Common use of Additional Provisions Clause in Contracts

Additional Provisions. (a) The Sub-Manager represents that it is regulated by the FCA in the conduct of its investment business. The Sub-Manager has in operation a written procedure in accordance with FCA rules for the effective consideration and proper handling of complaints from customers. Any complaint by the Manager or any Fund should be sent to the Compliance Officer of the Sub-Manager. The Manager and any Fund is also entitled to make any complaints about the Sub-Manager to the Financial Ombudsman Service established by the FCA. The Manager and any Fund may also request a statement describing its rights to compensation in the event of the Sub-Manager’s inability to meet its liabilities. (b) The Manager represents that it and each Fund are “Professional Customers” in the meaning of the FCA’s rules. (c) Although each Fund is not a party hereto and shall have no responsibility for the Manager’s or the Sub-Manager’s obligations hereunder, each Fund is named as explicit third party beneficiary of the parties’ agreements hereunder.

Appears in 56 contracts

Sources: Sub Management Contract (Putnam Sustainable Leaders Fund), Sub Management Contract (Putnam Funds Trust), Sub Management Contract (Putnam ETF Trust)

Additional Provisions. (a) The Sub-Manager represents that it is regulated by the FCA FSA in the conduct of its investment business. The Sub-Manager has in operation a written procedure in accordance with FCA FSA rules for the effective consideration and proper handling of complaints from customers. Any complaint by the Manager or any Fund should be sent to the Compliance Officer of the Sub-Manager. The Manager and any Fund is also entitled to make any complaints about the Sub-Manager to the Financial Ombudsman Service established by the FCAFSA. The Manager and any Fund may also request a statement describing its rights to compensation in the event of the Sub-Manager’s inability to meet its liabilities. (b) The Manager represents that it and each Fund are “Professional Customers” in the meaning of the FCA’s FSA rules. (c) Although each Fund is not a party hereto and shall have no responsibility for the Manager’s or the Sub-Manager’s obligations hereunder, each Fund is named as explicit third party beneficiary of the parties’ agreements hereunder.

Appears in 28 contracts

Sources: Sub Management Contract (Putnam Variable Trust), Sub Management Contract (Putnam Global Income Trust), Sub Management Contract (Putnam High Yield Advantage Fund)

Additional Provisions. (a) The Sub-Manager represents that it is regulated by the FCA FSA in the conduct of its investment business. The Sub-Manager has in operation a written procedure in accordance with FCA FSA rules for the effective consideration and proper handling of complaints from customers. Any complaint by the Manager or any Fund should be sent to the Compliance Officer of the Sub-Manager. The Manager and any Fund is also entitled to make any complaints about the Sub-Manager to the Financial Ombudsman Service established by the FCAFSA. The Manager and any Fund may also request a statement describing its rights to compensation in the event of the Sub-Manager’s 's inability to meet its liabilities. (b) The Manager represents that it and each Fund are “Professional "Intermediate Customers" in the meaning of the FCA’s FSA rules. (c) Although each Fund is not a party hereto and shall have no responsibility for the Manager’s 's or the Sub-Manager’s 's obligations hereunder, each Fund is named as explicit third party beneficiary of the parties' agreements hereunder.

Appears in 15 contracts

Sources: Sub Management Contract (Putnam Global Natural Resources Fund), Sub Management Contract (Putnam Global Equity Fund), Sub Management Contract (Putnam High Yield Advantage Fund)

Additional Provisions. (a) The Sub-Manager represents that it is regulated by the FCA FSA in the conduct of its investment business. The Sub-Manager has in operation a written procedure in accordance with FCA FSA rules for the effective consideration and proper handling of complaints from customers. Any complaint by the Manager or any Fund should be sent to the Compliance Officer of the Sub-Manager. The Manager and any Fund is also entitled to make any complaints about the Sub-Manager to the Financial Ombudsman Service established by the FCAFSA. The Manager and any Fund may also request a statement describing its rights to compensation in the event of the Sub-Manager’s inability to meet its liabilities. (b) The Manager represents that it and each Fund are “Professional Intermediate Customers” in the meaning of the FCA’s FSA rules. (c) Although each Fund is not a party hereto and shall have no responsibility for the Manager’s or the Sub-Manager’s obligations hereunder, each Fund is named as explicit third party beneficiary of the parties’ agreements hereunder.

Appears in 8 contracts

Sources: Sub Management Contract (Putnam International Equity Fund /Ma/), Sub Management Contract (Putnam Variable Trust), Sub Management Contract (Putnam Europe Equity Fund)

Additional Provisions. (a) The Sub-Manager represents that it is regulated by the FCA FSA in the conduct of its investment business. The Sub-Manager has in operation a written procedure in accordance with FCA FSA rules for the effective consideration and proper handling of complaints from customers. Any complaint by the Manager or any Fund should be sent to the Compliance Officer of the Sub-Manager. The Manager and any Fund is also entitled to make any complaints about the Sub-Manager to the Financial Ombudsman Service established by the FCAFSA. The Manager and any Fund may also request a statement describing its rights to compensation in the event of the Sub-Manager’s 's inability to meet its liabilities. (b) The Manager represents that it and each Fund are “Professional Customers” "IntermediateCustomers" in the meaning of the FCA’s FSA rules. (c) Although each Fund is not a party hereto and shall have no responsibility for the Manager’s 's or the Sub-Manager’s 's obligations hereunder, each Fund is named as explicit third party beneficiary of the parties' agreements hereunder.

Appears in 3 contracts

Sources: Sub Management Contract (Putnam Europe Equity Fund), Sub Management Contract (Putnam Variable Trust), Sub Management Contract (Putnam International Equity Fund /Ma/)