Common use of Reliance on Electronic Instructions Clause in Contracts

Reliance on Electronic Instructions. If the Trust has the ability to originate electronic instructions to Forum in order to (i) effect the transfer or movement of cash or Shares or (ii) transmit Shareholder information or other information, then in such event Forum shall be entitled to rely on the validity and authenticity of such instruction without undertaking any further inquiry as long as such instruction is undertaken in conformity with security procedures established by Forum from time to time.

Appears in 20 contracts

Samples: Administration Agreement (Forum Funds), Administration Agreement (Forum Funds), Agreement (Forum Funds)

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Reliance on Electronic Instructions. If the Trust has the ability to originate electronic instructions to Forum in order to to: (i) effect the transfer or movement of cash or Shares Shares; or (ii) transmit Shareholder information or other information, then in such event Forum shall be entitled to rely on the validity and authenticity of such instruction without undertaking any further inquiry as long as such instruction is undertaken in conformity with security procedures established by Forum from time to time.

Appears in 1 contract

Samples: Services Agreement (Schroder Capital Funds /Delaware/)

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