Common use of Oral Instructions Clause in Contracts

Oral Instructions. The Custodian, in its discretion, may accept oral Instructions from the any Authorized Party with respect to (i) Corporate Actions (as defined under Section 7.h. below) and (ii) adjustments or corrections to purchase and sale transaction Instructions previously received by the Custodian, in either case, for the Account(s). In the event that Custodian accepts oral Instructions from any Authorized Party, the Custodian shall call an Authorized Party, other than the party issuing said Instructions, to confirm such Instructions prior to taking any action in accordance with any such oral Instructions.

Appears in 7 contracts

Samples: Custody Agreement (Voyageur Tax Free Funds), Custody Agreement (Voyageur Insured Funds), Custody Agreement (Voyageur Mutual Funds)

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Oral Instructions. The Custodian, in its discretion, may accept oral Instructions from the any Authorized Party with respect to (i) Corporate Actions (as defined under Section 7.h. below) and (ii) adjustments or corrections to purchase and sale transaction Instructions previously received by the Custodian, in either case, for the Account(s). In the event that the Custodian accepts oral Instructions from any Authorized Party, the Custodian shall call an Authorized Party, other than the party issuing said Instructions, to confirm such Instructions prior to taking any action in accordance with any such oral Instructions.

Appears in 1 contract

Samples: Custody Agreement (Voyageur Mutual Funds)

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Oral Instructions. The Custodian, in its discretion, may accept oral Oral ----------------- Instructions from the any Authorized Party with respect to (i) Corporate Actions (as defined under Section 7.h7.i. below) and (ii) adjustments or corrections to Authorized Instructions for purchase and sale transaction Instructions transactions previously received by the Custodian, in either case, for the Account(s)Account. In the event that the Custodian accepts oral Oral Instructions from any Authorized Party, the Custodian shall call back an Authorized Party, other than the party Party issuing said Instructions, such Instructions to confirm such Instructions prior to taking any action in accordance with any such oral Oral Instructions.

Appears in 1 contract

Samples: Custody Agreement (Lincoln National Variable Annuity Fund A)

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