REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either: (a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor. B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests. C. Countrywide shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information. D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 0, Xxxxxxxxx 10, and this Paragraph 12 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 7 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Bjurman Funds), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Winter Harbor Fund), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Albemarle Investment Trust/)
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 0Paragraph 7, Xxxxxxxxx 10Parxxxxxx 00, and this Paragraph xxx xxxx Xxragraph 12 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 6 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Lake Shore Family of Funds), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Maplewood Investment Trust /Ma/), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Wells Family of Real Estate Funds)
REDEMPTIONS AND EXCHANGES. A. Countrywide Integrated shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideIntegrated. Upon its approval of such redemption transactions, CountrywideIntegrated, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide Integrated shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide Integrated and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired subject to approval and verification of the appropriate amounts by the Trust in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideIntegrated. If Countrywide Integrated or the Trust determines that a request for redemption does not comply with the requirements for redemptionsredemptions in accordance with the Trust's then current prospectus and statement of additional information, Countrywide Integrated shall promptly notify the shareholder indicating the reason therefortherefore.
B. If shares of the Trust a Fund are eligible for exchange with shares of any other investment company, CountrywideIntegrated, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agentTrust, shall review and approve all exchange requests and shall, on behalf of the TrustFund's shareholders, process such approved exchange requests.
C. Countrywide Integrated shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor therefore in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide Integrated and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide Integrated to perform its responsibilities under Xxxxxxxxx 0Paragraph 3, Xxxxxxxxx 10Paragraph 5, and this Paragraph 12 shall xxxx Xxxxxxxxx 00 xxxll be suspended with respect to any series of the Trust Fund upon receipt of notification by it of the suspension of the determination of such series' Fund's net asset value.
Appears in 6 contracts
Samples: Transfer Agency Agreement (Touchstone Strategic Trust), Transfer Agency Agreement (Touchstone Investment Trust), Transfer Agency Agreement (Touchstone Funds Group Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide The T/A shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. the T/A. Upon its approval of such redemption transactions, Countrywidethe T/A, if requested by the Trust, shall mail to the shareholder investor and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide the T/A shall either:
: (a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer or employee of Countrywide the T/A and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System system or by bank wire, cause such proceeds to be wired in federal funds to the commercial bank account designated by the shareholderinvestor, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. the T/A. If Countrywide the T/A or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide the T/A shall promptly notify the shareholder investor and/or dealer of record indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywidethe T/A, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide The T/A shall notify the TrustCustodian, the Custodian Underwriter and the Underwriter Trust on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1214, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. .
D. Procedures for effecting redemption orders accepted from shareholders investors or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide the T/A and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. E. The authority of Countrywide the T/A to perform its responsibilities under Xxxxxxxxx 0, Xxxxxxxxx 10, 12 and this Paragraph 12 14 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' the Trust's net asset value.
Appears in 5 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Touchstone Tax Free Trust), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Countrywide Investment Trust), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Touchstone Strategic Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide The T/A shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. the T/A. Upon its approval of such redemption transactions, Countrywidethe T/A, if requested by the Trust, shall mail to the shareholder investor and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide the T/A shall either:
: (a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer or employee of Countrywide the T/A and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System system or by bank wire, cause such proceeds to be wired in federal funds to the commercial bank account designated by the shareholderinvestor, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. the T/A. If Countrywide the T/A or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide the T/A shall promptly notify the shareholder investor and/or dealer of record indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywidethe T/A, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide The T/A shall notify the TrustCustodian, the Custodian Underwriter and the Underwriter Trust on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1214, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. .
D. Procedures for effecting redemption orders accepted from shareholders investors or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide the T/A and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. E. The authority of Countrywide the T/A to perform its responsibilities under Xxxxxxxxx 0Paragraph 8, Xxxxxxxxx 10, and this Paragraph 12 Paxxxxxxx 00 xxx xxxx Xxragraph 14 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' the Trust's net asset value.
