Unclear or Ambiguous Instructions. If, in the Custodian’s opinion, any instructions are unclear or ambiguous, the Custodian shall use reasonable endeavours (taking into account any relevant time constraints) to obtain clarification of those instructions from the Trustee and, failing that, the Custodian may in its absolute discretion and without any liability on its part, act upon what the Custodian believes in good faith such instructions to be or refuse to take any action or execute such instructions until any ambiguity or conflict has been resolved to the Custodian’s satisfaction.
Appears in 37 contracts
Samples: Allocated Account Agreement, Agreement, Allocated Account Agreement
Unclear or Ambiguous Instructions. If, in the Custodian’s opinion, any instructions are unclear or ambiguous, the Custodian shall use reasonable endeavours (taking into account any relevant time constraints) to obtain clarification of those instructions from the Trustee and, failing that, the Custodian may in its absolute discretion and without any liability on its part, act upon what the Custodian believes in good faith such instructions to be or refuse to take any action or execute such instructions until any ambiguity or conflict has been resolved to the Custodian’s reasonable satisfaction.
Appears in 13 contracts
Samples: Unallocated Platinum Account Agreement, Allocated Gold Account Agreement, Allocated Platinum Account Agreement (GraniteShares Platinum Trust)
Unclear or Ambiguous Instructions. If, in the Custodian’s opinion, any instructions are unclear or ambiguous, the Custodian shall use reasonable endeavours endeavors (taking into account any relevant time constraints) to obtain clarification of those instructions from the Trustee and, failing that, the Custodian may in its absolute discretion and without any liability on its part, act upon what the Custodian believes in good faith such instructions to be or refuse to take any action or execute such instructions until any ambiguity or conflict has been resolved to the Custodian’s reasonable satisfaction.
Appears in 11 contracts
Samples: Allocated Account Agreement, Unallocated Account Agreement, Trust Allocated Metal Account Agreement (Perth Mint Physical Gold ETF)
Unclear or Ambiguous Instructions. If, in the Custodian’s opinion, any instructions are unclear or ambiguous, the Custodian shall use reasonable endeavours (taking into account any relevant time constraints) to obtain clarification of those instructions from the Trustee Trust and, failing that, the Custodian may in its absolute discretion and without any liability on its part, act upon what the Custodian believes in good faith such instructions to be or refuse to take any action or execute such instructions until any ambiguity or conflict has been resolved to the Custodian’s reasonable satisfaction.
Appears in 7 contracts
Samples: Unallocated Gold Account Agreement, Allocated Gold Account Agreement (World Gold Trust), Unallocated Gold Account Agreement (World Gold Trust)
Unclear or Ambiguous Instructions. If, in the Custodian’s opinion, any instructions are unclear or ambiguous, the Custodian shall use reasonable endeavours endeavors (taking into account any relevant time constraints) to obtain clarification of those instructions from the Trustee Trust or the Administrator and, failing that, the Custodian may in its absolute discretion and without any liability on its part, act upon what the Custodian believes in good faith such instructions to be or refuse to take any action or execute such instructions until any ambiguity or conflict has been resolved to the Custodian’s reasonable satisfaction.
Appears in 2 contracts
Samples: Allocated Gold Account Agreement (World Gold Trust), Unallocated Gold Account Agreement (World Gold Trust)
Unclear or Ambiguous Instructions. If, in the Custodian’s opinion, any instructions are unclear or ambiguous, the Custodian shall will use reasonable endeavours (taking into account any relevant time constraints) to obtain clarification of those instructions from the Trustee andbut, failing that, the Custodian may in its absolute discretion and without any liability on its the Custodian’s part, act upon what the Custodian believes in good faith such instructions to be or refuse to take any action or execute such instructions until any ambiguity or conflict has been resolved to the Custodian’s reasonable satisfaction.
Appears in 1 contract
Samples: Unallocated Gold Account Agreement (Goldman Sachs Physical Gold ETF)
Unclear or Ambiguous Instructions. If, in the Custodian’s opinion, any instructions are unclear or ambiguous, the Custodian shall will use reasonable endeavours (taking into account any relevant time constraints) to obtain clarification of those instructions from the Trustee andbut, failing that, the Custodian may in its absolute discretion and without any liability on its part, act upon what the Custodian it believes in good faith such instructions to be or refuse to take any action or execute such instructions until any ambiguity or conflict has been resolved to the Custodian’s reasonable satisfaction.
Appears in 1 contract
Samples: Allocated Gold Account Agreement (Goldman Sachs Physical Gold ETF)