Common use of INSTRUCTIONS BY THE CLIENT Clause in Contracts

INSTRUCTIONS BY THE CLIENT. 11.1 For purposes of this paragraph instructions by the Client only strictly refers to transfer instructions given by the Client. All transfer instructions given by the Client shall be sent to Computershare at the address set out at clause 26 of this Agreement below or by Electronic Communication, to: xxxxxxx@xxxxxxxxxxxxx.xx.xx . All instructions shall be sent in writing, or by any other means as may be approved by Computershare from time to time in writing. Computershare shall not be obliged to carry out any instruction that does not comply with this Agreement, requirements of FICA, the Securities Legislation or Computershare’s standard operating procedures. 11.2 On each occasion on which an instruction is given, the Client will be regarded as having confirmed that he has the necessary authority. Computershare may record telephonic or electronic conversations with the Client and its representatives and the Client agrees that such recordings or transcripts thereof may be used as evidence in any dispute with the Client. 11.3 In the event that the Client gives to Computershare an instruction to buy or sell Securities on behalf of the Client, subject to the limited mandate to carry out such instruction without having to exercise any independent discretion and in terms of a particular service offered by Computershare, then the Client gives to Computershare the right to appoint and pay brokers and other agents to carry out such instruction, to receive and give receipts in respect of such purchases or sales and to do all such things incidental thereto in order to give effect to such instruction. 11.4 Computershare shall not incur any liability for acting on an instruction, direction or other communication on which Computershare is authorised to rely pursuant to this section or for any delay in delivery or non-delivery or error in transmission.

Appears in 8 contracts

Samples: Custody and Settlement Agreement, Custody and Settlement Agreement, Custody and Settlement Agreement

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INSTRUCTIONS BY THE CLIENT. 11.1 For purposes of this paragraph instructions by the Client only strictly refers to transfer instructions given by the Client. All transfer instructions given by the Client shall be sent to Computershare at the address set out at clause 26 28 of this Agreement below or by Electronic Communication, to: xxxxxxx@xxxxxxxxxxxxx.xx.xx Xxxxxxx.Xxxxxxxxxxx@Xxxxxxxxxxxxx.xx.xx. All instructions shall be sent in writing, or by any other means as may be approved by Computershare from time to time in writing. Computershare shall not be obliged to carry out any instruction that does not comply with this Agreement, requirements of FICA, the Securities Legislation or Computershare’s standard operating procedures. 11.2 On each occasion on which an instruction is given, the Client will be regarded as having confirmed that he has the necessary authority. Computershare may record telephonic or electronic conversations with the Client and its representatives and the Client agrees that such recordings or transcripts thereof may be used as evidence in any dispute with the Client. 11.3 In the event that the Client gives to Computershare an instruction to buy or sell Securities on behalf of the Client, subject to the limited mandate to carry out such instruction without having to exercise any independent discretion and in terms of a particular service offered by Computershare, then the Client gives to Computershare the right to appoint and pay brokers and other agents to carry out such instruction, to receive and give receipts in respect of such purchases or sales and to do all such things incidental thereto in order to give effect to such instruction. 11.4 Computershare shall not incur any liability for acting on an instruction, direction or other communication on which Computershare is authorised to rely pursuant to this section or for any delay in delivery or non-delivery or error in transmission.

Appears in 1 contract

Samples: Custody and Settlement Agreement

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