Common use of Lost Shareholders Clause in Contracts

Lost Shareholders. (i) PNC shall perform such services as are required in order to comply with Rule 17Ad-17 of the 1934 Act (the “Lost Shareholder Rule”), including, but not limited to, those set forth below. PNC may, in its sole discretion, use the services of a third party to perform some of or all such services. (A) documentation of search policies and procedures; (B) execution of required searches; (C) tracking results and maintaining data sufficient to comply with the Lost Shareholder Rule; and (D) preparation and submission of data required under the Lost Shareholder Rule. (ii) PNC shall provide abandoned property escheatment services in accordance with its Written Procedures (as defined at Section 20) (iii) Notwithstanding the foregoing, PNC shall have no duty or obligation under this Section 2(m) to perform any services described in this Section 2(m) on any shareholder accounts that are broker-controlled accounts or omnibus accounts or are accounts which otherwise contain insufficient information to permit PNC to identify and depict “RPO” status or otherwise perform the described services for persons holding through such accounts. Except as set forth above, PNC shall have no responsibility for any escheatment services.

Lost Shareholders. (i) PNC shall perform such services as are required in order to comply with Rule 17Ad-17 of the 1934 Act (the “Lost Shareholder Rule”), including, but not limited to, those set forth below. PNC may, in its sole discretion, use the services of a third party to perform some of or all such services. (A) documentation of search policies and procedures; (B) execution of required searches; (C) tracking results and maintaining data sufficient to comply with the Lost Shareholder Rule; and (D) preparation and submission of data required under the Lost Shareholder Rule. (ii) PNC shall provide abandoned property escheatment services in accordance with its Written Procedures (as defined at Section 20) ) (iii) Notwithstanding the foregoing, PNC shall have no duty or obligation under this Section 2(m) to perform any services described in this Section 2(m) on any shareholder accounts that are broker-controlled accounts or omnibus accounts or are accounts which otherwise contain insufficient information to permit PNC to identify and depict “RPO” status or otherwise perform the described services for persons holding through such accounts. Except as set forth above, PNC shall have no responsibility for any escheatment services.

Lost Shareholders. (i) PNC shall perform such services as are required in order to comply with Rule 17Ad-17 of the 1934 Act (the “"Lost Shareholder Rule”"), including, but not limited to, those set forth below. PNC may, in its sole discretion, use the services of a third party to perform some of or all such services. (A) documentation of search policies and procedures; (B) execution of required searches; (C) tracking results and maintaining data sufficient to comply with the Lost Shareholder Rule; and (D) preparation and submission of data required under the Lost Shareholder Rule. (ii) PNC shall provide abandoned property escheatment services in accordance with its Written Procedures (as defined at Section 20) (iii) Notwithstanding the foregoing, PNC shall have no duty or obligation under this Section 2(m) to perform any services described in this Section 2(m) on any shareholder accounts that are broker-controlled accounts or omnibus accounts or are accounts which otherwise contain insufficient information to permit PNC to identify and depict “"RPO” " status or otherwise perform the described services for persons holding through such accounts. Except as set forth above, PNC shall have no responsibility for any escheatment services.

Lost Shareholders. (i) PNC shall perform such services as are required in order to comply with Rule 17Ad-17 of the 1934 Act (the “Lost Shareholder Rule”), including, but not limited to, those set forth below. PNC may, in its sole discretion, use the services of a third party to perform some of or all such services. (A) documentation of search policies and procedures; (B) execution of required searches; (C) tracking results and maintaining data sufficient to comply with the Lost Shareholder Rule; and (D) preparation and submission of data required under the Lost Shareholder Rule. (ii) PNC shall provide abandoned property escheatment services in accordance with its Written Procedures (as defined at Section 20) ). (iii) Notwithstanding the foregoing, PNC shall have no duty or obligation under this Section 2(m) to perform any services described in this Section 2(m) on any shareholder accounts that are broker-controlled accounts or omnibus accounts or are accounts which otherwise contain insufficient information to permit PNC to identify and depict “RPO” status or otherwise perform the described services for persons holding through such accounts. Except as set forth above, PNC shall have no responsibility for any escheatment services.

Lost Shareholders. (i) PNC shall perform such services as are required in order to comply with Rule 17Ad-17 of the 1934 Act (the “Lost Shareholder Rule”), including, but not limited to, those set forth below. PNC may, in its sole discretion, use the services of a third party to perform some of or all such services; provided however that any third party will be held to a substantially similar Standard of Care and duty to protect Confidential Information as set forth herein. (Ai) documentation of search policies and procedures; (Bii) execution of required searches; (Ciii) tracking results and maintaining data sufficient to comply with the Lost Shareholder Rule; and (Div) preparation and submission of data required under the Lost Shareholder Rule. (ii) PNC shall provide abandoned property escheatment services in accordance with its Written Procedures (as defined at Section 20) (iii) . Notwithstanding the foregoing, PNC shall have no duty or obligation under this Section 2(m12(k) to perform any services described in this Section 2(m12(k) on any shareholder accounts that which are broker-controlled accounts or omnibus accounts or are accounts which otherwise contain insufficient information to permit PNC to identify and depict “RPO” status or otherwise perform the described services for persons holding through such accounts. Except as set forth above, PNC shall have no responsibility for any escheatment services.