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. (b) It is understood that the Trustee and the beneficiary's bank in any funds transfer may rely solely upon any account numbers or similar identifying number provided by either of the other parties hereto to identify (i) the beneficiary, (ii) the beneficiary's bank, or (iii) an order it executes using any such identifying number, even where its use may result in a person other than the beneficiary being paid, or the transfer of funds to a bank other than the beneficiary's bank or an intermediary bank designated. (c) All money held by the Trustee in any of the accounts or funds established pursuant hereto shall be invested in Marketable U.S. Securities upon receipt of a Company Request. In the absence of such Company Request, the Trustee shall invest in those items described in clause (vi) of the definition of Marketable U.S.