Stock Certificates. 1) The Fund will supply UBSTC with a sufficient supply of stock certificates representing the Shares in the form approved from time to time by the Board. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders until UBSTC is otherwise directed by Written Instructions. 2) UBSTC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTC. 3) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC shall countersign, register and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, and the laws of the Commonwealth of Puerto Rico and the federal securities laws relating to the transfer of Shares. 4) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s instructions to hold such stock certificates for safekeeping, UBSTC shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder upon the transfer books.
Appears in 12 contracts
Sources: Transfer Agency, Registrar, and Shareholder Servicing Agreement (US Mortgage-Backed & Income Fund for Puerto Rico Residents, Inc.), Transfer Agency, Registrar, and Shareholder Servicing Agreement (Tax-Free Fixed Income Fund VI for Puerto Rico Residents, Inc.), Transfer Agency, Registrar, and Shareholder Servicing Agreement (Short Term Investment Fund for Puerto Rico Residents, Inc.)
Stock Certificates. 1) The Fund will supply UBSTC Banco Popular with a sufficient supply of stock certificates representing the Shares in the form approved from time to time by the Board. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders until UBSTC Banco Popular is otherwise directed by Written Instructions.
2) UBSTC Banco Popular shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTCBanco Popular.
3) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC Banco Popular shall countersign, register and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, and the laws of the Commonwealth of Puerto Rico and the federal securities laws relating to the transfer of Shares.
4) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s instructions to hold such stock certificates for safekeeping, UBSTC Banco Popular shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder upon the transfer books.
Appears in 7 contracts
Sources: Transfer Agency Agreement (Puerto Rico Residents Tax-Free Fund IV, Inc.), Transfer Agency, Dividend Disbursing Agency and Shareholder Servicing Agency Agreement (Puerto Rico Residents Tax-Free Fund III, Inc.), Transfer Agency, Dividend Disbursing Agency and Shareholder Servicing Agency Agreement (Puerto Rico Residents Bond Fund I)
Stock Certificates. 1If at any time the Portfolio issues stock certificates, the following provisions will apply:
(i) The Fund will supply UBSTC RSMC with a sufficient supply of stock certificates representing the Shares Shares, in the form approved from time to time by the BoardTrustees of the Fund, and, from time to time, shall replenish such supply upon request of RSMC. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person the duly authorized officers of the Fund, and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders until UBSTC RSMC is otherwise directed by Written Instructions.
2(ii) UBSTC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTCRSMC.
3(iii) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC RSMC shall countersign, register and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, the rules and regulations of the SEC, and the laws of the Commonwealth of Puerto Rico and the federal securities laws Massachusetts relating to the transfer of Sharesshares of common stock.
4(iv) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s 's instructions to hold such stock certificates for safekeeping, UBSTC RSMC shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder upon the transfer books.
(v) Upon receipt of written instructions from a shareholder of uncertificated securities for a certificate in the number of shares in its account, RSMC will issue such stock certificates and deliver them to the shareholder.
Appears in 3 contracts
Sources: Transfer Agency Agreement (Rodney Square Fund), Transfer Agency Agreement (Rodney Square Strategic Fixed Income Fund), Transfer Agency Agreement (Rodney Square Tax Exempt Fund)
Stock Certificates. 1If at any time the Portfolio issues stock certificates, the following provisions will apply:
(i) The Fund Trust will supply UBSTC ▇▇▇▇▇▇ Square with a sufficient supply of stock certificates representing the Shares Shares, in the form approved from time to time by the BoardTrustees of the Trust, and, from time to time, shall replenish such supply upon request of ▇▇▇▇▇▇ Square. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person the duly authorized officers of the Trust, and shall bear the corporate seal or facsimile thereof of the FundTrust, and notwithstanding the death, resignation or removal of any officer of the FundTrust, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders until UBSTC ▇▇▇▇▇▇ Square is otherwise directed by Written Instructions.
2(ii) UBSTC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTC▇▇▇▇▇▇ Square.
3(iii) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC ▇▇▇▇▇▇ Square shall countersign, register and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, the rules and regulations of the SEC, and the laws of the Commonwealth State of Puerto Rico and the federal securities laws Delaware relating to the transfer of Sharesshares of beneficial interest.
4(iv) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s 's instructions to hold such stock certificates for safekeeping, UBSTC ▇▇▇▇▇▇ Square shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder upon the transfer books.
(v) Upon receipt of written instructions from a shareholder of uncertificated securities for a certificate in the number of shares in its account, ▇▇▇▇▇▇ Square will issue such stock certificates and deliver them to the shareholder.
