Common use of AUTHORIZED PERSONS; INSTRUCTIONS Clause in Contracts

AUTHORIZED PERSONS; INSTRUCTIONS. (a) Custodian may rely on and act in accordance with any notice, confirmation, instruction or other communication which is believed in good faith by Custodian to have been given or signed on behalf of Customer by one of the persons designated by Customer in Schedule B hereto (each such person and any of the persons referred to in Section 12(b) below, an “Authorized Person”), as it may from time to time be revised. Customer may revise Schedule B hereto at any time by notice in writing to Custodian given in accordance with Section 12(d) below, but no revision of Schedule B hereto shall be effective until Custodian acknowledges actual receipt of such notice.

AUTHORIZED PERSONS; INSTRUCTIONS. (a) Custodian may rely on and act in accordance with any notice, confirmation, instruction or other communication which is reasonably believed in good faith by Custodian to have been given or signed on behalf of Customer by one of the persons designated by Customer in Schedule B hereto (each such person and any of the persons referred to in Section 12(b) below, an “Authorized Person”), as it may from time to time be revised. Customer may revise Schedule B hereto at any time by notice in writing to Custodian given in accordance with Section 12(d) below, but no revision of Schedule B hereto shall be effective until Custodian acknowledges actual receipt of such notice.. Negotiated by JG from JPMCB standard form dated Oct. 12, 2009