CERTIFICATE AND SECURITY ISSUANCE FUNCTIONS Sample Clauses

CERTIFICATE AND SECURITY ISSUANCE FUNCTIONS. Process all routine transfers • Post all debit and credit certificate transactions • Issue Stock Certificates • Create book entry Direct Registration System (“DRS”) positions • Participate in the DRS profile system, allowing broker “sweeps” of registered positions • Interface electronically with DTC/CEDE & CO. • Mail newly-issued certificates/DRS advices to Shareholders • Replace lost or stolen Stock Certificates upon Shareholder request • Issue and register all Stock Certificates • Issue shares upon exercise of stock options. • Process legal transfers and transactions requiring special handling • Provide, upon request, access to daily reports of processed transfers REPORTING • Furnish, upon request, unlimited Shareholder list, sorted by Company-designated criteria LISTS AND MAILINGS • Enclose multiple proxy cards to same household in one envelope, if applicable (subject to additional fee) • Monitor and suppress undeliverable mail until correct address is located • Furnish shareholder lists, in any sequence • Provide geographical detail reports of all stocks issued/surrendered over a specific period • Provide mailing labels WEB-BASED ORIGINAL ISSUANCE (OI) / DWAC SYSTEM 1 • Facilitate Deposit/Withdrawal At Custodian (“DWAC”) and original issuances initiated from the Company’s desktop via Internet • Accept files for original issuances • Allow multiple requests to be submitted on the same form at the same time • Notify the Company via email when matching broker instructions have not been received • Provide designated brokers the ability for brokers to log into the system and track the status of Company-submitted items • Report daily and monthly transactions via e-mail • Enforce built-in security procedures
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CERTIFICATE AND SECURITY ISSUANCE FUNCTIONS. Process all routine transfers · Post all debit and credit certificate transactions · Issue Stock Certificates · Create book entry Direct Registration System (“DRS”) positions · Participate in the DRS profile system, allowing broker “sweeps” of registered positions · Interface electronically with DTC/CEDE & CO. · Mail newly-issued certificates/DRS advices to Shareholders · Replace lost or stolen Stock Certificates upon Shareholder request · Issue and register all Stock Certificates · Issue shares upon exercise of stock options. · Process legal transfers and transactions requiring special handling · Provide, upon request, access to daily reports of processed transfers
Sample 1Sample 2See All (5)
CERTIFICATE AND SECURITY ISSUANCE FUNCTIONS. Process all routine transfers • Post all debit and credit certificate transactions • Issue Stock Certificates • Create book entry Direct Registration System (“DRS”) positions • Participate in the DRS profile system, allowing broker “sweeps” of registered positions • Interface electronically with DTC/CEDE & CO. • Mail newly-issued certificates/DRS advices to Shareholders • Replace lost or stolen Stock Certificates upon Shareholder request • Issue and register all Stock Certificates • Issue shares upon exercise of stock options. • Process legal transfers and transactions requiring special handling • Provide, upon request, access to daily reports of processed transfers REPORTING • Furnish, upon request, unlimited Shareholder list, sorted by Company-designated criteria LISTS AND MAILINGS • Enclose multiple proxy cards to same household in one envelope, if applicable (subject to an additional fee) • Monitor and suppress undeliverable mail until correct address is located • Furnish shareholder lists, in any sequence • Provide geographical detail reports of all stocks issued/surrendered over a specific period • Provide mailing labels
Sample 1Sample 2
CERTIFICATE AND SECURITY ISSUANCE FUNCTIONS. ● Process all routine transfers ● Post all debit and credit certificate transactions ● Issue Stock Certificates ● Create book entry Direct Registration System (“DRS”) positions ● Participate in the DRS profile system, allowing broker “sweeps” of registered positions ● Interface electronically with DTC/CEDE & CO. ● Mail newly-issued certificates/DRS advices to Shareholders ● Replace lost or stolen Stock Certificates upon Shareholder request ● Issue and register all Stock Certificates ● Issue shares upon exercise of stock options. ● Process legal transfers and transactions requiring special handling ● Provide, upon request, access to daily reports of processed transfers REPORTING ● Furnish, upon request, unlimited Shareholder list, sorted by Fund-designated criteria
Sample 1
CERTIFICATE AND SECURITY ISSUANCE FUNCTIONS. Ÿ Process all routine transfers Ÿ Post all debit and credit certificate transactions Ÿ Issue Stock Certificates Ÿ Create book entry Direct Registration System (“DRS”) positions Ÿ Participate in the DRS profile system, allowing broker “sweeps” of registered positions Ÿ Xxxxxxxxx xxxxxxxxxxxxxx xxxx XXX/XXXX & XX. X Mail newly-issued certificates/DRS advices to Shareholders Ÿ Replace lost or stolen Stock Certificates upon Shareholder request Ÿ Issue and register all Stock Certificates Ÿ Issue shares upon exercise of stock options. Ÿ Process legal transfers and transactions requiring special handling Ÿ Provide, upon request, access to daily reports of processed transfers
Sample 1
CERTIFICATE AND SECURITY ISSUANCE FUNCTIONS. ☐ Process all routine transfers ☐ Post all debit and credit certificate transactions ☐ Issue Stock Certificates ☐ Create book entry Direct Registration System (“DRS”) positions ☐ Participate in the DRS profile system, allowing broker “sweeps” of registered positions ☐ Interface electronically with DTC/CEDE & CO. ☐ Mail newly-issued certificates/DRS advices to Shareholders ☐ Replace lost or stolen Stock Certificates upon Shareholder request ☐ Issue and register all Stock Certificates ☐ Issue shares upon exercise of stock options. ☐ Process legal transfers and transactions requiring special handling ☐ Provide, upon request, access to daily reports of processed transfers REPORTING ☐ Furnish, upon request, unlimited Shareholder list, sorted by Company-designated criteria LISTS AND MAILINGS ☐ Enclose multiple proxy cards to same household in one envelope, if applicable (subject to an additional fee) ☐ Monitor and suppress undeliverable mail until correct address is located ☐ Furnish shareholder lists, in any sequence ☐ Provide geographical detail reports of all stocks issued/surrendered over a specific period ☐ Provide mailing labels WEB-BASED ORIGINAL ISSUANCE (OI) / DWAC SYSTEM1 ☐ Facilitate Deposit/Withdrawal At Custodian (“DWAC”) and original issuances initiated from the Company’s desktop via Internet ☐ Accept files for original issuances ☐ Allow multiple requests to be submitted on the same form at the same time ☐ Notify the Company via email when matching broker instructions have not been received ☐ Provide designated brokers the ability for brokers to log into the system and track the status of Company-submitted items ☐ Report daily and monthly transactions via e-mail ☐ Enforce built-in security procedures
Sample 1

