Common use of Refusal to Act on Instructions Clause in Contracts

Refusal to Act on Instructions. SoFi HK may in its absolute discretion refuse to act on any of your Instructions without giving any reason. In particular, SoFi HK may refuse to act on an Instruction if, at the time of such Instruction: (a) there are insufficient Securities or funds in the Account to settle the relevant transaction; or (b) you do not have the required minimum balance in your Account. SoFi HK may also refuse to act upon any Instructions by telephone or facsimile if it is in doubt as to whether such Instructions have been properly authorized, accurately transmitted or received or properly understood by it, or if such Instructions are illegible or ambiguous, and it shall incur no liability for so refusing to act.

Appears in 3 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Refusal to Act on Instructions. SoFi HK may in its absolute discretion refuse to act on any of your Instructions without giving any reason. In particular, SoFi HK may refuse to act on an Instruction if, at the time of such Instruction: (a) there are insufficient insufficient Securities or funds in the Account to settle the relevant transaction; or (b) you do not have the required minimum balance in your Account. SoFi HK may also refuse to act upon any Instructions by telephone or facsimile if it is in doubt as to whether such Instructions have been properly authorized, accurately transmitted or received or properly understood by it, or if such Instructions are illegible or ambiguous, and it shall incur no liability for so refusing to act.

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

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