Limit of Authority Sample Clauses

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Trust, the appointment of BOSTON FINANCIAL as Transfer Agent will be construed to cover the full amount of authorized Shares of the class or classes for which BOSTON FINANCIAL is appointed as the same will, from time to time, be constituted, and any subsequent increases in such authorized amount.

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Trust, the appointment of BOSTON FINANCIAL as Transfer Agent will be construed to cover the full amount of authorized stock of the class or classes for which BOSTON FINANCIAL is appointed as the same will, from time to time, be constituted, and any subsequent increases in such authorized amount. In case of such increase the Trust will file with BOSTON FINANCIAL: A. If the appointment of BOSTON FINANCIAL was theretofore expressly limited, a certified copy of a resolution of the Board of Trustees of the Trust increasing the authority of BOSTON FINANCIAL; B. A certified copy of the amendment to the Declaration of Trust of the Trust authorizing the increase of stock; C. A certified copy of the order or consent of each governmental or regulatory authority required by law to consent to the issuance of the increased stock, or an opinion of counsel that the order or consent of no other governmental or regulatory authority is required; D. Opinion of counsel for the Trust stating: (1) The status of the additional shares of stock of the Trust under the `33 Act and any other applicable federal or state statute; and (2) That the additional shares are, or when issued will be, validly issued, fully paid and non-assessable.

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Fund, the appointment of DST as Transfer Agent will be construed to cover the full amount of authorized stock of the class or classes for which DST is appointed as the same will, from time to time, be constituted, and any subsequent increases in such authorized amount. In case of such increase the Fund will file with DST: A. If the appointment of DST was theretofore expressly limited, a certified copy of a resolution of the Board of Directors of the Fund increasing the authority of DST; B. A certified copy of the amendment to the Articles of Incorporation of the Fund authorizing the increase of stock; C. A certified copy of the order or consent of each governmental or regulatory authority required by law to consent to the issuance of the increased stock, and an opinion of counsel that the order or consent of no other governmental or regulatory authority is required; D. Opinion of counsel for the Fund, as such opinion(s) have been filed with the Fund's Registration Statement or notices required under Rule 24f-2 under the 1940 Act, stating: (1) The status of the additional shares of stock of the Fund under the Securities Act of 1933, as amended, and any other applicable federal or state statute; and (2) That the additional shares are validly issued, fully paid and nonassessable.

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Trust, the appointment of DST as Transfer Agent will be construed to cover the full amount of authorized stock of the class or classes for which DST is appointed as the same will, from time to time, be constituted, and any subsequent increases in such authorized amount. In case of such increase the Trust will file with DST: A. If the appointment of DST was theretofore expressly limited, a certified copy of a resolution of the Board of Trustees of the Trust increasing the authority of DST; B. A certified copy of the amendment to the Declaration of Trust of the Trust authorizing the increase of stock; C. A certified copy of the order or consent of each governmental or regulatory authority required by law to consent to the issuance of the increased stock, or an opinion of counsel that the order or consent of no other governmental or regulatory authority is required; D. Opinion of counsel for the Trust stating: (1) The status of the additional shares of stock of the Trust under the '33 Act and any other applicable federal or state statute; and (2) That the additional shares are, or when issued will be, validly issued, fully paid and non-assessable.

Limit of Authority. It is agreed that the arbitrators shall have no authority to impose any punitive, exemplary or consequential damage awards on either of the Parties hereto.

Limit of Authority. The appointment of DST as Agent will be construed to cover the full amount of authorized stock of each class or classes for which DST is appointed as the same will, from time to time, be constituted, and any subsequent increases in such authorized amount. In case of such increase the Trust will file with DST: A. If the appointment of DST was theretofore expressly limited, a certified copy of a resolution of the Board of Directors of the Trust increasing the authority of DST; B. A certified copy of the amendment to the Articles of Incorporation of the Trust authorizing the increase of stock; C. A certified copy of the order or consent of each governmental or regulatory authority required by law to consent to the issuance of the increased stock; and D. Opinion of counsel for the Trust stating: i. the status of the additional shares of stock of the Trust under the Securities Act of 1933, as amended, and any other applicable federal or state statute; and ii. that the additional shares are, or when issued will be, validly issued, fully paid and nonassessable.

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Financial Product, the appointment of DST as Transfer Agent will be construed to cover the full amount of authorized shares of the class or classes for which DST is appointed as the same will, from time to time, be constituted, and any subsequent increases in such authorized amount.

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by the Fund, the appointment of IFTC as Transfer Agent will be construed to cover the full amount of authorized stock of the class or classes for which IFTC is appointed as the same will, from time to time, be constituted and any subsequent increases in such authorized amount. In case of such increase Fund will file with IFTC: A. If the appointment of IFTC was theretofore expressly limited, a certified copy of a resolution of the Board of Directors of Fund increasing the authority of IFTC; B. A certified copy of the amendment to the Articles of Incorporation of Fund authorizing the increase of stock; 5 C. A certified copy of the order or consent of each governmental or regulatory authority required by law to consent to the issuance of the increased stock, and an opinion of counsel that the order or consent of no other governmental or regulatory authority is required;

Limit of Authority. Unless otherwise expressly limited by the resolution of appointment or by subsequent action by a Fund, the appointment of DST as Sub-Transfer Agent and Sub-Dividend Disbursing Agent will be construed to cover the full amount of authorized stock of the class or classes for each Fund for which the Fund Transfer Agent is appointed as such stock will, from time to time, be constituted, and any subsequent increases in such authorized amount. In case of such increase the Fund Transfer Agent will file with DST: A. If the appointment of DST was theretofore expressly limited, a certified copy of a resolution of the Board of Directors of the Fund Transfer Agent increasing the authority of DST; B. A certified copy of the amendment to the Articles of Incorporation or Declaration of Trust, as appropriate, of the Fund authorizing the increase of stock; C. A certified copy of the order or consent of each governmental or regulatory authority required by law to consent to the issuance of the increased stock, and an opinion of counsel that the order or consent of no other governmental or regulatory authority is required; and D. Opinion of counsel for the Fund or the Fund Transfer Agent stating: (1) The status of the additional shares of stock of the Fund under the 1993 Act and any other applicable federal or state statute; and (2) That the additional shares are, or when issued will be, validly issued, fully paid and non-assessable.