Common use of Proper Instructions and Special Instructions Clause in Contracts

Proper Instructions and Special Instructions. Proper Instructions," as such term is used throughout this Agreement, means a writing signed or initialed by one or more person or persons as the applicable Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved. Oral instructions will be considered Proper Instructions if the Custodian reasonably believes them to have been given by a person authorized to give such instructions with respect to the transaction

Appears in 15 contracts

Samples: Master Custodian Agreement (Smith Barney Massachusetts Municipals Fund), Master Custodian Agreement (Smith Barney Funds Inc), Master Custodian Agreement (Salomon Brothers Opportunity Fund Inc)

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Proper Instructions and Special Instructions. Proper Instructions," as such term is used throughout this Agreement, means a writing signed or initialed by one or more person or persons as the applicable Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved. Oral instructions will be considered Proper Instructions if the Custodian reasonably believes them to have been given by a person authorized to give such instructions with respect to the transaction

Appears in 1 contract

Samples: Master Custodian Agreement (Smith Barney Small Cap Core Fund Inc)

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Proper Instructions and Special Instructions. Proper InstructionsPROPER INSTRUCTIONS," as such term is used throughout this Agreement, means a writing signed or initialed by one or more person or persons as the applicable Board shall have from time to time authorized. Each such writing shall set forth the specific transaction or type of transaction involved. Oral instructions will be considered Proper Instructions if the Custodian reasonably believes them to have been given by a person authorized to give such instructions with respect to the transaction

Appears in 1 contract

Samples: Master Custodian Agreement (Smith Barney Municipal Money Market Fund Inc)

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