Appears in 5 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Countrywide Investment Trust), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Countrywide Tax Free Trust), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Countrywide Strategic Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1211, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 0, Xxxxxxxxx 109, and this Paragraph 12 11 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 3 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Clearbrook Funds), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Gannett Welsh & Kotler Funds), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Check Investment Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide Integrated shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideIntegrated. Upon its approval of such redemption transactions, CountrywideIntegrated, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide Integrated shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide Integrated and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideIntegrated. If Countrywide Integrated or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide Integrated shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, CountrywideIntegrated, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide Integrated shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide Integrated and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide Integrated to perform its responsibilities under Xxxxxxxxx 0Paragraph 7, Xxxxxxxxx Paragraph 10, and this Paragraph 12 xxx xxxx Xxxxxxxxx 00 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 2 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (James Funds), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Albemarle Investment Trust/)
REDEMPTIONS AND EXCHANGES. A. Countrywide The T/A shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. the T/A. Upon its approval of such redemption transactions, Countrywidethe T/A, if requested by the Trust, shall mail to the shareholder investor and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide the T/A shall either:
: (a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer or employee of Countrywide the T/A and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System system or by bank wire, cause such proceeds to be wired in federal funds to the commercial bank account designated by the shareholderinvestor, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. the T/A. If Countrywide the T/A or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide the T/A shall promptly notify the shareholder investor and/or dealer of record indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywidethe T/A, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide The T/A shall notify the TrustCustodian, the Custodian Underwriter and the Underwriter Trust on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1214, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. .
D. Procedures for effecting redemption orders accepted from shareholders investors or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide the T/A and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. E. The authority of Countrywide the T/A to perform its responsibilities under Xxxxxxxxx 0Paragraph 8, Xxxxxxxxx 10, and this Paragraph 12 Parxxxxxx 00 xxx xxxx Xxxagraph 14 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' the Trust's net asset value.
Appears in 2 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Touchstone Tax Free Trust), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Midwest Group Tax Free Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide Integrated shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideIntegrated. Upon its approval of such redemption transactions, CountrywideIntegrated, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide Integrated shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide Integrated and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired subject to approval and verification of the appropriate amounts by the Trust in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideIntegrated. If Countrywide Integrated or the Trust determines that a request for redemption does not comply with the requirements for redemptionsredemptions in accordance with the Trust's then current prospectus and statement of additional information, Countrywide Integrated shall promptly notify the shareholder indicating the reason therefortherefore.
B. If shares of the Trust a Fund are eligible for exchange with shares of any other investment company, CountrywideIntegrated, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agentTrust, shall review and approve all exchange requests and shall, on behalf of the TrustFund's shareholders, process such approved exchange requests.
C. Countrywide Integrated shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor therefore in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide Integrated and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide Integrated to perform its responsibilities under Paragraph 3, Paragraph 5, anx xxxx Xxxxxxxxx 0, Xxxxxxxxx 10, and this Paragraph 12 shall 00 xxall be suspended with respect to any series of the Trust Fund upon receipt of notification by it of the suspension of the determination of such series' Fund's net asset value.
Appears in 2 contracts
Samples: Transfer Agency Agreement (Touchstone Strategic Trust), Transfer Agency Agreement (Touchstone Tax Free Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1211, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx Paragraph 7, Parxxxxxx 0, Xxxxxxxxx 10, and this Paragraph 12 xxx xxxx Xxxagraph 11 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 2 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Uc Investment Trust), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Atalanta Sosnoff Investment Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide JPMorgan shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares Shares accepted by CountrywideJPMorgan. Upon its approval of such redemption transactions, CountrywideJPMorgan, if requested by the Trust, shall mail to the shareholder Shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares Shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide JPMorgan shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide JPMorgan and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired subject to approval and verification of the appropriate amounts by the Trust in federal funds to the bank account designated by the shareholderShareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideJPMorgan. If Countrywide JPMorgan or the Trust determines that a request for redemption does not comply with the requirements for redemptionsredemptions in accordance with the Trust's then current prospectus and statement of additional information, Countrywide JPMorgan shall promptly notify the shareholder Shareholder indicating the reason therefortherefore.
B. If shares Shares of the Trust a Fund are eligible for exchange with shares Shares of any other investment company, CountrywideJPMorgan, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agentTrust, shall review and approve all exchange requests and shall, on behalf of the TrustFund's shareholdersShareholders, process such approved exchange requests.
C. Countrywide JPMorgan shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor therefore in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders Shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide JPMorgan and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide JPMorgan to perform its responsibilities under Xxxxxxxxx 0Paragraph 3, Xxxxxxxxx 10Paragraph 5, and this Paragraph 12 shall xxxx Xxxxxxxxx 00 xxxll be suspended with respect to any series of the Trust Fund upon receipt of notification by it of the suspension of the determination of such series' Fund's net asset value.
