Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services: (a) Receive for acceptance, orders for the purchase of Shares; (b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account; (c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian. (d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriter; (e) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders; (f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions; (g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund; (h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct; (i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing; (j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and (k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes; (l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends; (m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and (n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings; (o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence; (p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and (q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust. (r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 10 contracts
Samples: Transfer Agency and Service Agreement (Advisers Investment Trust), Transfer Agency and Service Agreement (Advisers Investment Trust), Transfer Agency and Service Agreement
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the The Trust, on behalf of the FundsPortfolios, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent hereby agrees to act as its transfer agent and dividend disbursing agent for each Fund’s authorized and issued the Trust's shares of beneficial interest (“"Shares”"), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares, and promptly deliver payment and appropriate documentation thereof to the appropriate custodian of the Trust (each a "Custodian");
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver deliver the appropriate instructions documentation thereof to the custodian.Custodian;
(d) In respect to the transactions described in items (a), (b) ), and (c) ), above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing authorized by the Trust or its authorized principal underwriterTrust;
(e) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholdersshareholder(s) of the Trust ("Shareholder");
(f) Effect transfers of Shares by the registered owners thereof upon receipt of the appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable FundPortfolio;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;; and
(ji) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which that are authorizedissued and outstanding, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding outstanding, and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 9 contracts
Samples: Transfer Agency and Service Agreement (State Farm Mutual Fund Trust), Transfer Agency and Service Agreement (State Farm Mutual Fund Trust), Transfer Agency and Service Agreement (State Farm Associates Funds Trusts)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the The Trust, on behalf of the FundsPortfolios, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent hereby agrees to act as its transfer agent and dividend disbursing agent for each Fundthe Trust’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares, and promptly deliver payment and appropriate documentation thereof to the appropriate custodian of the Trust (each a “Custodian”);
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver deliver the appropriate instructions documentation thereof to the custodian.Custodian;
(d) In respect to the transactions described in items (a), (b) ), and (c) ), above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing authorized by the Trust or its authorized principal underwriterTrust;
(e) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholdersshareholder(s) of the Trust (“Shareholder”);
(f) Effect transfers of Shares by the registered owners thereof upon receipt of the appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable FundPortfolio;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;; and
(ji) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which that are authorizedissued and outstanding, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding outstanding, and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 4 contracts
Samples: Transfer Agency and Service Agreement (State Farm Mutual Fund Trust), Transfer Agency and Service Agreement (State Farm Associates Funds Trusts), Transfer Agency and Service Agreement (State Farm Mutual Fund Trust)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the TrustFund, on behalf of the Fundsitself and, where applicable, its Portfolios, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as as, its transfer agent for each the Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar agent and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each the Fund and of any Portfolios of the respective Funds of the Trust Fund (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds), including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, Transfer Agent and the Transfer AgentFund and its Portfolios (the “Operating Procedures”), with such changes or deviations therefrom as have been (or may from time to time be) agreed upon in writing by the parties, the Transfer Agent agrees that it will perform the following services:
(a) Establish each Shareholder’s account in the Fund on the Transfer Agent’s recordkeeping system and maintain such account for the benefit of such Shareholder in accordance with the Procedures;
(b) Receive for acceptance, acceptance and process orders for the purchase of Shares, and promptly deliver payment and appropriate documentation thereof to the custodian for the Fund (the “Custodian”);
(bc) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(cd) Receive for acceptance and process redemption requests and redemption directions and effect redemptions. Deliver deliver the appropriate instructions documentation thereof to the custodian.Custodian;
(de) In respect to the transactions in items (a), ) through (b) and (cd) above, the Transfer Agent shall may execute transactions directly only with those broker-dealers approved in advance in writing or other intermediaries authorized by the Trust or its authorized principal underwriterFund;
(ef) At the appropriate time as and when it receives monies paid to it from by the custodian Custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming ShareholdersShareholders or other appropriately designated payees;
(fg) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(gh) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of Fund or any Portfolio thereof, as the applicable Fundcase may be;
(hi) If applicable, issue replacement certificates for those certificates alleged to have been lost, stolen or destroyed upon receipt by the Transfer Agent of indemnification satisfactory to the Transfer Agent and protecting the Transfer Agent and the Fund, and the Transfer Agent at its option, may issue replacement certificates in place of mutilated stock certificates upon presentation thereof and without such indemnity;
(j) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(ik) Maintain records of account for and advise the Trust Fund and its Shareholders as to the foregoing;
(jl) Record the issuance of Shares of the Trust Fund and maintain pursuant to SEC Rule 17Ad-10(e) under the Securities Exchange Act of 1934, as amended (the “1934 Act”), a record of the total number of Shares of the Trust Fund which are authorized, based upon data provided to it by the TrustFund, and issued and outstanding. The Transfer Agent shall also provide the Trust Fund on a regular basis or at the Fund’s reasonable written request with the total number of Shares which are authorized and issued and outstanding and outstanding. The Transfer Agent shall have no obligation, when recording notify the Fund in the event any proposed issue of Shares by the Fund will result in an over issuance of Shares, the authorized shares of a particular class or series of Shares of the Fund or if the authorized but unissued shares for a particular class or series of Shares of the Fund exceed a threshold specified by the Fund. The Fund agrees to monitor notify the issuance of such Shares or to take cognizance Transfer Agent promptly of any laws relating to change in the issue number of Shares registered under the Securities Act of 1933, as amended (the “1933 Act”), or sale of such Shares, which functions shall be the sole responsibility termination of the Trust; andFund’s declaration under Rule 24f-2 of the 1940 Act.
