Common use of Unclear or Ambiguous Instructions Clause in Contracts

Unclear or Ambiguous Instructions. If, in our opinion, any instructions are unclear or ambiguous, we will use reasonable endeavours (taking into account any relevant time constraints) to obtain clarification of those instructions but, failing that, we may in our absolute discretion and without any liability on our part, act upon what we believe 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 our satisfaction.

Appears in 25 contracts

Samples: Participant Agreement (SPDR Gold Trust), Participant Agreement (SPDR Gold Trust), Participant Agreement (SPDR Gold Trust)

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Unclear or Ambiguous Instructions. If, in our opinion, any instructions are unclear or ambiguous, we will use reasonable endeavours (taking into account any relevant time constraints) to obtain clarification of those instructions from you but, failing that, we may in our absolute discretion and without any liability on our part, act upon what we believe 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 our satisfaction.

Appears in 18 contracts

Samples: Unallocated Precious Metal Account Agreement (SPDR Gold Trust), Allocated Precious Metal Account Agreement (SPDR Gold Trust), Allocated Account Agreement (Abrdn Precious Metals Basket ETF Trust)

Unclear or Ambiguous Instructions. If, in our commercially reasonable opinion, any instructions are unclear or ambiguous, we will shall use reasonable endeavours (taking into account any relevant time constraints) to obtain clarification of those instructions but, failing that, we may in our absolute discretion and without any liability on our part, act upon what we believe 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 our satisfaction.

Appears in 5 contracts

Samples: Agreement (SPDR Gold Trust), Allocated Bullion Account Agreement (SPDR Gold Trust), Agreement (SPDR Gold Trust)

Unclear or Ambiguous Instructions. If, in our opinion, any instructions are unclear or ambiguous, we will shall use reasonable endeavours (taking into account any relevant time constraints) to obtain clarification of those instructions but, failing that, we may in our absolute discretion and without any liability on our part, act upon what we believe 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 our satisfaction.

Appears in 4 contracts

Samples: Agreement (SPDR Gold Trust), Agreement (Equity Gold Trust), Agreement (streetTRACKS GOLD TRUST)

Unclear or Ambiguous Instructions. If, in our commercially reasonable opinion, any instructions are unclear or ambiguous, we will shall use reasonable endeavours efforts (taking into account any relevant time constraints) to obtain clarification of those instructions but, failing that, we may in our absolute discretion and without any liability on our part, act upon what we believe 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 our satisfaction.

Appears in 4 contracts

Samples: Account Agreement (World Currency Gold Trust), Account Agreement (World Currency Gold Trust), Agreement (World Currency Gold Trust)

Unclear or Ambiguous Instructions. If, in our commercially reasonable opinion, any instructions are unclear or ambiguous, we will use reasonable endeavours (taking into account any relevant time constraints) to obtain clarification of those instructions but, failing that, we may in our absolute discretion and without any liability on our part, act upon what we believe 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 our satisfaction.

Appears in 3 contracts

Samples: Unallocated Bullion Account Agreement (SPDR Gold Trust), Agreement (SPDR Gold Trust), Account Agreement (SPDR Gold Trust)

Unclear or Ambiguous Instructions. If, in our opinion, any instructions are unclear or ambiguous, we will use reasonable endeavours (taking into account any relevant time constraints) to obtain clarification of those instructions from you but, failing that, we may in our absolute discretion and without any liability on our part, act upon what we believe in good faith and consistent with the standard of care provided for in this Agreement such instructions to be or refuse to take any action or execute such instructions until any ambiguity or conflict has been resolved to our reasonable satisfaction.

Appears in 2 contracts

Samples: Unallocated Gold Accounts Agreement (Franklin Templeton Holdings Trust), Allocated Gold Accounts Agreement (Franklin Templeton Holdings Trust)

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Unclear or Ambiguous Instructions. If, in our opinion, any instructions are unclear or ambiguous, we will use reasonable endeavours (taking into account any relevant time constraints) to obtain clarification of those instructions from you or the Administrator, as applicable, but, failing that, we may in our absolute discretion and without any liability on our part, act upon what we believe 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 our satisfaction.

Appears in 2 contracts

Samples: Allocated Precious Metal Account Agreement (World Gold Trust), Unallocated Precious Metal Account Agreement (World Gold Trust)

Unclear or Ambiguous Instructions. If, in our opinion, any instructions are unclear or ambiguous, we will shall use reasonable endeavours endeavors (taking into account any relevant time constraints) to obtain clarification of those instructions but, failing that, we may in our absolute discretion and without any liability on our part, act upon what we believe 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 our satisfaction.

Appears in 1 contract

Samples: Depository Agreement (Jackson Variable Series Trust)

Unclear or Ambiguous Instructions. If, If in our commercially reasonable opinion, any instructions are unclear or ambiguous, we will use reasonable endeavours (taking into account any relevant time constraints) to obtain clarification of those instructions but, failing that, we may in our absolute discretion and without any liability on our the Trust’s part, act upon what we believe 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 our satisfaction.

Appears in 1 contract

Samples: Agreement (Global Currency Gold Trust)

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