Common use of Withdrawal of Shares and Cancellation of Certificates Clause in Contracts

Withdrawal of Shares and Cancellation of Certificates. Upon receipt of Written Instructions, Transfer Agent shall cancel outstanding certificates surrendered by a Fund to reduce the total amount of outstanding shares by the number of shares surrendered by the Fund.

Appears in 7 contracts

Samples: Transfer Agency and Services Agreement (Western Asset Funds Inc), Transfer Agency and Services Agreement (Legg Mason Partners Variable Equity Trust), Transfer Agency and Services Agreement (Legg Mason Partners Equity Funds)

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Withdrawal of Shares and Cancellation of Certificates. Upon receipt of Written Instructions, the Transfer Agent shall cancel outstanding certificates surrendered by a the Fund to reduce the total amount of outstanding shares by the number of shares surrendered by the Fund.

Appears in 1 contract

Samples: Transfer Agency Services Agreement (Monument Series Fund Inc)

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