Appears in 2 contracts
Samples: Transfer Agency Agreement (Touchstone Institutional Funds Trust), Transfer Agency Agreement (Touchstone Institutional Funds Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide MGF shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideMGF. Upon its approval of such redemption transactions, CountrywideMGF, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide MGF shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide MGF and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideMGF. If Countrywide MGF or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide MGF shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, CountrywideMGF, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide MGF shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide MGF and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide MGF to perform its responsibilities under Xxxxxxxxx 0Paragraph 7, Xxxxxxxxx 10Parxxxxxx 00, and this Paragraph xxx xxxx Xxragraph 12 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 2 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (New York State Opportunity Funds), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Dean Family of Funds)
REDEMPTIONS AND EXCHANGES. A. Countrywide The T/A shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. the T/A. Upon its approval of such redemption transactions, Countrywidethe T/A, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide the T/A shall either:
: (a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide the T/A and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System system or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. the T/A. If Countrywide the T/A or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide the T/A shall promptly notify the shareholder and/or dealer of record indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywidethe T/A, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide The T/A shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide the T/A and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide the T/A to perform its responsibilities under Xxxxxxxxx 0, Xxxxxxxxx 10, 10 and this Paragraph 12 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' the Trust's net asset value.
Appears in 2 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Brundage Story & Rose Investment Trust), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Brundage Story & Rose Investment Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1211, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 0, Xxxxxxxxx 109, and this Paragraph 12 11 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 2 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Atalanta Sosnoff Investment Trust), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Uc Investment Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1211, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 0Paragraph 7, Xxxxxxxxx 10Paragraph 9, and this Paragraph 12 shall be suspended Xxxxxxxxx 00 xxxxx xx xuspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Purisima Funds)
REDEMPTIONS AND EXCHANGES. A. Countrywide Integrated shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideIntegrated. Upon its approval of such redemption transactions, CountrywideIntegrated, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide Integrated shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide Integrated and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired subject to approval and verification of the appropriate amounts by the Trust in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideIntegrated. If Countrywide Integrated or the Trust determines that a request for redemption does not comply with the requirements for redemptionsredemptions in accordance with the Trust's then current prospectus and statement of additional information, Countrywide Integrated shall promptly notify the shareholder indicating the reason therefortherefore.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, CountrywideIntegrated, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agentTrust, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide Integrated shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor therefore in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide Integrated and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide Integrated to perform its responsibilities under Xxxxxxxxx Paragraph 3, Paragraph 0, xxx xxxx Xxxxxxxxx 10, and this Paragraph 12 10 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
Samples: Transfer Agency Agreement (Touchstone Investment Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide Integrated shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideIntegrated. Upon its approval of such redemption transactions, CountrywideIntegrated, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide Integrated shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide Integrated and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired subject to approval and verification of the appropriate amounts by the Trust in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideIntegrated. If Countrywide Integrated or the Trust determines that a request for redemption does not comply with the requirements for redemptionsredemptions in accordance with the Trust's then current prospectus and statement of additional information, Countrywide Integrated shall promptly notify the shareholder indicating the reason therefortherefore.
B. If shares of the Trust a Fund are eligible for exchange with shares of any other investment company, CountrywideIntegrated, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agentTrust, shall review and approve all exchange requests and shall, on behalf of the TrustFund's shareholders, process such approved exchange requests.
C. Countrywide Integrated shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor therefore in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide Integrated and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide Integrated to perform its responsibilities under Paragraph 9, Paragraph 11, anx xxxx Xxxxxxxxx 0, Xxxxxxxxx 10, and this Paragraph 12 shall 00 xxall be suspended with respect to any series of the Trust Fund upon receipt of notification by it of the suspension of the determination of such series' Fund's net asset value.
Appears in 1 contract
Samples: Transfer Agency Agreement (Touchstone Variable Series Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide JPMorgan shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideJPMorgan. Upon its approval of such redemption transactions, CountrywideJPMorgan, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide JPMorgan shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide JPMorgan and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideJPMorgan. If Countrywide JPMorgan or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide JPMorgan shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, CountrywideJPMorgan, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide JPMorgan shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide JPMorgan and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide JPMorgan to perform its responsibilities under Xxxxxxxxx 0Paragraph 7, Xxxxxxxxx Paragraph 10, and this Paragraph 12 shall axx xxxx Xxxxxxxxx 00 xhall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (James Advantage Funds)
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the TrustCorporation's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the TrustCorporation, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust Corporation and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures procedures, including redemptions in kind, which are authorized by the TrustCorporation's Board of Trustees Directors or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust Corporation and accepted by Countrywide. If Countrywide or the Trust Corporation determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust a Fund are eligible for exchange with shares of any other Fund or investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust Corporation and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the TrustCorporation's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, Corporation and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1210, and, on the basis of such notice, the Trust Corporation shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the TrustCorporation. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust Corporation consistent with the TrustCorporation's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 0Paragraph 6, Xxxxxxxxx 10Paragraph 8, and this Paragraph 12 10 shall be suspended with respect to any series of the Trust suspendxx xxxx xxxxxxx xx xxx Fund upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