Appears in 2 contracts
Sources: Administration Agreement (Brazos Mutual Funds), Administration Agreement (Brazos Mutual Funds)
Stock Certificates. 1) The Fund will supply UBSTC with a sufficient supply of stock certificates representing the Shares in the form approved from time to time by the Board. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders until UBSTC is otherwise directed by Written Instructions.
2) UBSTC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTC.
3) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC shall countersign, register and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, and the laws of the Commonwealth of Puerto Rico and the federal securities laws relating to the transfer of Shares.
4) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s instructions to hold such stock certificates for safekeeping, . UBSTC shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder upon the transfer books.
Appears in 1 contract
Stock Certificates. 1If at any time the Fund issues stock certificates with respect to any Class of Shares, the following provisions will apply with respect to such Class of Shares:
(i) The Fund will supply UBSTC the Transfer Agent with a sufficient supply of stock certificates representing the Shares such Class of Shares, in the form approved from time to time by the BoardBoard of Directors of the Fund, and, from time to time, shall replenish such supply upon request of the Transfer Agent. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person the duly authorized officers of the Fund, whose names and positions shall be set forth on Appendix B, and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders Shareholders until UBSTC the Transfer Agent is otherwise directed by Written Instructions.
2(ii) UBSTC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing any class of Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTCthe Transfer Agent.
3(iii) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC the Transfer Agent shall countersign, register and issue new certificates for the same number of such class of Shares and shall deliver them pursuant to instructions received from the transferor, the rules and regulations of the SEC, and the laws law of the Commonwealth State of Puerto Rico and the federal securities laws Maryland relating to the transfer of Sharesshares of common stock.
4(iv) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s Shareholder's instructions to hold such stock certificates for safekeeping, UBSTC the Transfer Agent shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder Shareholder upon the transfer books.
(v) Upon receipt of written instructions from a Shareholder of uncertificated securities for a certificate in the number of Shares in his account, the Transfer Agent will issue such stock certificates and deliver them to the Shareholder.
Appears in 1 contract
Stock Certificates. 1) The Fund will supply UBSTC with a sufficient supply of stock certificates representing the Shares Shares, specifying the respective class, in the form approved from time to time by the Board. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation resignation, or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders until UBSTC is otherwise directed by Written Instructions.
2) UBSTC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTC.
3) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC shall countersign, register register, and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, and the laws of the Commonwealth of Puerto Rico and the federal securities laws relating to the transfer of Shares.
4) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s instructions to hold such stock certificates for safekeeping, UBSTC shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder upon the transfer books.
Appears in 1 contract
Stock Certificates. 1If at any time the Fund issues stock certificates with respect to any Bedford Class of Shares, the following provisions will apply with respect to such Bedford Class of Shares:
(i) The Fund will supply UBSTC the Transfer Agent with a sufficient supply of stock certificates representing the Shares such class of Shares, in the form approved from time to time by the BoardBoard of Directors of the Fund, and, from time to time, shall replenish such supply upon request of the Transfer Agent. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person the duly authorized officers of the Fund, whose names and positions shall be set forth on Appendix B, and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders Shareholders until UBSTC the Transfer Agent is otherwise directed by Written Instructions.
2(ii) UBSTC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing any class of Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTCthe Transfer Agent.
3(iii) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC the Transfer Agent shall countersign, register and issue new certificates for the same number of such class of Shares and shall deliver them pursuant to instructions received from the transferortransferer, the rules and regulations of the SEC, and the laws law of the Commonwealth State of Puerto Rico and the federal securities laws Maryland relating to the transfer of Sharesshares of common stock.
4(iv) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s Shareholder's instructions to hold such stock certificates for safekeeping, UBSTC the Transfer Agent shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder Shareholder upon the transfer books.
(v) Upon receipt of written instructions from a Shareholder of uncertificated securities for a certificate in the number of Shares in his account, the Transfer Agent will issue such stock certificates and deliver them to the Shareholder.
Appears in 1 contract
Stock Certificates. 1If at any time the Company issues stock certificates, the following provisions will apply:
(i) The Fund Company will supply UBSTC the Transfer Agent with a sufficient supply of stock certificates representing the Shares Shares, in the form approved from time to time by the BoardBoard of Directors of the Company, and, from time to time, shall replenish such supply upon request of the Transfer Agent. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person the duly authorized officers of the Company, whose names and positions shall be set forth on Appendix A, and shall bear the corporate seal or facsimile thereof of the FundCompany, and notwithstanding the death, resignation or removal of any officer of the FundCompany, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders Shareholders until UBSTC the Transfer Agent is otherwise directed by Written Instructions.
