Common use of AUTHORIZATION AND ISSUANCE OF SHARES Clause in Contracts

AUTHORIZATION AND ISSUANCE OF SHARES. 3.1. The Transfer Agent shall maintain records of accounts evidencing ownership of Shares as provided in this Agreement and in the Fund's Prospectus and, subject to the terms and conditions of this Agreement, when requested shall countersign, record, issue, and deliver certificates for Shares both upon original issue and transfer. Evidence of the ownership of Shares shall be maintained on the Transfer Agent's records in book (uncertificated) form, or, if requested by an Approved Institution (or the Distributor or its agent acting on behalf of such Approved Institution) or shareholder, share certificates shall be issued, subject to the provisions of Article 5 hereof, to evidence the ownership of Shares. 3.2. Prior to the issuance of any Shares pursuant to Share splits and prior to any reduction in the number of Shares outstanding, the Fund shall deliver the following documents to the Transfer Agent: (a) A copy of the resolution(s) adopted by the Board of Trustees of the Fund and/or the shareholders of the relevant Fund, certified by the Secretary of the Fund, authorizing such issuance of additional Shares of such Fund or such reduction, as the case may be; (b) In the case of the issuance of Shares, an opinion of counsel for the Fund with respect to matters set forth in Section 2.3(g) hereof as to such shares; and (c) Such additional documents as the Transfer Agent may reasonably request.

AUTHORIZATION AND ISSUANCE OF SHARES. 3.1. The Transfer Agent shall maintain records of accounts evidencing ownership of Shares as provided in this Agreement and in the Fund's Prospectus and, subject to the terms and conditions of this Agreement, when requested shall countersign, record, issue, and deliver certificates for Shares both upon original issue and transfer. Evidence of the ownership of Shares shall be maintained on the Transfer Agent's records in book (uncertificated) form, or, if requested by an Approved Institution (or the Distributor or its agent acting on behalf of such Approved Institution) or shareholder, share certificates shall be issued, subject to the provisions of Article 5 hereof, to evidence the ownership of Shares. 3.2. Prior to the issuance of any Shares pursuant to Share splits and prior to any reduction in the number of Shares outstanding, the Fund shall deliver the following documents to the Transfer Agent: (a) A copy of the resolution(s) adopted by the Board of Trustees Directors of the Fund and/or the shareholders of the relevant Fund, certified by the Secretary of the Fund, authorizing such issuance of additional Shares of such Fund or such reduction, as the case may be; (b) In the case of the issuance of Shares, an opinion of counsel for the Fund with respect to matters set forth in Section 2.3(g) hereof as to such shares; and (c) Such additional documents as the Transfer Agent may reasonably request.

AUTHORIZATION AND ISSUANCE OF SHARES. 3.1. The Transfer Agent shall maintain records of accounts evidencing ownership of Shares as provided in this Agreement and in the Fund's Prospectus and, subject to the terms and conditions of this Agreement, when requested shall countersign, record, issue, and deliver certificates for Shares both upon original issue and transfer. Evidence of the ownership of Shares shall be maintained on the Transfer Agent's records in book (uncertificated) form, or, if requested by an Approved Institution (or the Distributor or its agent acting on behalf of such Approved Institution) or shareholder, share certificates shall be issued, subject to the provisions of Article 5 hereof, to evidence the ownership of Shares. 3.2. Prior to the issuance of any Shares pursuant to Share splits and prior to any reduction in the number of Shares outstanding, the Fund shall deliver the following documents to the Transfer Agent: (a) A copy of the resolution(s) adopted by the Board of Trustees of the Fund and/or the shareholders of the relevant Fund, certified by the Secretary of the Fund, authorizing such issuance of additional Shares of such Fund or such reduction, as the case may be; (b) In the case of the issuance of Shares, an opinion of counsel for the Fund with respect to matters set forth in Section 2.3(g) hereof as to such shares; and (c) Such additional documents as the Transfer Agent may reasonably reasonable request.

