Common use of Authorization of Schwab Clause in Contracts

Authorization of Schwab. Fund Company hereby designates and authorizes Schwab to receive purchase and redemption orders in proper form (“Orders”) from MFMP investors on the Fund’s behalf for purposes of Rule 22c-1 under the 1940 Act, so that any such MFMP investor will receive the share price next computed by the Fund after the time at which such MFMP investor places its Order with Schwab.

Appears in 2 contracts

Samples: Operating Agreement (GMO Series Trust), Operating Agreement (First Focus Funds Inc)

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Authorization of Schwab. Fund Company hereby designates and authorizes Schwab to receive purchase and redemption orders in proper form (“OrdersOrder(s)”) from MFMP investors on the Fund’s behalf for purposes of Rule 22c-1 under the 1940 Act, so that any such MFMP investor will receive the share price next computed by the Fund after the time at which such MFMP investor places its Order with Schwab.

Appears in 1 contract

Samples: Fund Operating Agreement (Seligman Core Fixed Income Fund, Inc)

Authorization of Schwab. Fund Company hereby designates and authorizes Schwab to receive purchase and redemption orders in proper form (“Orders’’) from MFMP investors on the Fund’s behalf for purposes of Rule 22c-1 22c-l under the 1940 Act, so that any such MFMP investor will receive the share price next computed by the Fund after the time at which such MFMP investor places its Order with Schwab.

Appears in 1 contract

Samples: Operating Agreement (Pacific Global Fund Inc)

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Authorization of Schwab. Fund Company hereby designates and authorizes Schwab to receive purchase purchase, redemption and redemption exchange orders in proper form (“Orders”) from MFMP investors on the Fund’s behalf for purposes of Rule 22c-1 under the 1940 Act, so that any such MFMP investor will receive the share price next computed by the Fund after the time at which such MFMP investor places its Order with Schwab.

Appears in 1 contract

Samples: Mutual Fund Marketplace Agreement (Tributary Funds, Inc.)

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