2(ii) UBSTC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTC.new
3(iii) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC the Transfer Agent shall countersign, register and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, the rules and regulations of the SEC, and the laws law of the Commonwealth State of Puerto Rico and the federal securities laws Maryland relating to the transfer of Sharesshares of common stock.
4(iv) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s Shareholder's instructions to hold such stock certificates for safekeeping, UBSTC the Transfer Agent shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder Shareholder upon the transfer books.
(v) Upon receipt of written instructions from a Shareholder of uncertificated securities for a certificate in the number of shares in his account, the Transfer Agent will issue such stock certificates and deliver them to the Shareholder.
Appears in 1 contract
Sources: Transfer Agency Agreement (Temporary Investment Fund Inc)
Stock Certificates. 1If at any time the Fund issues stock certificates, the following provisions will apply:
(a) The Fund will supply UBSTC PNC with a sufficient supply of stock certificates representing the Shares Shares, in the form approved from time to time by the BoardBoard of Directors of the Fund, and, from time to time, shall replenish such supply upon request of PNC. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person the duly authorized officers of the Fund and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders Shareholders until UBSTC PNC is otherwise directed by Written Instructions.
2(b) UBSTC PNC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished furnished: (i) an appropriate bond of indemnity issued by the surety company approved by UBSTCPNC and (ii) a completed release and indemnification agreement, signed by the Shareholder to protect the Fund and PNC.
3(c) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC PNC shall countersign, register and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, the rules of the exchange upon which Shares are listed, the rules and regulations of the SEC, and the laws law of the Commonwealth State of Puerto Rico and the federal securities laws Maryland relating to the transfer of Sharesshares of common stock.
4(d) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s Shareholder's instructions to hold such stock certificates for safekeeping, UBSTC PNC shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder Shareholder upon the transfer books.
(e) Upon receipt of Written Instructions from a Shareholder of uncertified securities for a certificate in the number of shares in his account, PNC will issue such stock certificates and deliver them to the Shareholder.
Appears in 1 contract
Sources: Transfer Agency Services Agreement (Managed High Yield Plus Fund Inc)
Stock Certificates. 1If at any time the Portfolio issues stock certificates, the following provisions will apply:
(i) The Fund will supply UBSTC RSMC with a sufficient supply of stock certificates representing the Shares Shares, in the form approved from time to time by the BoardBoard of Directors of the Fund, and, from time to time, shall replenish such supply upon request of RSMC. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person the duly authorized officers of the Fund, and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders until UBSTC RSMC is otherwise directed by Written Instructions.
2(ii) UBSTC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTCRSMC.
3(iii) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC RSMC shall countersign, register and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, the rules and regulations of the SEC, and the laws of the Commonwealth State of Puerto Rico and the federal securities laws Maryland relating to the transfer of Sharesshares of common stock.
4(iv) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s 's instructions to hold such stock certificates for safekeeping, UBSTC RSMC shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder upon the transfer books.
(v) Upon receipt of written instructions from a shareholder of uncertificated securities for a certificate in the number of shares in its account, RSMC will issue such stock certificates and deliver them to the shareholder.
Appears in 1 contract
Sources: Transfer Agency Agreement (Rodney Square International Securities Fund Inc)
Stock Certificates. 1If at any time the Fund issues stock certificates with respect to any ▇▇▇▇▇▇ Street Class of Shares, the following provisions will apply with respect to such ▇▇▇▇▇▇ Street Class of Shares:
(i) The Fund will supply UBSTC the Transfer Agent with a sufficient supply of stock certificates representing the Shares such class of Shares, in the form approved from time to time by the BoardBoard of Directors of the Fund, and, from time to time, shall replenish such supply upon request of the Transfer Agent. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person the duly authorized officers of the Fund, whose names and positions shall be set forth on Appendix B, and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders Shareholders until UBSTC the Transfer Agent is otherwise directed by Written Instructions.
2(ii) UBSTC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing any class of Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTCthe Transfer Agent.
3(iii) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC the Transfer Agent shall countersign, register and issue new certificates for the same number of such class of Shares and shall deliver them pursuant to instructions received from the transferor, the rules and regulations of the SEC, and the laws law of the Commonwealth State of Puerto Rico and the federal securities laws Maryland relating to the transfer of Sharesshares of common stock.
