Common use of Facsimile Communications Clause in Contracts

Facsimile Communications. (a) The Fund hereby authorizes and instructs the Transfer Agent, as transfer agent for the Portfolios listed on Appendix A: (i) to accept facsimile transaction requests on behalf of individual Shareholders received from broker/dealers of record, third-party administrators ("TPAs") or the Fund; (ii) that the broker/dealers, TPAs and the Fund are duly authorized to initiate such transactions on behalf of the Shareholders; and (iii) that the original source documentation is in good order and the broker/dealers, TPAs or the Fund will retain such documentation. (b) The Transfer Agent acknowledges that requests for a change in wiring instructions or for redemptions, the proceeds of which are to be paid to third parties or wired to an account other than the account of record, may not be accepted by facsimile transmission in accordance with the Fund's current prospectus. The Transfer Agent will not accept facsimile requests for the foregoing unless and until such time as the Fund's prospectus permits the acceptance of such instructions by facsimile.

Appears in 11 contracts

Samples: Transfer Agency and Service Agreement (IXIS Advisor Funds Trust I), Transfer Agency and Service Agreement (Hansberger Institutional Series), Transfer Agency and Service Agreement (IXIS Advisor Cash Management Trust)

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Facsimile Communications. (a) The Fund hereby authorizes and instructs the Transfer Agent, as transfer agent for the Portfolios listed on Appendix A: (i) to accept facsimile transaction requests on behalf of individual Shareholders received from broker/dealers of record, third-party administrators ("TPAs") or the Fund; (ii) that the broker/dealers, TPAs and the Fund are duly authorized to initiate such transactions on behalf of the Shareholders; and (iii) that the original source documentation is in good order and the broker/dealers, TPAs or the Fund will retain such documentation. (b) The Transfer Agent acknowledges that requests for a change in wiring instructions or for redemptions, the proceeds of which are to be paid to third parties or wired to an account other than the account of record, may not be accepted by facsimile transmission in accordance with the Fund's ’s current prospectus. The Transfer Agent will not accept facsimile requests for the foregoing unless and until such time as the Fund's ’s prospectus permits the acceptance of such instructions by facsimile.

Appears in 2 contracts

Samples: Transfer Agency and Service Agreement (Hansberger International Series), Transfer Agency and Service Agreement (Gateway Trust)

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