Common use of Reliance on Electronic Instructions Clause in Contracts

Reliance on Electronic Instructions. If the Trust has the ability to originate electronic instructions to UFS in order to (i) effect the transfer or movement of cash or Shares or (ii) transmit Shareholder information or other information, then in such event UFS shall be entitled to rely on the validity and authenticity of such instruction without undertaking any further inquiry as long as such instruction is undertaken in conformity with security procedures established and agreed upon by UFS and the Fund’s investment adviser.

Appears in 11 contracts

Samples: Fund Services Agreement (Alternative Strategies Fund), Fund Services Agreement (Predex), Fund Services Agreement (Arca U.S. Treasury Fund)

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Reliance on Electronic Instructions. If the Trust has the ability to originate electronic instructions to UFS in order to (i) effect the transfer or movement of cash or Shares or (ii) transmit Shareholder shareholder information or other information, then in such event UFS shall be entitled to rely on the validity and authenticity of such instruction without undertaking any further inquiry as long as such instruction is undertaken in conformity with security procedures established and agreed upon by UFS and the Fund’s investment adviserTrust.

Appears in 6 contracts

Samples: Etf Fund Services Agreement (Northern Lights Fund Trust Ii), Etf Fund Services Agreement (Northern Lights Fund Trust), Etf Fund Services Agreement (Northern Lights Fund Trust IV)

Reliance on Electronic Instructions. If the Trust has Trusts have the ability to originate electronic instructions to UFS in order to (i) effect the transfer or movement of cash or Shares or (ii) transmit Shareholder information or other information, then in such event UFS shall be entitled to rely on the validity and authenticity of such instruction without undertaking any further inquiry as long as such instruction is undertaken in conformity with security procedures established and agreed upon by UFS and the Fund’s investment adviser.

Appears in 2 contracts

Samples: Fund Services Agreement (Arrow ETF Trust), Fund Services Agreement (Arrow Investments Trust)

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Reliance on Electronic Instructions. If the Trust has the ability to originate electronic instructions to UFS in order to (i) effect the transfer or movement of cash or Shares or (ii) transmit Shareholder information or other information, then in such event UFS shall be entitled to rely on the validity and authenticity of such instruction without undertaking any further inquiry as long as such instruction is undertaken in conformity with security procedures established and agreed upon by UFS and the Fund’s Funds’ investment adviser.

Appears in 1 contract

Samples: Fund Services Agreement (North Country Funds)

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