Common use of Non-Repetitive Funds Transfers Clause in Contracts

Non-Repetitive Funds Transfers. Non-repetitive funds transfers may be initiated via facsimile by Principal or Appointed Person after Custodian has performed a call back to a different Appointed Person and has verified that the individual whose signature appears on the funds transfer request is an Appointed Person. If Principal selects this security procedure for non-repetitive funds transfers, Principal acknowledges that Principal may assume a greater risk of unauthorized transfers than with the other procedures offered by Custodian.

Appears in 4 contracts

Samples: Custodian Agreement (Advisors Inner Circle Fund), Custodian Agreement (Advisors Inner Circle Fund), Custodian Agreement (Advisors Inner Circle Fund)

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Non-Repetitive Funds Transfers. Non-repetitive funds transfers may be initiated via facsimile by Principal or Appointed Person after Custodian has performed a call back to a different Appointed Person and has verified that the individual whose signature appears on the funds transfer request is an Appointed Person. If if Principal selects this security procedure for non-repetitive funds transfers, Principal acknowledges that Principal may assume a greater risk of unauthorized transfers than with the other procedures offered by Custodian.

Appears in 2 contracts

Samples: Custodian Agreement (Advisors' Inner Circle Fund), Custodian Agreement (Advisors Inner Circle Fund)

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Non-Repetitive Funds Transfers. Non-repetitive funds transfers may be initiated via facsimile by Principal or Appointed Person after Custodian has performed a call back to a different Appointed Person and has verified that the individual whose signature appears on the funds transfer request is an Appointed Person. If Principal selects this security procedure for non-repetitive funds transfers, Principal acknowledges that Principal may assume a greater risk of unauthorized transfers than with the other procedures procedure offered by Custodian.

Appears in 1 contract

Samples: Custodian Agreement (Willamette Funds)

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