Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless: (i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or (ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 10 contracts
Samples: Transfer Agency Services Agreement (Eii Realty Securities Fund), Transfer Agency Services Agreement (Driehaus Mutual Funds), Transfer Agency Services Agreement (Hilliard Lyons Investment Trust)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder record holder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 7 contracts
Samples: Transfer Agency Services Agreement (Rodney Square Strategic Fixed Income Fund), Transfer Agency Services Agreement (Rodney Square Strategic Fixed Income Fund), Transfer Agency Services Agreement (CRM Mutual Fund Trust)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 7 contracts
Samples: Transfer Agency Services Agreement (Equitable Trust/Ny/), Transfer Agency Services Agreement (Alleghany Funds), Transfer Agency Services Agreement (Kalmar Pooled Investment Trust)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of TrusteesDirectors. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 4 contracts
Samples: Transfer Agency Services Agreement (Gamna Series Funds Inc), Transfer Agency Services Agreement (Citizens Funds), Transfer Agency Services Agreement (Citizens Funds)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate declaration of incorporation trust or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectusapplicable prospectus and SAI, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, the redemption of such Shares shall be redeemed recorded before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer transfer authorizations are signed by the recordholder when Shares are held in book-entry form, in which case the proceeds from such redemption will be paid as instructed. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check proceeds to the broker-dealer and made payable to the broker-dealer on behalf of its customerdealer.
Appears in 2 contracts
Samples: Transfer Agency Services Agreement (Ivy Fund), Transfer Agency Services Agreement (Mackenzie Investment Management Inc)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Directors or Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 2 contracts
Samples: Transfer Agency Services Agreement (Lmi Funds), Transfer Agency Services Agreement (Van Wagoner Funds Inc)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of TrusteesDirectors. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 2 contracts
Samples: Transfer Agency Services Agreement (Fremont Mutual Funds Inc), Transfer Agency Services Agreement (Pic Investment Trust)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of TrusteesDirectors. Shares shall be redeemed and payment therefor therefore shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Pax World Money Market Fund Inc)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder record holder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.. Exhibit h(1)
Appears in 1 contract
Samples: Transfer Agency Services Agreement (CRM Mutual Fund Trust)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of TrusteesDirectors. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when . When the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered Surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry bookentry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (BFM Institutional Trust Inc)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered Surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.made
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Weiss Treasury Fund)
Redemption of Shares. PFPC SERVICE COMPANY shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form good order and directs the method of redemption. If Shares are received in proper formgood order, Shares shall be redeemed before the funds are provided to PFPC SERVICE COMPANY from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC SERVICE COMPANY with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When In accordance with the provisions of the Funds' prospectus, when a broker-dealer dealer, or other qualified financial institution, notifies PFPC SERVICE COMPANY of a redemption desired by a customershareholder, and the Custodian provides PFPC SERVICE COMPANY with funds, PFPC SERVICE COMPANY shall prepare and send the redemption check check, or wire, to the order of the broker-dealer and made payable to or other qualified financial institution, for the broker-dealer on behalf benefit of its customerthe shareholder.
Appears in 1 contract
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of TrusteesDirectors. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectusprospectus and the 1940 Act, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered Surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
or (ii) Transfer authorizations are signed by the recordholder when Shares are held in book-book- entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, customer and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Needham Funds Inc)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate Agreement and Declaration of incorporation Trust or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectusRegistration Statement, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Harvest Funds //)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When In accordance with the provisions of the Funds' prospectus, when a broker-dealer dealer, or other qualified financial institution, notifies PFPC of a redemption desired by a customershareholder, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check check, or wire, to the order of the broker-dealer and made payable to or other qualified financial institution, for the broker-dealer on behalf benefit of its customerthe shareholder.
