Common use of Giving of Instructions Clause in Contracts

Giving of Instructions. Only the Trust, on behalf of the applicable Fund, acting through its authorised representatives, shall have the right to give instructions in respect of a Fund Allocated Account. The Trust shall notify the Custodian in writing of the names of the people who are authorised to give instructions on a Fund’s behalf (the “Authorised Representatives”). 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 a Fund’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. The Custodian reserves the right to obtain further validation of any instructions.

Giving of Instructions. Only the Trust, on behalf of the applicable Fund, acting through its authorised representativesAuthorised Representatives, shall have the right to give instructions in respect of a Fund Allocated Unallocated Account. The Trust shall notify the Custodian in writing of the names of the people who are authorised to give instructions on a Fund’s behalf (the “Authorised Representatives”). 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 a Fund’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. The Custodian reserves the right to obtain further validation of any instructions.

Giving of Instructions. Only the TrustTrust or the Administrator, on behalf of the applicable Fund, acting through its authorised authorized representatives, shall have the right to give instructions in respect of a Fund Allocated Unallocated Account. The Trust and the Administrator shall notify the Custodian in writing of the names of the people who are authorised authorized to give instructions on a Fund’s behalf (the “Authorised Authorized Representatives”). 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 a Fund’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. The Custodian reserves the right to obtain further validation of any instructions.

Giving of Instructions. Only the TrustTrust or the Administrator, on behalf of the applicable Fund, acting through its authorised authorized representatives, shall have the right to give instructions in respect of a Fund Allocated Account. The Trust and the Administrator shall notify the Custodian in writing of the names of the people who are authorised authorized to give instructions on a Fund’s behalf (the “Authorised Authorized Representatives”). 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 a Fund’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. The Custodian reserves the right to obtain further validation of any instructions.