REDEMPTIONS AND EXCHANGES. A. Countrywide Integrated shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideIntegrated. Upon its approval of such redemption transactions, CountrywideIntegrated, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide Integrated shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide Integrated and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired subject to approval and verification of the appropriate amounts by the Trust in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideIntegrated. If Countrywide Integrated or the Trust determines that a request for redemption does not comply with the requirements for redemptionsredemptions in accordance with the Trust's then current prospectus and statement of additional information, Countrywide Integrated shall promptly notify the shareholder indicating the reason therefortherefore.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, CountrywideIntegrated, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agentTrust, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide Integrated shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor therefore in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide Integrated and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide Integrated to perform its responsibilities under Xxxxxxxxx 0Paragraph 10, Xxxxxxxxx 1000, and this xxx xxis Paragraph 12 16 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
Samples: Administration, Accounting and Transfer Agency Agreement (Diamond Hill Funds)
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the TrustCorporation's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the TrustCorporation, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust Corporation and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the TrustCorporation's Board of Trustees Directors or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust Corporation and accepted by Countrywide. If Countrywide or the Trust Corporation determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust Corporation are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust Corporation and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the TrustCorporation's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, Corporation and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1211, and, on the basis of such notice, the Trust Corporation shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the TrustCorporation. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust Corporation consistent with the TrustCorporation's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx Paragraph 7, Paxxxxxxx 0, Xxxxxxxxx 10, and this Paragraph 12 xxx xxxx Xxxagraph 11 shall be suspended with respect to any series of the Trust Corporation upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
REDEMPTIONS AND EXCHANGES. A. Countrywide Integrated shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideIntegrated. Upon its approval of such redemption transactions, CountrywideIntegrated, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide Integrated shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide Integrated and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired subject to approval and verification of the appropriate amounts by the Trust in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideIntegrated. If Countrywide Integrated or the Trust determines that a request for redemption does not comply with the requirements for redemptionsredemptions in accordance with the Trust's then current prospectus and statement of additional information, Countrywide Integrated shall promptly notify the shareholder indicating the reason therefortherefore.
B. If shares of the Trust a Fund are eligible for exchange with shares of any other investment company, CountrywideIntegrated, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agentTrust, shall review and approve all exchange requests and shall, on behalf of the TrustFund's shareholders, process such approved exchange requests.
C. Countrywide Integrated shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor therefore in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide Integrated and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide Integrated to perform its responsibilities under Paragraph 3, Paragraph 5, axx xxxx Xxxxxxxxx 0, Xxxxxxxxx 10, and this Paragraph 12 shall 00 xxall be suspended with respect to any series of the Trust Fund upon receipt of notification by it of the suspension of the determination of such series' Fund's net asset value.
Appears in 1 contract
Samples: Transfer Agency Agreement (Touchstone Strategic Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide The T/A shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. the T/A. Upon its approval of such redemption transactions, Countrywidethe T/A, if requested by the Trust, shall mail to the shareholder investor and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide the T/A shall either:
: (a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer or employee of Countrywide the T/A and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System system or by bank wire, cause such proceeds to be wired in federal funds to the commercial bank account designated by the shareholderinvestor, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. the T/A. If Countrywide the T/A or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide the T/A shall promptly notify the shareholder investor and/or dealer of record indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywidethe T/A, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide The T/A shall notify the TrustCustodian, the Custodian Underwriter and the Underwriter Trust on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1214, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. .
D. Procedures for effecting redemption orders accepted from shareholders investors or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide the T/A and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. E. The authority of Countrywide the T/A to perform its responsibilities under Xxxxxxxxx Paragrapx 0, Xxxxxxxxx 10, and 00 xxx this Paragraph 12 14 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' the Trust's net asset value.
Appears in 1 contract
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the TrustFund's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the TrustFund, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust Fund and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the TrustFund's Board of Trustees Directors or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust Fund and accepted by Countrywide. If Countrywide or the Trust Fund determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust Fund are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust Fund and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the TrustFund's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, Fund and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1211, and, on the basis of such notice, the Trust Fund shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the TrustFund. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust Fund consistent with the TrustFund's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 0, Xxxxxxxxx 109, and this Paragraph 12 11 shall be suspended with respect to any series of the Trust Fund upon receipt of notification by it of the suspension of the determination of such series' the Fund's net asset value.
Appears in 1 contract
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Boyar Value Fund Inc)
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 0, Xxxxxxxxx 10, and this Paragraph 12 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1211, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx Paraxxxxx 0, Xxxxxxxxx 100, and this Paragraph 12 11 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 000, Xxxxxxxxx 1012, and this Paragraph 12 14 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
Samples: Administration, Accounting and Transfer Agency Agreement (Williamsburg Investment Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:total
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide or the Trust shall promptly notify the shareholder indicating the reason therefor.
