Common use of Instructions; Contrary to Law/Market Practice Clause in Contracts

Instructions; Contrary to Law/Market Practice. X.X. Xxxxxx need not act upon Instructions that it reasonably believes are contrary to Applicable Law or market practice. X.X. Xxxxxx shall be under no duty to investigate whether any Instructions comply with Applicable Law or market practice. In the event X.X. Xxxxxx does not act upon such Instructions, X.X. Xxxxxx will notify the Customer promptly and such notice will specify the reasons for its determination.

Appears in 1 contract

Samples: Form of Master Fund Services Agreement (Blackrock Funds)

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Instructions; Contrary to Law/Market Practice. X.X. Xxxxxx need shall not be required to act upon Instructions that which it reasonably believes are to be contrary to Applicable Law or market practice. , but X.X. Xxxxxx shall will be under no duty to investigate whether any Instructions comply with Applicable Law or market practice. In the event X.X. Xxxxxx does not act upon such Instructions, X.X. Xxxxxx will notify the Customer promptly and Lender as soon as reasonably practicable unless such notice will specify the reasons for its determinationis prohibited by Applicable Law.

Appears in 1 contract

Samples: Securities Lending Agreement (Brighthouse Funds Trust I)

Instructions; Contrary to Law/Market Practice. X.X. Xxxxxx need not act upon Instructions that it reasonably believes are contrary to Applicable Law law, regulation or market practice. X.X. Xxxxxx shall be under no duty to investigate whether any Instructions comply with Applicable Law or market practice. In the event that X.X. Xxxxxx does not act upon such Instructions, X.X. Xxxxxx will notify the Customer promptly and such notice will specify the reasons for its determinationwhere reasonably practicable.

Appears in 1 contract

Samples: Global Custody Agreement (First Eagle Funds)

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Instructions; Contrary to Law/Market Practice. (a) X.X. Xxxxxx need not act upon Instructions that it reasonably believes are contrary to Applicable Law law, regulation or market practice. X.X. Xxxxxx shall be under no duty to investigate whether any Instructions comply with Applicable Law or market practice. In the event X.X. Xxxxxx does not act upon such Instructions, X.X. Xxxxxx will notify the Customer promptly and such notice will specify the reasons for its determinationwhere reasonably practicable.

Appears in 1 contract

Samples: Form of Master Global Custody Agreement (Blackrock Funds)

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