Common use of Confirmation by Financial Intermediary Clause in Contracts

Confirmation by Financial Intermediary. Financial Intermediary must provide written confirmation to the Fund or its designee that instructions from the Fund or its designee to restrict or prohibt trading have been executed. Financial Intermediary agrees to provide confirmation as soon as reasonably practicable, but not later than ten (10) business days after the instructions have been executed.

Appears in 2 contracts

Samples: Trust Fund/Serv Agreement (State Funds), Financial Intermediary Selling Agreement (State Funds)

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Confirmation by Financial Intermediary. Financial Intermediary must provide written confirmation to the Fund or its designee that instructions from the Fund or its designee to restrict or prohibt trading have been executed. Financial Intermediary agrees to provide confirmation as soon as reasonably practicable, but not later than ten (10) business days after the instructions have been executed.

Appears in 1 contract

Samples: Shareholder Servicing Plan and Agreement (Avenue Mutual Funds Trust)

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Confirmation by Financial Intermediary. Financial Intermediary must provide written confirmation to the Fund or its designee that instructions from the Fund or its designee to restrict or prohibt trading have been executed. Financial Intermediary agrees to provide confirmation as soon as reasonably practicable, but not later than ten (10) business days after the instructions have been executed.

Appears in 1 contract

Samples: Selling and Service Agreement (Maxim Series Fund Inc)

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