Common use of Appointment; Establishment of Accounts Clause in Contracts

Appointment; Establishment of Accounts. Each Fund hereby appoints the Bank as its agent for the term of this Agreement to perform the cash management services set forth herein and in Schedule I attached hereto and made a part hereof (as such Schedule may be amended or supplemented from time to time by mutual agreement) which are selected by the Funds from time to time. The Bank hereby accepts appointment as such agent for each Fund and agrees to establish and maintain one or more Accounts and/or Omnibus Accounts as the parties shall determine are necessary to receive and disburse money as provided in this Agreement.

Appears in 9 contracts

Samples: Management and Related Services Agreement (Milestone Funds), Management and Related Services Agreement (Florida Daily Municipal Income Fund), Management and Related Services Agreement (Victory Institutional Funds)

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Appointment; Establishment of Accounts. Each Fund hereby appoints the Bank as its agent for the term of this Agreement to perform the cash management services set forth herein and in Schedule I attached hereto and made a part hereof (as such Schedule may be amended or supplemented from time to time by mutual agreement) which are selected by the Funds such Fund from time to time. The Bank hereby accepts appointment as such agent for each Fund and agrees to establish and maintain one or more Accounts and/or Omnibus Accounts as the parties shall determine are necessary to receive and disburse money as provided in this Agreement.

Appears in 2 contracts

Samples: Management and Related Services Agreement (MSB Fund Inc), Cash Management and Related Services Agreement (Institutional Investors Capital Appreciation Fund Inc)

Appointment; Establishment of Accounts. Each Fund hereby appoints the Bank as its agent for the term of this Agreement to perform the cash management services set forth herein and in Schedule Schedules I and II attached hereto and made a part hereof (as such Schedule Schedules may be amended or supplemented from time to time by mutual agreement) which are selected by the Funds from time to time). The Bank hereby accepts appointment as such agent for each appointing Fund and agrees to establish and maintain one or more Accounts and/or Omnibus Accounts as separate accounts with respect to each Fund (each, an "Account"; collectively, the parties shall determine are necessary "Accounts") in order to receive and disburse money as provided for the purposes set forth in this Agreement.

Appears in 2 contracts

Samples: Milestone Funds, First Eagle Fund of America Inc

Appointment; Establishment of Accounts. Each Fund hereby appoints the Bank as its agent for the term of this Agreement to perform the cash management funds transfer services set forth herein and in Schedule I attached hereto and made a part hereof (as such Schedule may be amended or supplemented from time to time by mutual agreement) which are selected by the Funds from time to time). The Bank hereby accepts appointment as such agent for each Fund and agrees to establish and maintain one or more Accounts and/or Omnibus Accounts as the parties shall determine are necessary to receive and disburse money as provided in this Agreement.

Appears in 1 contract

Samples: Funds Transfer Agreement (Williams Capital Management Trust)

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Appointment; Establishment of Accounts. Each Fund The Trust hereby appoints the Bank as its agent for the term of this Agreement to perform per-form on behalf of each Fund the cash management services set forth herein and in Schedule Schedules I and II attached hereto and made a part hereof (as such Schedule Schedules may be amended or supplemented from time to time by mutual agreement) which are selected by the Funds Trust from time to time. The Bank hereby accepts appointment as such agent for each Fund and agrees to establish and maintain one or more Accounts and/or Omnibus Accounts as the parties shall determine are necessary to receive and disburse money as provided in this Agreement.

Appears in 1 contract

Samples: Management and Related Services Agreement (Governor Funds)

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