Reliance Upon Instructions. (a) For all purposes under this Agreement, the Company is authorized to act upon receipt of the first of any Written or Oral Instructions it receives from the Fund or authorized agents of the Fund. In cases where the first instruction is an Oral Instruction that is not in the form of a document or written record, a confirmatory Written Instruction or Oral Instruction in the form of a document or written record shall be delivered, and in cases where the Company receives an Instruction, whether Written or Oral, to enter a portfolio transaction on the records, the Fund shall cause the Broker-Dealer to send a written confirmation to the Company.
Appears in 5 contracts
Samples: Accounting Services Agreement (Ameritor Investment Fund), Accounting Services Agreement (Monument Series Fund Inc), Accounting Services Agreement (Valley Forge Capital Holdings Total Return Fund Inc)
