Common use of Representations of UMBFS Clause in Contracts

Representations of UMBFS. UMBFS represents and warrants to the Trust that: A. It is a corporation duly organized and existing under the laws of the State of Wisconsin; it is empowered under applicable law and by its Articles of Incorporation and By-laws to enter into and perform this Agreement; and all requisite proceedings have been taken to authorize it to enter into and perform this Agreement. B. It is duly registered as a transfer agent under Section 17A of the 1934 Act to the extent required. C. It has received a copy of each Fund’s Prospectus which describes how sales and redemptions of Shares shall be made. D. It has and will continue to have access to the necessary facilities, equipment and personnel to perform its duties and obligations under this Agreement. E. It is conducting its business in compliance in all material respects with all applicable laws and regulations, both state and federal, and has obtained all regulatory approvals necessary to carry on its business as now conducted. F. It shall maintain a fidelity bond covering larceny and embezzlement and insurance policy with respect to errors and omission coverage in amounts that are appropriate in light of its duties and responsibilities hereunder. Upon the reasonable request of the Fund, UMBFS shall provide evidence that coverage is in place. UMBFS shall notify the Fund should its insurance coverage with respect to professional liability or errors and omissions coverage be canceled and not be replaced.

Representations of UMBFS. UMBFS represents and warrants to the Trust that: A. It is a corporation duly organized and existing under the laws of the State of Wisconsin; it is empowered under applicable law and by its Articles of Incorporation and By-laws to enter into and perform this Agreement; and all requisite proceedings have been taken to authorize it to enter into and perform this Agreement. B. It is duly registered as a transfer agent under Section 17A of the 1934 Act to the extent required. C. It has received a copy of each Fund’s 's Prospectus which describes how sales and redemptions of Shares shall be made. D. It has and will continue to have access to the necessary facilities, equipment and personnel to perform its duties and obligations under this Agreement. E. It is conducting its business in compliance in all material respects with all applicable laws and regulations, both state and federal, and has obtained all regulatory approvals necessary to carry on its business as now conducted. F. It shall maintain a fidelity bond covering larceny and embezzlement and an insurance policy with respect to directors and officers errors and omission omissions coverage in amounts that are appropriate in light of its duties and responsibilities hereunder. Upon the reasonable request of the Fund, the UMBFS shall provide evidence that coverage is in place. UMBFS shall notify the Fund should its insurance coverage with respect to professional liability or errors and omissions coverage be canceled and not be replaced.

Representations of UMBFS. UMBFS represents and warrants to the Trust that: A. It is a corporation duly organized and existing under the laws of the State of Wisconsin; it is empowered under applicable law and by its Articles of Incorporation and By-laws to enter into and perform this Agreement; and all requisite proceedings have been taken to authorize it to enter into and perform this Agreement. B. It is duly registered as a transfer agent under Section 17A of the 1934 Act to the extent required. C. It has received a copy of each Fund’s 's Prospectus which describes how sales and redemptions of Shares shall be made. D. It has and will continue to have access to the necessary facilities, equipment and personnel to perform its duties and obligations under this Agreement. E. It is conducting its business in compliance in all material respects with all applicable laws and regulations, both state and federal, and has obtained all regulatory approvals necessary to carry on its business as now conducted. F. It shall maintain a fidelity bond covering larceny and embezzlement and an insurance policy with respect to directors and officers errors and omission omissions coverage in amounts that are appropriate in light of its duties and responsibilities hereunder. Upon the reasonable request of the FundFunds, UMBFS shall provide evidence that coverage is in place. UMBFS shall notify the Fund Funds should its insurance coverage with respect to professional liability or errors and omissions coverage be canceled and not be replaced.