Common use of Funds Transfer Instructions Clause in Contracts

Funds Transfer Instructions. 16.1 Principal authorizes Custodian to act upon instructions for the transfer of funds from the Account to any other account(s) of Principal or to any third party when such instructions are received from Principal or Principal's Appointed Persons and which have been authenticated by Custodian in accordance with the securities procedures agreed to by Principal as set forth in Subparagraph 15.2 hereof.

Appears in 3 contracts

Samples: Custodian Agreement (Advisors Inner Circle Fund), Custodian Agreement (Advisors Inner Circle Fund), Custodian Agreement (Advisors Inner Circle Fund)

AutoNDA by SimpleDocs

Funds Transfer Instructions. 16.1 Principal authorizes Custodian to act upon instructions for the transfer of funds from the Account to any other account(s) of Principal or to any third party when such instructions are received from Principal or Principal's Appointed Persons and which have been authenticated by Custodian in accordance with the securities procedures agreed to by Principal as set forth in Subparagraph 15.2 16.2 hereof.

Appears in 2 contracts

Samples: Custodian Agreement (Advisors' Inner Circle Fund), Custodian Agreement (Highmark Funds /Ma/)

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