Common use of Wire Transfers and Investments Clause in Contracts

Wire Transfers and Investments. (a) The Trustee shall be authorized to seek confirmation of fund transfer instructions by telephone call-back to the person or persons designated on Exhibit E hereto, and the Trustee may rely upon the confirmations of any one purporting to be the person or persons so designated. The persons and telephone numbers for call-backs may be changed only in a writing actually received and acknowledged by the Trustee. The parties to this Indenture acknowledge that such security procedure is commercially reasonable.

Appears in 7 contracts

Samples: Indenture and Assumption Agreement (Centennial Cellular Corp), Indenture (Pricellular Corp), Centennial Communications Corp /De

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