(km) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, entry and electronic instructions, including e-mail communications, which have been prepared, maintained or performed provided by the Trust Fund or any other person or firm on behalf of the Trust Fund or from insurance company separate accounts (“Separate Accounts”), broker-dealers of record or third-party administrators (“TPAs”) on behalf of individual Shareholders. With respect to transaction requestsrequests received in the foregoing manner, the Transfer Agent may rely on the Trust to ensure shall not be responsible for determining that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended1940 Act, and it will be the Trust will responsibility of the Fund to require the its broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the TrustFund’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(ln) Maintain and manage, as agent for the Fund, such bank accounts as the Transfer Agent shall deem necessary to for the performance of its duties hereunderunder this Agreement, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies Fund dividends and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetingsdistributions;
(o) Research Receive correspondence pertaining to any former, existing or new Shareholder account, process such correspondence for proper recordkeeping and provide Shareholders with their account information through various means, including but not limited to, telephone calls and respond to Shareholder correspondence;; and
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided Process any request from a Shareholder to the Transfer Agent by the Trustchange account registration, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only beneficiary, beneficiary information, transfer and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares rollovers in accordance with written procedures agreed upon with the TrustProcedures.
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 2 contracts
Samples: Transfer Agency and Service Agreement (Dfa Investment Dimensions Group Inc), Transfer Agency and Service Agreement (Dimensional Investment Group Inc)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares;
(b) Impose and collect any redemption fees in accordance with the Funds’ prospectuses;
(c) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(cd) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian.
(de) In respect to the transactions in items (a), (bc) and (cd) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriterTrust;
(ef) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(fg) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(gh) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(hi) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(ij) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(jk) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) under the Securities Exchange Act of 1934 as amended (the “Exchange Act”) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and;
(kl) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amendedamended (“1940 Act”), and the Trust will require the broker-dealers or TPAs third party administrators to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(lm) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(mn) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.; and
(rq) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 2 contracts
Samples: Transfer Agency and Service Agreement (Northern Institutional Funds), Transfer Agency and Service Agreement (Northern Funds)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares;
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian.
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers and banks approved in advance in writing by the Trust or its authorized principal underwriterTrust;
(e) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(po) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting processactivities; and
(qp) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.
(rq) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 2 contracts
Samples: Transfer Agency and Service Agreement (Rimrock Funds Trust), Transfer Agency and Service Agreement (Rimrock Funds Trust)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares;
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodiancustodian of the Trust.
