Common use of CANCELLATION OR AMENDMENT Clause in Contracts

CANCELLATION OR AMENDMENT. The Transfer Agent shall use reasonable efforts to act on all Proper Instructions to cancel or amend payment orders received in compliance with the Security Procedure provided that such requests are received in a timely manner affording the Transfer Agent reasonable opportunity to act. However, the Transfer Agent assumes no liability if the request for amendment or cancellation cannot be satisfied.

Appears in 20 contracts

Samples: Transfer Agency and Service Agreement (Federated Core Trust III), Transfer Agency and Service Agreement (Federated Core Trust/Pa), Transfer Agency and Service Agreement (Federated Equity Funds)

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CANCELLATION OR AMENDMENT. The Transfer Agent shall use reasonable efforts to act on all Proper Instructions authorized requests to cancel or amend payment orders received in compliance with the Security Procedure provided that such requests are received in a timely manner affording the Transfer Agent reasonable opportunity to act. However, the Transfer Agent assumes no liability if the request for amendment or cancellation cannot be satisfied.

Appears in 10 contracts

Samples: Master Transfer Agency and Service Agreement (Calvert Fund), Master Transfer Agency and Service Agreement (Calvert Municipal Fund Inc), Master Transfer Agency and Service Agreement (Summit Mutual Funds, Inc.)

CANCELLATION OR AMENDMENT. The Transfer Agent shall use reasonable efforts to act promptly on all Proper Instructions authorized requests to cancel or amend payment orders received in compliance with the Security Procedure provided that such requests are received in a timely manner affording the Transfer Agent reasonable opportunity to act. However, the Transfer Agent assumes no liability if the request for amendment or cancellation cannot be satisfiedsatisfied notwithstanding the Transfer Agent's reasonable efforts.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Lazard Funds Inc)

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CANCELLATION OR AMENDMENT. The Transfer Agent shall use reasonable efforts to act on all Proper Instructions authorized requests to cancel or amend payment orders received in compliance with the Security Procedure provided that such requests are received in a timely manner affording the Transfer Agent reasonable opportunity to act. However, the Transfer Agent assumes no liability if the request for amendment or cancellation cannot be satisfied.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (1290 Funds)

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