Dividend Disbursing Agent. 4.1 The Corporation hereby appoints Odyssey as agent to distribute to holders of Shares dividends as may from time to time be declared by the board of directors of the Corporation and Odyssey hereby accepts such appointment upon the terms herein contained.
4.2 Odyssey shall disburse dividends in accordance herewith upon receiving written direction from the Corporation and a certified copy of a resolution of the board of directors of the Corporation declaring such dividends.
4.3 At least one business day before the date on which such dividends are payable, the Corporation shall deliver to Odyssey by electronic transfer or certified cheque, funds sufficient to pay such dividends, or make such other arrangements for the provision of funds as may be agreeable between the parties. Notwithstanding the foregoing, all payments in excess of $25 million in Canadian dollars (or such other amount as determined from time to time by the Canadian Payments Association) must be made by electronic transfer.
4.4 If any funds are received by Odyssey in the form of uncertified cheques, Odyssey shall be entitled to delay the time for release of such funds until such uncertified cheques shall be determined to have cleared the financial institution upon which the same are drawn.
Dividend Disbursing Agent. 3.1 The Company hereby appoints Computershare as its Dividend Disbursing Agent to disburse to the holders of Shares of the Company dividends that may from time to time be declared by the board of directors of the Company and Computershare hereby accepts such appointment upon the terms herein contained.
3.2 Computershare shall disburse such dividends upon receiving a certified copy of a resolution of the board of directors of the Company declaring such dividends and, at least one business day before each payable date, funds in an amount sufficient for the payment of such dividends. The Company shall deliver sufficient funds to Computershare by electronic transfer or certified cheque or make such other arrangements for the provision of funds as may be agreeable between the parties. Notwithstanding the aforementioned, all payments in excess of $25 million in Canadian dollars (or such other amount as determined from time to time by the Canadian Payments Association) must be made by electronic transfer.
Dividend Disbursing Agent. Section 5.1 As Dividend Disbursing Agent for the Series, DSC shall disburse and cause to be disbursed to Series' shareholders Series' dividends, capital gains distributions or any payments from other sources as directed by Fund. In connection therewith, but not in limitation thereof, DSC shall:
A. Calculate the total disbursement due and payable and the disbursement to each shareholder as to shares owned, in accordance with Fund's authorization.
B. Calculate the total disbursements for each shareholder, as aforesaid, to be disbursed in cash; prepare and mail check therefor.
C. Calculate the total disbursement for each shareholder, as aforesaid, for which Series' shares are to be issued, and authorized and instruct the issuance of Series' shares therefor in accordance with Section IV hereof.
D. Prepare and mail or deliver such forms and notices pertaining to disbursements as required by the federal or state authority.
E. Create and maintain records, reconcile and control disbursements to be made and made, both as to cash and shares, as aforesaid; provide such notices, instruction or authorization as Fund may require.
Section 5.2 DSC shall not be required to make any disbursement upon the receipt from Fund, or from any federal or state agency or authority, written notice that such disbursement shall not be made.
Dividend Disbursing Agent. The Company hereby appoints Computershare as its Dividend Disbursing Agent to disburse to the holders of Shares of the Company dividends that may from time to time be declared by the board of directors of the Company and Computershare hereby accepts such appointment upon the terms herein contained. Computershare shall disburse such dividends upon receiving a certified copy of a resolution of the board of directors of the Company declaring such dividends and, at least one business day before each payable date, funds in an amount sufficient for the payment of such dividends.
Dividend Disbursing Agent. The Custodian shall act as dividend disbursing agent for the Fund and shall, in paying dividends or distributions, act upon an officers' certificate indicating the date of declaration of such dividend or distribution, the date of payment thereof, the record date as of which shareholders entitled to payment shall be determined, the amount per share of cash and/or securities payable or distributable as dividends, that the appropriate action had been taken pursuant to the Articles of Incorporation and By-Laws of the Fund authorizing the payment of said dividend and such other matters as may be deemed appropriate.
