Common use of Disposition of Books, Records and Canceled Certificates Clause in Contracts

Disposition of Books, Records and Canceled Certificates. BOSTON FINANCIAL may send periodically to the Trust, or to where designated by the Secretary or an Assistant Secretary of the Trust, all books, documents, and all records no longer deemed by BOSTON FINANCIAL needed for current purposes and any Certificates which have been canceled in transfer or in exchange, upon the understanding that such books, documents, records, and Certificates will be maintained by the Trust under and in accordance with the requirements of Rule 17Ad-7 adopted under the ’34 Act. Such materials will not be destroyed by the Trust without the consent of BOSTON FINANCIAL (which consent will not be unreasonably withheld), but will be safely stored for possible future reference.

Appears in 3 contracts

Sources: Transfer Agency Agreement (Jpmorgan Insurance Trust), Transfer Agency Agreement (JPMorgan Institutional Trust), Transfer Agency Agreement (JPMorgan Trust I)