Common use of AUTOMATIC WITHDRAWAL PLANS Clause in Contracts

AUTOMATIC WITHDRAWAL PLANS. The T/A will process automatic withdrawal orders pursuant to the provisions of the withdrawal plans duly executed by shareholders and the current prospectus and statement of additional information of the Trust. Payments upon such withdrawal order shall be made by the T/A from the appropriate account maintained by the Trust with the Custodian on approximately the 25th day of each month in which a payment has been requested, and the T/A, on or after the seventh day prior to the payment date, will withdraw from a shareholder's account and present for repurchase or redemption as many shares as shall be sufficient to make such withdrawal payment pursuant to the provisions of the shareholder's withdrawal plan and the current prospectus and statement of additional information of the Trust. From time to time on new automatic withdrawal plans a check for payment date already past may be issued upon request by the shareholder.

Appears in 2 contracts

Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Brundage Story & Rose Investment Trust), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Brundage Story & Rose Investment Trust)

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AUTOMATIC WITHDRAWAL PLANS. The T/A will process automatic withdrawal orders pursuant to the provisions of the withdrawal plans duly executed by shareholders and the current prospectus and statement of additional information of the Trust. Payments upon such withdrawal order shall be made by the T/A from the appropriate account maintained by the Trust with the Custodian on approximately the 25th last business day of each month in which a payment has been requested, and the T/A, on or after the seventh day prior to the payment date, A will withdraw from a shareholder's account and present for repurchase or redemption as many shares as shall be sufficient to make such withdrawal payment pursuant to the provisions of the shareholder's withdrawal plan and the current prospectus and statement of additional information of the Trust. From time to time on new automatic withdrawal plans a check for payment date already past may be issued upon request by the shareholder.

Appears in 2 contracts

Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Pragma Investment Trust), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Pragma Investment Trust)

AUTOMATIC WITHDRAWAL PLANS. The T/A will process automatic withdrawal orders pursuant to the provisions of the withdrawal plans duly executed by shareholders and the current prospectus and statement of additional information of the Trust. Payments upon such withdrawal order shall be made by the T/A from the appropriate account maintained by the Trust with the Custodian on approximately the 25th day of each month in which a payment has been requested, and the T/A, on or after the seventh day prior to the payment date, will withdraw from a shareholder's account and present for repurchase or redemption as many shares as shall be sufficient to make such withdrawal payment pursuant to the provisions of the shareholder's withdrawal plan and the current prospectus and statement of additional information of the Trust. From time to time on new automatic withdrawal plans a check for payment date already past may be issued upon request by the shareholder.

Appears in 1 contract

Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Midwest Group Tax Free Trust)

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AUTOMATIC WITHDRAWAL PLANS. The T/A will process automatic withdrawal orders pursuant to the provisions of the withdrawal plans duly executed by shareholders and the current prospectus and statement of additional information of the TrustCompany. Payments upon such withdrawal order shall be made by the T/A from the appropriate account maintained by the Trust Company with the Custodian on approximately the 25th last business day of each month in which a payment has been requested, and the T/A, on or after the seventh day prior to the payment date, A will withdraw from a shareholder's account and present for repurchase or redemption as many shares as shall be sufficient to make such withdrawal payment pursuant to the provisions of the shareholder's withdrawal plan and the current prospectus and statement of additional information of the TrustCompany. From time to time on new automatic withdrawal plans a check for payment date already past may be issued upon request by the shareholder.

Appears in 1 contract

Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Fremont Mutual Funds Inc)

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