Dividend Disbursing Agent. 3.1 The Company hereby appoints Endeavor Trust as its Dividend Disbursing Agent to disburse to the holders of Shares any dividends that may from time to time be legally declared by the board of directors of the Company and Endeavor Trust hereby accepts such appointment upon the terms herein contained.
3.2 Endeavor Trust shall disburse such dividends upon receiving a certified copy of a resolution of the board of directors of the Company declaring such dividends and, at least one business day before each payable date, funds and/or securities in an amount sufficient for the payment of such dividends. The Company shall deliver sufficient funds to Endeavor Trust by electronic transfer or certified cheque or make such other arrangements for the provision of funds as may be agreeable between the parties. Notwithstanding the aforementioned, all payments in excess of $25 million in Canadian dollars (or such other amount as determined from time to time by the Canadian Payments Association) must be made by electronic transfer.
Dividend Disbursing Agent. The Manager shall act as Dividend Disbursing Agent for the Trust and, as such, in accordance with the provisions of the Trust's Declaration of Trust and then current prospectus, shall prepare and wire or credit income and capital gains distributions to Unitholders. The Trust agrees that it shall promptly inform the Manager of the declaration of any dividend or distribution on its Units, and that on or before the payment date of a distribution, it shall instruct the Custodian to make available, at the instruction of the Dividend Disbursing Agent, sufficient funds for the cash amount to be paid out. If a Unitholder is entitled to receive additional Units by virtue of any such distribution or dividend, appropriate credits will be made to the Unitholder's account.
Dividend Disbursing Agent. 3.1 The Company hereby appoints National Issuer as its Dividend Disbursing Agent to disburse to the holders of Shares of the Company dividends that may from time to time be declared by the board of directors of the Company and National Issuer hereby accepts such appointment upon the terms herein contained.
3.2 National Issuer shall disburse such dividends upon receiving a certified copy of a resolution of the board of directors of the Company declaring such dividends and, at least one business day before each payable date, funds in an amount sufficient for the payment of such dividends. The Company shall deliver sufficient funds to National Issuer by electronic transfer or certified cheque or make such other arrangements for the provision of funds as may be agreeable between the parties. Notwithstanding the aforementioned, all payments in excess of $25 million in Canadian dollars (or such other amount as determined from time to time by the Canadian Payments Association) must be made by electronic transfer.
Dividend Disbursing Agent. 3.1 The Company hereby appoints Computershare as its Dividend Disbursing Agent to disburse to the holders of Shares of the Company dividends that may from time to time be declared by upon the terms herein contained.
3.2 Computershare shall disburse such dividends upon receiving a certified copy of a resolution of the board of directors of the Company declaring such dividends and, at least one business day before each payable date, funds in an amount sufficient for the payment of such dividends. The Company shall deliver sufficient funds to Computershare by electronic transfer or certified cheque or make such other arrangements for the provision of funds as may be agreeable between the parties. Notwithstanding the aforementioned, all payments in excess of $25 million in Canadian dollars (or such other amount as determined from time to time by the Canadian Payments Association) must be made by electronic transfer.
Dividend Disbursing Agent. The Administrator shall act as Dividend Disbursing Agent for the Trust's institutional accounts and, as such, in accordance with the provisions of the Trust's Declaration of Trust and then current prospectus, shall prepare and wire or credit income and capital gains distributions to Shareholders (or instruct the Custodian to do so) after deducting any amount required to be withheld by any applicable tax laws, rules and regulations or other applicable rules or regulations. The Trust agrees that it shall promptly inform the Administrator of the declaration of any dividend or distribution on its Shares, and that on or before the payment date of a distribution, it shall instruct the Custodian to make available, at the instruction of the Dividend Disbursing Agent, sufficient funds for the cash amount to be paid out. If a Shareholder is entitled to receive additional Shares by virtue of any such distribution or dividend, appropriate credits will be made to the Shareholder's account.
