Common use of Limit of Authority Clause in Contracts

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Fund, the appointment of IFTC as Transfer Agent will be construed to cover the full amount of authorized stock of the class or classes for which IFTC is appointed as the same will, from time to time, be constituted and any subsequent increases in such authorized amount. In case of such increase Fund will file with IFTC:

Appears in 3 contracts

Samples: Agency Agreement (Cowen Income Plus Growth Fund Inc), Agency Agreement (Cowen Standby Reserve Fund Inc), Agency Agreement (Cowen Funds Inc)

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Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Fund, the appointment of IFTC as Transfer Agent will be construed to cover the full amount of authorized stock of the class or classes for which IFTC is appointed as the same will, from time to time, be constituted constituted, and any subsequent increases in such authorized amount. In case of such increase Fund will file with IFTC:

Appears in 3 contracts

Samples: Agency Agreement (One Hundred Fund Inc), Agency Agreement (Berger One Hundred & One Fund Inc), Agency Agreement (Jackson National Capital Management Funds)

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Fund, the appointment of IFTC as Transfer Agent will be construed to cover the full amount of authorized stock shares of the class or classes for which IFTC is appointed as the same will, from time to time, be constituted constituted, and any subsequent increases in such authorized amount. In case of such increase Fund will file with IFTC:.

Appears in 1 contract

Samples: Agency Agreement (Mentor Funds)

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Fund, the appointment of IFTC as Transfer Agent will be construed to cover the full amount of authorized stock of the class or classes for which IFTC is appointed as the same will, from time to time, be constituted and any subsequent increases in such authorized amount. 5 In case of such increase Fund will file with IFTC:

Appears in 1 contract

Samples: Agency Agreement (Cowen Standby Tax Exempt Reserve Fund Inc)

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Fund, the appointment of IFTC as Transfer Agent will be construed to cover the full amount of authorized stock shares of beneficial interest of the class or classes for which IFTC is appointed as the same will, from time to time, be constituted constituted, and any subsequent increases in such authorized amount. In case of such increase Fund will file with IFTC:

Appears in 1 contract

Samples: Agency Agreement (Berger Investment Portfolio Trust)

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Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Fund, the appointment of IFTC as Transfer Agent will be construed to cover the full amount of authorized stock the shares of the class or classes beneficial interest for which IFTC is appointed as the same will, from time to time, be constituted constituted, and any subsequent increases in such authorized amount. In case of such increase Fund will file with IFTC:

Appears in 1 contract

Samples: Agency Agreement (Pimco Funds)

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Fund, the appointment of IFTC as Transfer Agent will be construed to cover the full amount of authorized stock shares of the class or classes for which IFTC is appointed as the same will, from time to time, be constituted constituted, and any subsequent increases in such authorized amount. In case of such increase Fund will file with IFTC:6.

Appears in 1 contract

Samples: Agency Agreement (Mentor Funds)

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Fund, the appointment of IFTC as Transfer Agent will be construed to cover the full amount of authorized stock of for the class or classes for which IFTC is appointed as the same will, from time to time, be constituted and any subsequent increases in such authorized amount. In case of such increase Fund will file with IFTC:

Appears in 1 contract

Samples: Agency Agreement (Seligman Portfolios Inc/Ny)

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