Oral Instruction definition

Oral Instruction has the meaning ascribed thereto in Section 2.1 hereof.
Oral Instruction means an instruction (i) given to BNYM by voice in person, or in a person-to-person conversation over a telephone connection, by an Authorized Person of the Fund (or by a person reasonably believed by BNYM to be an Authorized Person of the Fund). BNYM may, in its sole discretion in each separate instance, consider and rely upon an instruction it receives from an Authorized Person via electronic mail as an Oral Instruction (unless the electronic mail satisfies the criteria, in the definition of Written Instruction, to constitute a Written Instruction, in which case it will constitute a Written Instruction).
Oral Instruction will mean an authorization, instruction, approval, item or set of data, or information of any kind transmitted to M3Sixty in person or by telephone, telegram, telecopy or other mechanical or documentary means lacking original signature, by a person or persons reasonably identified to M3Sixty to be a person or persons so authorized by a resolution of the Board of Trustees of the Trust to give Oral Instructions to M3Sixty on behalf of the Trust.

Examples of Oral Instruction in a sentence

  • Each Oral Instruction shall specify whether it is applicable to the entire Fund or a specific Series of the Fund.

  • BTC shall be entitled to rely, and shall be fully protected in acting, upon any Certificate, any information contained on any schedule hereto as may be amended in accordance with the terms hereof, and any Written or Oral Instruction actually received by BTC and reasonably believed by BTC to be duly authorized and delivered.

  • For all purposes under this Agreement, the Custodian is authorized to act upon receipt of the first of any Written or Oral Instruction it receives.

  • The Bank shall be entitled to rely upon any Certificate, any information contained on any Schedule hereto as may be amended in accordance with the terms hereof, and Written or Oral Instruction actually received by the Bank and reasonably believed by the Bank to be duly authorized and delivered.

  • Upon Written or Oral Instruction, the Custodian may pay any such tax, assessment or charge and reimburse itself out of the monies of the Fund or the Securities held hereunder.


More Definitions of Oral Instruction

Oral Instruction means an instruction received by DTI from an Authorized Person (or a person reasonably believed by DTI to be an Authorized Person) that is not a Written Instruction.
Oral Instruction. The term Oral Instruction shall mean an authorization, instruction approval, item or set of data, or information of any kind transmitted to the Company in person or by telegram, telecopy or other mechanical or documentary means lacking original signature, by a person or persons believed in good faith by the Company to be a person or persons authorized by a resolution of the Board of Directors of the Fund to give Oral Instructions on behalf of the Fund.
Oral Instruction means oral instructions actually received by Chancellor LGT from an Authorized Person or from a person reasonably believed by Chancellor LGT to be an Authorized Person, provided that, any Oral Instruction shall be promptly confirmed by Written Instructions.
Oral Instruction means oral instructions actually received by INVESCO (NY) from an Authorized Person or from a person reasonably believed by INVESCO (NY) to be an Authorized Person, provided that, any Oral Instruction shall be promptly confirmed by Written Instructions.
Oral Instruction. The term Oral Instruction shall mean an authorization, instruction, approval, item or set of data, or information of any kind transmitted to FFC in person or by telephone, vocal telegram or other electronic means, by a person or persons reasonably believed in good faith by FFC to be a person or persons authorized by a resolution of the Board of Trustees of the Fund to give Oral Instructions on behalf of the Fund. Each Oral Instruction shall specify whether it is applicable to all of the Fund or to a specific Series or Class.
Oral Instruction means oral instructions actually received by AIM from an Authorized Person or from a person reasonably believed by AIM to be an Authorized Person, provided that, any Oral Instruction shall be promptly confirmed by Written Instructions.
Oral Instruction will mean an authorization, instruction, approval, item or set of data, or information of any kind transmitted to InCap in person or by telephone, telegram, telecopy or other mechanical or documentary means lacking original signature, by a person or persons reasonably identified to InCap to be a person or persons so authorized by a resolution of the Board of Trustees of the Fund to give Oral Instructions to InCap on behalf of the Fund.