4(iv) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s Shareholder's instructions to hold such stock certificates for safekeeping, UBSTC the Transfer Agent shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder Shareholder upon the transfer books.
(v) Upon receipt of written instructions from a Shareholder of uncertificated securities for a certificate in the number of Shares in his account, the Transfer Agent will issue such stock certificates and deliver them to the Shareholder.
Appears in 1 contract
Stock Certificates. 1) The Fund will supply UBSTC with a sufficient supply of stock certificates representing the Shares in the form approved from time to time by the Board. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders until UBSTC is otherwise directed by Written Instructions.
2) UBSTC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTC.
3) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, . UBSTC shall countersign, register and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, and the laws of the Commonwealth of Puerto Rico and the federal securities laws relating to the transfer of Shares.
4) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s instructions to hold such stock certificates for safekeeping, UBSTC shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder upon the transfer books.
Appears in 1 contract
Stock Certificates. 1) The Fund will supply UBSTC with a sufficient supply of stock certificates representing the Shares in the form approved from time to time by the Board. Such stock certificates shall be properly signed, . manually or by facsimile signature, by an Authorized Person and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders until UBSTC is otherwise directed by Written Instructions.
2) UBSTC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTC.
3) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC shall countersign, register and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, and the laws of the Commonwealth of Puerto Rico and the federal securities laws relating to the transfer of Shares.
4) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s instructions to hold such stock certificates for safekeeping, . UBSTC shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder upon the transfer books.
Appears in 1 contract
Stock Certificates. 1If at any time the Fund issues stock ------------------ certificates, the following provisions will apply:
(a) The Fund will supply UBSTC PNC with a sufficient supply of stock certificates representing the Shares Shares, in the form approved from time to time by the BoardBoard of Directors of the Fund, and, from time to time, shall replenish such supply upon request of PNC. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person the duly authorized officers of the Fund and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders Shareholders until UBSTC PNC is otherwise directed by Written Instructions.
2(b) UBSTC PNC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing Shares, no new certificate shall be issued in lieu thereof, unless there shall first have been furnished furnished: (i) an appropriate bond of indemnity issued by the surety company approved by UBSTCPNC and (ii) a completed release and indemnification agreement, signed by the Shareholder to protect the Fund and PNC.
3(c) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC PNC shall countersign, register and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, the rules of the exchange upon which Shares are listed, the rules and regulations of the SEC, and the laws law of the Commonwealth State of Puerto Rico and the federal securities laws Maryland relating to the transfer of Sharesshares of common stock.
4(d) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s Shareholder's instructions to hold such stock certificates for safekeeping, UBSTC PNC shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder Shareholder upon the transfer books.
(e) Upon receipt of Written Instructions from a Shareholder of uncertified securities for a certificate in the number of shares in his account, PNC will issue such stock certificates and deliver them to the Shareholder.
Appears in 1 contract
Sources: Transfer Agency Services Agreement (Managed High Yield Plus Fund Inc)
Stock Certificates. 1) The Fund will supply UBSTC with a sufficient supply of stock certificates representing the Shares in the form approved from time to time by the Board. Such stock certificates shall be properly signed, manually or by facsimile signature, by an Authorized Person and shall bear the corporate seal or facsimile thereof of the Fund, and notwithstanding the death, resignation or removal of any officer of the Fund, such executed certificates bearing the manual or facsimile signature of such officer shall remain valid and may be issued to shareholders until UBSTC is otherwise directed by Written Instructions.
2) UBSTC shall place a stop notice against any certificate reported to be lost or stolen and shall comply with all applicable federal regulatory and Puerto Rico law requirements for reporting such loss or alleged misappropriation. In the case of the loss or destruction of any certificate representing Shares, . no new certificate shall be issued in lieu thereof, unless there shall first have been furnished an appropriate bond of indemnity issued by the surety company approved by UBSTC.
3) Upon receipt of signed stock certificates, which shall be in proper form for transfer, and upon cancellation or destruction thereof, UBSTC shall countersign, register and issue new certificates for the same number of Shares and shall deliver them pursuant to instructions received from the transferor, and the laws of the Commonwealth of Puerto Rico and the federal securities laws relating to the transfer of Shares.
4) Upon receipt of the stock certificates, which shall be in proper form for transfer, together with the shareholder’s instructions to hold such stock certificates for safekeeping, UBSTC shall reduce such Shares to uncertificated status, while retaining the appropriate registration in the name of the shareholder upon the transfer books.
Appears in 1 contract