Common use of Custodial Acceptance Clause in Contracts

Custodial Acceptance. If all required forms and information are properly submitted, UMB Bank, n.a. will accept appointment as Custodian of the Custodial Account. However, this Agreement (and the Adoption Agreement) is not binding upon the Custodian until the Depositor has received a statement confirming the initial transaction for the Custodial Account. Receipt by the Depositor of a confirmation of the purchase of the Fund shares indicated in the Depositor’s Adoption Agreement will serve as notification of UMB Bank, n.a.’s acceptance of appointment as Custodian of the Custodial Account.

Appears in 11 contracts

Samples: www.transamerica.com, selectedfunds.com, rxprod.clipperfund.com

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Custodial Acceptance. If all required forms and information are properly submitted, UMB Bank, n.a. will accept appointment as Custodian of the Custodial Account. However, this Agreement (and the Adoption Agreement) is not binding upon the Custodian until the Depositor has received a statement confirming the initial transaction for the Custodial Account. Receipt by the Depositor of a confirmation of the purchase of the Fund shares indicated in the Depositor’s Adoption Agreement will serve as notification of UMB Bank, n.a.’s acceptance of appointment as Custodian of the Custodial Account.

Appears in 4 contracts

Samples: www.transamerica.com, selectedfunds.com, rxprod.clipperfund.com

Custodial Acceptance. If all required forms and information are properly submitted, UMB Bank, n.a. N.A.. will accept appointment as Custodian of the Custodial Participant’s Account. However, this Agreement (and the Adoption Agreement) is not binding upon the Custodian until the Depositor Participant has received a statement confirming the initial transaction for the Custodial Account. Receipt by the Depositor Participant of a confirmation of the purchase of the Fund shares indicated in the DepositorParticipant’s Adoption Agreement will serve as notification of UMB Bank, n.a.N.A.’s acceptance of appointment as Custodian of the Custodial Participant’s Account.

Appears in 2 contracts

Samples: services.federatedhermes.com, selectedfunds.com

Custodial Acceptance. If all required forms and information are properly submitted, UMB Bank, n.a. N.A. will accept appointment as Custodian of the Custodial Account. However, this Agreement (and the Adoption Agreement) is not binding upon the Custodian until the Depositor has received a statement confirming the initial transaction for the Custodial Account. Receipt by the Depositor of a confirmation of the purchase of the Fund shares indicated in the Depositor’s Adoption Agreement will serve as notification of UMB Bank, n.a.N.A.’s acceptance of appointment as Custodian of the Custodial Account.

Appears in 1 contract

Samples: www.aberdeenstandard.com

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Custodial Acceptance. If all required forms and information are properly submitted, UMB Bank, Bank n.a. will accept appointment as Custodian of the Custodial Account. However, this Agreement (and the Adoption Agreement) is not binding upon the Custodian until the Depositor has received a statement confirming the initial transaction for the Custodial Account. Receipt by the Depositor of a confirmation of the purchase of the Fund shares indicated in the Depositor’s Adoption Agreement will serve as notification of UMB Bank, Bank n.a.’s acceptance of appointment as Custodian of the Custodial Account.

Appears in 1 contract

Samples: www.vaneck.com

Custodial Acceptance. If all required forms and information are properly submitted, UMB Bank, n.a. N.A. will accept appointment as Custodian of the Custodial Account. However, this Agreement (and the Adoption Agreement) is not binding upon the Custodian until the Depositor Investor has received a statement confirming the initial transaction for the Custodial Account. Receipt by the Depositor Investor of a confirmation of the purchase of the Fund shares indicated in the DepositorInvestor’s Adoption Agreement will serve as notification of UMB Bank, n.a.N.A.’s acceptance of appointment as Custodian of the Custodial Account.

Appears in 1 contract

Samples: Custodial Agreement

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