Common use of Telephone Directions Clause in Contracts

Telephone Directions. With respect to telephone directions, the Manager shall endeavor to forward directions (other than by telephone) confirming such telephone directions on the same day that such verbal directions are given to the Trustee. The fact that such confirming directions are not received or that contrary directions are received by the Trustee shall in no way affect the validity of transactions effected by the Trustee on the basis of the telephone directions.

Appears in 11 contracts

Samples: Trust Agreement (Sprott Physical Silver Trust), Trust Agreement (Sprott Physical Gold Trust), Trust Agreement (Sprott Physical Gold & Silver Trust)

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Telephone Directions. With respect to telephone directionsDirections, the Manager shall endeavor to forward directions (other than by telephone) written Directions confirming such telephone directions Directions on the same day that such verbal directions Directions are given to the Trustee. The fact that such confirming directions written Directions are not received or that contrary directions Directions are received by the Trustee shall in no way affect the validity of any transactions effected by the Trustee on the basis of the telephone directionsDirections.

Appears in 6 contracts

Samples: Master Trust Agreement, Master Trust Agreement, Master Trust Agreement

Telephone Directions. With respect to telephone directionsDirections, the Manager shall endeavor to forward directions Directions (other than by telephone) confirming such telephone directions Directions on the same day that such verbal directions Directions are given to the TrusteeValuation Agent. The fact that such confirming directions Directions are not received or that contrary directions Directions are received by the Trustee Valuation Agent shall in no way affect the validity of transactions effected by the Trustee Valuation Agent on the basis of the telephone directionsDirections.

Appears in 3 contracts

Samples: Valuation Services Agreement (Sprott Physical Platinum & Palladium Trust), Valuation Services Agreement (Sprott Physical Silver Trust), Valuation Services Agreement (Sprott Physical Gold Trust)

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Telephone Directions. With respect to telephone directionsDirections, the Manager shall endeavor endeavour to forward directions (other than by telephone) written Directions confirming such telephone directions Directions on the same day that such verbal directions Directions are given to the Trustee. The fact that such confirming directions written Directions are not received or that contrary directions Directions are received by the Trustee shall in no way affect the validity of any transactions effected by the Trustee on the basis of the telephone directionsDirections.

Appears in 1 contract

Samples: Master Trust Agreement

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