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriterTrust;
(e) At the appropriate time as and when it receives monies paid to it from the custodian of the Trust with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and the Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such not issue any shares in any jurisdiction in which Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust are not authorized for sale. For purposes of the foregoing, the Transfer Agent may reasonably rely on a list of jurisdictions in which Shares of the Trust are authorized for sale provided by the Trust; and;
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other authorized person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may may, upon instruction from the Trust, rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended1940 Act, and the Trust will require the broker-dealers or TPAs (as defined below) to retain such documentation. EThe Trust may e-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer AgentAgent with respect to routine matters. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and;
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and other forms of correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust based on reasonably designed to allow the Trust or the Trust’s administrator to monitor the trading activity for short-term trading by direct Shareholders (i.e. not transmitted via an intermediary, except to the extent relevant trading information is available) that may be harmful to the Funds in accordance with the Funds’ procedures adopted pursuant to Rule 22c-2 under the 1940 Act and parameters provided to the Transfer Agent by the Trust, as amended from time to timetime and, at the reasonable request of the Trust, implement trading restrictions or warnings on direct Shareholder accounts (i.e. not transmitted via an intermediary, except to the extent relevant trading information is available) in accordance with such procedures. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; andactivities;
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.; and
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 2 contracts
Samples: Transfer Agency and Services Agreement (JOHCM Funds Trust), Transfer Agency and Services Agreement (JOHCM Funds Trust)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the TrustFund, on behalf of the Fundsitself and, where applicable, its Portfolios, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as as, its transfer agent for each the Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar agent and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each the Fund and of any Portfolios of the respective Funds of the Trust Fund (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds), including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, Transfer Agent and the Transfer AgentFund and its Portfolios (the “Operating Procedures”), with such changes or deviations therefrom as have been (or may from time to time be) agreed upon in writing by the parties, the Transfer Agent agrees that it will perform the following services:
(a) Establish each Shareholder’s account in the Fund on the Transfer Agent’s recordkeeping system and maintain such account for the benefit of such Shareholder in accordance with the Procedures;
(b) Receive for acceptance, acceptance and process orders for the purchase of Shares, and promptly deliver payment and appropriate documentation thereof to the custodian for the Fund (the “Custodian”);
(bc) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(cd) Receive for acceptance and process redemption requests and redemption directions and effect redemptions. Deliver deliver the appropriate instructions documentation thereof to the custodian.Custodian;
(de) In respect to the transactions in items (a), ) through (b) and (cd) above, the Transfer Agent shall may execute transactions directly only with those broker-dealers approved in advance in writing or other intermediaries authorized by the Trust or its authorized principal underwriterFund;
(ef) At the appropriate time as and when it receives monies paid to it from by the custodian Custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming ShareholdersShareholders or other appropriately designated payees;
(fg) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(gh) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of Fund or any Portfolio thereof, as the applicable Fundcase may be;
(hi) If applicable, issue replacement certificates for those certificates alleged to have been lost, stolen or destroyed upon receipt by the Transfer Agent of indemnification satisfactory to the Transfer Agent and protecting the Transfer Agent and the Fund, and the Transfer Agent at its option, may issue replacement certificates in place of mutilated stock certificates upon presentation thereof and without such indemnity;
(j) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(ik) Maintain records of account for and advise the Trust Fund and its Shareholders as to the foregoing;
(jl) Record the issuance of Shares of the Trust Fund and maintain pursuant to SEC Rule 17Ad-10(e) under the Securities Exchange Act of 1934, as amended (the “1934 Act”), a record of the total number of Shares of the Trust Fund which are authorized, based upon data provided to it by the TrustFund, and issued and outstanding. The Transfer Agent shall also provide the Trust Fund on a regular basis or at the Fund’s reasonable written request with the total number of Shares which are authorized and issued and outstanding and outstanding. The Transfer Agent shall have no obligation, when recording notify the Fund in the event any proposed issue of Shares by the Fund will result in an over issuance of Shares, to monitor the issuance authorized shares of such a particular class or series of Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; andFund or if the authorized but unissued shares for a particular class or series of Shares of the Fund exceed a threshold specified by the Fund.
(km) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, entry and electronic instructions, including e-mail communications, which have been prepared, maintained or performed provided by the Trust Fund or any other person or firm on behalf of the Trust Fund or from insurance company separate accounts (“Separate Accounts”), broker-dealers of record or third-party administrators (“TPAs”) on behalf of individual Shareholders. With respect to transaction requestsrequests received in the foregoing manner, the Transfer Agent may rely on the Trust to ensure shall not be responsible for determining that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended1940 Act, and it will be the Trust will responsibility of the Fund to require the its broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the TrustFund’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(ln) Maintain and manage, as agent for the Fund, such bank accounts as the Transfer Agent shall deem necessary to for the performance of its duties hereunderunder this Agreement, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies Fund dividends and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetingsdistributions;
(o) Research Receive correspondence pertaining to any former, existing or new Shareholder account, process such correspondence for proper recordkeeping and provide Shareholders with their account information through various means, including but not limited to, telephone calls and respond to Shareholder correspondence;; and
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided Process any request from a Shareholder to the Transfer Agent by the Trustchange account registration, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only beneficiary, beneficiary information, transfer and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares rollovers in accordance with written procedures agreed upon with the TrustProcedures.
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 2 contracts
Samples: Transfer Agency and Service Agreement (Dimensional Emerging Markets Value Fund), Transfer Agency and Service Agreement (Dfa Investment Trust Co)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares;
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
; (c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian.
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriter;
(e) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 1 contract
Samples: Transfer Agency and Service Agreement (Advisers Investment Trust)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of SharesShares of a Fund, and deliver payment and appropriate documentation thereof as soon as reasonably practicable to the authorized custodian of the Fund (the “Custodian”);
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodianCustodian.
(d) In respect to of the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriteron behalf of the applicable Fund;
(e) At the appropriate time as and when it receives monies paid to it from the custodian Custodian with respect to any redemptionredemption of Shares of a Fund, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and the Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without willful default, willful misconduct, fraud, negligence or willful misconductgross negligence in the performance of its duties and obligations under this Agreement or reckless disregard of its duties and obligations under this Agreement;
(i) Maintain and keep all books, accounts and other records of account for and advise the Trust and its Shareholders the Funds that relate to activities performed by or on behalf of the Transfer Agent under this Agreement and, if required by the Investment Company Act of 1940, as amended (the “1940 Act”), maintain and keep such books, accounts and records in accordance with the 1940 Act. In compliance with the requirements of Rule 31a-3 under the 1940 Act, the Transfer Agent agrees that all records which it maintains for a Fund shall at all times remain the property of the Fund, shall be readily accessible during normal business hours, and shall be promptly surrendered upon the termination of this Agreement or otherwise upon request. The Transfer Agent further agrees that all records which it maintains for a Fund pursuant to Rule 31a-1 under the 1940 Act will be preserved for the periods prescribed by Rule 31a-2 under the 1940 Act, unless any such records are earlier surrendered as provided above. Records shall be surrendered in hard copy, computer disc or other accessible electronic format. The Transfer Agent shall not have the right to retain copies of such records without the Fund’s prior written consent. Notwithstanding the foregoing, each Fund consents to the foregoingTransfer Agent retaining copies of such records that are stored in a central archival system as long as access to such system is restricted to the Transfer Agent’s officers, directors, employees, advisors and representatives with a need to know the information contained therein; provided that such persons shall be bound to treat such information confidential in accordance with the terms of this Agreement. Any records retained by the Transfer Agent shall be subject to observance of its confidentiality obligations under this Agreement;
(j) Record the issuance of Shares of the Trust each Fund and maintain pursuant to SEC Rule 17Ad-10(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) a record of the total number of Shares of the Trust and each Fund which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust and each Fund on a regular basis with the total number of Shares of the Trust and each Fund which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and;
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust a Fund, or any other person or firm on behalf of the Trust a Fund or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on any Instructions from the Trust to ensure that the original source documentation is in good orderFund’s Distributor, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs a TPA. The Transfer Agent shall only be required to retain maintain the original source documents relating to the transaction request when such documentationtransaction request comes directly to the Transfer Agent from the investor and not through the Fund’s Distributor, broker-dealer or a TPA. E-mail exchanges on routine matters may be made directly with the Trusteach Fund’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust a Fund’s dividends;
(m) Report abandoned property to state authorities as authorized by the Trust relevant Fund in accordance with the policies and procedures agreed upon by the Trust Fund and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and;
(n) Provide coordination and assistance with respect to proxy statements of the Trust each Fund and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(p) Provide the Trust each Fund with periodic reports on trading activity in the Trust Fund based on parameters provided to the Transfer Agent by the TrustFund, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to each Fund’s compliance with Rule 22c-2 under the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and1940 Act.
