Common use of Giving of Instructions Clause in Contracts

Giving of Instructions. Only the Trustee shall have the right to give instructions to the Custodian for deposit of Bullion to or withdrawal of Bullion from the Allocated Account. All such instructions given by the Trustee to the Custodian shall be given in writing and signed by two Authorised Signatories of the Trustee. The Trustee shall notify the Custodian in writing of the names of the people who are authorised to give instructions on the Trustee’s behalf. Until the Custodian receives written notice to the contrary, the Custodian is entitled to assume that any of those people have full and unrestricted power to give instructions on the Trustee’s behalf. The Custodian is also entitled to rely on any instructions which are from, or which purport to emanate from, any person who appears to have such authority.

Appears in 13 contracts

Samples: Allocated Account Agreement, Allocated Account Agreement, Allocated Account Agreement (ETFS Gold Trust)

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Giving of Instructions. Only the Trustee shall have the right to give instructions to the Custodian for deposit of Bullion to or withdrawal of Bullion from the Allocated Unallocated Account. All such instructions given by the Trustee to the Custodian shall be given in writing and signed by two Authorised Authorized Signatories of the Trustee. The Trustee shall notify the Custodian in writing of the names of the people who are authorised authorized to give instructions on the Trustee’s behalf. Until the Custodian receives written notice to the contrary, the Custodian is entitled to assume that any of those people have full and unrestricted power to give instructions on the Trustee’s behalf. The Custodian is also entitled to rely on any instructions which are from, or which purport to emanate from, any person who appears to have such authority.

Appears in 12 contracts

Samples: Agreement, Unallocated Account Agreement (ETFS Gold Trust), Unallocated Account Agreement (ETFS Asian Gold Trust)

Giving of Instructions. Only the Trustee shall have the right to give instructions to the Custodian for deposit of Bullion Gold to or withdrawal of Bullion Gold from the Allocated Trust Unallocated Account. All such instructions given by the Trustee to the Custodian shall be given in writing and signed by two Authorised Authorized Signatories of the Trustee. The Trustee shall notify the Custodian in writing of the names of the people who are authorised authorized to give instructions on the Trustee’s behalf. Until the Custodian receives written notice to the contrary, the Custodian is entitled to assume that any of those people have full and unrestricted power to give instructions on the Trustee’s behalf. The Custodian is also entitled to rely on any instructions which are from, or which purport to emanate from, any person who appears to have such authority.

Appears in 5 contracts

Samples: Unallocated Account Agreement, Unallocated Account Agreement (Merk Gold Trust), Depositary Trust Agreement (Merk Gold Trust)

Giving of Instructions. Only It is hereby agreed that only the Trustee shall have the right to give instructions to the Custodian for deposit of Bullion to or withdrawal of Bullion from the Allocated Account. All such instructions given by the Trustee to the Custodian shall be given in writing and signed by two Authorised Signatories of the Trustee. The Trustee shall notify the Custodian in writing of the names of the people who are authorised to give instructions on the Trustee’s behalf. Until the Custodian receives written notice to the contrary, the Custodian is entitled to assume that any of those people have full and unrestricted power to give instructions on the Trustee’s behalf. The Custodian is also entitled to rely on any instructions which are from, or which purport to emanate from, any person who appears to have such authority.

Appears in 5 contracts

Samples: Agreement (Etfs Silver Trust), Allocated Account Agreement (Etfs Palladium Trust), Allocated Account Agreement (ETFS Gold Trust)

Giving of Instructions. Only the Trustee shall have the right to give instructions to the Custodian for deposit of Bullion Physical Gold to or withdrawal of Bullion Physical Gold from the Trust Allocated Account. All such instructions given by the Trustee to the Custodian shall be given in writing and signed by two Authorised Authorized Signatories of the Trustee. The Trustee shall notify the Custodian in writing of the names of the people who are authorised authorized to give instructions on the Trustee’s behalf. Until the Custodian receives written notice to the contrary, the Custodian is entitled to assume that any of those people have full and unrestricted power to give instructions on the Trustee’s behalf. The Custodian is also entitled to rely on any instructions which are from, or which purport to emanate from, any person who appears to have such authority.

Appears in 5 contracts

Samples: Allocated Account Agreement, Depositary Trust Agreement (Merk Gold Trust), Depositary Trust Agreement (Merk Gold Trust)

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Giving of Instructions. Only It is hereby agreed that only the Trustee shall have the right to give instructions to the Custodian for deposit of Bullion to or withdrawal of Bullion from the Allocated Unallocated Account. All such instructions given by the Trustee to the Custodian shall be given in writing and signed by two Authorised Authorized Signatories of the Trustee. The Trustee shall notify the Custodian in writing of the names of the people who are authorised Authorized to give instructions on the Trustee’s behalf. Until the Custodian receives written notice to the contrary, the Custodian is entitled to assume that any of those people have full and unrestricted power to give instructions on the Trustee’s behalf. The Custodian is also entitled to rely on any instructions which are from, or which purport to emanate from, any person who appears to have such authority.

Appears in 3 contracts

Samples: Agreement (Etfs Palladium Trust), Unallocated Account Agreement (ETFS Platinum Trust), Agreement (Etfs Silver Trust)

Giving of Instructions. Only It is hereby agreed that only the Trustee shall have the right to give instructions to the Custodian for deposit of Bullion to or withdrawal of Bullion from the Allocated Unallocated Account. All such instructions given by the Trustee to the Custodian shall be given in writing and signed by two Authorised Authorized Signatories of the Trustee. The Trustee shall notify the Custodian in writing of the names of the people who are authorised authorized to give instructions on the Trustee’s behalf. Until the Custodian receives written notice to the contrary, the Custodian is entitled to assume that any of those people have full and unrestricted power to give instructions on the Trustee’s behalf. The Custodian is also entitled to rely on any instructions which are from, or which purport to emanate from, any person who appears to have such authority.

Appears in 2 contracts

Samples: Unallocated Account Agreement (Etfs Silver Trust), Unallocated Account Agreement (ETFS Gold Trust)

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