Authorized Instruction definition

Authorized Instruction means a written, oral or electronic communication accepted by Custodian in good faith that has been transmitted subject to, and in accordance with, the Security Procedures or by such other method as may be acceptable to, and approved in writing by, each of Custodian and Client.
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Authorized Instruction means any instruction, order or request received by RBCIS from an Authorized Person (including but not limited to a Standing Mandate Trade Instruction);
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Authorized Instruction means a direction and instruction from an Authorized Party to the FOUNDATION with respect to the investment or withdrawal of funds comprising the Investor’s Custodial Account;
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Examples of Authorized Instruction in a sentence

  • The Custodian shall not be required to follow any Authorized Instruction that would violate any applicable law, decree, regulation or order of any government or governmental body (including any court or tribunal) or that would be contrary to any provision of this Agreement.

  • Upon the receipt of Authorized Instructions from the Client, the Custodian shall establish and maintain one or more segregated accounts for purposes of segregating securities or cash for the purpose or purposes specified in the applicable Authorized Instruction.

  • So long as and to the extent that it is exercising reasonable care, prudence, and diligence, the Custodian shall not be responsible for the title, validity or genuineness of any property or evidence of title thereto received by it or delivered by it pursuant to this Agreement and shall be held harmless in acting upon any Authorized Instruction reasonably believed by it to be genuine and delivered by an Authorized Party.

  • Securities or Cash so delivered shall be held and disposed of pursuant to the provisions of this Agreement or an Authorized Instruction or may be continued to be held until the names of such persons are delivered to the Custodian.

  • For greater certainty, RBCIS is not obligated to act upon any Authorized Instruction and, notwithstanding any provision herein to the contrary, shall have the sole discretion to act upon the Authorized Instructions.

  • Notwithstanding the foregoing, an Authorized Instruction to cancel, revoke, amend or otherwise supersede a prior Authorized Instruction may be ineffective should RBCIS already have acted, in any way, on such previous Authorized Instruction.

  • The Customer understands that it may revoke this standing Authorized Instruction (which revocation shall be made in writing) without affecting its overall Standing Mandate Trading Instruction.

  • Execution of this Agreement by the Client shall be deemed to be an Authorized Instruction to open an account, or to place or maintain Foreign Assets, in each country listed on Appendix A.

  • In this regard, the Customer authorizes and instructs XXXXX (as a standing Authorized Instruction hereunder) to hold execution (where appropriate) and to execute all securities related FX Transactions instructed by the Customer under a Standing Mandate Trading Instruction as Spot FX Transactions (as defined herein).

  • If any Authorized Instruction is given to the Custodian orally, then the Custodian's record of such instruction shall constitute conclusive evidence of the contents of such instruction, notwithstanding any conflicting written confirmation or record of such instruction provided by the Client.