B. If shares of a series of the Trust are eligible for exchange with shares of any other series of the Trust or any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 0, Xxxxxxxxx 10, and this Paragraph 12 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Stockjungle Com)
REDEMPTIONS AND EXCHANGES. A. Countrywide Integrated shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideIntegrated. Upon its approval of such redemption transactions, CountrywideIntegrated, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide Integrated shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide Integrated and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired subject to approval and verification of the appropriate amounts by the Trust in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideIntegrated. If Countrywide Integrated or the Trust determines that a request for redemption does not comply with the requirements for redemptionsredemptions in accordance with the Trust's then current prospectus and statement of additional information, Countrywide Integrated shall promptly notify the shareholder indicating the reason therefortherefore.
B. If shares of the Trust a Fund are eligible for exchange with shares of any other investment company, CountrywideIntegrated, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agentTrust, shall review and approve all exchange requests and shall, on behalf of the TrustFund's shareholders, process such approved exchange requests.
C. Countrywide Integrated shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor therefore in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide Integrated and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide Integrated to perform its responsibilities under Paragraph 3, Paragraph 5, xxx xxxx Xxxxxxxxx 0, Xxxxxxxxx 10, and this Paragraph 12 00 shall be suspended with respect to any series of the Trust Fund upon receipt of notification by it of the suspension of the determination of such series' Fund's net asset value.
Appears in 1 contract
Samples: Transfer Agency Agreement (Touchstone Tax Free Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide shall processRedemption of Interests. The Interest Holders recognize that the profitability of a Series depends upon long-term and uninterrupted investment of capital. It is agreed, in accordance with therefore, that profits and gains of a Series may be automatically reinvested, and that the Trust's then current prospectus Manager does not intend to make any distributions. Nevertheless, the Interest Holders contemplate the possibility that one or more of the Interest Holders may elect to realize and statement of additional informationwithdraw profits, each order for or withdraw capital, through the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail Interests prior to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules dissolution of the Trust and such other investment company, or such other investment company's transfer agent, shall review each Series. In that regard and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant subject to the provisions of Section 4.2(h) hereof: — Subject to the conditions set forth in this Paragraph 12Article VII, andeach Interest Holder (or any permitted assignee thereof) shall have the right to request such Series to redeem any Interest in such Series in its entirety, or a portion thereof in even multiples of $1000, that he owns immediately after the close of business on the basis last day of a calendar month following the date the Manager is in receipt of written notice of redemption for ten (10) Business Days (a “Redemption Date”), commencing with the end of the first full calendar month of trading activity of such noticeSeries. Interests will be redeemed on a “first in, first out” basis based on the time of receipt of redemption requests. Interests which are redeemed will be deemed canceled, but such cancellation shall not reduce the maximum number of Interests that a Series may offer under Section 3.2 of this Trust Agreement. If an Interest Holder (or permitted assignee thereof) is permitted to request that the Series redeem any or all of his Interests in such Series as of a date other than a Redemption Date, such adjustments in the determination and allocation among the Interest Holders of such Series of profits, losses and items of income, gain, deduction, loss or credit for tax accounting purposes shall be made as are necessary or appropriate to reflect and give effect to the redemption. — The value of an Interest for purposes of redemption shall be the book capital account balance of such Interest at the close of business on the Redemption Date, less any amount owing by such Interest Holder (and his permitted assignee, if any) to the Series pursuant to Sections 4.6(b), 5.3(h), 6.7 or 7.1(c) of this Trust Agreement. If redemption of an Interest shall be requested by a permitted assignee, all amounts which shall be owed to the relevant Series under Sections 4.6(b), 5.3(h), 6.7 or 7.1(c) hereof by the Interest Holder, as well as all amounts which shall be owed by all permitted assignees of such Interest, shall be deducted from the Net Asset Value of such Interest upon redemption. — With respect to all redemptions, payment ordinarily will be made within ten (10) Business Days of the Redemption Date, except that under special circumstances, including, but not limited to, the Trust inability on the part of a Series to liquidate positions as of the Redemption Date or default or delay in payments due the relevant Series from brokers, banks and other Persons, the Series may delay payment to Interest Holders whose Interests are being redeemed. Further, the right to obtain redemption is contingent upon the relevant Series having property sufficient to discharge its liabilities on the date of redemption. The Manager is hereby authorized to charge an Interest Holder whose Interests are being redeemed such reasonable expenses and costs as may be occasioned by any such redemption. Under certain circumstances, the Manager may find it advisable to establish a reserve for contingent liabilities. In such event, the amount receivable by an Interest Holder on redemption of his Interest will be reduced by his proportionate share of the reserve. — An Interest Holder wishing to request redemption of his Interests must provide the Manager with written notice of his request for redemption, which notice shall instruct