Appears in 1 contract
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate Trust's Declaration of incorporation Trust or resolution of the FundTrust's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the FundTrust's prospectus, when the recordholder tenders Shares submits the redemption in proper form and directs the method of redemption. If Shares are a redemption submission is received in proper form, Shares shall be redeemed before the funds Trusts are provided to PFPC from the FundTrust's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with fundsTrusts, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with fundsTrusts, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Hambrecht & Quist Fund Trust)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate Trust's Declaration of incorporation Trust or resolution of the FundTrust's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the FundTrust's prospectus, when the recordholder tenders Shares submits the redemption in proper form and directs the method of redemption. If Shares are a redemption submission is received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the FundTrust's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Hambrecht & Quist Fund Trust)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the FundPortfolio's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the FundPortfolio's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Haven Capital Management Trust)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of TrusteesDirectors. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer registered address and made payable to the broker-dealer registered shareholder on behalf of its customer.
Appears in 1 contract
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of TrusteesDirectors. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, prospectus when the recordholder record holder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder record holder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholderrecord holder, unless:
(i) the The surrendered certificate is drawn to the order of an assignee or holder and the transfer authorization is signed by the recordholderrecord holder; or
(ii) Transfer authorizations are signed by the recordholder record holder when Shares are held in book-book- entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Pax World Growth Fund Inc)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's ’s Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's ’s prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's ’s custodian (the "“Custodian"”). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Eii Realty Securities Trust)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when . When the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered Surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Harris Insight Funds Trust)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fundfund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides provide PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customerCustomer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customerCustomer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Rodney Square Strategic Equity Fund)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the FundTrust's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the FundTrust's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds Trusts are provided to PFPC from the FundTrust's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with fundsTrusts, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Blackrock 2012 Term Trust)
Redemption of Shares. PFPC shall redeem Shares shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares shares in proper form and directs the method of redemption. If Shares shares are received in proper form, Shares shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Advantage Advisers Multi - Sector Fund I)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's ’s Board of Directors or Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's ’s prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's ’s custodian (the "“Custodian"”). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) : the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer or transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Aal Mutual Funds)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation trust or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send make the redemption check to the broker-dealer and made payable payment to the broker-dealer on behalf of its customer.
Appears in 1 contract
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of TrusteesDirectors. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholdertherecord holder, unless:
(i) the The surrendered certificate is drawn to the order of an assignee or holder and the transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Pax World High Yield Fund Inc)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer authorizations are signed by the recordholder when Shares are held in book-book- entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (FBR Family of Funds)
Redemption of Shares. PFPC The Transfer Agent shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC the Transfer Agent from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC the Transfer Agent with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC the Transfer Agent of a redemption desired by a customer, and the Custodian provides PFPC the Transfer Agent with funds, PFPC the Transfer Agent shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Monument Series Fund Inc)
Redemption of Shares. PFPC shall redeem Shares only if that -------------------- function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Directors or Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (TCW Galileo Funds Inc)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer acting under and authorized by a Trading Agreement with the Fund notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the in accord with such authorized broker-dealer and made payable to the broker-dealer on behalf of its customerdealer's instructions.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Longleaf Partners Funds Trust)
Redemption of Shares. PFPC shall redeem Shares only if that function is properly authorized by the certificate of incorporation or resolution of the Fund's Board of Trustees. Shares shall be redeemed and payment therefor shall be made in accordance with the Fund's prospectus, when the recordholder tenders Shares in proper form and directs the method of redemption. If Shares are received in proper form, Shares shall be redeemed before the funds are provided to PFPC from the Fund's custodian (the "Custodian"). If the recordholder has not directed that redemption proceeds be wired, when the Custodian provides PFPC with funds, the redemption check shall be sent to and made payable to the recordholder, unless:
(i) the surrendered certificate is drawn to the order of an assignee or holder and transfer authorization is signed by the recordholder; or
(ii) Transfer transfer authorizations are signed by the recordholder when Shares are held in book-entry form. When a broker-dealer notifies PFPC of a redemption desired by a customer, and the Custodian provides PFPC with funds, PFPC shall prepare and send the redemption check to the broker-dealer and made payable to the broker-dealer on behalf of its customer.
Appears in 1 contract
Samples: Transfer Agency Services Agreement (Axa Premier Funds Trust)