DCC&S Trading. If you elect to use the NSCC’s Defined Contribution Clearance and Settlement Service (DCC&S), you will transmit trades to the NSCC by the Fund’s stated deadline (currently 6:30 a.m. E.T., NSCC Transmission cycle 8) on T + 1. If you miss the transmission deadline for a DCC&S trade and do not notify Transfer Agent of that failure, any resulting as-of loss shall be your sole responsibility. If the NSCC trading platform is unavailable, you must contact Transfer Agent as soon as possible, but no later than 10:00 a.m. E.T., on T+1 to arrange alternative processing.
Appears in 5 contracts
Samples: Dealer Agreement (MFS Series Trust V), Dealer Agreement (MFS Series Trust V), MFS Series Trust Xiii
DCC&S Trading. If you elect to use the NSCC’s Defined Contribution Clearance and Settlement Service (DCC&S), you will transmit trades to the NSCC by the Fund’s stated deadline (currently 6:30 a.m. E.T., NSCC Transmission cycle 8) on T + 1. If you miss the transmission deadline for a DCC&S trade and do not notify Transfer Agent of that failure, any resulting as-of loss shall be your sole responsibility. If the NSCC trading platform is unavailable, you must contact Transfer Agent as soon as possible, but no later than 10:00 a.m. E.T.E.T. on T+1, on T+1 to arrange alternative processing.
Appears in 1 contract
