Common use of Electronic Instructions Clause in Contracts

Electronic Instructions. The Client acknowledges that, from time to time, GTJAFX needs to act on fax or electronic Instructions (including but not limited to email or short message services (SMS)) from the Client. The Client understands that facsimile and electronic Instructions are not secure means of communication and there are risks involved. The Client hereby requests GTJAFX to accept such facsimile or electronic Instructions for the Client's convenience. GTJAFX is hereby authorised to act on any facsimile or electronic Instructions that GTJAFX in GTJAFX's sole discretion believes to have emanated from the Client. Provided that GTJAFX exercises reasonable care in verifying the signature of the purported authorised person in the facsimile Instructions or the identity of the person giving the electronic Instructions, GTJAFX shall not be liable for acting in good faith on facsimile or electronic Instructions that emanate from any unauthorised person.

Appears in 5 contracts

Samples: Client Agreement for Foreign, Client Agreement for Foreign, Client Agreement for Foreign

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