Common use of Reliance on Certificates and Instructions Clause in Contracts

Reliance on Certificates and Instructions. The Company agrees to furnish to BTC a new Certificate whenever any then Authorized Person ceases to be an Authorized Person or additional Authorized Persons are appointed and authorized. BTC shall be entitled to rely, and shall be fully protected in acting, upon any Certificate, any information contained on any schedule hereto as may be amended in accordance with the terms hereof, and any Written or Oral Instruction actually received by BTC and reasonably believed by BTC to be duly authorized and delivered. The Company agrees to forward to BTC Written Instructions confirming Oral Instructions in such manner so that such Written Instructions are received by BTC by the close of business of the same day that such Oral Instructions are given to BTC. The Company agrees that the fact that such confirming Written Instructions are not received on a timely basis or that contrary instructions are received by BTC shall in no way affect the validity or enforceability of the transactions authorized by the Company. BTC shall use reasonable efforts to report any subsequently received contrary instructions. In this regard, the records of BTC shall be presumed to reflect accurately any Oral Instructions given by an Authorized Person or a person reasonably believed by BTC to be an Authorized Person.

Reliance on Certificates and Instructions. The Company Client agrees to furnish to BTC a new Certificate whenever any then Authorized Person ceases to be an Authorized Person or additional Authorized Persons are appointed and authorized. BTC shall be entitled to rely, and shall be fully protected in acting, upon any Certificate, any information contained on any schedule hereto as may be amended in accordance with the terms hereof, and any Written or Oral Instruction actually received by BTC and reasonably believed by BTC to be duly authorized and delivered. The Company Client agrees to forward to BTC Written Instructions confirming Oral Instructions in such manner so that such Written Instructions are received by BTC by the close of business of the same day that such Oral Instructions are given to BTC. The Company Client agrees that the fact that such confirming Written Instructions are not received on a timely basis or that contrary instructions are received by BTC shall in no way affect the validity or enforceability of the transactions authorized by the CompanyClient. BTC shall use reasonable efforts to report any subsequently received contrary instructions. In this regard, the records of BTC shall be presumed to reflect accurately any Oral Instructions given by an Authorized Person or a person reasonably believed by BTC to be an Authorized Person.

Reliance on Certificates and Instructions. The Company Trust agrees to furnish to BTC BGI a new Certificate whenever any then Authorized Person ceases to be an Authorized Person or additional Authorized Persons are appointed and authorized. BTC BGI shall be entitled to rely, and shall be fully protected in acting, upon any Certificate, any information contained on any schedule hereto as may be amended in accordance with the terms hereof, and any Written or Oral Instruction actually received by BTC BGI and reasonably believed by BTC BGI to be duly authorized and delivered. The Company Trust agrees to forward to BTC BGI Written Instructions confirming Oral Instructions in such manner so that such Written Instructions are received by BTC BGI by the close of business of the same day that such Oral Instructions are given to BTCBGI. The Company Trust agrees that the fact that such confirming Written Instructions are not received on a timely basis or that contrary instructions are received by BTC BGI shall in no way affect the validity or enforceability of the transactions authorized by the CompanyTrust. BTC BGI shall use reasonable efforts to report any subsequently received contrary instructions. In this regard, the records of BTC BGI shall be presumed to reflect accurately any Oral Instructions given by an Authorized Person or a person reasonably believed by BTC BGI to be an Authorized Person.

Reliance on Certificates and Instructions. The Company agrees to furnish to BTC BGI a new Certificate whenever any then Authorized Person ceases to be an Authorized Person or additional Authorized Persons are appointed and authorized. BTC BGI shall be entitled to rely, and shall be fully protected in acting, upon any Certificate, any information contained on any schedule hereto as may be amended in accordance with the terms hereof, and any Written or Oral Instruction actually received by BTC BGI and reasonably believed by BTC BGI to be duly authorized and delivered. The Company agrees to forward to BTC BGI Written Instructions confirming Oral Instructions in such manner so that such Written Instructions are received by BTC BGI by the close of business of the same day that such Oral Instructions are given to BTCBGI. The Company agrees that the fact that such confirming Written Instructions are not received on a timely basis or that contrary instructions are received by BTC BGI shall in no way affect the validity or enforceability of the transactions authorized by the Company. BTC BGI shall use reasonable efforts to report any subsequently received contrary instructions. In this regard, the records of BTC BGI shall be presumed to reflect accurately any Oral Instructions given by an Authorized Person or a person reasonably believed by BTC BGI to be an Authorized Person.

Reliance on Certificates and Instructions. The Company Trust agrees to furnish to BTC a new Certificate whenever any then Authorized Person ceases to be an Authorized Person or additional Authorized Persons are appointed and authorized. BTC shall be entitled to rely, and shall be fully protected in acting, upon any Certificate, any information contained on any schedule hereto as may be amended in accordance with the terms hereof, and any Written or Oral Instruction actually received by BTC and reasonably believed by BTC to be duly authorized and delivered. The Company Trust agrees to forward to BTC Written Instructions confirming Oral Instructions in such manner so that such Written Instructions are received by BTC by the close of business of the same day that such Oral Instructions are given to BTC. The Company Trust agrees that the fact that such confirming Written Instructions are not received on a timely basis or that contrary instructions are received by BTC shall in no way affect the validity or enforceability of the transactions authorized by the CompanyTrust. BTC shall use reasonable efforts to report any subsequently received contrary instructions. In this regard, the records of BTC shall be presumed to reflect accurately any Oral Instructions given by an Authorized Person or a person reasonably believed by BTC to be an Authorized Person.