Common use of Communication to us Clause in Contracts

Communication to us. (a) Unless otherwise provided in this agreement, all communication, requests and instructions from you must be in writing and in accordance with our prescribed procedure prevailing at that time and may be personally delivered to us; or sent by registered post to us. (b) Notwithstanding the aforesaid, we are entitled in our absolute discretion to rely and act on any communication, requests or instructions which we in our sole discretion believe to have been given, made or authorized by you, whether or not given with your consent or authority and whether it is given or made orally (whether in person or over the telephone and whether or not via TBS); or by facsimile transmission or telex or cable; or by other means of communication; and any act on our part pursuant to such communication, requests or instructions will be binding on you notwithstanding that it may not have been given by you or with your consent or authority. (c) Unless otherwise provided in this agreement, all communication, requests or instructions from you take effect only 1 banking day or such further reasonable time as we may require (whether or not notified to you) after the actual receipt by our relevant officers in charge of the subject matter of such communication, requests or instructions.

Communication to us. (a) Unless otherwise provided in this agreement, all communication, requests and instructions from you must be in writing and in accordance with our prescribed procedure prevailing at that time and may be personally delivered to us; or sent by registered post to us. (b) Notwithstanding the aforesaid, we are entitled in at our absolute discretion to rely and act on any communication, requests or instructions which we in our sole discretion believe to have been given, made or authorized by you, whether or not given with your consent or authority and whether it is given or made orally (whether in person or over the telephone and whether or not via TBS); or by facsimile transmission or telex or cable; or by other means of communication; and any act on our part pursuant to such communication, requests or instructions will be binding on you notwithstanding that it may not have been given by you or with your consent or authority. (c) Unless otherwise provided in this agreement, all communication, requests or instructions from you take effect only 1 banking day or such further reasonable time as we may require (whether or not notified to you) after the actual receipt by our relevant officers in charge of the subject matter of such communication, requests or instructions.