Representations of the Corporation and the Transfer Agent. (a) The Corporation represents to the Transfer Agent that all outstanding shares are validly issued, fully paid and non-assessable by the Corporation. When shares are hereafter issued in accordance with the terms of the Corporation's Articles of Incorporation and its By-laws, such shares shall be validly issued, fully paid and non-assessable by the Corporation.
Appears in 37 contracts
Samples: Transfer Agency Agreement (Axp Partners Series Inc), Transfer Agency Agreement (Axp Stock Series Inc), Transfer Agency Agreement (Axp Market Advantage Series Inc)
Representations of the Corporation and the Transfer Agent. (a) The Corporation represents to the Transfer Agent that all outstanding shares are validly issued, fully paid and non-assessable by the Corporation. When shares are hereafter issued in accordance with the terms of the Corporation's Articles of Incorporation and its By-lawsprospectus, such shares shall be validly issued, fully paid and non-assessable by the Corporation.
Appears in 3 contracts
Samples: Transfer Agency Agreement (Ids Money Market Series Inc), Page 1 Transfer Agency Agreement (Ids Global Series Inc), Page 1 Transfer Agency Agreement (Ids Investment Series Inc)
Representations of the Corporation and the Transfer Agent. (a) The Corporation represents to the Transfer Agent that all the Funds'currently outstanding shares are validly issued, fully paid and non-assessable by the Corporation. When shares are hereafter issued in accordance with the terms of the Corporation's Articles of Incorporation and its By-lawsLaws, such shares shall be validly issued, fully paid and non-assessable by the Corporation.
Appears in 1 contract
Samples: Page 1 Transfer Agency Agreement (Ids Global Series Inc)
