SHAREHOLDER SERVICING AGENT Clause Samples
The Shareholder Servicing Agent clause designates a party responsible for providing administrative and support services to shareholders on behalf of a company or fund. This agent typically handles tasks such as processing shareholder inquiries, maintaining records, distributing reports, and facilitating communications between shareholders and the company. By clearly assigning these duties, the clause ensures efficient management of shareholder relations and helps prevent confusion or lapses in service.
SHAREHOLDER SERVICING AGENT. 6.1 As Shareholder Servicing Agent for the Series, DSC shall provide those services ancillary to, but in implementation of, the services provided under Sections I through V hereof, and those generally defined and accepted as shareholder services. In connection therewith, but not in limitation thereof, DSC shall:
(a) Except where instructed in writing by the Trust not to do so, and where in compliance with applicable law, accept orders on behalf of the Trust; receive and process investments and applications; remit to the Trust or its custodian payments for shares acquired and to be issued; and direct the issuance of shares in accordance with Section IV hereof.
(b) Receive, record and respond to communications of shareholders and their agents.
(c) As instructed by the Trust, prepare and mail shareholder account information, mail Series shareholder reports and Series prospectuses.
(d) Prepare and mail proxies and material for Trust shareholder meetings, receive and process proxies from shareholders, and deliver such proxies as directed by the Trust.
(e) Administer investment plans offered by the Trust to investors and shareholders of each Series, including retirement plans, including activities not otherwise provided in Section I through V of this Agreement.
SHAREHOLDER SERVICING AGENT. 6.1 As Shareholder Servicing Agent for the Portfolios, DSC shall provide those services ancillary to, but in implementation of, the services provided under Sections I through V hereof, and those generally defined and accepted as shareholder services. In connection therewith, but not in limitation thereof, DSC shall:
(a) Except where instructed in writing by the Fund not to do so, and where in compliance with applicable law, accept orders on behalf of the Fund; receive and process investments and applications; remit to the Fund or its custodian payments for shares acquired and to be issued; and direct the issuance of shares in accordance with Section IV hereof.
(b) Receive, record and respond to communications of stockholders and their agents.
(c) As instructed by the Fund, prepare and mail stockholder account information, mail Portfolio stockholder reports and Portfolio prospectuses.
(d) Prepare and mail proxies and material for Fund stockholder meetings, receive and process proxies from stockholders, and deliver such proxies as directed by the Fund.
(e) Administer investment plans offered by the Fund to investors and stockholders of each Portfolio, including retirement plans, including activities not otherwise provided in Section I through V of this Agreement.
SHAREHOLDER SERVICING AGENT. The Shareholder Servicing Agent shall perform all of the duties with respect to recordkeeping of Units and Unit holders, distributions, redemption of Units and communications to and with Unit holders listed below.
SHAREHOLDER SERVICING AGENT. 6.1 As Shareholder Servicing Agent for the Fund, DSC shall provide those services ancillary to, but in implementation of, the services provided under Sections I through V hereof, and those generally defined and accepted as shareholder services. In connection therewith, but not in limitation thereof, DSC shall:
(a) Except where instructed in writing by the Fund not to do so, and where in compliance with applicable law, accept orders on behalf of the Fund; receive and process investments and applications; remit to the Fund or its custodian payments for shares acquired and to be issued; and direct the issuance of shares in accordance with Section IV hereof.
SHAREHOLDER SERVICING AGENT. (a) The Shareholder Servicing Agent shall perform all of the duties with respect to recordkeeping of Units and Unit holders, distributions, redemption of Units and communications to and with Unit holders listed below.
(1) The Shareholder Servicing Agent shall keep proper books of record and account of all of the transactions in the Units of each Trust under this Indenture at its corporate office, including a record of the name and address of, and the Units issued by each Trust and held by, every Unit holder, and such books and records of each Trust shall be made available to the Trustee and the Depositor promptly upon request and open to inspection by any Unit holder of such Trust, with respect to such Unit holders transactions, at all reasonable times during usual business hours. Without limiting the foregoing, the Shareholder Servicing Agent shall make any records or documents described in Reg. 270.31(a)-1 under the Investment Company Act of 1940 available promptly to the Trustee and the Depositor upon request during usual business hours and will preserve such records and documents for the periods prescribed in Reg. 270.31
(a) 2 thereunder.
(2) The Shareholder Servicing Agent shall distribute on or shortly after the Distribution Dates specified in the Trust Agreement to each Unit holder of record on its books on the Record Date for each such Distribution Date specified in the Trust Agreement such Unit holder's distribution as computed under the Standard Terms and Conditions of Trust, to the extent that the Shareholder Servicing Agreement has received the amount of such distributions pursuant to Section 3.05 of the Standard Terms and Conditions of Trust.
(3) In connection with such distributions set forth above, the Shareholder Servicing Agent shall furnish a Distribution Statement to Unit holders of record on its books. The content and frequency of such Distribution Statements shall in no respect be less detailed or frequent than that specified in Section 3.06 of the Standard Terms and
SHAREHOLDER SERVICING AGENT. (1) Except where instructed in writing by the Investment Company not do so, and where in compliance with applicable law, accept orders on behalf of the Investment Company; the Company shall receive and process investments and applications, remit to the Investment Company or its Custodian payments for Shares acquired and to be issued, and direct the issuance of Shares as provided herein.
(2) The Company shall receive, record and respond to communications of Shareholders and their agents.
(3) As instructed by the Investment Company, the Company shall prepare and mail Shareholder account information, mail Fund Shareholder reports and Fund prospectus.
(4) The Company shall prepare and mail proxies and material for Investment Company Shareholder meetings, receive and process proxies from Shareholders, and deliver such proxies as directed by the Investment Company.
(5) The Company shall administer investment plans offered by the Investment Company to investors and Shareholders of each Fund, including retirement plans, including activities not otherwise provided.
(6) The Company shall perform such other similar services as may be reasonably requested by the Investment Company. The foregoing, along with any additional services that the Company shall agree in writing to perform for the Investment Company under this Section Three, shall hereafter be referred to as "Transfer Agency Services."
SHAREHOLDER SERVICING AGENT. (a) The Shareholder Servicing Agent shall perform all of the duties with respect to recordkeeping of Units and Unit holders, distributions, redemption of Units and communications to and with Unit holders listed below.
(1) The Shareholder Servicing Agent shall keep proper books of record and account of all of the transactions in the Units of each Trust under this Indenture at its corporate office, including a record of the name and address of, and the Units issued by each Trust and held by, every Unit holder, and such books and records of each Trust shall be made available to the Trustee and the Depositor promptly upon request and open to inspection by any Unit holder of such Trust at all reasonable times during usual business hours. Without limiting the foregoing, the Shareholder Servicing Agent shall make any records or documents described in Reg. 270.31
SHAREHOLDER SERVICING AGENT. As Shareholder Servicing Agent for the Series, DSC shall provide those services ancillary to but in implementation of the services provided under Sections I through V hereof, and those generally defined and accepted as shareholder services. In connection therewith, but not in limitation thereof, DSC shall:
SHAREHOLDER SERVICING AGENT. 6.1 As Shareholder Servicing Agent for the Series, DSC shall provide those services
SHAREHOLDER SERVICING AGENT. 6.1 As Shareholder Servicing Agent for the Fund, DSC shall provide those services ancillary to, but in implementation of, the services provided under Sections I through V hereof, and those generally defined and accepted as shareholder services. In connection therewith, but not in limitation thereof, DSC shall:
(a) Except where instructed in writing by the Fund not to do so, and where in compliance with applicable law, accept orders on behalf of the Fund; receive and process investments and applications; remit to the Fund or its custodian payments for shares acquired and to be issued; and direct the issuance of shares in accordance with Section IV hereof.
(b) Receive, record and respond to communications of stockholders and their agents.
(c) As instructed by the Fund, prepare and mail stockholder account information, mail Series stockholder reports and Series prospectuses.