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, in conformity with written security procedures established by Transfer Agent and the Fund from time to time, delivered by an Authorized Person or Authorized Trading Person in accordance with the terms of this Agreement and the standard of care provided in Article 10, and Transfer Agent will not be held to have any notice of any change of authority of any person, including any Authorized Person or Authorized Trading Person, until receipt of a Written Instruction thereof from a Fund. Transfer Agent will maintain procedures reasonably designed to promptly respond to changes in the identities of Authorized Persons and Authorized Trading Persons.

Appears in 11 contracts

Samples: Transfer Agency and Services Agreement (Legg Mason Partners Variable Income Trust), Transfer Agency and Services Agreement (Legg Mason Partners Premium Money Market Trust), Transfer Agency and Services Agreement (Legg Mason Global Asset Management Trust)

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Fund Instructions. 6.1 Transfer Agent will not be liable for its acting upon Written or Oral InstructionsInstructions reasonably believed, in conformity with written security procedures established by Transfer Agent and the Fund from time to time, delivered to have been executed by an Authorized Person or Authorized Trading Person in accordance with the terms of this Agreement and the standard of care provided in Article 10, and Transfer Agent will not be held to have any notice of any change of authority of any person, including any Authorized Person or Authorized Trading Person, until receipt of a Written Instruction thereof from a Fund. ; provided, however, Transfer Agent will maintain procedures reasonably designed to promptly respond to changes in the identities of Authorized Persons and Authorized Trading Persons.

Appears in 8 contracts

Samples: Transfer Agency and Services Agreement (Royce Capital Fund), Transfer Agency and Services Agreement (Royce Fund), Transfer Agency and Services Agreement (Legg Mason Partners Variable Income Trust)

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Fund Instructions. 6.1 Transfer Agent will not be liable for its acting upon Written or Oral InstructionsInstructions reasonably believed, in conformity with written security procedures established by Transfer Agent and the Fund from time to time, to have been delivered by an Authorized Person or Authorized Trading Person in accordance with the terms of this Agreement and the standard of care provided in Article 10, and Transfer Agent will not be held to have any notice of any change of authority of any person, including any Authorized Person or Authorized Trading Person, until receipt of a Written Instruction thereof from a Fund. Transfer Agent will maintain procedures reasonably designed to promptly respond to changes in the identities of Authorized Persons and Authorized Trading Persons.

Appears in 5 contracts

Samples: Transfer Agency and Services Agreement (Legg Mason Partners Variable Income Trust), Transfer Agency and Services Agreement (Legg Mason Partners Premium Money Market Trust), Transfer Agency and Services Agreement (Legg Mason Partners Money Market Trust)

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