions received pursuant to Section 1.03 1.3 hereof.

Appears in 1 contract

Samples: Custodian Agreement (T&w Financial Corp)

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