Returned Checks. In the event that Countrywide is notified by the Trust's Custodian that any check or other order for the payment of money is returned unpaid for any reason, Countrywide will: A. Give prompt notification to the Trust of the non-payment of said check; B. In the absence of other instructions from the Trust, take such steps as may be necessary to redeem any shares purchased on the basis of such returned check and cause the proceeds of such redemption plus any dividends declared with respect to such shares to be credited to the account of the Trust and to request the Trust's Custodian to forward such returned check to the person who originally submitted the check; and C. Notify the Trust of such actions and correct the Trust's records maintained by Countrywide pursuant to this Agreement.
Appears in 9 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Gannett Welsh & Kotler Funds), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Tuscarora Investment Trust), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Atalanta Sosnoff Investment Trust)
Returned Checks. In the event that Countrywide is notified by the Trust's Custodian that any check or other order for the payment of money is returned unpaid for any reason, Countrywide will:
A. Give prompt notification to the Trust and the Underwriter of the non-payment of said check;
B. In the absence of other instructions from the TrustTrust or the Underwriter, take such steps as may be necessary to redeem any shares purchased on the basis of such returned check and cause the proceeds of such redemption plus any dividends declared with respect to such shares to be credited to the account of the Trust and to request the Trust's Custodian to forward such returned check to the person who originally submitted the check; and
C. Notify the Trust and Underwriter of such actions and correct the Trust's records maintained by Countrywide pursuant to this Agreement.
Appears in 9 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Stockjungle Com), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Winter Harbor Fund), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Lake Shore Family of Funds)
Returned Checks. In the event that Countrywide is notified by the Trust's Custodian that any check or other order for the payment of money is returned unpaid for any reason, Countrywide will:
A. Give prompt notification to the Trust and the Underwriter of the non-payment of said check;
B. In the absence of other instructions from the TrustTrust or the Underwriter, take such steps as may be necessary to redeem any shares purchased on the basis of such returned check and cause the proceeds of such redemption plus any dividends declared with respect to such shares to be credited to the account of the Trust and to request the Trust's Custodian to forward such returned check to the person who originally submitted the check; and
C. Notify the Trust of such actions and correct the Trust's records maintained by Countrywide pursuant to this Agreement.
Appears in 5 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (New York State Opportunity Funds), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Wells Family of Real Estate Funds), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Maplewood Investment Trust /Ma/)
Returned Checks. In the event that Countrywide is notified by the Trust's Custodian that any check or other order for the payment of money is returned unpaid for any reason, Countrywide will:
A. Give prompt notification to the Trust of the non-non- payment of said check;
B. In the absence of other instructions from the Trust, take such steps as may be necessary to redeem any shares purchased on the basis of such returned check and cause the proceeds of such redemption plus any dividends declared with respect to such shares to be credited to the account of the Trust and to request the Trust's Custodian to forward such returned check to the person who originally submitted the check; and
C. Notify the Trust of such actions and correct the Trust's records maintained by Countrywide pursuant to this Agreement.
Appears in 2 contracts
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Check Investment Trust), Administration, Accounting and Transfer Agency Agreement (Markman Multifund Trust)
Returned Checks. In the event that Countrywide is notified by the Trust's Custodian that any check or other order for the payment of money is returned unpaid for any reason, Countrywide will:
A. Give prompt notification to the Trust and the Underwriter of the non-payment of said check;
B. In the absence of other instructions from the Trust, take such steps as may be necessary to redeem any shares purchased on the basis of such returned check and cause the proceeds of such redemption plus any dividends declared with respect to such shares to be credited to the account of the Trust and to request the Trust's Custodian to forward such returned check to the person who originally submitted the check; and
C. Notify the Trust of such actions and correct the Trust's records maintained by Countrywide pursuant to this Agreement.
Appears in 2 contracts
Samples: Transfer Agency and Dividend Disbursing Agreement (Levco Series Trust), Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Interactive Investments)
Returned Checks. In the event that Countrywide is notified by the Trust's Custodian that any check or other order for the payment of money is returned unpaid for any reason, Countrywide will:
A. Give prompt notification to the Trust of the non-non- payment of said check;
B. In the absence of other instructions from the TrustTrust or the Underwriter, take such steps as may be necessary to redeem any shares purchased on the basis of such returned check and cause the proceeds of such redemption plus any dividends declared with respect to such shares to be credited to the account of the Trust and to request the Trust's Custodian to forward such returned check to the person who originally submitted the check; and
C. Notify the Trust of such actions and correct the Trust's records maintained by Countrywide pursuant to this Agreement.
Appears in 1 contract
Samples: Administration, Accounting and Transfer Agency Agreement (Schwartz Investment Trust)
Returned Checks. In the event that Countrywide is notified by the Trust's Custodian that any check or other order for the payment of money is returned unpaid for any reason, Countrywide will:
A. Give prompt notification to to,the Trust and the Underwriter of the non-payment of said check;
B. In the absence of other instructions from the TrustTrust or the Underwriter, take such steps as may be necessary to redeem any shares purchased on the basis of such returned check and cause the proceeds of such redemption plus any dividends declared with respect to such shares to be credited to the account of the Trust and to request the Trust's Custodian to forward such returned check to the person who originally submitted the check; and
C. Notify the Trust of such actions and correct the Trust's records maintained by Countrywide pursuant to this Agreement.
Appears in 1 contract
Samples: Transfer, Dividend Disbursing, Shareholder Service and Plan Agency Agreement (Westport Funds)
