Interest on Late Settlement. If Fund Company does not settle redemption orders on Settlement Date and has not contacted Schwab by 7:00 p.m. Eastern Time on trade date to discuss such extension of settlement (even if such extension is due to a systems problem unknown on trade date), then Schwab may, at its option, take any or all of the actions set forth below.
Appears in 7 contracts
Samples: Operating Agreement (Pacific Global Fund Inc), Operating Agreement (GMO Series Trust), Operating Agreement (First Focus Funds Inc)