Fund-Only Accounts. If Shares (or appropriate instructions) are received in proper form, at a Fund’s request Shares may be redeemed before the funds are provided to Co-Transfer Agent from the Custodian. If the Accountholder has not directed that redemption proceeds be wired, when the Custodian provides Co-Transfer Agent with funds, the redemption check shall be sent to and made payable to the Accountholder, unless transfer authorizations are signed by the Accountholder when Shares are held in book-entry form.
Appears in 2 contracts
Samples: Co Transfer Agency and Services Agreement (Legg Mason Partners Money Market Trust), Co Transfer Agency and Services Agreement (Legg Mason Partners Income Trust)
Fund-Only Accounts. If Shares (or appropriate instructions) are received in proper form, at a Fund’s request Shares may be redeemed before the funds are provided to Co-Transfer Agent from the Custodian. If the Accountholder recordholder has not directed that redemption proceeds be wired, when the Custodian provides Co-Transfer Agent with funds, the redemption check shall be sent to and made payable to the Accountholderrecordholder, unless transfer authorizations are signed by the Accountholder recordholder when Shares are held in book-entry form.
Appears in 2 contracts
Samples: Transfer Agency and Services Agreement (Legg Mason Partners Variable Income Trust), Transfer Agency and Services Agreement (Legg Mason Global Asset Management Trust)
