Description of Transfer Agency Services on a Continuous Basis Sample Clauses

The 'Description of Transfer Agency Services on a Continuous Basis' clause defines the ongoing responsibilities and scope of services provided by a transfer agent to a client, such as a mutual fund or investment company. It typically outlines the specific administrative and recordkeeping tasks the agent will perform, including processing investor transactions, maintaining shareholder records, and handling communications with investors. By clearly detailing these continuous services, the clause ensures both parties understand the agent’s obligations and helps prevent misunderstandings regarding the level and consistency of support provided.
Description of Transfer Agency Services on a Continuous Basis. (a) Services Provided on an Ongoing Basis. PFPC shall: (i) Maintain Fund shareholder registrations; (ii) Direct payment processing of checks or wires; (iii) At the expense of the Fund, prepare and certify shareholder lists in conjunction with proxy solicitations; (iv) Prepare and mail to shareholders confirmation of activity; (v) Utilize existing toll-free lines for direct shareholder use, and customer service staff for on-line inquiry response; (vi) At the expense of the Fund, provide periodic shareholder lists and statistics to the Fund; (vii) Prepare periodic mailing of year-end tax and statement information; (viii) Notify on a timely basis the accounting agent, and custodian of fund activity; (ix) Perform other participating broker-dealer and/or shareholder services as may be agreed upon from time to time; (x) Accept and post daily Share purchases and redemptions; (xi) Accept, post and perform shareholder transfers; and (xii) Calculate 12b-1 payments, if applicable.
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Description of Transfer Agency Services on a Continuous Basis. (a) Services Provided on an Ongoing Basis, If Applicable. PFPC shall, if applicable: (i) Maintain shareholder registrations; (ii) Direct payment processing of checks or wires; (iii) At the expense of the Fund, prepare and certify stockholder lists in conjunction with proxy solicitations; (iv) Prepare and mail to shareholders confirmation of activity; (v) Utilize existing toll-free lines for direct shareholder use, plus customer service staff for on-line inquiry response; (vi) At the expense of the Fund, provide periodic shareholder lists and statistics to the Fund; (vii) Prepare periodic mailing of year-end tax and statement information; (viii) Notify on a timely basis the accounting agent and custodian of fund activity; (ix) Perform other participating broker-dealer and/or shareholder services as may be agreed upon from time to time; (x) Accept and post daily Share purchases and redemptions; (xi) Accept, post and perform shareholder transfers; and (xii) Calculate 12b-1 payments, if applicable.
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Related to Description of Transfer Agency Services on a Continuous Basis

  • Documentation of Transfers You can receive a transaction receipt at the time you make any transfer to, from, or between your account(s) using an ATM. · If you have arranged to have direct deposits (which are electronic funds transfers as described in Section 4) made to your asset account(s) at least once every 60 days from the same person or company, the person or company making the deposit will tell you every time they send us the money. You may visit any branch, call us at ▇▇▇-▇▇▇-▇▇▇▇ or ▇▇▇-▇▇▇-▇▇▇▇, or access your transaction history via ComputerLine, MoneyLine, Green on the Go® for mobile, or the MSUFCU Mobile app to find out whether the deposit has been made. · You will get a statement every month if you have authorized any electronic funds transfer service described in Section 4. If no electronic funds transfer occurs in a particular calendar quarter, you will still receive a statement for that quarter. However, for an asset account to which you have authorized no electronic funds transfers other than preauthorized credits, you will get a statement quarterly. On any account considered dormant, a statement will be sent to you annually. · Periodic statements we send you on accounts that are subject to electronic funds transfers described in Section 4 and transaction receipts issued by an ATM are admissible evidence. · Your right to documentation as set forth above in this section does not apply when the electronic funds transfer occurs outside of the United States.

  • Available Information; Reports; Inspection of Transfer Books The Company is subject to the periodic reporting requirements of the Exchange Act and, accordingly, is required to file or furnish certain reports with the Commission. These reports can be retrieved from the Commission’s website (▇▇▇.▇▇▇.▇▇▇) and can be inspected and copied at the public reference facilities maintained by the Commission located (as of the date of the Deposit Agreement) at ▇▇▇ ▇ ▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇▇▇▇▇▇ ▇.▇. ▇▇▇▇▇. The Depositary shall make available for inspection by Holders at its Principal Office any reports and communications, including any proxy soliciting materials, received from the Company which are both (a) received by the Depositary, the Custodian, or the nominee of either of them as the holder of the Deposited Property and (b) made generally available to the holders of such Deposited Property by the Company. The Depositary shall also provide or make available to Holders copies of such reports when furnished by the Company pursuant to Section 5.6 of the Deposit Agreement. The Registrar shall keep books for the registration of ADSs which at all reasonable times shall be open for inspection by the Company and by the Holders of such ADSs, provided that such inspection shall not be, to the Registrar’s knowledge, for the purpose of communicating with Holders of such ADSs in the interest of a business or object other than the business of the Company or other than a matter related to the Deposit Agreement or the ADSs. The Registrar may close the transfer books with respect to the ADSs, at any time or from time to time, when deemed necessary or advisable by it in good faith in connection with the performance of its duties hereunder, or at the reasonable written request of the Company subject, in all cases, to paragraph (25) and Section 7.8(a) of the Deposit Agreement. Dated: CITIBANK, N.A. Transfer Agent and Registrar CITIBANK, N.A. as Depositary By: By: Authorized Signatory Authorized Signatory

  • Notice of Appointment of Transfer Agent The Trust agrees to notify the Custodian in writing of the appointment, termination or change in appointment of any transfer agent of the Fund.

  • Identity of Transfer Agent Forthwith upon the appointment of any Transfer Agent for the Shares or of any subsequent Transfer Agent for Shares issuable upon the exercise of the rights of purchase represented by the Warrants, the Company will file with the Warrant Agent a statement setting forth the name and address of such Transfer Agent.

  • Description of Transaction 1.1 Merger of Merger Sub into the Company. Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time (as defined in Section 1.3), Merger Sub shall be merged with and into the Company, and the separate existence of Merger Sub shall cease. The Company will continue as the surviving corporation in the Merger (the “Surviving Corporation”).