specify the Custodian name and address of the Interest Holder requesting redemption and the amount and Series of Interests he seeks to make available from time to time sufficient funds therefor have redeemed. The notice of redemption shall be in the appropriate account form annexed to the Offering Memorandum or in any other form acceptable to the Manager and shall be mailed or delivered to the principal place of business of the TrustManager. Procedures for effecting Such notice must include representations and warranties that the Interest Holder requesting redemption orders accepted from shareholders is the lawful and beneficial owner of the Interests to be redeemed and that such Interests are not subject to any pledge or dealers otherwise encumbered in any fashion. In certain circumstances, the relevant Series may require additional documents, such as, but not limited to, trust instruments, death certificates, appointments as executor or administrator or certificates of record by telephone or other methods corporate authority. Interest Holders requesting redemption shall be established by mutual agreement between Countrywide notified in writing within ten (10) Business Days following the Redemption Date whether or not their Interests will be redeemed, unless payment for the redeemed Interests is made within that ten (10) Business Day period, in which case the notice of acceptance of the redemption shall not be required. — The Manager may suspend temporarily any redemption if the effect of such redemption, either alone or in conjunction with other redemptions, would be to impair the relevant Series’ ability to operate in pursuit of its objectives. In addition, the Manager may cause one or more Series to redeem Interests pursuant to Section 4.2(h) hereof. — Subject to Sections 7.1(c) and 7.1(e) hereof, all requests for redemption in proper form will be honored, and the Trust consistent with relevant Series’ positions will be liquidated to the Trust's then current prospectus and statement of additional informationextent necessary to discharge its liabilities on the Redemption Date.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 0, Xxxxxxxxx 10, and this Paragraph 12 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
Samples: Declaration of Trust and Trust Agreement (MLM Index Fund)
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 0, Xxxxxxxxx 109, and this Paragraph 12 11 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
REDEMPTIONS AND EXCHANGES. A. Countrywide The T/A shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. the T/A. Upon its approval of such redemption transactions, Countrywidethe T/A, if requested when required by the Trustapplicable securities laws or regulations, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide the T/A shall either:
: (a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide the T/A and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System system or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. the T/A. If Countrywide the T/A or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide the T/A shall promptly notify the shareholder and/or dealer of record indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywidethe T/A, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide The T/A shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1211, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide the T/A and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide the T/A to perform its responsibilities under Xxxxxxxxx 0Paragraph 7, Xxxxxxxxx 10, and this Paragraph 12 Parxxxxxx 0 xxx xxxx Xxxxgraph 11 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' the Trust's net asset value.
Appears in 1 contract
REDEMPTIONS AND EXCHANGES. A. Countrywide Integrated shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideIntegrated. Upon its approval of such redemption transactions, CountrywideIntegrated, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide Integrated shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide Integrated and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired subject to approval and verification of the appropriate amounts by the Trust in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideIntegrated. If Countrywide Integrated or the Trust determines that a request for redemption does not comply with the requirements for redemptionsredemptions in accordance with the Trust's then current prospectus and statement of additional information, Countrywide Integrated shall promptly notify the shareholder indicating the reason therefortherefore.
B. If shares of the Trust a Fund are eligible for exchange with shares of any other investment company, CountrywideIntegrated, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agentTrust, shall review and approve all exchange requests and shall, on behalf of the TrustFund's shareholders, process such approved exchange requests.
C. Countrywide Integrated shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor therefore in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide Integrated and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide Integrated to perform its responsibilities under Paragraph 9, Paragraph 11, axx xxxx Xxxxxxxxx 0, Xxxxxxxxx 10, and this Paragraph 12 shall 00 xhall be suspended with respect to any series of the Trust Fund upon receipt of notification by it of the suspension of the determination of such series' Fund's net asset value.
Appears in 1 contract
Samples: Transfer Agency Agreement (Touchstone Variable Series Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide Integrated shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideIntegrated. Upon its approval of such redemption transactions, CountrywideIntegrated, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide Integrated shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide Integrated and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired subject to approval and verification of the appropriate amounts by the Trust in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideIntegrated. If Countrywide Integrated or the Trust determines that a request for redemption does not comply with the requirements for redemptionsredemptions in accordance with the Trust's then current prospectus and statement of additional information, Countrywide Integrated shall promptly notify the shareholder indicating the reason therefortherefore.