AUTHORIZATION AND ISSUANCE OF SHARES. 3.1. 3.1 The Transfer Agent shall maintain records of accounts evidencing ownership of Shares as provided in this Agreement and in the Fund's Prospectus and, subject to the terms and conditions of this Agreement, when requested shall countersign, record, issue, and deliver certificates for Shares both upon original issue and transfer. Evidence of the ownership of Shares shall be maintained on the Transfer Agent's records in book (uncertificated) form, or, if requested by an Approved Institution (or the Distributor or its agent acting on behalf of such Approved Institution) or shareholder, share certificates shall be issued, subject to the provisions of Article 5 hereof, to evidence the ownership of Shares. 3.2. 3.2 Prior to the issuance of any Shares pursuant to Share splits and prior to any reduction in the number of Shares outstanding, the Fund shall deliver the following documents to the Transfer Agent: (a) A copy of the resolution(s) adopted by the Board of Trustees of the Fund and/or the shareholders of the relevant Fund, certified by the Secretary of the Fund, authorizing such issuance of additional Shares of such Fund or such reduction, as the case may be; (b) In the case of the issuance of Shares, an opinion of counsel for the Fund with respect to matters set forth in Section 2.3(g) hereof as to such shares; and (c) Such additional documents as the Transfer Agent may reasonably reasonable request.

AUTHORIZATION AND ISSUANCE OF SHARES. 3.1. The Transfer Agent shall maintain records of accounts evidencing ownership of Shares as provided in this Agreement and in the FundTrust's Prospectus and, subject to the terms and conditions of this Agreement, and when requested shall countersign, record, issue, and deliver certificates for Shares both upon original issue and transfer. Evidence of the ownership of Shares shall be maintained on the Transfer Agent's records in book (uncertificated) form, or, if requested by an Approved Institution (or the Distributor or its agent acting on behalf of such Approved Institution) or shareholder, share Share certificates shall be issued, subject to the provisions of Article 5 hereof, to evidence the ownership of Shares. 3.2. Prior to the issuance of any Shares pursuant to Share splits and prior to any reduction in the number of Shares outstanding, the Fund Trust shall deliver the following documents to the Transfer Agent: (a) A copy of the resolution(s) adopted by the Board of Trustees of the Fund Trust and/or the shareholders of the relevant Fund, certified by the Secretary Clerk of the FundTrust, authorizing such issuance of additional Shares of such Fund or such reduction, as the case may be;, and (b) In the case of the issuance of Shares, an opinion of counsel for the Fund Trust with respect to the matters set forth in Section 2.3(g) hereof as to such shares; and (c) Such additional documents as the Transfer Agent may reasonably requestShares.

AUTHORIZATION AND ISSUANCE OF SHARES. 3.1. 3.1 The Transfer Agent shall maintain records of accounts evidencing ownership of Shares as provided in this Agreement and in the Fund's Prospectus and, subject to the terms and conditions of this Agreement, when requested shall countersign, record, issue, and deliver certificates for Shares both upon original issue and transfer. Evidence of the ownership of Shares shall be maintained on the Transfer Agent's records in book (uncertificated) form, or, if requested by an Approved Institution (or the Distributor or its agent acting on behalf of such Approved Institution) or shareholder, share certificates shall be issued, subject to the provisions of Article 5 hereof, to evidence the ownership of Shares. 3.2. 3.2 Prior to the issuance of any Shares pursuant to Share splits and prior to any reduction in the number of Shares outstanding, outstanding the Fund shall deliver the following documents to the Transfer Agent: (a) A copy of the resolution(sresolutions(s) adopted by the Board of Trustees of the Fund and/or the shareholders of the relevant Fund, certified by the Secretary of the Fund, authorizing such issuance of additional Shares of such Fund or such reduction, as the case may be; (b) In the case of the issuance of Shares, an opinion of counsel for the Fund with respect to matters set forth in Section 2.3(g) hereof as to such shares; and (c) Such additional documents as the Transfer Agent may reasonably request.