Red Flags Services Clause Samples

Red Flags Services. (1) DTI will provide each Fund with the "Red Flags Services", which is hereby defined to mean the following services:

Red Flags Services. In the event the Fund elects to receive the Red Flags Services, the provisions of Schedule C, which is hereby incorporated by reference into this Agreement as if fully set forth herein, shall apply.

Red Flags Services. (1) BNYMTI will provide each Fund with the “Red Flags Services”, which is hereby defined to mean the following services: (i) BNYMTI will maintain written controls reasonably designed to detect the occurrence of Red Flags (as defined below) in connection with (i) account opening and other account activities and transactions conducted directly through BNYM with respect to Direct Accounts (as defined below), and (ii) transactions effected directly through BNYMTI by Covered Persons (as defined below) in Covered Accounts (as defined below). Such controls, as they may be revised from time to time hereunder, are referred to herein as the “Controls”. Solely for purposes of this Section 3(c), the capitalized terms below will have the respective meaning ascribed to each:

Red Flags Services. In the event the Fund elects to receive the Red Flags Services, the provisions of Appendix B, which is hereby incorporated by reference into this Agreement as if fully set forth herein, shall apply.

Red Flags Services. The provisions of this Section 4.6 (the “Red Flags Section”) shall apply in connection with the provision of Ultimus’s “Red Flags Services”, which are hereby defined to mean the following services: 4.6.1. Ultimus will maintain written controls reasonably designed to detect the occurrence of Red Flags (as defined below) in connection with (i) account opening and other account activities and transactions conducted directly through Ultimus with respect to Direct Accounts, and (ii) transactions effected directly through Ultimus by Covered Persons in Covered Accounts. Such controls, as they may be revised from time to time hereunder, are referred to herein as the “Controls”. Solely for purposes of the Red Flags Section, the capitalized terms below will have the respective meaning ascribed to each:

Red Flags Services. The Fund hereby engages PNC to perform Red Flags Services as described in Appendix B, which is hereby incorporated by reference into this Agreement as if fully set forth herein.

Red Flags Services. (a) The provisions of this Appendix B shall apply in the event the Fund elects to receive Red Flags Services. Section 3(c) of the Agreement together with this Appendix B is referred to collectively as the “Red Flags Section.” (b) PNC agrees to provide the Fund with the “Red Flags Services,” which is hereby defined to mean the following services: (i) PNC will maintain written controls reasonably designed to detect the occurrence of Red Flags (as defined below) in connection with (i) account opening and other account activities and transactions conducted directly through PNC with respect to Direct Accounts (as defined below), and (ii) transactions effected directly through PNC by Covered Persons (as defined below) in Covered Accounts (as defined below). Such controls, as they may be revised from time to time hereunder, are referred to herein as the “Controls.” Solely for purposes of the Red Flags Section, the capitalized terms below will have the respective meaning ascribed to each:

Red Flags Services. (1) The provisions of this Section 3(c) (the “Red Flags Section”) shall apply in the event the Fund elects to receive the “Red Flags Services”, which are hereby defined to mean the following services: (i) BNYM will maintain written controls reasonably designed to detect the occurrence of Red Flags (as defined below) in connection with (i) account opening and other account activities and transactions conducted directly through BNYM with respect to Direct Accounts (as defined below), and (ii) transactions effected directly through BNYM by Covered Persons (as defined below) in Covered Accounts (as defined below). Notwithstanding the foregoing, the Fund acknowledges: (i) that as described in Section 1, no account owner of a Direct Account will directly conduct account openings or other account activities or transactions with BNYM and no Covered Person will directly effect transactions through BNYM, (ii) that solely the Fund or its agents will conduct such activities with shareholders and prospective shareholders, (iii) that, as a consequence, BNYM will not have the direct contact contemplated by the first sentence of this Section 3(c)(1)(i), and (iv) that BNYM will use the controls described in the first sentence of this Section 3(c)(1)(i) to attempt to reasonably detect the occurrence of Red Flags solely from the data and information inputted into the BNYM System by the Fund with respect to the account openings and other account activities and transactions conducted by owners of Direct Accounts and by Covered Persons. The Fund shall have sole and exclusive responsibility for detecting the occurrence of Red Flags in connection with (i) account opening and other account activities and transactions conducted directly through the Fund or its agents (other than BNYM) with respect to Direct Accounts, and (ii) transactions effected directly through the Fund or its agents (other than BNYM) by Covered Persons in Covered Accounts. The controls of BNYM, as they may be revised from time to time hereunder, are referred to herein as the “Controls”. Solely for purposes of the Red Flags Section, the capitalized terms below will have the respective meaning ascribed to each:

Red Flags Services. (1) The provisions of this Section 3(c) (the ”Red Flags Section”) shall apply in the event the Fund elects to receive the ”Red Flags Services”, which are hereby defined to mean the following services: (i) BNYM will maintain written controls reasonably designed to detect the occurrence of Red Flags (as defined below) in connection with (i) account opening and other account activities and transactions conducted directly through BNYM with respect to Direct Accounts (as defined below), and (ii) transactions effected directly through BNYM by Covered Persons (as defined below) in Covered Accounts (as defined below). Such controls, as they may be revised from time to time hereunder, are referred to herein as the ”Controls”. Solely for purposes of the Red Flags Section, the capitalized terms below will have the respective meaning ascribed to each: (A) Red Flag” means a pattern, practice, or specific activity or a combination of patterns, practices or specific activities which may indicate the possible existence of Identity Theft (as defined below) affecting a Registered Owner (as defined below) or a Covered Person. (B) Identity Theft” means a fraud committed or attempted using the identifying information of another person without authority.