Common use of Confirmation of Oral Instructions/ Security Devices Clause in Contracts

Confirmation of Oral Instructions/ Security Devices. Any Instructions delivered to Bank by telephone shall promptly thereafter be confirmed in writing by an Authorized Person. Each confirmation is to be clearly marked "Confirmation." Bank shall not be liable for having followed such Instructions notwithstanding the failure of an Authorized Person to send such confirmation in writing or the failure of such confirmation to conform to the telephone Instructions received. Bank shall notify Customer as soon as reasonably practicable if Bank does not receive a written confirmation or if such written confirmation fails to conform to the telephone Instructions received. Either party may record any of their telephonic communications. Customer shall comply with any security procedures reasonably required by Bank from time to time with respect to verification of Instructions. Customer shall be responsible for safeguarding any test keys, identification codes or other security devices that Bank shall make available to Customer or any Authorized Person.

Appears in 10 contracts

Samples: Global Custody Agreement, Country Sub (Vanguard Wellington Fund), Country Sub (Vanguard Wellesley Income Fund)

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Confirmation of Oral Instructions/ Security Devices. Any Instructions delivered to Bank by telephone shall will promptly thereafter be confirmed in writing by an Authorized Person. Each confirmation is to be clearly marked "Confirmation." ”. Bank shall will not be liable for having followed such Instructions notwithstanding the failure of an Authorized Person to send such confirmation in writing or the failure of such confirmation to conform to the telephone Instructions received. Bank shall will notify Customer as soon as reasonably practicable if Bank does not receive a written confirmation or if such written confirmation fails to conform to the telephone Instructions received. Either party may record any of their telephonic communications. Customer shall will comply with any security procedures reasonably required by Bank from time to time with respect to verification of Instructions. Customer shall will be responsible for safeguarding any test keys, identification codes or other security devices that Bank shall will make available to Customer or any Authorized Person.

Appears in 3 contracts

Samples: Domestic Custody Agreement (Equitrust Series Fund Inc), Domestic Custody Agreement (Equitrust Variable Insurance Series Fund), Domestic Custody Agreement (Equitrust Money Market Fund Inc)

Confirmation of Oral Instructions/ Security Devices. Any Instructions delivered to Bank by telephone shall will promptly thereafter be confirmed in writing writing, including through an electronic mail message, by an Authorized Person. Each confirmation is to be clearly marked "Confirmation." ”. Bank shall will not be liable for having followed such Instructions notwithstanding the failure of an Authorized Person to send such confirmation in writing or the failure of such confirmation to conform to the telephone Instructions received. Bank shall notify Customer as soon as reasonably practicable if Bank does not receive a written confirmation or if such written confirmation fails to conform to the telephone Instructions received. Either party may record any of their telephonic communications. Customer shall will comply with any security procedures reasonably required by Bank from time to time with respect to verification of Instructions. Customer shall will be responsible for safeguarding any test keys, identification codes or other security devices that Bank shall will make available to Customer or any Authorized Person.

Appears in 2 contracts

Samples: Domestic Custody Agreement (Proshares Trust), Domestic Custody Agreement (Proshares Trust)

Confirmation of Oral Instructions/ Security Devices. Any Instructions delivered to Bank by telephone shall will promptly thereafter be confirmed in writing by an Authorized Person. Each confirmation is to be clearly marked "Confirmation." Bank shall will not be liable for having followed such telephonic Instructions notwithstanding the failure of an Authorized Person to send such confirmation in writing or the failure of such confirmation to conform to the telephone Instructions received. , provided that Bank shall have exercised reasonable care in following such Instructions. In the event of a discrepancy between Instructions and a subsequent confirmation, Bank will promptly notify Customer as soon as reasonably practicable if Bank does not receive a written confirmation or if of such written confirmation fails to conform to the telephone Instructions receiveddiscrepancy. Either party may record any of their telephonic communications. Customer shall will comply with any security procedures reasonably required by Bank from time to time with respect to verification of Instructions. Customer shall will be responsible for safeguarding any test keys, identification codes or other security devices that Bank shall will make available to Customer or any Authorized Person.

Appears in 2 contracts

Samples: Global Custody Agreement (Massmutual Select Funds), Global Custody Agreement (Massmutual Select Funds)

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Confirmation of Oral Instructions/ Security Devices. Any Instructions delivered to Bank by telephone shall promptly thereafter be confirmed in writing by an Authorized Person. Each confirmation is to be clearly marked "Confirmation." Bank shall not be liable for having followed such Instructions notwithstanding the failure of an Authorized Person to send such confirmation in writing or the failure of such confirmation to conform to the telephone Instructions received. , as long as Bank shall notify Customer as soon as reasonably practicable if Bank does not receive a written confirmation or if exercised reasonable care and believed in good faith that such written confirmation fails to conform to the telephone Instructions receivedcame from an Authorized Person. Either party may record any of their telephonic communications. Customer shall comply with any commercially reasonable security procedures reasonably required by Bank from time to time with respect to verification of Instructions. Customer shall be responsible for safeguarding any test keys, identification codes or other security devices that Bank shall make available to Customer or any Authorized Person.

Appears in 1 contract

Samples: Global Custody Agreement (Apollo Investment Corp)

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