Common use of USE OF FUND/SERV AND NETWORKING Clause in Contracts

USE OF FUND/SERV AND NETWORKING. The Trust has authorized or in the future may authorize Forum to act as a "Mutual Fund Services Member" for the Trust or various Funds. Fund/SERV and Networking are services sponsored by the National Securities Clearing Corporation ("NSCC") and as used herein have the meanings as set forth in the then current edition of NSCC RULES AND PROCEDURES published by NSCC or such other similar publication as may exist from time to time. The Trust shall indemnify and hold Forum harmless from and against any and all losses, damages, costs, charges, reasonable counsel fees, payments, expenses and liability arising directly or indirectly out of or attributed to any action or failure or omission to act by NSCC.

Appears in 9 contracts

Samples: Agency and Services Agreement (Forum Funds Inc), Forum Funds Transfer Agency Agreement (Forum Funds), Monarch Funds Transfer Agency Agreement (Monarch Funds)

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USE OF FUND/SERV AND NETWORKING. The Trust has authorized or in the future may authorize Forum to act as a "Mutual Fund Services Member" for the Trust or various Funds. Fund/SERV and Networking are services sponsored by the National Securities Clearing Corporation ("NSCC") and as used herein have the meanings as set forth in the then current edition of NSCC RULES AND PROCEDURES Rules and Procedures published by NSCC or such other similar publication as may exist from time to time. The Trust shall indemnify and hold Forum harmless from and against any and all losses, damages, costs, charges, reasonable counsel fees, payments, expenses and liability arising directly or indirectly out of or attributed to any action or failure or omission to act by NSCC.

Appears in 8 contracts

Samples: Administration Agreement (Forum Funds), Agreement (Forum Funds), Administration Agreement (Forum Funds)

USE OF FUND/SERV AND NETWORKING. The Trust Corporation has authorized or in the future may authorize Forum to act as a "Mutual Fund Services Member" for the Trust Corporation or various Funds. Fund/SERV and Networking are services sponsored by the National Securities Clearing Corporation ("NSCC") and as used herein have the meanings as set forth in the then current edition of NSCC RULES AND PROCEDURES Rules and Procedures published by NSCC or such other similar publication as may exist from time to time. The Trust Corporation shall indemnify and hold Forum harmless from and against any and all losses, damages, costs, charges, reasonable counsel fees, payments, expenses and liability arising directly or indirectly out of or attributed to any action or failure or omission to act by NSCC.

Appears in 2 contracts

Samples: Agency and Services Agreement (Tanaka Funds Inc), Agency and Services Agreement (Amerindo Funds Inc)

USE OF FUND/SERV AND NETWORKING. The Trust has authorized or in the future may authorize Forum to act as a "Mutual Fund Services MemberFund/SERV" and "Networking" processing agent for the Trust or various Funds. Fund/SERV and Networking are services sponsored by the National Securities Clearing Corporation ("NSCC") and as used herein have the meanings as set forth in the then current edition of NSCC RULES AND PROCEDURES published by the Rules of the SCC Division of NSCC or such other similar publication as may exist from time to time. The Trust shall indemnify and hold Forum harmless from and against any and all losses, damages, costs, charges, reasonable counsel fees, payments, expenses and liability arising directly or indirectly out of or attributed to any action or failure or omission to act by NSCC.

Appears in 1 contract

Samples: Agency and Services Agreement (Cutler Trust)

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USE OF FUND/SERV AND NETWORKING. The Trust Fund has authorized or in the ------------------------------- future may authorize Forum to act as a "Mutual Fund Services Member" for the Trust or various FundsFund. Fund/SERV and Networking are services sponsored by the National Securities Clearing Corporation ("NSCC") and as used herein have the meanings as set forth in the then current edition of NSCC RULES AND PROCEDURES Rules and Procedures published by ------------------------- NSCC or such other similar publication as may exist from time to time. The Trust Fund shall indemnify and hold Forum harmless from and against any and all losses, damages, costs, charges, reasonable counsel fees, payments, expenses and liability arising directly or indirectly out of or attributed to any action or failure or omission to act by NSCC.

Appears in 1 contract

Samples: Agency and Services Agreement (Nevis Fund Inc)

USE OF FUND/SERV AND NETWORKING. The Trust has authorized authorized, or in the future may authorize authorize, Forum to act as a "Mutual Fund Services Member" for the Trust or various Funds. Fund/SERV and Networking are services sponsored by the National Securities Clearing Corporation ("NSCC") and as used herein have the meanings as set forth in the then current edition of NSCC RULES AND PROCEDURES Rules and Procedures published by NSCC or such other similar publication as may exist from time to time. The Trust shall indemnify and hold Forum harmless from and against any and all losses, damages, costs, charges, reasonable counsel fees, payments, expenses and liability arising directly or indirectly out of or attributed to any action or failure or omission to act by NSCC.

Appears in 1 contract

Samples: Services Agreement (Schroder Capital Funds /Delaware/)

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