Common use of Incomplete or Unclear Instructions Clause in Contracts

Incomplete or Unclear Instructions. Under this Agreement, the Depositor (or following the death of the Depositor, the Beneficiary) hereby appoints the Broker as his or her agent to instruct the Custodian to effect transactions, or to provide information with regard to such matters, on behalf of the Depositor (or following the death of the Depositor, the Beneficiary) relating to the Custodial Account in a manner acceptable to the Custodian. If the Custodian receives instructions or other information relating to the Depositor’s (or following the death of the Depositor, the Beneficiary’s) Custodial Account which are, in the opinion of the Custodian, incomplete or not clear, the Custodian may request other instructions or information from the Depositor (the Authorized Agent, or following the death of the Depositor, the Beneficiary). Pending receipt of any such other instructions or information, the Custodian shall not be liable to anyone for any loss resulting from any delay, action, or inaction on the part of the Custodian. In all cases, the Custodian shall not have any duty to question any such other instructions or information from a Depositor (the Authorized Agent, or following the death of the Depositor, the Beneficiary) relating to a Depositor’s (or following the death of the Depositor, the Beneficiary’s) Custodial Account or to otherwise advise the Depositor (the Authorized Agent, or following the death of the Depositor, the Beneficiary) regarding any matter relating thereto.

Incomplete or Unclear Instructions. Under this Agreement, the Depositor (or or, following the death of the Depositor, the Beneficiary) hereby appoints the Broker as his or her agent to instruct the Custodian to effect transactions, or to provide information with regard to such matters, transactions on behalf of the Depositor (or or, following the death of the Depositor, the Beneficiary) relating to the Custodial Account Account, or to provide or receive information with regard to such matters, in a manner acceptable to the Custodian. If the Custodian receives instructions or other information relating to the Depositor’s (or following the death of the Depositor, the Beneficiary’s) Custodial Account which are, in the opinion of the Custodian, incomplete or not clear, the Custodian may request other instructions or information from the Depositor (or the Broker or Authorized Agent, or or, following the death of the Depositor, the Beneficiary). Pending receipt of any such other instructions or other information, the Custodian shall not be liable to anyone for any loss resulting from any delay, action, action or inaction on the part of the Custodian. In all cases, the Custodian shall not have any duty to question any such other instructions or information from a Depositor (the or Broker or Authorized Agent, or or, following the death of the Depositor, the Beneficiary) relating to a Depositor’s (or following the death of the Depositor, the Beneficiary’s) Custodial Account or to otherwise advise the Depositor (or the Broker or Authorized Agent, Agent or following the death of the Depositor, the Beneficiary) regarding any matter relating thereto.

Incomplete or Unclear Instructions. Under this Agreement, the Depositor (or or, following the death of the Depositor, the Beneficiary) hereby appoints the Broker as his or her agent to instruct the Custodian to effect transactions, or to provide information with regard to such matters, transactions on behalf of the Depositor (or or, following the death of the Depositor, the Beneficiary) relating to the Custodial Account Account, or to provide or receive information with regard to such matters, in a manner acceptable to the Custodian. If the Custodian receives instructions or other information relating to the Depositor’s (or following the death of the Depositor, the Beneficiary’s) Custodial Account which are, in the opinion of the Custodian, incomplete or not clear, the Custodian may request other instructions or information from the Depositor (or the Broker or Authorized Agent, or or, following the death of the Depositor, the Beneficiary). Pending receipt of any such other instructions or other information, the Custodian shall not be liable to anyone for any loss resulting from any delay, action, or inaction on the part of the Custodian. In all cases, the Custodian shall not have any duty to question any such other instructions or information from a Depositor (the or Broker or Authorized Agent, or or, following the death of the Depositor, the Beneficiary) relating to a Depositor’s (or following the death of the Depositor, the Beneficiary’s) Custodial Account or to otherwise advise the Depositor (or the Broker or Authorized Agent, Agent or following the death of the Depositor, the Beneficiary) regarding any matter relating thereto.