Distributions Payable in Shares. In the event that the Board of Trustees of the Trust shall declare a distribution payable in Shares, the Trust shall deliver or cause to be delivered to FTIS written notice of such declaration signed on behalf of the Trust by an officer thereof, upon which FTIS shall be entitled to rely for all purposes, certifying (i) the number of Shares involved, and (ii) that all appropriate action has been taken.
Appears in 13 contracts
Samples: Transfer Agent Agreement (Templeton Real Estate Securities Fund), Transfer Agent Agreement (Templeton Capital Accumulator Fund Inc), Transfer Agent Agreement (Templeton Global Opportunities Trust)
