Examples of Oral Instructions in a sentence
Promptly after each purchase or sale of Securities by the Fund, the Fund shall deliver to Custodian a Certificate or Instructions, or with respect to a purchase or sale of a Security generally required to be settled on the same day the purchase or sale is made, Oral Instructions specifying all information Custodian may reasonably request to settle such purchase or sale.
Until such new Certificate is received, Custodian shall be fully protected in acting upon Certificates or Oral Instructions of such present Authorized Persons.
If UBSTC is in doubt as to any action it should or should not take, UBSTC will request directions or advice, including Oral Instructions or Written Instructions, from the Fund.
In the event of a conflict between the directions, advice, Oral Instructions, or Written Instructions that UBSTC receives from the Fund and the advice it receives from counsel, UBSTC may rely upon and follow the advice of counsel.
The Fund agrees to provide UBSTC Written Instructions confirming Oral Instructions so that UBSTC receives the Written Instructions by the close of business on the business day immediately following the day such Oral Instructions are received.