Common use of Facsimile Communications Clause in Contracts

Facsimile Communications. (a) The Trust hereby authorizes and instructs the Transfer Agent, as transfer agent for the Trusts listed on Schedule A: (i) to accept facsimile transaction requests on behalf of individual Shareholders received from broker/dealers of record, third-party administrators ("TPAs") or the Trust; (ii) that the broker/dealers, TPAs and the Trust are duly authorized to initiate such transactions on behalf of the Shareholders; and (iii) that the original source documentation is in good order and the broker/dealers, TPAs or the Trust will retain such documentation.

Appears in 2 contracts

Sources: Transfer Agency and Service Agreement (Neuberger Berman Advisers Management Trust), Transfer Agency and Service Agreement (Lehman Brothers Reserve Liquidity Series)

Facsimile Communications. (a) The Trust hereby authorizes and instructs the Transfer Agent, as transfer agent for the Trusts listed on Schedule A: (i) to accept facsimile transaction requests on behalf of individual Shareholders received from broker/dealers of record, third-party administrators ("β€œTPAs"”) or the Trust; (ii) that the broker/dealers, TPAs and the Trust are duly authorized to initiate such transactions on behalf of the Shareholders; and (iii) that the original source documentation is in good order and the broker/dealers, TPAs or the Trust will retain such documentation.

Appears in 1 contract

Sources: Transfer Agency and Service Agreement (NB Asset-Based Credit Fund)