Common use of Transactions Subject to NETWORKING Clause in Contracts

Transactions Subject to NETWORKING. For each Client-shareholder account opened or maintained pursuant to NETWORKING (“NETWORKING Accounts”), the Fund Agent shall accept, and effect changes in its records upon receipt, instructions, communications and actions from the Trust Entity electronically through NETWORKING without supporting documentation from the Client-shareholder. The Fund Agent shall be responsible for processing any such instructions, communications or actions from the Trust Entity and for executing the Trust Entity’s instructions in a timely manner according to the NSCC rules and procedures for Trust Level Processing (“Trust Level Processing”).

Appears in 8 contracts

Samples: Trust Networking Agreement (List Income Opportunities Fund), Trust Networking Agreement (ALPS Series Trust), Trust Networking Agreement (Financial Investors Trust)

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Transactions Subject to NETWORKING. For each Client-shareholder Shareholder account opened or maintained pursuant to NETWORKING ("NETWORKING Accounts"), the Fund Agent shall accept, and effect changes in its records upon receipt, instructions, communications and actions from the Trust Entity electronically through NETWORKING without supporting documentation from the Client-shareholder. The Fund Agent shall be responsible for processing any such instructions, communications or actions from the Trust Entity and for executing the Trust Entity’s 's instructions in a timely manner according to the NSCC rules and procedures for Trust Level Processing (“Trust Level Processing”).

Appears in 1 contract

Samples: Trust Fund/Serv Agreement (State Funds)

Transactions Subject to NETWORKING. For each Client-shareholder account opened or maintained pursuant to NETWORKING (“NETWORKING Accounts”), the Fund Agent or its agent shall accept, and effect changes in its records upon receipt, instructions, communications and actions from the Trust Entity electronically through NETWORKING without supporting documentation from the Client-shareholder. The Fund Agent shall be responsible for processing any such instructions, communications or actions from the Trust Entity and for executing the Trust Entity’s 's instructions in a timely manner according to the NSCC rules and procedures for Trust Level Processing (“Trust Level Processing”).

Appears in 1 contract

Samples: Trust Networking Agreement (GMO Series Trust)

Transactions Subject to NETWORKING. For each Client-shareholder Shareholder account opened or maintained pursuant to NETWORKING ("NETWORKING Accounts"), the Fund Agent shall accept, and effect changes in its records upon receipt, instructions, communications and actions from the Trust Entity electronically through NETWORKING without supporting documentation from the Client-shareholder. The Fund Agent shall be responsible for processing any such instructions, communications or actions from the Trust Entity and for executing the Trust Entity’s 's instructions in a timely manner according to the NSCC rules and procedures for Trust Level Processing (“Trust Level Processing”).

Appears in 1 contract

Samples: Trust Networking Agreement (Touchstone Investment Trust)

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Transactions Subject to NETWORKING. For each Client-shareholder Shareholder account opened or maintained pursuant to NETWORKING (“NETWORKING Accounts”), the Fund Agent shall accept, and effect changes in its records upon receipt, instructions, communications and actions from the Trust Entity electronically through NETWORKING without supporting documentation from the Client-shareholder. The Fund Agent shall be responsible for processing any such instructions, communications or actions from the Trust Entity and for executing the Trust Entity’s instructions in a timely manner according to the NSCC rules and procedures for Trust Level Processing (“Trust Level Processing”).

Appears in 1 contract

Samples: Services Agreement (Tweedy, Browne Fund Inc.)

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