B. If shares of the Trust a Fund are eligible for exchange with shares of any other investment company, CountrywideIntegrated, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agentTrust, shall review and approve all exchange requests and shall, on behalf of the TrustFund's shareholders, process such approved exchange requests.
C. Countrywide Integrated shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor therefore in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide Integrated and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide Integrated to perform its responsibilities under Xxxxxxxxx 0Paragraph 9, Xxxxxxxxx 10Paragrapx 00, and this Paragraph 12 xxx xxxx Xxxxxxxph 16 shall be suspended with respect to any series of the Trust Fund upon receipt of notification by it of the suspension of the determination of such series' Fund's net asset value.
Appears in 1 contract
Samples: Administration, Accounting Services and Transfer Agency Agreement (Touchstone Variable Series Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide MGF shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideMGF. Upon its approval of such redemption transactions, CountrywideMGF, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide MGF shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide MGF and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideMGF. If Countrywide MGF or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide MGF shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, CountrywideMGF, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide MGF shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide MGF and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide MGF to perform its responsibilities under Xxxxxxxxx 000, Xxxxxxxxx 1012, and this Paragraph 12 14 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
Samples: Administration, Accounting and Transfer Agency Agreement (Markman Multifund Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide CityFund shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideCityFund. Upon its approval of such redemption transactions, CountrywideCityFund, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide CityFund shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide CityFund and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideCityFund. If Countrywide CityFund or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide CityFund shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, CountrywideCityFund, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide CityFund shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide CityFund and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide CityFund to perform its responsibilities under Xxxxxxxxx 0Paragraph 7, Xxxxxxxxx 10Parxxxxxx 00, and this Paragraph xxx xxxx Xxragraph 12 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance accor- dance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 000, Xxxxxxxxx 1012, and this Paragraph 12 14 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
Samples: Administration, Accounting and Transfer Agency Agreement (Markman Multifund Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide The T/A shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. the T/A. Upon its approval of such redemption transactions, Countrywidethe T/A, if requested when required by the Trustapplicable securities laws or regulations, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide the T/A shall either:
: (a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide the T/A and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System system or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. the T/A. If Countrywide the T/A or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide the T/A shall promptly notify the shareholder and/or dealer of record indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywidethe T/A, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide The T/A shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1211, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide the T/A and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide the T/A to perform its responsibilities under Xxxxxxxxx 0Paragraph 7, Xxxxxxxxx 10, and this Paragraph 12 0 xxx xxxx Xaragraph 11 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' the Trust's net asset value.
Appears in 1 contract
REDEMPTIONS AND EXCHANGES. A. Countrywide MGF shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideMGF. Upon its approval of such redemption transactions, CountrywideMGF, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide MGF shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide MGF and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideMGF. If Countrywide MGF or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide MGF shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 0, Xxxxxxxxx 10, and this Paragraph 12 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
REDEMPTIONS AND EXCHANGES. A. Countrywide The T/A shall process, in accordance with the TrustCompany's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. the T/A. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, T/A shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide the T/A shall either:
: (a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide the T/A and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System system or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the TrustCompany's Board of Trustees Directors or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust Company and accepted by Countrywide. the T/A. If Countrywide the T/A or the Trust Company determines that a request for redemption does not comply with the requirements for redemptions, Countrywide the T/A shall promptly notify the shareholder and/or dealer of record indicating the reason therefor.
B. If shares of the Trust Company are eligible for exchange with shares of any other investment company, Countrywidethe T/A, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust Company and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the TrustCompany's shareholders, process such approved exchange requests.
C. Countrywide The T/A shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1211, and, on the basis of such notice, the Trust Company shall instruct give standing instructions to the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the TrustCompany. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide the T/A and the Trust Company consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide the T/A to perform its responsibilities under Xxxxxxxxx 0, Xxxxxxxxx 10, 9 and this Paragraph 12 11 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' the Company's net asset value.
