Common use of DUTIES IN SHARE TRANSFERS AND REGISTRATION Clause in Contracts

DUTIES IN SHARE TRANSFERS AND REGISTRATION. 1. The Agent in carrying out its duties shall follow general commercial practices and the Rules of the Stock Transfer Association, Inc. except as they may conflict or be inconsistent with the specific provisions of the Company's Articles of Incorporation and Bylaws, prospectus, applicable Federal and state laws and regulations and this Agreement. 2. The Agent shall not require that the signature of the appropriate person be guaranteed, witnessed or verified in order to effect a redemption, transfer, exchange or change of address except as may from time to time be directed by the Company as set forth in an officers' instruction. In the event a signature guarantee is required by the Company, the Agent shall not inquire as to the genuineness of the guarantee. 3. The Agent shall not replace a lost, stolen or misplaced stock certificate without requiring and being furnished with an open penalty surety bond protecting the Company and the Agent against loss.

Appears in 40 contracts

Samples: Shareholder Servicing Agreement (Waddell & Reed Advisors Global Bond Fund Inc), Shareholder Servicing Agreement (Waddell & Reed Advisors Value Fund Inc), Shareholder Servicing Agreement (Waddell & Reed Advisors Tax Managed Equity Fund Inc)

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DUTIES IN SHARE TRANSFERS AND REGISTRATION. 1. The Agent in carrying out its duties shall follow general commercial practices and the Rules of the Stock Transfer Association, Inc. except as they may conflict or be inconsistent with the specific provisions of the CompanyCorporation's Articles of Incorporation and Bylaws, prospectus, applicable Federal and state laws and regulations and this Agreement. 2. The Agent shall not require that the signature of the appropriate person be guaranteed, witnessed or verified in order to effect a redemption, transfer, exchange or change of address except as may from time to time be directed by the Company Corporation as set forth in an officers' instruction. In the event a signature guarantee is required by the CompanyCorporation, the Agent shall not inquire as to the genuineness of the guarantee. 3. The Agent shall not replace a lost, stolen or misplaced stock certificate without requiring and being furnished with an open penalty surety bond protecting the Company Corporation and the Agent against loss.

Appears in 2 contracts

Samples: Shareholder Servicing Agreement (Waddell & Reed Advisors Value Fund Inc), Shareholder Servicing Agreement (Waddell & Reed Advisors Government Securities Fund Inc)

DUTIES IN SHARE TRANSFERS AND REGISTRATION. 1. The Agent in carrying out its duties shall follow general commercial practices and the Rules of the Stock Transfer Association, Inc. except as they may conflict or be inconsistent with the specific provisions of the Company's ’s Articles of Incorporation and Bylaws, prospectus, applicable Federal and state laws and regulations and this Agreement. 2. The Agent shall not require that the signature of the appropriate person be guaranteed, witnessed or verified in order to effect a redemption, transfer, exchange or change of address except as may from time to time be directed by the Company as set forth in an officers' ’ instruction. In the event a signature guarantee is required by the Company, the Agent shall not inquire as to the genuineness of the guarantee. 3. The Agent shall not replace a lost, stolen or misplaced stock certificate without requiring and being furnished with an open penalty surety bond protecting the Company and the Agent against loss.

Appears in 2 contracts

Samples: Shareholder Servicing Agreement (Waddell & Reed Financial Inc), Shareholder Servicing Agreement (Waddell & Reed Financial Inc)

DUTIES IN SHARE TRANSFERS AND REGISTRATION. 1. The Agent in carrying out its duties shall follow general commercial practices and the Rules of the Stock Transfer Association, Inc. except as they may conflict or be inconsistent with the specific provisions of the CompanyTrust's Articles Declaration of Incorporation Trust and Bylaws, prospectus, applicable Federal and state laws and regulations and this Agreement. 2. The Agent shall not require that the signature of the appropriate person be guaranteed, witnessed or verified in order to effect a redemption, transfer, exchange or change of address except as may from time to time be directed by the Company Trust as set forth in an officers' instruction. In the event a signature guarantee is required by the CompanyFunds, the Agent shall not inquire as to the genuineness of the guarantee. 3. The Agent shall not replace a lost, stolen or misplaced stock certificate without requiring and being furnished with an open penalty surety bond protecting the Company Trust and the Agent against loss.

Appears in 1 contract

Samples: Shareholder Servicing Agreement (Ivy Funds)

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DUTIES IN SHARE TRANSFERS AND REGISTRATION. 1. The Agent in carrying out its duties shall follow general commercial practices and the Rules of the Stock Transfer Association, Inc. except as they may conflict or be inconsistent with the specific provisions of the Company's Articles Declaration of Incorporation Trust and Bylaws, prospectus, applicable Federal and state laws and regulations and this Agreement. 2. The Agent shall not require that the signature of the appropriate person be guaranteed, witnessed or verified in order to effect a redemption, transfer, exchange or change of address except as may from time to time be directed by the Company as set forth in an officers' instruction. In the event a signature guarantee is required by the Company, the Agent shall not inquire as to the genuineness of the guarantee. 3. The Agent shall not replace a lost, stolen or misplaced stock certificate without requiring and being furnished with an open penalty surety bond protecting the Company and the Agent against loss.

Appears in 1 contract

Samples: Shareholder Servicing Agreement (Ivy Fund)

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