Receipt of Funds for Investment. CMISC will maintain one or more accounts with its cash management bank into which it will deposit funds payable to CMISC as agent for, or otherwise identified as being for the account of, each Fund, and will promptly thereafter deposit such funds in the Fund’s account with its custodian (the “Custodian”) and notify the Fund of such deposits in writing.
Appears in 9 contracts
Samples: Transfer and Dividend Disbursing Agent Agreement (Columbia Funds Variable Series Trust II), Transfer and Dividend Disbursing Agent Agreement (Columbia Funds Variable Insurance Trust), Transfer and Dividend Disbursing Agent Agreement (Columbia Funds Variable Series Trust II)
Receipt of Funds for Investment. CMISC will maintain one or more accounts with its cash management bank into which it will deposit funds payable to CMISC as agent for, or otherwise identified as being for the account of, each Fund, and will promptly thereafter deposit such funds in the Fund’s account with its custodian (the “Custodian”) and notify the Fund of such deposits in writingwriting (which may be in electronic format).
Appears in 3 contracts
Samples: Shareholder Services Agreement (Columbia Funds Variable Series Trust II), Shareholder Services Agreement (Columbia Funds Variable Series Trust II), Shareholder Services Agreement (Columbia Funds Variable Insurance Trust)
