Common use of Death, Resignation or Removal of Signing Officer Clause in Contracts

Death, Resignation or Removal of Signing Officer. Fund will file promptly with IFTC written notice of any change in the officers authorized to sign stock certificates, written instructions or requests, together with two signature cards bearing the specimen signature of each newly authorized officer. In case any officer of Fund who will have signed manually or whose facsimile signature will have been affixed to blank stock certificates will die, resign, or be removed prior to the issuance of such certificates, IFTC may issue or register such stock certificates as the stock certificates of Fund notwithstanding such death, resignation, or removal, until specifically directed to the contrary by Fund in writing. In the absence of such direction, Fund will file promptly with IFTC such approval, adoption, or ratification as may be required by law.

Appears in 4 contracts

Samples: Agency Agreement (Piper Institutional Funds Inc), Agency Agreement (Cowen Standby Reserve Fund Inc), Agency Agreement (Cowen Standby Tax Exempt Reserve Fund Inc)

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Death, Resignation or Removal of Signing Officer. Fund will file promptly with IFTC written notice of any change in the officers authorized to sign stock certificates, written instructions or requests, together with two signature cards bearing the specimen signature of each newly authorized officer. In case any officer of Fund who will have signed manually or whose facsimile signature will have been affixed to blank stock certificates will die, resign, or be removed prior to the issuance of such certificates, IFTC may issue or register such stock certificates as the stock certificates of Fund notwithstanding such death, resignation, or removal, until specifically directed to the contrary by Fund in writing. In the absence of such direction, Fund will file promptly with IFTC such approval, adoption, or ratification as may be required by law.

Appears in 2 contracts

Samples: Agency Agreement (Berger One Hundred & One Fund Inc), Agency Agreement (One Hundred Fund Inc)

Death, Resignation or Removal of Signing Officer. Fund will file promptly with IFTC written notice of any change in the officers authorized to sign stock certificates, written instructions or requests, together with two signature cards bearing the specimen signature of each newly authorized officer. In case any officer of Fund who will have signed manually or whose facsimile signature will have been affixed to blank stock certificates will die, resign, or be removed prior to the issuance of such certificates, IFTC may issue or register such stock certificates as the stock certificates of Fund notwithstanding such death, resignation, or removal, until specifically directed to the contrary by Fund in writing. In the absence of such direction, Fund will file promptly with IFTC such approval, adoption, or ratification as may be required by law.

Appears in 1 contract

Samples: Agency Agreement (Berger Investment Portfolio Trust)

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Death, Resignation or Removal of Signing Officer. Fund will file promptly with IFTC written notice of any change in the officers authorized to sign stock certificates, written instructions or requests, together with two signature cards bearing the specimen signature 9 of each newly authorized officer. In case any officer of Fund who will have signed manually or whose facsimile signature will have been affixed to blank stock certificates will die, resign, or be removed prior to the issuance of such certificates, IFTC may issue or register such stock certificates as the stock certificates of Fund notwithstanding such death, resignation, or removal, until specifically directed to the contrary by Fund in writing. In the absence of such direction, Fund will file promptly with IFTC such approval, adoption, or ratification as may be required by law.

Appears in 1 contract

Samples: Agency Agreement (Cowen Income Plus Growth Fund Inc)

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