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares of a Fund in accordance with written procedures agreed upon with the Trust.Fund; and
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 1 contract
Samples: Transfer Agency and Service Agreement (Del Rey Global Investors Funds)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, dividend reinvestment open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares;
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian.custodian of the Trust;
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriterTrust;
(e) At the appropriate time as and when it receives monies paid to it from the custodian of the Trust with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by to the redeeming appropriate Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence negligence, fraud or willful misconductmisconduct or breach of this Agreement;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such not issue any shares in any jurisdictions in which Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust are not authorized for sale or in violation of applicable law. For purposes of the foregoing, the Transfer Agent may rely on a list of jurisdictions in which Shares of the Trust are authorized for sale provided by the Trust; and;
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual ShareholdersShareholders (“TPAs”). With respect to transaction requestsrequests from broker-dealers or TPAs, the Transfer Agent may rely on shall effectuate the Trust requests and have no responsibility to ensure that the original source documentation relating to the underlying orders aggregated and transmitted to Transfer Agent by a TPA or broker-dealer, is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers order or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changeschanges unless otherwise instructed in writing by the Trust;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses directly associated with such services; and;
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls calls, emails and other forms of correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust reasonably designed to allow the Trust or the Trust’s administrator to monitor the trading activity for short-term trading that may be harmful to the Funds and which is based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and;
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.;
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds; and
(s) Maintain and operate a system which will enable it to monitor the total number of Shares sold in each state and the Trust or its administrator to make filings required under state securities laws.
(t) Confirm receipt of purchase and/or redemption orders and directions promptly to the sender, as requested by the Funds, which requests may be standing requests.
(u) Transmit, as instructed by the Fund, which instructions may be standing instructions, any information, data or documents which were calculated, determined or prepared by Transfer Agent, or with the assistance of Transfer Agent, in connection with this Agreement.
Appears in 1 contract
Samples: Transfer Agency and Service Agreement (Ashmore Funds)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares, and deliver payment and appropriate documentation thereof as soon as reasonably practicable to the custodian;
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian.
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriterTrust;
(e) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust (including, but not limited to, FCI) or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust (or any person or firm acting on behalf of the Trust) to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the TrustTrust (or FCI), as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting processactivities; and
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 1 contract
Samples: Transfer Agency and Service Agreement (Clearwater Investment Trust)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares;
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian.. AIT — Independent Franchise Partners
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriter;
(e) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 1 contract
Samples: Transfer Agency and Service Agreement (Advisers Investment Trust)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust a Trust, on behalf of each of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following servicesshall:
(ai) Receive for acceptance, receive orders for the purchase of SharesShares from the Trust and process all purchases that meet the Transfer Agent’s processing guidelines, and promptly deliver payment and appropriate documentation thereof to the custodian of a Fund as identified by the Trust (the “Custodian”);
(bii) Pursuant pursuant to such purchase orders, issue the appropriate number of Shares and hold book such Shares in Share issuance to the appropriate Shareholder account;
(ciii) Receive for acceptance receive redemption requests and redemption directions from the Trust and effect redemptions. Deliver process all redemptions that meet the Transfer Agent’s processing guidelines, and deliver the appropriate instructions documentation thereof to the custodian.Custodian;
(div) In with respect to the transactions in items (a), (bi) and (ciii) above, the Transfer Agent shall execute may process transactions received directly only with those from broker-dealers approved in advance in writing or other intermediaries authorized by the Trust who shall thereby be deemed to be acting on behalf of the Trust or its authorized principal underwriterdirectly from investors pursuant to Section 1.3(vii)(b) below;
(ev) At at the appropriate time as and when it receives monies paid to it from by the custodian Custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(fvi) Effect transfers process Shareholder account maintenance instructions received directly from broker-dealers or other intermediaries authorized per procedures (including, but not limited to, any enhanced Transfer Agent procedures to authenticate and validate instructions to change an account’s registration or wire transfer instructions) established by mutual agreement of the Transfer Agent and the Trust;
(vii) process transfer of Shares by the of registered owners thereof upon receipt of appropriate instructionsproper instruction and approval by the Trust;
(gviii) Prepare process and transmit payments for any dividends and distributions declared by the Trust on behalf of the applicable Fund;; and
(hix) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record record the issuance of Shares of the Trust applicable Fund and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust each Fund which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also ; and provide the Trust on a regular basis with the total number of Shares of each Fund which are authorized and issued and outstanding and but Transfer Agent shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares to determine if there are authorized Shares available for issuance or to take cognizance of any laws relating to to, or corporate actions required for, the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the TrustFund.
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 1 contract
Samples: Transfer Agency and Service Agreement (BlackRock Funds III)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest common stock (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares;
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian;
1 Although Sxxxxxx Funds, Inc. is a Maryland corporation, it is referred to as the “Trust” for purposes of this Agreement.
