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 TFS 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 TFS 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 by TFS from time to time.

Appears in 5 contracts

Samples: Transfer Agency Agreement (Transamerica Funds), Transfer Agency Agreement (Transamerica Funds), Transfer Agency Agreement (Transamerica Funds)

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