Oral Instructions. Custodian may rely upon and act in accordance with Oral Instructions. All Oral Instructions shall be confirmed to Custodian in Written Instructions. However, if Written Instructions confirming Oral Instructions are not received by Custodian prior to a transaction, it shall in no way affect the validity of the transaction authorized by such Oral Instructions or the authorization given by an Authorized Person to effect such transaction. Custodian shall incur no liability to any Portfolio or the Trust in acting upon Oral Instructions. To the extent such Oral Instructions vary from any confirming Written Instructions, Custodian shall advise the Trust of such variance, but unless confirming Written Instructions are timely received, such Oral Instructions shall govern.
Appears in 2 contracts
Samples: Custody Agreement (Hillview Investment Trust Ii), Custody Agreement (Arbitrage Funds)
Oral Instructions. Custodian may rely upon and act in accordance with Oral Instructions. All Oral Instructions shall be confirmed to Custodian in Written Instructions. However, if Written Instructions confirming Oral Instructions are not received by Custodian prior to a transaction, it shall in no way affect the validity of the transaction authorized by such Oral Instructions or the authorization given by an Authorized Person to effect such transaction. Custodian shall incur no liability to any Portfolio the Fund or the Trust Company in acting upon Oral Instructions. To the extent such Oral Instructions vary from any confirming Written Instructions, Custodian shall advise the Trust Company of such variance, but unless confirming Written Instructions are timely received, such Oral Instructions shall govern.
Appears in 2 contracts
Samples: Custody Agreement (Wilshire Mutual Funds Inc), Custody Agreement (Wilshire Mutual Funds Inc)
Oral Instructions. Custodian may rely upon and act in accordance with Oral Instructions. All Oral Instructions shall be confirmed to Custodian in Written Instructions. However, if Written Instructions confirming Oral Instructions are not received by Custodian prior to a transaction, it shall in no way affect the validity of the transaction authorized by such Oral Instructions or the authorization given by an Authorized Person to effect such transaction. Custodian shall incur no liability to any Portfolio Series or the Trust in acting upon Oral Instructions. To the extent such Oral Instructions vary from any confirming Written Instructions, Custodian shall advise the Trust of such variance, but unless confirming Written Instructions are timely received, such Oral Instructions shall govern.
Appears in 2 contracts
Samples: Custody Agreement (Underlying Funds Trust), Custody Agreement (Underlying Funds Trust)
Oral Instructions. Custodian may rely upon and act in accordance with Oral Instructions. All Oral Instructions shall be confirmed to Custodian in Written Instructions. However, if Written Instructions confirming Oral Instructions are not received by Custodian prior to a transaction, it shall in no way affect the validity of the transaction authorized by such Oral Instructions or the authorization given by an Authorized Person to effect such transaction. Custodian shall incur no liability to any Portfolio or the Trust Company in acting upon Oral Instructions. To the extent such Oral Instructions vary from any confirming Written Instructions, Custodian shall advise the Trust Company of such variance, but unless confirming Written Instructions are timely received, such Oral Instructions shall govern.
Appears in 2 contracts
Samples: Custody Agreement (Needham Funds Inc), Custody Agreement (Lipper Funds Inc)
Oral Instructions. Custodian may rely upon and act in accordance with Oral Instructions. All Oral Instructions shall be confirmed to Custodian in Written Instructions. However, if Written Instructions confirming Oral Instructions are not received by Custodian prior to a transaction, it shall in no way affect the validity of the transaction authorized by such Oral Instructions or the authorization given by an any two Authorized Person Persons to effect such transaction. Custodian shall incur no liability to any Portfolio or the Trust Company in acting upon Oral Instructions. To the extent such Oral Instructions vary from any confirming Written Instructions, Custodian shall advise the Trust Company of such variance, but unless confirming Written Instructions are timely received, such Oral Instructions shall govern.
Appears in 1 contract
Samples: Custody Agreement (Asa Market Neutral Equity Fund LLC)
Oral Instructions. Custodian may rely upon and act in accordance with ----------------- Oral Instructions. All Oral Instructions shall be confirmed to Custodian in Written Instructions. However, if Written Instructions confirming Oral Instructions are not received by Custodian prior to a transaction, it shall in no way affect the validity of the transaction authorized by such Oral Instructions or the authorization given by an Authorized Person to effect such transaction. Custodian shall incur no liability to any Portfolio or the Trust in acting upon Oral Instructions. To the extent such Oral Instructions vary from any confirming Written Instructions, Custodian shall advise the Trust of such variance, variance but unless confirming Written Instructions are timely received, such Oral Instructions shall govern.
Appears in 1 contract
Oral Instructions. Custodian may rely upon and act in accordance with Oral Instructions. All Oral Instructions shall be confirmed to Custodian in Written Instructions. However, if Written Instructions confirming Oral Instructions are not received by Custodian prior to a transaction, it shall in no way affect the validity of the transaction authorized by such Oral Instructions or the authorization given by an Authorized Person to effect such transaction. Custodian shall incur no liability to any the Portfolio or the Trust Company in acting upon Oral Instructions. To the extent such Oral Instructions vary from any confirming Written Instructions, Custodian shall advise the Trust Company of such variance, variance but unless confirming Written Instructions are timely received, such Oral Instructions shall govern.
Appears in 1 contract
Samples: Custody Agreement (Dreyfus Premier Equity Funds Inc)