Common use of Authorized Persons Clause in Contracts

Authorized Persons. Add the following paragraph at the end of Section 10: Customer represents that: a) Instructions will only be issued by or for a fiduciary pursuant to Department of Labor Regulation Section 404b-1 (a)(2)(i) and b) if Instructions are to be issued by an investment manager, such entity will meet the requirements of Section 3(38) of ERISA and will have been designated by the Customer to manage assets held in the Customer Accounts ("Investment Manager"). An Investment Manager may designate certain of its employees to act as Authorized Persons under this Agreement.

Appears in 128 contracts

Samples: Global Custody Agreement (T. Rowe Price Spectrum Funds II, Inc.), Global Custody Agreement (T. Rowe Price Corporate Income Fund, Inc.), Global Custody Agreement (T. Rowe Price Short-Term Bond Fund, Inc.)

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Authorized Persons. Add the following paragraph at the end of Section 10: Customer represents that: a) Instructions will only be issued by or for a fiduciary pursuant to Department of Labor Regulation Section 404b-1 404b‑1 (a)(2)(i) and b) if Instructions are to be issued by an investment manager, such entity will meet the requirements of Section 3(38) of ERISA and will have been designated by the Customer to manage assets held in the Customer Accounts ("Investment Manager"). An Investment Manager may designate certain of its employees to act as Authorized Persons under this Agreement.

Appears in 17 contracts

Samples: Global Custody Agreement (T. Rowe Price International Index Fund, Inc.), Global Custody Agreement (T. Rowe Price U.S. Bond Enhanced Index Fund, Inc.), Global Custody Agreement (T. Rowe Price Strategic Income Fund, Inc.)

Authorized Persons. Add the following paragraph at the end of Section 10: Customer represents that: a) Instructions will only be issued by or for a fiduciary pursuant to Department of Labor Regulation Section 404b-1 404b1 (a)(2)(i) and b) if Instructions are to be issued by an investment manager, such entity will meet the requirements of Section 3(38) of ERISA and will have been designated by the Customer to manage assets held in the Customer Accounts ("Investment Manager"). An Investment Manager may designate certain of its employees to act as Authorized Persons under this Agreement.

Appears in 11 contracts

Samples: Global Custody Agreement (T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.), Global Custody Agreement (T. Rowe Price Capital Appreciation Fund), Global Custody Agreement (T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.)

Authorized Persons. Add the following paragraph at the end of Section 10: Customer represents that: a) Instructions will only be issued by or for a fiduciary pursuant to Department of Labor Regulation Section 404b-1 (a)(2)(i) and b) if Instructions are to be issued by an investment manager, such entity will meet the requirements of Section 3(38) of ERISA and will have been designated by the Customer to manage assets held in the Customer Accounts ("Investment Manager"). An Investment Manager may designate certain of its employees to act as Authorized Persons under this Agreement. Section 14(a).

Appears in 3 contracts

Samples: Global Custody Agreement, Global Custody Agreement (Price T Rowe Tax Efficient Balanced Fund Inc), Global Custody Agreement (Price T Rowe Mid Cap Value Fund Inc)

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Authorized Persons. Add the following paragraph at the end of Section 10: Customer represents thatthat to the extent that Assets are subject to ERISA: a) Instructions will only be issued by or for a fiduciary pursuant to Department of Labor Regulation Section 404b-1 (a)(2)(i) and b) if Instructions are to be issued by an investment manager, such entity will meet the requirements of Section 3(38) of ERISA and will have been designated by the Customer to manage assets held in the Customer Accounts ("Investment Manager"). An Investment Manager may designate certain of its employees to act as Authorized Persons under this Agreement.

Appears in 2 contracts

Samples: Custody Agreement (Mutual of America Institutional Funds Inc), Custody Agreement (Mutual of America Investment Corp)

Authorized Persons. Add the following paragraph at the end of Section 10: Customer represents that: a) Instructions will only be issued by or for a fiduciary pursuant to Department of Labor Regulation Regulations Section 404b-1 (a)(2)(i) and b) if Instructions are to be issued by an investment manager, such entity will meet the requirements of Section 3(38) of ERISA and will have been designated by the Customer to manage assets held in the Customer Accounts ("Investment Manager"). An Investment Manager may designate certain of its employees to act as Authorized Persons under this Agreement.

Appears in 1 contract

Samples: Global Custody Agreement (Phoenix Edge Series Fund)

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