DIVIDEND DISBURSEMENT. The Transfer Agent, when appointed as Dividend Disbursing Agent by resolution of the Corporation, will pay dividends for the shares of the Corporation for which it now or hereafter may be acting as Transfer Agent and Registrar, upon written notice by an officer of the Corporation advising the Transfer Agent of a declaration of a dividend, and the payment to the Transfer Agent of the necessary funds with which to pay the dividend, in currently available funds at least one business day before each dividend payable date. The Corporation agrees to deposit good and collected funds with the Transfer Agent, such that the collected balance available to the Transfer Agent is sufficient to cover the amount of the dividend to be paid. Neither party intends the Transfer Agent to make a loan to the Corporation. The Transfer Agent shall have no obligation to pay the dividend until the Corporation has provided sufficient collected and immediately available funds to the Transfer Agent. The Transfer Agent is authorized to draw and deliver from time to time new checks for the payment of dividends to take the place of checks theretofore drawn but not presented for payment, when such checks are represented by the payees to have been lost, mislaid or destroyed, and not to have been endorsed or negotiated, and the Transfer Agent stops payment of such original check with its financial institution. Unclaimed funds shall remain in designated disbursement accounts until such time as they are claimed by the shareholder or their representative, or until the Corporation, subject to applicable law and regulation, provides further direction as to their disposition.
DIVIDEND DISBURSEMENT. (a) Equity shall disburse dividends and other distributions which may be declared from time to time on the shares of the Issuer, and Equity is hereby authorized and directed to pay such dividends and other distributions after receipt at its principal office of:
DIVIDEND DISBURSEMENT. Confirm in writing that the dividend notice was received · Prepare and calculate dividend payments · Coordinate dividend checks and enclosures (if applicable) mailing to the Shareholders · Furnish one copy of the dividend register, hard copy or CD-ROM (if requested) · Place stop payment orders on reported lost dividend checks · Issue replacement dividend checks/sales checks · Provide copies of paid dividend checks upon request (subject to additional fee) · Report annual dividend income to Shareholders on applicable Form 1099 · File annual tax information electronically to the Internal Revenue Service · Withhold and remit backup withholding taxes as required by the Internal Revenue Service · Withhold foreign tax and file foreign tax reports as required by the Internal Revenue Service · Maintain custody and control of all undeliverable checks and forward returned items to Shareholders upon confirmation of a current address 2 Please note that postage and processing fees will apply.
DIVIDEND DISBURSEMENT. X.X. Xxxxxx will perform the following services of a dividend disbursing agent: maintaining all shareholder accounts, withholding taxes on all such accounts, preparing and filing U.S. Treasury Department Forms 1099 and other appropriate forms required with respect to dividends and distributions by Federal authorities for all such accounts, preparing and mailing confirmation forms and statements of account for all purchases and redemptions of shares and other confirmable transactions in the accounts.
DIVIDEND DISBURSEMENT. The Transfer Agent, when appointed as Dividend Disbursing Agent by resolution of the Trust, will pay dividends for the Shares of the Trust for which it now or hereafter may be acting as Transfer Agent and Registrar, upon written notice by an officer of the Trust advising the Transfer Agent of a declaration of a dividend, and the payment to the Transfer Agent of the necessary funds with which to pay the dividend, in currently available funds deposited with the Transfer Agent by 11:00 a.m. ET on each dividend payable date. The Trust agrees to deposit good and collected funds with the Transfer Agent, such that the collected balance available to the Transfer Agent is sufficient to cover the amount of the dividend to be paid. Neither party intends the Transfer Agent to make a loan to the Trust. The Transfer Agent will have no obligation to pay the dividend until the Trust has provided sufficient collected and available funds to the Transfer Agent. The payment of such funds to the Transfer Agent for the purpose of being available for the payment of dividend checks from time to time is not intended by the Trust to confer any rights in such funds on the Trust's Shareholders whether in trust or in contract or otherwise. The Transfer Agent is authorized to draw and deliver from time to time new checks for the payment of dividends to take the place of checks theretofore drawn but not presented for payment, and to place stop payment on such checks, when such checks are represented by the payees to have been lost, mislaid or destroyed, and not to have been endorsed or negotiated. Unclaimed funds shall remain in designated disbursement accounts until such time as they are claimed by the shareholder or his representative or until the Trust provides further direction as to their disposition. The Transfer Agent is hereby authorized to deduct from all dividends and distributions declared by the Trust and disbursed by the Transfer Agent, as disbursing agent, the tax required to be withheld pursuant to Sections 1441, 1442 and 3406 of the Internal Revenue Code of 1986, as amended, or by any Federal or state statutes subsequently enacted, and to make the necessary return and payment of such tax in connection therewith.
DIVIDEND DISBURSEMENT a) KoreTransfer shall disburse dividends and other distributions which may be declared from time to time on the shares of the Issuer, and KoreTransfer is hereby authorized and directed to pay such dividends and other distributions after receipt at its principal office of:
DIVIDEND DISBURSEMENT. (a) The Transfer Agent, when appointed as Dividend Disbursing Agent by resolution of the Corporation, will pay dividends for the shares of the Corporation for which it now or hereafter may be acting as Transfer Agent and Registrar, upon written notice by an officer of the Corporation advising the Transfer Agent of a declaration of a dividend, and the payment to the Transfer Agent of the necessary funds with which to pay the dividend, in currently available funds at least one business day before each dividend payable date.
DIVIDEND DISBURSEMENT. Ÿ Confirm in writing that the dividend notice was received Ÿ Prepare and calculate dividend payments Ÿ Coordinate dividend checks and enclosures (if applicable) mailing to the Shareholders Ÿ Furnish one copy of the dividend register, hard copy or CD-ROM (if requested) Ÿ Place stop payment orders on reported lost dividend checks Ÿ Issue replacement dividend checks/sales checks Ÿ Provide copies of paid dividend checks upon request (subject to additional fee) Ÿ Report annual dividend income to Shareholders on applicable Form 1099 Ÿ File annual tax information electronically to the Internal Revenue Service Ÿ Withhold and remit backup withholding taxes as required by the Internal Revenue Service Ÿ Withhold foreign tax and file foreign tax reports as required by the Internal Revenue Service Ÿ Maintain custody and control of all undeliverable checks and forward returned items to Shareholders upon confirmation of a current address 2 Please note that postage and processing fees will apply.
DIVIDEND DISBURSEMENT. Ø Make payment of cash dividends to the unitholders of record as of the record date by mailing a check, payable to the registered unitholder, to the address of record or mailing address. Dividends are to be funded by the day checks are placed in the mail; Ø Alternatively, upon proper request by a registered unitholder, and provided that funds are on hand at Computershare on or prior to the payment date, make payment to such unitholder through the Automated Clearing House in accordance with the instructions provided by the shareholder; and Ø File with the proper federal, state and local authorities such appropriate information returns as are required by law to be filed by the Company concerning the payment of dividends and distributions. DIVIDEND REINVESTMENT PLAN SERVICES Ø Perform services per the terms and conditions in the specific plan document, attached hereto and made a part of, including: o Administer and maintain plan accounts; o Enroll and flag new account participation;
DIVIDEND DISBURSEMENT. (a) RST shall disburse dividends and other distributions which may be declared from time to time on the shares of the Issuer, and RST is hereby authorized and directed to pay such dividends and other distributions after receipt at its principal office of:
