Common use of Uniform Procedures Clause in Contracts

Uniform Procedures. The Agent and the Trust, from time to time, may adopt uniform or standard procedures, and the Agent may conclusively assume that any procedure approved by the Trust, or directed by the trust, does not conflict with or violate any requirements of the Trust's prospectuses, the Trust By-Laws, or other governing documents of the Trust, or any rule or regulation of any regulatory body or governmental agency. The Trust shall be responsible to notify the Agent of any changes in the Trust's By-Laws or in regulations or rules which might necessitate changes in the Agent's procedures.

Appears in 2 contracts

Samples: Accounting Services Agreement (Rydex Variable Trust), Accounting Services Agreement (Rydex Variable Trust)

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Uniform Procedures. The Agent and the Trust, from time to time, may adopt uniform or standard procedures, and the Agent may conclusively assume that any procedure approved by the Trust, or directed by the trust, does not conflict with or violate any requirements of the Trust's ’s prospectuses, the Trust By-LawsByLaws, or other governing documents of the Trust, or any rule or regulation of any regulatory body or governmental agency. The Trust shall be responsible to notify the Agent of any changes in the Trust's ’s By-Laws or in regulations or rules which might necessitate changes in the Agent's ’s procedures.

Appears in 1 contract

Samples: Accounting Services Agreement (Rydex Dynamic Funds)

Uniform Procedures. The Agent and the Trust, from time to time, may adopt uniform or standard procedures, and the Agent may conclusively assume that any procedure approved by the Trust, or directed by b y the trustTrust, does not conflict with or violate any requirements of the Trust's prospectuses, the Trust By-Lawslaws, or other governing documents of the Trust, or any rule or regulation of any regulatory body or governmental agency. The Trust shall be responsible to notify the Agent of any changes in the Trust's Trust s By-Laws laws or in regulations or rules which might necessitate changes in the Agent's procedures.

Appears in 1 contract

Samples: Accounting Services Agreement (Rydex Series Trust)

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Uniform Procedures. The Agent and the Trust, from time to time, may adopt uniform or standard procedures, and the Agent may conclusively assume that any procedure approved by the Trust, or directed by the trust, does not conflict with or violate any requirements of the Trust's prospectuses, the Trust By-LawsByLaws, or other governing documents of the Trust, or any rule or regulation of any regulatory body or governmental agency. The Trust shall be responsible to notify the Agent of any changes in the Trust's By-Laws or in regulations or rules which might necessitate changes in the Agent's procedures.

Appears in 1 contract

Samples: Agreement (Rydex Dynamic Funds)

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