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriterTrust;
(e) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or negligence, willful misconduct, willful misfeasance, or fraud or reckless disregard of its obligations under this Agreement;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and;
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs (as defined in Section 2.1 of this Agreement) to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and;
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(p) Provide the Trust with periodic reports on trading activity activity, including reports related to late trading, in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; andactivities;
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.;
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds;
(s) Upon reasonable request of the Trust, the Transfer Agent shall provide the Trust with a copy of the Transfer Agent’s Service Organizational Control (SOC) 1 reports (or any successor reports) (a “SOC Report”) prepared in accordance with the requirements of AT section 801, Reporting on Controls at a Service Organization (formerly Statement on Standards for Attestation Engagements (SSAE) No. 16); and
(t) Cooperate with the Trust’s independent public accountants and take all reasonable actions in the performance of its obligations under this Agreement to provide such information, as may be reasonably requested by the Trust from time to time, to such accountants for the expression of their opinion.
Appears in 1 contract
Samples: Transfer Agency and Service Agreement (Steward Funds, Inc.)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, dividend reinvestment open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares;
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian.custodian of the Trust;
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriterTrust;
(e) At the appropriate time as and when it receives monies paid to it from the custodian of the Trust with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by to the redeeming appropriate Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence negligence, fraud or willful misconductmisconduct or breach of this Agreement;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such not issue any shares in any jurisdictions in which Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust are not authorized for sale or in violation of applicable law. For purposes of the foregoing, the Transfer Agent may rely on a list of jurisdictions in which Shares of the Trust are authorized for sale provided by the Trust; and;
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual ShareholdersShareholders (“TPAs”). With respect to transaction requestsrequests from broker-dealers or TPAs, the Transfer Agent may rely on shall effectuate the Trust requests and have no responsibility to ensure that the original source documentation relating to the underlying orders aggregated and transmitted to Transfer Agent by a TPA or broker-dealer, is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers order or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changeschanges unless otherwise instructed in writing by the Trust;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses directly associated with such services; and;
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls calls, emails and other forms of correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust reasonably designed to allow the Trust or the Trust’s administrator to monitor the trading activity for short-term trading that may be harmful to the Funds and which is based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and;
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.;
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds; and
(s) Maintain and operate a system which will enable it to monitor the total number of Shares sold in each state and the Trust or its administrator to make filings required under state securities laws.
Appears in 1 contract
Samples: Transfer Agency and Service Agreement (Ashmore Funds)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares;
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian.
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriterTrust;
(e) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and the Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and;
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 19401940 Act, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and;
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(po) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; andactivities;
(qp) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.; and
(rq) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 1 contract
Samples: Transfer Agency and Services Agreement (JOHCM Funds Trust)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the TrustFund, on behalf of the Fundsitself and its Portfolios, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as as, its transfer agent for each the Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar agent and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust Fund (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds), including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, Transfer Agent and the Transfer AgentFund (the “Procedures”) with such changes or deviations there from as have been (or may from time to time be) agreed upon in writing by the parties, the Transfer Agent agrees that it will perform the following services:
(a) Establish each Shareholder’s account in the Fund on the Transfer Agent’s recordkeeping system and maintain such account for the benefit of such Shareholder in accordance with the Procedures;
(b) Receive for acceptance, acceptance and process orders for the purchase of Shares, and promptly deliver payment and appropriate documentation thereof to the Custodian of the Fund authorized pursuant to the organizational documents of the Fund (the “Custodian”);
(bc) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(cd) Receive for acceptance and process redemption requests and redemption directions and effect redemptions. Deliver deliver the appropriate instructions documentation thereof to the custodian.Custodian;
(de) In respect to the transactions in items (a), ) through (b) and (cd) above, the Transfer Agent shall may execute transactions directly only with those broker-dealers approved in advance in writing or other intermediaries authorized by the Trust or its authorized principal underwriterFund;
