Common use of Fund Instructions Clause in Contracts

Fund Instructions. 6.1 Transfer Agent will not be liable for its acting upon Written or Oral Instructions reasonably believed to have been executed by an Authorized Person and executed in accordance with the standard of care provided in Section 10, and Transfer Agent will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from a Fund. Transfer Agent will also have no liability when processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of a Fund and the proper countersignature of Transfer Agent.

Appears in 61 contracts

Samples: Transfer Agency and Services Agreement (Western Asset High Income Opportunity Fund Inc.), Transfer Agency and Services Agreement (Western Asset Middle Market Debt Fund Inc.), Transfer Agency and Services Agreement (ClearBridge Energy MLP Total Return Fund Inc.)

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Fund Instructions. 6.1 7.1 The Transfer Agent will not be liable have no liability when acting for its acting upon a Fund in accordance with Written or Oral Instructions reasonably believed to have been executed or orally communicated by an Authorized Person of the Fund and executed in accordance with the standard of care provided in Section 10, and Transfer Agent will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from a the Fund. The Transfer Agent will also have no liability when processing Share certificates for a Fund which it reasonably believes to bear the proper manual or facsimile signatures of the officers of a the Fund and the proper countersignature of the Transfer Agent.

Appears in 38 contracts

Samples: Transfer Agency and Services Agreement (Nations Separate Account Trust), Transfer Agency and Services Agreement (Nations Institutional Reserves), Transfer Agency and Services Agreement (Nations Fund Inc)

Fund Instructions. 6.1 Transfer Agent will not be liable for its acting upon Written or Oral Instructions reasonably believed to have been executed delivered by an Authorized Person and executed in accordance with the terms of this Agreement and the standard of care provided in Section Article 10, and Transfer Agent will not be held to have any notice of any change of authority of any person person, including any Authorized Person, until receipt of a Written Instruction thereof from a Fund. Transfer Agent will also have no liability when processing Share certificates which it maintain written procedures reasonably believes designed to bear promptly respond to changes in the proper manual or facsimile signatures identities of the officers of a Fund and the proper countersignature of Transfer AgentAuthorized Persons.

Appears in 10 contracts

Samples: Transfer Agency and Services Agreement (Western Asset Global High Income Fund Inc.), Transfer Agency and Services Agreement (Western Asset Managed Municipals Fund Inc.), Transfer Agency and Services Agreement (Western Asset High Income Fund Ii Inc.)

Fund Instructions. 6.1 5.1 The Transfer Agent will not be liable for its have no liability when acting upon Written or Oral Instructions reasonably believed to have been executed or orally communicated by an Authorized Person and executed in accordance with the standard of care provided in Section 10, and Transfer Agent will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from a the Fund. The Transfer Agent will also have no liability when processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of a the Fund and the proper countersignature of the Transfer Agent.

Appears in 4 contracts

Samples: Transfer Agency and Services Agreement (Northstar Equity Trust), Transfer Agency and Services Agreement (Northstar Advantage Trust), Transfer Agency Agreement (Northstar Advantage Government Securities Fund)

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Fund Instructions. 6.1 Transfer Agent will not be liable for its acting upon Written or Oral Instructions reasonably believed to have been executed by an Authorized Person and executed in accordance with the standard of care provided in Section 10, and Transfer Agent will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from a Fund. Transfer Agent will also aiso have no liability when processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of a Fund and the proper countersignature of Transfer Agent.

Appears in 2 contracts

Samples: Transfer Agency and Services Agreement (Western Asset Middle Market Income Fund Inc.), Transfer Agency and Services Agreement (Clearbridge American Energy MLP Fund Inc.)

Fund Instructions. 6.1 7.1. The Transfer Agent will not be liable have no liability when acting for its acting upon a Fund in accordance with Written or Oral Instructions reasonably believed to have been executed or orally communicated by an Authorized Person of the Fund and executed in accordance with the standard of care provided in Section 10, and Transfer Agent will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from a the Fund. The Transfer Agent will also have no liability when processing Share certificates for a Fund which it reasonably believes to bear the proper manual or facsimile signatures of the officers of a the Fund and the proper countersignature of the Transfer Agent.

Appears in 1 contract

Samples: Agency and Services Agreement (Nations Fund Portfolios Inc)

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