Oral Instruction definition

Oral Instruction has the meaning ascribed thereto in Section 2.1 hereof.
Oral Instruction means an instruction (i) given to BNYM by voice in person, or in a person-to-person conversation over a telephone connection, by an Authorized Person of the Fund (or by a person reasonably believed by BNYM to be an Authorized Person of the Fund). BNYM may, in its sole discretion in each separate instance, consider and rely upon an instruction it receives from an Authorized Person via electronic mail as an Oral Instruction (unless the electronic mail satisfies the criteria, in the definition of Written Instruction, to constitute a Written Instruction, in which case it will constitute a Written Instruction).
Oral Instruction means an instruction received by DTI from an Authorized Person (or a person reasonably believed by DTI to be an Authorized Person) that is not a Written Instruction.

Examples of Oral Instruction in a sentence

  • Further, the Custodian shall not be liable for the validity or invalidity or authority or lack thereof of any Oral Instruction or Written Instruction delivered in accordance with Section 2.3(b) hereof.

  • PFPC may assume that any Oral Instruction or Written Instruction received hereunder is not in any way inconsistent with the provisions of organizational documents or this Agreement or of any vote, resolution or proceeding of the Fund's Board of Trustees or of the Fund's shareholders, unless and until PFPC receives Written Instructions to the contrary.

  • An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing.

  • Notwithstanding the foregoing, Customer agrees that the fact that such written confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) BNY Mellon’s reliance on such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon.

  • PFPC may assume that any Oral Instruction or Written Instruction received hereunder is not in any way inconsistent with the provisions of organizational documents or this Agreement or of any vote, resolution or proceeding of the Fund's Board of Directors or of the Fund's shareholders, unless and until PFPC receives Written Instructions to the contrary.


More Definitions of Oral Instruction

Oral Instruction will mean an authorization, instruction, approval, item or set of data, or information of any kind transmitted to M3Sixty in person or by telephone, telegram, telecopy or other mechanical or documentary means lacking original signature, by a person or persons reasonably identified to M3Sixty to be a person or persons so authorized by a resolution of the Board of Trustees of the Trust to give Oral Instructions to M3Sixty on behalf of the Trust.
Oral Instruction will mean an authorization, instruction, approval, item or set of data, or information of any kind transmitted to Declaration in person or by telephone, telegram, telecopy or other mechanical or documentary means lacking original signature, by a person or persons reasonably identified to Declaration to be a person or persons so authorized by a resolution of the Board of Directors of the Fund to give Oral Instructions to Declaration on behalf of the Fund.
Oral Instruction. The term Oral Instruction shall mean an authorization, instruction approval, item or set of data, or information of any kind transmitted to the Company in person or by telegram, telecopy or other mechanical or documentary means lacking original signature, by a person or persons believed in good faith by the Company to be a person or persons authorized by a resolution of the Board of Directors of the Fund to give Oral Instructions on behalf of the Fund.
Oral Instruction means oral instructions actually received by Chancellor LGT from an Authorized Person or from a person reasonably believed by Chancellor LGT to be an Authorized Person, provided that, any Oral Instruction shall be promptly confirmed by Written Instructions.
Oral Instruction means oral instructions actually received by INVESCO (NY) from an Authorized Person or from a person reasonably believed by INVESCO (NY) to be an Authorized Person, provided that, any Oral Instruction shall be promptly confirmed by Written Instructions.
Oral Instruction. The term Oral Instruction shall mean an authorization, instruction, approval, item or set of data, or information of any kind transmitted to FFC in person or by telephone, vocal telegram or other electronic means, by a person or persons reasonably believed in good faith by FFC to be a person or persons authorized by a resolution of the Board of Trustees of the Fund to give Oral Instructions on behalf of the Fund. Each Oral Instruction shall specify whether it is applicable to all of the Fund or to a specific Series or Class.
Oral Instruction means oral instructions actually received by AIM from an Authorized Person or from a person reasonably believed by AIM to be an Authorized Person, provided that, any Oral Instruction shall be promptly confirmed by Written Instructions.