Common use of Representations of the Company and the Transfer Agent Clause in Contracts

Representations of the Company and the Transfer Agent. (a) The Company represents to the Transfer Agent that all outstanding shares are validly issued, fully paid and non-assessable by the Company. When shares are hereafter issued in accordance with the terms of the Company's Articles of Incorporation and its By-laws, such shares shall be validly issued, fully paid and non-assessable by the Company.

Appears in 100 contracts

Samples: Transfer Agency Agreement (Axp Global Series Inc), Transfer Agency Agreement (Ids Utilities Income Fund Inc), Transfer Agency Agreement (Ids Extra Income Fund Inc)

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Representations of the Company and the Transfer Agent. (a) The Company represents to the Transfer Agent that all outstanding shares are validly issued, fully paid and non-assessable by the Company. When shares are hereafter issued in accordance with the terms of the Company's Articles Declaration of Incorporation Trust and its By-laws, such shares shall be validly issued, fully paid and non-assessable by the Company.

Appears in 4 contracts

Samples: Transfer Agency Agreement (Ids California Tax Exempt Trust), Transfer Agency Agreement (Axp California Tax-Exempt Trust), Transfer Agency Agreement (Ids Special Tax Exempt Series Trust)

Representations of the Company and the Transfer Agent. (a) The Company represents to the Transfer Agent that all outstanding shares are validly issued, fully paid and non-assessable by the Company. When shares are hereafter issued in accordance with the terms of the Company's Articles of Incorporation and its By-lawsprospectus, such shares shall be validly issued, fully paid and non-assessable by the Company.

Appears in 4 contracts

Samples: Transfer Agency Agreement (Express Direct World Fund Inc), 1 Transfer Agency Agreement (Express Direct Growth & Income Fund Inc), Page 1 Transfer Agency Agreement (Express Direct Growth & Income Fund Inc)

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Representations of the Company and the Transfer Agent. (a) The Company represents to the Transfer Agent that all outstanding shares are validly issued, fully paid and non-assessable by the Company. When shares are hereafter issued in accordance with the terms of the Company's Articles of Incorporation and its By-lawsprospectus, such shares shall be validly issued, fully paid and non-non- assessable by the Company.

Appears in 4 contracts

Samples: Page 1 Transfer Agency Agreement (Express Direct Growth Fund Inc), Page 1 Transfer Agency Agreement (Express Direct Income Fund Inc), Page 1 Transfer Agency Agreement (Express Direct Growth Fund Inc)

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