(ef) At the appropriate time as and when it receives monies paid to it from by the custodian Custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(fg) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(gh) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of Fund or any Portfolio thereof, as the applicable Fundcase may be;
(hi) If applicable, issue replacement certificates for those certificates alleged to have been lost, stolen or destroyed upon receipt by the Transfer Agent of indemnification satisfactory to the Transfer Agent and protecting the Transfer Agent and the Fund, and the Transfer Agent at its option, may issue replacement certificates in place of mutilated stock certificates upon presentation thereof and without such indemnity;
(j) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the TrustFund, and, as between the Fund and Trust the Transfer Agent, the Fund shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(ik) Maintain records of account for and advise the Trust Fund and its Shareholders as to the foregoing;
(jl) Record the issuance of Shares of the Trust Fund and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust Fund which are authorized, based upon data provided to it by the TrustFund, and issued and outstanding. The Transfer Agent shall also provide the Trust Fund on a regular basis with the total number of Shares which are authorized and issued and outstanding and but shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; andFund;
(km) Accept any information, records, documents, data, certificates, transaction requests in printed form or by machine readable input, facsimile, CRT data entry, entry and electronic instructions, including e-mail communications, which have been prepared, maintained or performed provided by the Trust Fund or any other person or firm on behalf of the Trust Fund or from broker-dealers of record or record, third-party administrators (“TPAs”) or other intermediaries on behalf of individual Shareholders. With respect to transaction requestsrequests received in the foregoing manner, the Transfer Agent may rely on the Trust to ensure shall not be responsible for determining that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended1940 Act, and it will be the Trust will responsibility of the Fund to require the its broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the TrustFund’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(ln) Maintain and manage, as agent for the Fund, such bank accounts as the Transfer Agent shall deem necessary to for the performance of its duties hereunderunder this Agreement, including but not limited to, the processing of Share purchases and redemptions and the payment of Fund dividends and distributions. The Transfer Agent may maintain such accounts at the Trust dividends;
(m) Report abandoned property to state authorities as authorized bank or banks deemed appropriate by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; . In connection with the recordkeeping and other services provided that to the Trust agrees to pay Fund hereunder, the Transfer Agent may receive compensation from such banks for the reasonable out-of-pocket expenses associated with management of such services; and
(n) Provide coordination accounts and assistance with respect to proxy statements such compensation may be calculated based upon the average balances of the Trust and Shareholder meetingssuch accounts;
(o) Research Receive correspondence pertaining to any former, existing or new Shareholder account, process such correspondence for proper recordkeeping and provide Shareholders with their account information through various means, including but not limited to, telephone calls and respond to Shareholder correspondence;; and
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided Process any request from a Shareholder to the Transfer Agent by the Trustchange account registration, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only beneficiary, beneficiary information, transfer and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares rollovers in accordance with written procedures agreed upon with the TrustProcedures.
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 1 contract
Samples: Transfer Agency and Service Agreement (Commerce Funds)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as as, its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares;
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian.
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriterTrust;
(e) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(po) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting processactivities; and
(qp) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.
(rq) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 1 contract
Samples: Transfer Agency and Service Agreement (Brandes Investment Trust)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares;
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian.
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriter;
(e) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and the Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and;
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 19401940 Act, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and;
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; andactivities;
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.; and
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 1 contract
Samples: Transfer Agency and Services Agreement (Datum One Series Trust)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares;
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
; (c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian.
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriter;
(e) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
; (l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 1 contract
Samples: Transfer Agency and Service Agreement (Advisers Investment Trust)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the Funds, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s authorized and issued shares of beneficial interest (“Shares”), dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and set out in the currently effective prospectus(es) and statement(s) of additional information (“prospectus”) of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal program. In accordance with procedures established from time to time by agreement between the Trust on behalf of the Funds, as applicable, and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of Shares;
(b) Pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(c) Receive for acceptance redemption requests and redemption directions and effect redemptions. Deliver the appropriate instructions thereof to the custodian.
