Common use of Obligation of Sender Clause in Contracts

Obligation of Sender. The Transfer Agent is authorized to promptly debit the appropriate Trust account(s) upon the receipt of a payment order in compliance with the designated security procedure attached hereto as Schedule D chosen for Fund transfer (the “Security Procedure”) and in the amount of money that the Transfer Agent has been instructed to transfer. The Transfer Agent shall execute payment orders in compliance with the Security Procedure and with the Trust’s instructions on the execution date provided that such payment order is received by the customary deadline for processing such a request, unless the payment order specifies a later time. All payment orders and communications received after the customary deadline will be deemed to have been received the next business day.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Asset Management Fund)

AutoNDA by SimpleDocs

Obligation of Sender. The Transfer Agent is authorized to promptly debit the appropriate Trust account(s) upon the receipt of a payment order in compliance with AIT — Independent Franchise Partners the designated security procedure attached hereto as Schedule D chosen for Fund transfer (the “Security Procedure”) chosen for Funds transfer and in the amount of money that the Transfer Agent has been instructed to transfer. The Transfer Agent shall execute payment orders in compliance with the Security Procedure and with the Trust’s instructions on the execution date provided that such payment order is received by the customary deadline for processing such a request, unless the payment order specifies a later time. All payment orders and communications received after the customary deadline will be deemed to have been received the next business day.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Advisers Investment Trust)

Obligation of Sender. The Transfer Agent is authorized to promptly debit the appropriate Trust Fund account(s) upon the receipt of a payment order in compliance with the designated selected security procedure attached hereto as Schedule D chosen for Fund transfer (the “Security Procedure”) ), attached hereto as Schedule C chosen for Fund transfer and in the amount of money that the Transfer Agent has been instructed to transfer. The Transfer Agent shall execute payment orders in compliance with the Security Procedure and with the TrustFund’s instructions on the execution date provided that such payment order is received by the customary deadline for processing such a request, unless the payment order specifies a later time. All payment orders and communications received after the customary deadline will be deemed to have been received the next business day.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Stone Harbor Investment Funds)

Obligation of Sender. The Transfer Agent is authorized to promptly debit the appropriate Trust account(s) of a Fund upon the receipt of a payment order in compliance with the designated security procedure attached hereto as Schedule D chosen for Fund transfer procedures (the “Security ProcedureProcedures”) chosen for funds transfer and in the amount of money that the Transfer Agent has been instructed to transfer. The Transfer Agent shall execute payment orders in compliance with the Security Procedure Procedures and with the Trustapplicable Fund’s instructions on the execution date provided that such payment order is received by the customary deadline for processing such a request, unless the payment order specifies a later time. All payment orders and communications received after the customary deadline will be deemed to have been received the next business day. The Security Procedures in effect as of the date of this Agreement is attached as Exhibit E. The Transfer Agent shall provide prior notice to a Fund of any amendment to the Security Procedures.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Del Rey Global Investors Funds)

Obligation of Sender. The Transfer Agent is authorized to promptly debit the appropriate Trust Company account(s) upon the receipt of a payment order in compliance with the designated security procedure attached hereto as Schedule D chosen for Fund transfer (the “Security Procedure”) chosen by the Company for funds transfer and in the amount of money that the Transfer Agent has been instructed to transfer. The Transfer Agent shall execute payment orders in compliance with the Security Procedure and with the TrustCompany’s instructions Instructions on the execution date provided that such payment order is received by the customary deadline for processing such a request, unless the payment order specifies a later time. All payment orders and communications received after the customary deadline will be deemed to have been received the next business dayBusiness Day.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Harding Loevner Funds Inc)

AutoNDA by SimpleDocs

Obligation of Sender. The Transfer Agent is authorized to promptly debit the appropriate Trust account(s) upon the receipt of a payment order in compliance with the designated selected security procedure (the "Security Procedure"), attached hereto as Schedule D B chosen for Fund Trusts transfer (the “Security Procedure”) and in the amount of money that the Transfer Agent has been instructed to transfer. The Transfer Agent shall execute payment orders in compliance with the Security Procedure and with the Trust’s Trust instructions on the execution date provided that such payment order is received by the customary deadline for processing such a request, unless the payment order specifies a later time. All payment orders and communications received after the customary deadline will be deemed to have been received the next business day.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Advisorone Funds)

Obligation of Sender. The Transfer Agent is authorized to promptly debit the appropriate Trust account(s) upon the receipt of a payment order in compliance with the designated selected security procedure attached hereto as Schedule D chosen for Fund transfer (the “Security Procedure”) chosen by the Trust for fund transfer and in the amount of money that the Transfer Agent has been duly instructed to transfer. The Transfer Agent shall execute payment orders in compliance with the Security Procedure and with the Trust’s Trust written instructions on the execution date provided that such payment order is received by the customary deadline for processing such a request, unless the payment order specifies a later time. All payment orders and communications received after the customary deadline will be deemed to have been received the next business dayBusiness Day.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (AQR Funds)

Time is Money Join Law Insider Premium to draft better contracts faster.