More Definitions of Authorized Instruction

Authorized Instruction or "Authorized Instructions" means a written or oral request or direction by the Trust, pursuant to and consistent with this Agreement, made by any one or more Authorized Persons. Unless a Written Instruction is required by this Agreement or any other agreement between the parties, an Authorized Instruction may be oral, but only if the Custodian reasonably and in good faith believes that the oral instruction has been given by an Authorized Person. Any Officers' Certificate also constitutes an Authorized Instruction.
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Authorized Instruction means (i) a request, direction, notice or certification from any Authorized Person to the Bank in writing or via telephone, TWX, facsimile transmission, bank wire, the Bank's Securities InfoCash or Customer Data Entry System or other teleprocess or electronic instruction system acceptable to the Bank which the Bank believes in good faith to have been given by an Authorized Person or which is transmitted with proper testing or authentication pursuant to terms and conditions which the Bank may specify or (ii) a DTC Instruction (as defined in paragraph D of this Section 1). An Authorized Instruction given by telephone shall be confirmed by an Authorized Person within twenty four hours thereafter in writing or by facsimile transmission. However, the Bank shall not be liable for the failure of an Authorized Person to send such confirmation. Unless otherwise expressly provided, an Authorized Instruction shall continue in full force and effect until cancelled or superseded by a subsequent Authorized Instruction received by the Bank. If the Bank requires test arrangements, authentication methods or other security devices to be used with respect to an Authorized Instruction, any Authorized Instruction given by the Trust thereafter shall be given and processed in accordance with such terms and conditions for the use of such arrangements, methods or devices as the Bank may put into effect and modify from time to time. The Trust shall safeguard any testkeys, identification codes or other security devices which the Bank shall make available to it and shall hold the Bank harmless from any loss incurred by the Trust except to the extent that such loss resulted from negligent action, negligent failure to act or willful misconduct of the Bank or any of its nominees, agents or subcustodians in allowing the use of such security device by an unauthorized person. The Bank may electronically record any telephone discussions with respect to the securities and cash held pursuant to this Agreement.
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Authorized Instruction means (i) a written, oral or electronic communication accepted by the Custodian in good faith that has been transmitted subject to the Security Procedures agreed upon in writing by the Custodian and the Client or (ii) any other written, oral or electronic communication that the Custodian believes in good faith to have been given by an Authorized Person. "Authorized Persons" means those individuals who have been designated by or duly authorized by the Client pursuant to necessary corporate or other action (which shall be evidenced by appropriate documentation delivered to the Custodian) to act on behalf of the Client in connection with this Agreement. Such persons shall continue to be Authorized Persons until such time as the Client has delivered to the Custodian appropriate documents revoking the authority of such persons. "Cash" has the meaning set forth in Section 5. "Cash Account" means a current account (which may be divided into a number of subaccounts, denominated in U.S. dollars, Belgian francs or any other currency or Composite Currency Unit acceptable to the Custodian) opened by the Custodian on its books in the name of the Client. "Communication Products" has the meaning set forth in Section 28. "Composite Currency Units" means the European Currency Unit ("ECU"), the Special Drawing Right ("SDR") or another composite unit consisting of the aggregate of specified amounts of specified currencies, as such ECU, SDR or other unit may be constituted from time to time. "Morgan Affiliate" means any office or brxxxx xf Morgan Guaranty Trust Company of New Xxxx ("Morgan") and any other entity that dixxxxxx, or indirectly through one or more intermediaries, controls Morgan or that is controlled by or is xxxxx common control with Morgan. "Securities Account" meanx xxx securities account opened by the Custodian on its books in the name of the Client. "Securities Depository" means any securities depository, bookentry system or clearing system used by the Custodian from time to time in accordance with Section 4(e) hereof. "Security" means any share, stock, bond, debenture, note, certificate of indebtedness, warrant or other security or financial instrument acceptable to the Custodian (whether represented by a certificate or by a book-entry on the records of the issuer or other entity responsible for recording such book- entries) that is from time to time held for the account of the Client directly, or indirectly through a Subcustodian or Securities Depository, ...
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Authorized Instruction means a message or instruction (which may be in electronic form), in the prescribed format, containing the information and meeting the other requirements specified by Citcon from time to time, from Merchant to Citcon requesting Citcon to execute an Outward Payment.
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Authorized Instruction means the set of API parameters provided by Xxxxx to Customers using their mobile app rather than Xxxxx’ white-labelled mobile app to connect to the SaaS cloud platform and Xxxxx System.
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Related to Authorized Instruction

  • Authorized insurer means, in the case of an interstate motor carrier whose operations may or may

  • Direct instruction means any instruction given by the person required to provide the notification or any person controlled by that person within the meaning of Article L. 233-3 of the Commercial Code, stipulating how the management company or the investment service provider should exercise the voting rights under given circumstances;

  • Specially designed instruction means adapting, as appropriate to the needs of an eligible child under this chapter, the content, methodology, or delivery of instruction:

  • Authorized inspector means inspectors employed by the authorities responsible for boarding and inspection included in the Commission register and authorized to conduct boarding and inspection activities pursuant to these procedures;

  • Synchronous instruction means instruction where students engage in learning in the direct presence (remote or in-person) of a teacher in real time.

  • Indirect instruction means any general or specific instruction given in any form by the person required to provide the notification or any person controlled by that person within the meaning of Article L. 233-3 of the Commercial Code that limits the discretion of the management company or the investment service provider in the exercise of the voting rights in order to serve the commercial interests of the person required to provide the notification or the controlled person.

  • Instruction means a notification communicated to the issuer of an uncertificated security which directs that the transfer of the security be registered or that the security be redeemed.

  • Authorized Investment means any type of instrument, security, participation or other property in which Cash Collateral may be invested or reinvested, as described in Section 5(f) hereof and Appendix 4 hereto (and as such Appendix may be amended from time to time by written agreement of the parties).

  • Authorized Driver means (A) the renter, (B) the renter’s