Transaction Processing and Settlement. The Company transaction processing system shall enable the Plans to purchase, redeem and exchange shares of Funds available through Company. Company shall facilitate settlement with each Fund of Plan transactions in such Fund insofar as such transactions are transmitted by Company on behalf of the Plans. (1) make arrangements for all transactions processed pursuant to this Agreement to be process through the National Securities Clearing Corporation Fund./SERV system, or (2) obtain proper authority for Company to transmit to the Fund or its Agent daily manual trades until 4:00 p.m. Eastern Time, or such other times as set forth on Exhibit B, which trades shall remain eligible for that day's public offering price provided Company received the order by close of trading that day.
Appears in 2 contracts
Sources: Agency Agreement (One Group Mutual Funds), Agency Agreement (One Group Mutual Funds)