Notice to Custodian and the Funds. When Shares are redeemed, the Transfer Agent shall, upon receipt of the instructions and documents in proper form, deliver to the Funds' Custodian and to the Funds or their designee a notification setting forth the number of Shares to be redeemed. Such redeemed Shares shall be reflected on appropriate accounts maintained by the Transfer Agent reflecting outstanding Shares of the Funds involved and Shares attributed to individual accounts.
Appears in 6 contracts
Samples: Transfer Agency and Registrar Agreement (St Clair Funds Inc), Transfer Agency and Registrar Agreement (Munder Framlington Funds Trust), Combined Transfer Agency and Registrar Agreement (Munder Framlington Funds Trust)
Notice to Custodian and the Funds. When Shares are redeemed, the Transfer Agent shall, upon receipt of the instructions and documents in proper form, deliver to the Funds' β Custodian and to the Funds or their designee a notification setting forth the number of Shares to be redeemed. Such redeemed Shares shall be reflected on appropriate accounts maintained by the Transfer Agent reflecting outstanding Shares of the Funds involved and Shares attributed to individual accounts.
Appears in 3 contracts
Samples: Transfer Agency and Registrar Agreement (Munder Series Trust), Transfer Agency and Registrar Agreement (Munder Series Trust Ii), Transfer Agency and Registrar Agreement (Munder Series Trust)
