Purchases by Issuer. Upon receipt of Proper Instructions, release and deliver securities owned by a Portfolio to the issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that in any such case, the cash or other consideration is to be delivered to Provident.
Appears in 5 contracts
Samples: Riverfront Funds Inc, Riverfront Funds Inc, Riverfront Funds Inc
Purchases by Issuer. Upon receipt of Proper Instructionsproper instructions, to release and deliver securities owned by a Portfolio the Fund to the issuer Issuer thereof or its agent when such securities are called, redeemed, retired or otherwise become payable; provided that that, in any such case, the cash or other consideration is to be delivered to Providentthe Bank.
Appears in 3 contracts
Samples: Custodian Agreement (First Focus Funds Inc), Custodian Agreement (Pc&j Preservation Fund /Oh/), Custodian Agreement (Pc&j Performance Fund)