Common use of Money Laundering Prevention Program Clause in Contracts

Money Laundering Prevention Program. The Transfer Agent agrees to perform such agreed anti-money laundering ("AML") functions with respect to purchases of the Funds' shares as the Funds or their agent may delegate to the Transfer Agent from time to time or as the Transfer Agent is otherwise obligated to perform. In accordance with mutually-agreed procedures, the Transfer Agent shall use its best efforts in carrying out such agreed functions consistent with the requirements of the Funds' AML program. The Funds acknowledge that their shareholders (which for this purpose shall mean only shareholders of record) are customers of the Funds and not customers of the Transfer Agent and the Funds retain legal responsibility under the USA PATRIOT Act for AML compliance with respect to transactions in their shares. The Transfer Agent agrees to cooperate with any request from examiners of United States Government agencies having jurisdiction over the Funds for information and records relating to the Funds' AML program and consents to inspection by such examiners for this purpose.

Money Laundering Prevention Program. The Transfer Agent agrees to perform such agreed anti-money laundering ("“AML"”) functions with respect to purchases of the Funds' ’ shares as the Funds or their agent may delegate to the Transfer Agent from time to time or as the Transfer Agent is otherwise obligated to perform. In accordance with mutually-agreed procedures, the Transfer Agent shall use its best efforts in carrying out such agreed functions consistent with the requirements of the Funds' ’ AML program. The Funds acknowledge that their shareholders (which for this purpose shall mean only shareholders of record) are customers of the Funds and not customers of the Transfer Agent and the Funds retain legal responsibility under the USA PATRIOT Act for AML compliance with respect to transactions in their shares. The Transfer Agent agrees to cooperate with any request from examiners of United States Government agencies having jurisdiction over the Funds for information and records relating to the Funds' ’ AML program and consents to inspection by such examiners for this purpose.