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriterTrust;
(e) At the appropriate time as and when it receives monies paid to it from the custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming Shareholders;
(f) Effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions;
(g) Prepare and transmit payments for dividends and distributions declared by the Trust on behalf of the applicable Fund;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its Shareholders as to the foregoing;
(j) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting processactivities; and
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 1 contract
Samples: Transfer Agency and Service Agreement (Williams Capital Management Trust)
Transfer Agency Services. Subject to the terms and conditions set forth in this Agreement, the Trust, on behalf of the FundsPortfolios, hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as its transfer agent for each Fund’s the Trust's authorized and issued shares of its beneficial interest interests (“"Shares”), ") and dividend disbursing agent, registrar and agent in connection with any accumulation, open-account or similar plan provided to the shareholders of each of the respective Funds of the Trust (“Shareholders”) and as set out in the currently effective prospectus(es) prospectus and statement(s) statement of additional information (“"prospectus”") of the Trust on behalf of the Funds, including without limitation any periodic investment plan or periodic withdrawal programapplicable Portfolio. In accordance with procedures established from time to time by agreement between the Trust on behalf of each of the FundsPortfolios, as applicable, applicable and the Transfer Agent, the Transfer Agent agrees that it will perform the following services:
(a) Receive for acceptance, orders for the purchase of SharesShares from the Investment Advisors on behalf of the Shareholders, and promptly deliver payment and appropriate documentation thereof to the Custodian of the Trust authorized pursuant to the Declaration of Trust of the Trust (the "Custodian");
(b) Pursuant to such purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account;
(c) Receive for acceptance redemption requests and redemption directions from the Investment Advisors and effect redemptions. Deliver deliver the appropriate instructions documentation thereof to the custodian.Custodian;
(d) In respect to the transactions in items (a), (b) and (c) above, the Transfer Agent shall execute transactions directly only with those broker-dealers approved in advance in writing by the Trust or its authorized principal underwriterInvestment Advisors;
(e) At the appropriate time as and when it receives monies paid to it from by the custodian Custodian with respect to any redemptionredemption by the Investment Advisors on behalf of Shareholders, pay over or cause to be paid over in the appropriate manner such monies as instructed by the redeeming ShareholdersInvestment Advisors;
(f) Effect transfers of Shares by the Investment Advisors on behalf of the registered owners thereof Shareholders upon receipt of appropriate instructionsinstructions from the Investment Advisors;
(g) Prepare and transmit payments to the Investment Advisors for dividends and distributions declared by the Trust on behalf of the applicable FundTrust;
(h) Issue replacement checks and place stop orders on original checks based on a Shareholder’s representation that a check was not received or was lost. Such stop orders and replacements will be deemed to have been made at the request of the Trust, and Trust shall be responsible for all losses or claims resulting from such replacement, provided that the Transfer Agent acted in good faith and without negligence or willful misconduct;
(i) Maintain records of account for and advise the Trust and its the Investment Advisors for the Shareholders as to the foregoing;; and
(ji) Record the issuance of Shares of the Trust and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares of the Trust which are authorized, based upon data provided to it by the Trust, and issued and outstanding. The Transfer Agent shall also provide the Trust on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which functions shall be the sole responsibility of the Trust; and
(k) Accept any information, records, documents, data, certificates, transaction requests by machine readable input, facsimile, CRT data entry, electronic instructions, including e-mail communications, which have been prepared, maintained or performed by the Trust or any other person or firm on behalf of the Trust or from broker-dealers of record or third-party administrators on behalf of individual Shareholders. With respect to transaction requests, the Transfer Agent may rely on the Trust to ensure that the original source documentation is in good order, which includes compliance with Rule 22c-1 under the Investment Company Act of 1940, as amended, and the Trust will require the broker-dealers or TPAs to retain such documentation. E-mail exchanges on routine matters may be made directly with the Trust’s contact at the Transfer Agent. The Transfer Agent will not act on any e-mail communications coming to it directly from Shareholders requesting transactions, including, but not limited to, monetary transactions, change of ownership, or beneficiary changes;
(l) Maintain such bank accounts as the Transfer Agent shall deem necessary to the performance of its duties hereunder, including but not limited to, the processing of Share purchases and redemptions and the payment of the Trust dividends;
(m) Report abandoned property to state authorities as authorized by the Trust in accordance with the policies and procedures agreed upon by the Trust and the Transfer Agent; provided that the Trust agrees to pay the Transfer Agent for the reasonable out-of-pocket expenses associated with such services; and
(n) Provide coordination and assistance with respect to proxy statements of the Trust and Shareholder meetings;
(o) Research and provide Shareholders with their account information through various means, including but not limited to, telephone calls and correspondence;
(p) Provide the Trust with periodic reports on trading activity in the Trust based on parameters provided to the Transfer Agent by the Trust, as amended from time to time. The services to be performed by the Transfer Agent for the Trust hereunder will be ministerial and/or administrative only and the Transfer Agent shall have no direct responsibility for monitoring or reviewing market timing activities except to the extent that Transfer Agent shall notify the Trust of items identified as a result of its reporting process; and
(q) Account for and administer the redemption fees if applicable on the redemption and exchange of Shares in accordance with written procedures agreed upon with the Trust.
(r) Answer telephone inquiries on such dates and times as the parties shall mutually agree. Such inquiries may include requests for information on account set-up and other general questions regarding operation of the Funds.
Appears in 1 contract
Samples: Transfer Agency Agreement (AllianceBernstein Pooling Portfolios)