Related to CERTIFICATE AND SECURITY ISSUANCE FUNCTIONS

  • General Servicing Obligations The Company shall sell any REO Property within two years after its acquisition by the REMIC unless (i) the Company applies for an extension of such two-year period from the Internal Revenue Service pursuant to the REMIC Provisions and Code Section 856(e)(3), in which event such REO Property shall be sold within the applicable extension period, or (ii) the Company obtains for the Purchaser an Opinion of Counsel, addressed to the Purchaser and the Company, to the effect that the holding by the REMIC of such REO Property subsequent to such two year period will not result in the imposition of taxes on "prohibited transactions" as defined in Section 860F of the Code or cause the REMIC to fail to qualify as a REMIC under the REMIC Provisions or comparable provisions of relevant state laws at any time. The Company shall manage, conserve, protect and operate each REO Property for the Purchaser solely for the purpose of its prompt disposition and sale in a manner which does not cause such REO Property to fail to qualify as "foreclosure property" within the meaning of Section 860G(a)(8) or result in the receipt by the REMIC of any "income from non-permitted assets" within the meaning of Section 860F(a)(2)(B) of the Code or any "net income from foreclosure property" which is subject to taxation under Section 860G(a)(1) of the Code. Pursuant to its efforts to sell such REO Property, the Company shall either itself or through an agent selected by the Company protect and conserve such REO Property in the same manner and to such extent as is customary in the locality where such REO Property is located and may, incident to its conservation and protection of the interests of the Purchaser, rent the same, or any part thereof, as the Company deems to be in the best interest of the Company and the Purchaser for the period prior to the sale of such REO Property; provided, however, that any rent received or accrued with respect to such REO Property qualifies as "rents from real property" as defined in Section 856(d) of the Code.

  • Domestic Subcustodians and Securities Depositories The Custodian may deposit and/or maintain, either directly or through one or more agents appointed by the Custodian, Investments of the Fund in any Securities Depository in the United States, including The Depository Trust Company, provided such Depository meets applicable requirements of the Federal Reserve Bank or of the Securities and Exchange Commission. The Custodian may, at any time and from time to time, appoint any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of the Fund as a Subcustodian for purposes of holding Investments of the Fund in the United States.

  • Foreign Subcustodians and Securities Depositories Unless instructed otherwise by the Fund, the Custodian may deposit and/or maintain non-U.S. Investments of the Fund in any non-U.S. Securities Depository provided such Securities Depository meets the requirements of an "eligible securities depository" under Rule 17f-7 promulgated under the 1940 Act, or any successor rule or regulation ("Rule 17f-7") or which by order of the Securities and Exchange Commission is exempted therefrom. Prior to the time that securities are placed with such depository, but subject to the provisions of Section 8.2.4 below, the Custodian shall have prepared an assessment of the custody risks associated with maintaining assets with the Securities Depository and shall have established a system to monitor such risks on a continuing basis in accordance with Subsection 8.2.3 of this Section and Rule 17f-7. Additionally, the Custodian may, at any time and from time to time, appoint (a) any bank, trust company or other entity meeting the requirements of an "eligible foreign custodian" under Rule 17f-5 or which by order of the Securities and Exchange Commission is exempted therefrom, or (b) any bank as defined in Section 2(a)(5) of the 1940 Act meeting the requirements of a custodian under Section 17(f) of the 1940 Act and the rules and regulations thereunder, to act on behalf of the Fund as a Subcustodian for purposes of holding Investments of the Fund outside the United States. Such appointment of foreign Subcustodians shall be subject to approval of the Fund or the Foreign Custody Manager in accordance with Subsections 8.2.1 and 8.2.2 hereof, and use of non-U.S. Securities Depositories shall be subject to the terms of Subsections 8.2.3 and 8.2.4 hereof. An Instruction to open an account in a given country shall comprise authorization of the Custodian to hold assets in such country in accordance with the terms of this Agreement. The Custodian shall not be required to make independent inquiry as to the authorization of the Fund to invest in such country.

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