Common use of Unpaid Checks Clause in Contracts

Unpaid Checks. In the event that any check or other order for payment of money on the account of any shareholder or new investor is returned for any reason, CMS will take such steps, including imposition of a reasonable processing or handling fee on such shareholder or investor, as CMS may, in CMS’s discretion, deem appropriate, or as the Trust or the Distributor may instruct CMS.

Appears in 11 contracts

Samples: Shareholders’ Servicing Agent Agreement (Columbia Funds Series Trust), Shareholders’ Servicing Agent Agreement (Columbia Funds Series Trust I), Shareholders’ Servicing Agent Agreement (Columbia Funds Series Trust)

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Unpaid Checks. In the event that any check or other order for payment of money on the account of any shareholder or new investor is returned for any reason, CMS will take such steps, including imposition of a reasonable processing or handling fee on such shareholder or investor, as CMS may, in CMS’s 's discretion, deem appropriate, or as the each Trust or the Distributor may instruct CMS.

Appears in 5 contracts

Samples: Transfer, Dividend Disbursing and Shareholders' Servicing Agent Agreement (Columbia Funds Trust Vi), Transfer, Dividend Disbursing and Shareholders' Servicing Agent Agreement (Columbia Funds Trust Xi), Servicing Agent Agreement (CMG Fund Trust)

Unpaid Checks. In the event that any check or other order for payment of money on the account of any shareholder or new investor is returned for any reason, CMS will take such steps, including imposition of a reasonable processing or handling fee on such shareholder or investor, as CMS may, in CMS’s discretion, deem appropriate, or as the each Trust or the Distributor may instruct CMS.

Appears in 5 contracts

Samples: Shareholders’ Servicing Agent Agreement (Columbia Funds Series Trust I), Shareholders’ Servicing Agent Agreement (Columbia Funds Variable Insurance Trust), Shareholders’ Servicing Agent Agreement (Columbia Funds Variable Insurance Trust)

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Unpaid Checks. In the event that any check or other order for payment of money on the account of any shareholder or new investor is returned for any reason, CMS will take such steps, including imposition of a reasonable processing or handling fee on such shareholder or investor, as CMS may, in CMS’s 's discretion, deem appropriate, or as the Trust or the Distributor may instruct CMS.

Appears in 2 contracts

Samples: Transfer, Dividend Disbursing and Shareholders' Servicing Agent Agreement (Banc of America Funds Trust), Transfer, Dividend Disbursing and Shareholders' Servicing Agent Agreement (Banc of America Funds Trust)

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