Appears in 1 contract
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. Upon its approval of such redemption transactions, Countrywide, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. If Countrywide or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide to perform its responsibilities under Xxxxxxxxx 000, Xxxxxxxxx 1012, and this Paragraph 12 14 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
Samples: Administration, Accounting and Transfer Agency Agreement (Schwartz Investment Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide Dunhill shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by CountrywideDunhill. Upon its approval of such redemption transactions, CountrywideDunhill, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide Dunhill shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide Dunhill and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by CountrywideDunhill. If Countrywide Dunhill or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide Dunhill shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, CountrywideDunhill, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide Dunhill shall notify the Trust, the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide Dunhill and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide Dunhill to perform its responsibilities under Xxxxxxxxx 0, Xxxxxxxxx 10, and this Paragraph 12 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
REDEMPTIONS AND EXCHANGES. A. Countrywide shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide_______. Upon its approval of such redemption transactions, Countrywide_______, if requested by the Trust, shall mail to the shareholder and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide _______ shall either:
(a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer of Countrywide _______ and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System or by bank wire, cause such proceeds to be wired in federal funds to the bank account designated by the shareholder, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide_______. If Countrywide _______ or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide _______ shall promptly notify the shareholder indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywide_______, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide shall notify the Trust, Trust and the Custodian and the Underwriter on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 12Paragraph, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. Procedures for effecting redemption orders accepted from shareholders or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide _______ and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. The authority of Countrywide _______ to perform its responsibilities under Xxxxxxxxx 000, Xxxxxxxxx 1012, and this Paragraph 12 14 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' net asset value.
Appears in 1 contract
Samples: Administration, Accounting and Transfer Agency Agreement (Bonfiglio & Reed Investment Trust)
REDEMPTIONS AND EXCHANGES. A. Countrywide The T/A shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. the T/A. Upon its approval of such redemption transactions, Countrywidethe T/A, if requested by the Trust, shall mail to the shareholder investor and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide the T/A shall either:
: (a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer or employee of Countrywide the T/A and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System system or by bank wire, cause such proceeds to be wired in federal funds to the commercial bank account designated by the shareholderinvestor, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. the T/A. If Countrywide the T/A or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide the T/A shall promptly notify the shareholder investor and/or dealer of record indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywidethe T/A, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide The T/A shall notify the TrustCustodian, the Custodian Underwriter and the Underwriter Trust on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1214, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. .
D. Procedures for effecting redemption orders accepted from shareholders investors or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide the T/A and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. E. The authority of Countrywide the T/A to perform its responsibilities under Xxxxxxxxx 0Paragraph 8, Xxxxxxxxx 10, and this Paragraph 12 Paxxxxxxx 00 xxx xxxx Xxxagraph 14 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' the Trust's net asset value.
Appears in 1 contract
REDEMPTIONS AND EXCHANGES. A. Countrywide The T/A shall process, in accordance with the Trust's then current prospectus and statement of additional information, each order for the redemption of shares accepted by Countrywide. the T/A. Upon its approval of such redemption transactions, Countrywidethe T/A, if requested by the Trust, shall mail to the shareholder investor and/or dealer of record a confirmation showing trade date, number of full and fractional shares redeemed, the price per share and the total redemption proceeds. For each such redemption, Countrywide the T/A shall either:
: (a) prepare checks in the appropriate amounts for approval and verification by the Trust and signature by an authorized officer or employee of Countrywide the T/A and mail the checks to the appropriate person, or (b) in the event redemption proceeds are to be wired through the Federal Reserve Wire System system or by bank wire, cause such proceeds to be wired in federal funds to the commercial bank account designated by the shareholderinvestor, or (c) effectuate such other redemption procedures which are authorized by the Trust's Board of Trustees or its then current prospectus and statement of additional information. The requirements as to instruments of transfer and other documentation, the applicable redemption price and the time of payment shall be as provided in the then current prospectus and statement of additional information, subject to such supplemental instructions as may be furnished by the Trust and accepted by Countrywide. the T/A. If Countrywide the T/A or the Trust determines that a request for redemption does not comply with the requirements for redemptions, Countrywide the T/A shall promptly notify the shareholder investor and/or dealer of record indicating the reason therefor.
B. If shares of the Trust are eligible for exchange with shares of any other investment company, Countrywidethe T/A, in accordance with the then current prospectus and statement of additional information and exchange rules of the Trust and such other investment company, or such other investment company's transfer agent, shall review and approve all exchange requests and shall, on behalf of the Trust's shareholders, process such approved exchange requests.
C. Countrywide The T/A shall notify the TrustCustodian, the Custodian Underwriter and the Underwriter Trust on each business day of the amount of cash required to meet payments made pursuant to the provisions of this Paragraph 1214, and, on the basis of such notice, the Trust shall instruct the Custodian to make available from time to time sufficient funds therefor in the appropriate account of the Trust. .
D. Procedures for effecting redemption orders accepted from shareholders investors or dealers of record by telephone or other methods shall be established by mutual agreement between Countrywide the T/A and the Trust consistent with the Trust's then current prospectus and statement of additional information.
D. E. The authority of Countrywide the T/A to perform its responsibilities under Xxxxxxxxx 0Paragraph 8, Xxxxxxxxx 10, and this 00 xxx xxxx Paragraph 12 14 shall be suspended with respect to any series of the Trust upon receipt of notification by it of the suspension of the determination of such series' the Trust's net asset value.
Appears in 1 contract
