Common use of Authenticated Electronic Instruction Clause in Contracts

Authenticated Electronic Instruction. Funds transfer instructions received by Bank via secured electronic systems, e.g., Telex, Swift, etc. carry the same force as if Client or the Authorized Representative gave such instruction directly.

Appears in 4 contracts

Sources: Custody Agreement (Venture Lending & Leasing VI, Inc.), Custody Agreement (Venture Lending & Leasing Iv Inc), Custody Agreement (Venture Lending & Leasing V, Inc.)