Common use of RELIANCE ON PROPER INSTRUCTIONS Clause in Contracts

RELIANCE ON PROPER INSTRUCTIONS. Zero Hash will be entitled conclusively to rely and act upon Proper Instructions until Zero Hash has received notice of any change from Participant and has had a reasonable time to act thereon. Zero Hash may act on a Proper Instruction if it reasonably believes that it contains sufficient information and may refrain from acting on any Proper Instructions until such time that it has determined, in its sole discretion, that is has received any required clarification or authentication of Proper Instructions. Zero Hash may rely upon and will be protected in acting upon any Proper Instruction believed by it in good faith to be genuine and to have been properly executed by or on behalf of Participant.

Appears in 4 contracts

Samples: Hash LLC Services Agreement, Hash LLC Services Agreement, Hash LLC Services Agreement

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