Common use of Insufficient Funds for Payments Clause in Contracts

Insufficient Funds for Payments. If the Transfer Agent does not -------------------------------- receive sufficient cash from the Custodian to make total dividend and/or distribution payments to all shareholders of a Portfolio of the Trust as of the record date, the Transfer Agent will, upon notifying the Trust, withhold payment to all shareholders of record as of the record date until such sufficient cash is provided to the Transfer Agent.

Appears in 2 contracts

Samples: Transfer Agency Agreement (Weiss Peck & Greer International Fund), Transfer Agency Agreement (Weiss Peck & Greer Funds Trust /Ma)

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Insufficient Funds for Payments. If the Transfer Agent or its agent does not -------------------------------- receive sufficient cash from the Custodian to make total dividend and/or distribution payments to all shareholders of a Portfolio of the Trust Company as of the record date, the Transfer Agent or its agent will, upon notifying the TrustCompany, withhold payment to all shareholders Shareholders of record as of the record date until such sufficient cash is provided to the Transfer AgentAgent or its agent.

Appears in 2 contracts

Samples: Transfer Agency and Registrar Agreement (St Clair Funds Inc), Transfer Agency and Registrar Agreement (St Clair Funds Inc)

Insufficient Funds for Payments. If the Transfer Agent does -------------------------------- not -------------------------------- receive sufficient cash from the Custodian to make total dividend and/or distribution payments to all shareholders of a Portfolio of the Trust as of the record date, the Transfer Agent will, upon notifying the Trust, withhold payment to all shareholders of record as of the record date until such sufficient cash is provided to the Transfer Agent.

Appears in 1 contract

Samples: Transfer Agency Agreement (WPG Tudor Fund)

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Insufficient Funds for Payments. If the Transfer Agent does not -------------------------------- receive sufficient cash from the Custodian custodian to make total dividend and/or distribution payments to all shareholders of a Portfolio of the Trust as of the record date, the Transfer Agent will, upon notifying the Trust, withhold payment to all shareholders of record as of the record date until such sufficient cash is provided to the Transfer Agent.

Appears in 1 contract

Samples: Transfer Agency Agreement (WPG Growth Fund)

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