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.
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);
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;

Examples of Authorized Instruction in a sentence

  • If the Customer subsequently learns of any error in the Authorized Instruction, the Customer must immediately notify Xxxxx in writing.

  • Prior to submitting an Authorized Instruction to Xxxxx, the Customer shall ensure that all information contained in the Authorized Instruction is complete and accurate.

  • The Payment Service Bank and/or Xxxxx may, at its sole discretion, refuse to (a) provide the Payment Service or facilitate the provision of Payment Services, as applicable or (b) act upon any Authorized Instruction received from the Customer without any liability to the Customer.

  • Xxxxx is under no obligation to check the authenticity or accuracy of any Authorized Instruction received from the Customer and shall not be liable for any Losses incurred or suffered by the Customer or any person for complying with such inaccurate Authorized Instruction.

  • Xxxxx and the Payment Service Bank shall not be liable for any Losses incurred or suffered by the Customer or any person as a result of such delay or failure in processing such Authorized Instruction.

  • If the Customer fails to provide a timely, accurate and complete Authorized Instruction Xxxxx and the Payment Service Bank may be unable to process such Authorized Instruction or may have to delay the processing of such Authorized Instruction.


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.
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, ...
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.
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.
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.

Related to Authorized Instruction

  • Proper Instruction means a writing signed or initialed by one or more person or persons as the Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved. Oral instructions will be deemed to be Proper Instructions if (a) FAS reasonably believes them to have been given by a person previously authorized in Proper Instructions to give such instructions with respect to the transaction involved, and (b) the Investment Company, or the Fund, and FAS promptly cause such oral instructions to be confirmed in writing. Proper Instructions may include communications effected directly between electro-mechanical or electronic devices provided that the Investment Company, or the Fund, and FAS are satisfied that such procedures afford adequate safeguards for the Fund's assets. Proper Instructions may only be amended in writing.

  • Proper Instructions means Written Instructions.

  • Dispatch Instruction has the meaning set forth in the CAISO Tariff.

  • Special Instruction Form means a standardized form prescribed by the Management Company to be duly filled by the investor to change his/her particulars and will be stated in this Offering Document.

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

  • Payment Instruction is as defined in Section 36 of the General Terms, and is further defined as the information provided by you to the Service for a bill payment to be made to the Xxxxxx (such as, but not limited to, Xxxxxx name, Xxxxxx account number, and Scheduled Payment Date).

  • 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 any of the following: