Representations of the Trust and the Transfer Agent. (a) The Trust represents to the Transfer Agent that all outstanding units are validly issued, fully paid and non-assessable by the Trust. When units are hereafter issued in accordance with the terms of the Trust's Declaration of Trust and its Registration Statement, such units shall be validly issued, fully paid and non-assessable by the Trust.
Appears in 5 contracts
Samples: 1 Transfer Agency and Administrative Services Agreement (World Trust), Transfer Agency and Administrative Services Agreement (Growth & Income Trust), Page 1 Transfer Agency and Administrative Services Agreement (World Trust)
Representations of the Trust and the Transfer Agent. (a) The Trust represents to the Transfer Agent that all outstanding units are validly issued, fully paid and non-assessable by the Trust. When units of each Portfolio are hereafter issued in accordance with the terms of the Trust's Declaration of Trust and its Registration Statement, such units shall be validly issued, fully paid and non-assessable by the Trust.
Appears in 3 contracts
Samples: Transfer Agency and Administrative Services Agreement (Growth & Income Trust), Transfer Agency and Administrative Services Agreement (Income Trust), Transfer Agency and Administrative Services Agreement (World Trust)
Representations of the Trust and the Transfer Agent. (a) The Trust represents to the Transfer Agent that all outstanding units are validly issued, fully paid and non-assessable by the Trust. When units are hereafter issued in accordance with the terms of the Trust's Declaration of Trust and its Registration Statement, such units shall be validly issued, fully paid and non-non- assessable by the Trust.
Appears in 3 contracts
Samples: Page 1 Transfer Agency and Administrative Services Agreement (Tax Free Income Trust), Page 1 Transfer Agency and Administrative Services Agreement (Growth & Income Trust), Transfer Agency and Administrative Services Agreement (Growth Trust)
Representations of the Trust and the Transfer Agent. (a) The Trust represents to the Transfer Agent that all outstanding units shares are validly issued, fully paid and non-assessable by the Trust. When units shares are hereafter issued in accordance with the terms of the Trust's Agreement and Declaration of Trust and its Registration StatementBy-laws, such units shares shall be validly issued, fully paid and non-assessable by the Trust.
Appears in 2 contracts
Samples: Transfer Agency Agreement (Axp Special Tax-Exempt Series Trust), Transfer Agency Agreement (Axp California Tax-Exempt Trust)
Representations of the Trust and the Transfer Agent. (a) The Trust represents to the Transfer Agent that all outstanding units shares are validly issued, fully paid and non-assessable by the Trust. When units shares are hereafter issued in accordance with the terms of the Trust's Declaration Articles of Trust Incorporation and its Registration Statementprospectus, such units shares shall be validly issued, fully paid and non-assessable by the Trust.
Appears in 2 contracts
Samples: Page 1 Transfer Agency Agreement (Ids California Tax Exempt Trust), Page 1 Transfer Agency Agreement (Ids Special Tax Exempt Series Trust)
Representations of the Trust and the Transfer Agent. (a) The Trust represents to the Transfer Agent that all the outstanding units of each Portfolio are validly issued, fully paid and non-assessable by the Trust. When units are hereafter issued by the Portfolios in accordance with the terms of the Trust's Declaration of Trust and its Registration Statement, such units shall be validly issued, fully paid and non-assessable by the Trust.
Appears in 1 contract
Samples: Page 1 Transfer Agency and Administrative Services Agreement (World Trust)
Representations of the Trust and the Transfer Agent. (a) The Trust represents to the Transfer Agent that all outstanding units are validly issued, fully paid and non-assessable by the Trust. When units of the Portfolio are hereafter issued in accordance with the terms of the Trust's Declaration of Trust and its Registration Statement, such units shall be validly issued, fully paid and non-assessable by the Trust.
Appears in 1 contract
Samples: Transfer Agency and Administrative Services Agreement (Tax Free Income Trust)
