Timely Instructions. The Client acknowledges sole responsibility to instruct InvestDirect on a timely basis and in any event in such time that InvestDirect may complete such instructions as to the sale, close out or exercise of any Option or as to any other action to be taken in connection with such Option. InvestDirect’s office through which the Client may instruct InvestDirect as to Option transactions will be open during local business hours but an order may be executed at any time when the applicable exchange is open for trading.
Timely Instructions. Company, or its Investment Adviser, as the case may be, shall be responsible for ensuring that Custodian receives timely, correct and complete Instructions to enable Custodian to effect settlement of any purchase of Securities or sale of Account Securities on the contract settlement date. If Custodian does not receive such Instructions within a reasonable time prior to the contract settlement date and Custodian notifies Company of the absence of such Instructions, Custodian shall have no liability of any kind to any Person for failing to effect settlement on the contract settlement date.
Timely Instructions. The timeliness of the instructions provided by the Counterparty for purposes of Sections 3.1 and 3.2 shall be determined by ascertaining whether BP was given a commercially reasonable amount of time from BP’s receipt of the nomination and scheduling instructions from the Counterparty prior to the nominating and scheduling deadlines established by the applicable Pipeline.
Timely Instructions. You agree that if you wish to sell, purchase, close out and/or exercise any Option prior to its expiry date, it is your sole responsibility to provide complete instructions to the Firm within the time periods as the Firm may establish from time to time. With respect to expiring Options, you agree to instruct the Firm within the time periods as the Firm may establish from time to time. If you fail to give the Firm timely instructions, the Firm may take any action with respect to an Option that the Firm in its sole discretion determines should be taken. You acknowledge that the Firm has no duty or obligation to take any action with respect to an Option without your specific instructions to that effect. You acknowledge that in the event that you fail to instruct the Firm to sell, close out, exercise or do not exercise an Option on the expiry date within the time periods established by the Firm, and where the Option is one which, in the Firm’s opinion, if sold, closed out or exercised would result in a benefit to you, the Firm is entitled to act in its discretion to sell, close out or exercise such Option for the purpose of obtaining this benefit for you. . For greater certainty, you acknowledge that if you instruct the Firm to not automatically sell an Option on the expiry date, and you do not have sufficient funds in your Account to exercise the Option, the Firm will allow the Option to expire. If, for any reason, an expiring Option is not sold, closed out or exercised on your behalf, the Firm and its affiliates are not liable.
Timely Instructions. You agree that if you wish to sell, purchase, close out and/or exercise any Option prior to its expiry date, it is your sole responsibility to provide complete instructions to the Firm within the time periods as the Firm may establish from time to time. With respect to expiring Options, you agree to instruct the Firm by no later than 3:00 pm Eastern time on the expiry date of the Option or by such other time as the Firm may require. If you fail to give the Firm timely instructions, the Firm may take any action with respect to an Option that the Firm in its sole discretion determines should be taken. You acknowledge that the Firm has no duty or obligation to take any action with respect to an Option without your specific instructions to that effect. You acknowledge that in the event that you fail to instruct the Firm to sell, close out or do not exercise an Option by 3:00 pm Eastern time on the expiry date of the Option, and where the Option is one which, in the Firm’s opinion, if exercised would result in a benefit to you and you have sufficient funds in your Account to exercise the Option, the Firm is entitled to act in its discretion to exercise such Option for the purpose of obtaining this benefit for you. If, for any reason, such Option is not exercised on your behalf, the Firm and its affiliates are not liable.
