Telephone Instructions. Any verbal instructions given by the Borrower in relation to this Agreement will be at the risk of the Borrower and neither the Agent nor the Lenders will have any liability for any error or omission in such verbal instructions or in the interpretation or execution thereof by the Agent or a Lender, as the case may be, provided the Agent or Lender, as the case may be, acted without gross negligence in the circumstances. The Agent will notify the Borrower of any conflict or inconsistency between any written confirmation of such verbal instructions received from the Borrower and the said verbal advice as soon as practicable after the conflict or inconsistency becomes apparent to the Agent.
Telephone Instructions. Any telephone instructions given by the Borrower in relation to this Agreement shall be at the risk of the Borrower and neither the Agent nor any Lender shall have any liability for any error or omission in such telephone instructions or the interpretation or execution thereof by the Agent, provided the Agent acted without gross negligence in the circumstances. The Agent shall notify the Borrower of any conflict or inconsistency between any written confirmation of such telephone instructions received from the Borrower and the said telephone advice as soon as practicable after the conflict or inconsistency becomes apparent to the Agent.
Telephone Instructions. You are authorized, but are not obliged, to accept and act upon Instructions given through telephone or other means in connection with any service offered by you or for transfer of funds to or from the Account, for any purpose in connection with these Terms. You shall be entitled to rely on any Instructions given by me/us which you reasonably believe to be from a person authorized to act on my/our behalf in connection with the Account. I/We agree to indemnify you and hold you harmless from and against all losses, costs and expenses (including legal costs) reasonably and properly incurred by you in reliance thereupon.
Telephone Instructions. Any verbal instructions given by the Borrower in relation to this Financing Commitment shall be at the risk of the Borrower, and CIBC shall have no liability for any error or omission in such verbal instructions or in the interpretation or execution thereof by CIBC provided CIBC acted without gross negligence in the circumstances.
Telephone Instructions. At our discretion, we may accept or refuse telephonic instructions from you in connection with your account. Our understanding of instructions and our records shall be conclusive evidence of the actual instructions given. We are not required to accept instructions or permit withdrawals by telephone, and this does not constitute an agreement by us to do so. Telephone transactions involving certain accounts are also subject to transaction limitations (See “ACCOUNT LIMITATIONS”).
Telephone Instructions. You are authorised, but are not obliged, to accept and act upon Instructions given through telephone or other means in connection with any service offered by you or for transfer of funds to or from the Account, for any purpose in connection with these Terms. Any Instructions given by me/us in connection with the Account or these Terms or any Additional Terms shall be deemed to be proper, valid and binding Instructions from me/us if given by any ONE person quoting such information about the Account to which the Instruction relates as may be required by you.
Telephone Instructions. You may give instructions about your account(s) by telephone to ATBSI, provided your instructions are consistent with the terms and conditions of your account(s) and your identity can be verified to our satisfaction. You consent to the recording of any telephone instructions provided to ATBSI, to ensure accuracy of instructions and quality of service. We maintain the right to refuse any instructions if your identity cannot be confirmed or if the accuracy of the instructions cannot be established or understood to our satisfaction.
Telephone Instructions. Any verbal instructions given by the Borrower in relation to this Agreement will be at the risk of the Borrower and neither the Agent nor the Lenders will have any liability for any error or omission in such verbal instructions or in the interpretation or execution thereof by the Agent or a Lender, as the case may be, provided the Agent or Lender, as the case may be, acted without gross negligence in the circumstances (unless determined otherwise in the final non-appealable judgment of a court of competent jurisdiction). The Agent will notify the Borrower of any conflict or inconsistency between any written confirmation of such verbal instructions received from the Borrower and the said verbal advice as soon as practicable after the conflict or inconsistency becomes apparent to the Agent.
Telephone Instructions. The Borrower shall indemnify the Lender for any loss or expense suffered or incurred by the Lender as a consequence of the Lender acting in accordance with prudent banking standards upon instructions given or agreements made over the telephone or by electronic transmission of any type with Persons who the Lender, acting reasonably, believes to have been acting on the Borrower's behalf and who have been identified in writing by the Borrower as Persons authorized to give such instructions, provided this indemnity shall not apply to losses or expenses incurred or suffered by the Lender as a result of its own gross negligence or wilful misconduct.
Telephone Instructions. The Service Provider recognizes that certain Transactions may stand ‘rejected’ solely by reason of (i) the Client not having sufficient time to provide Instructions with regard to Transactions executed shortly prior to close of trading hours; or (ii) modes for provision of Instructions being unavailable to the Client due to circumstances outside the Client’s reasonable control. Telephone Instructions are permissible, in accordance with the terms of the Indemnity-cum- Undertaking, in such circumstances to mitigate settlement default. The process for acceptance of Telephone Instructions shall be as follows: ➢ The Service Provider will assign a test word, and the Service Provider and the Client will specify certain Telephone numbers from and to which calls will be made for receipt of Telephone Instructions. ➢ In the circumstances listed in (i) and (ii) of the first para above, for any Transactions sighted by the Service Provider based on data received from NSCCL/NSEIL and/ or MCX-SX/ MCX-SX CCL that are neither ‘confirmed’ nor ‘rejected’, the Service Provider will call the Client on its specified Telephone number from the Service Provider’s specified Telephone number, and seek identification by requesting the Client to state the assigned code word. ➢ Upon verification of the test word, the Client will call out, inter alia, the following Transaction details, which the Service Provider shall verify against the data sighted by it as received from NSCCL/NSEIL and/ or MCX-SX/ MCX- SX CCL, (i) Transaction date, (ii) participant code, (iii) buy/sell, (iv) Authorised Broker, (v) instrument type, (vi) underlying symbol, (vii) expiry date, (viii) strike price, (ix) option type, (x) Transaction quantity, (xi) Transaction price (upto 4 decimals), and/or such other information as the Service Provider may deem relevant, from time to time. The Client shall then ‘confirm’ or ‘reject’ each Transaction. FAX Indemnity Non Mandatory Date: Citibank, N.A. Dear Sirs, Re: Requests by Facsimile
