Common use of Appointment of the Transfer Agent Clause in Contracts

Appointment of the Transfer Agent. The Fund hereby appoints the Transfer Agent, as transfer agent for its shares ("shares") and as shareholder servicing agent for the Fund, and the Transfer Agent accepts such appointment and agrees to perform the duties set forth below. It is understood that all shares will be owned by insurance companies ("Insurance Companies") and held in accounts for the benefit of owners of variable life insurance policies or annuity contracts and that these insurance companies will be solely responsible for the administration of these policies and contracts.

Appears in 5 contracts

Samples: Transfer Agency and Servicing Agreement (RiverSource Variable Series Trust), Transfer Agency and Servicing Agreement (Axp Variable Portfolio Partners Series Inc), Transfer Agency and Servicing Agreement (RiverSource Variable Series Trust)

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Appointment of the Transfer Agent. The Fund hereby appoints the Transfer Agent, as transfer agent for its shares ("shares") and as shareholder servicing agent for of the Fund, and the Transfer Agent accepts such appointment and agrees to perform the duties set forth below. It is understood that all shares will be owned by insurance companies ("Insurance Companies") and held in accounts for the benefit of owners of variable life insurance policies or annuity contracts and that these insurance companies will be solely responsible for the administration and servicing of these policies and contracts.

Appears in 4 contracts

Samples: Transfer Agency and Servicing Agreement (RiverSource Variable Series Trust), Agency and Servicing Agreement (RiverSource Variable Series Trust), Transfer Agency and Servicing Agreement (RiverSource Variable Series Trust)

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Appointment of the Transfer Agent. The Fund hereby appoints the Transfer Agent, as transfer agent for its shares ("shares") and as shareholder servicing agent for of the Fund, and the Transfer Agent accepts such appointment and agrees to perform the duties set forth below. It is understood that all shares will be owned by insurance companies ("Insurance Companies") and held in accounts for the benefit of owners of variable life insurance policies or annuity contracts and that these insurance companies will be solely responsible for the administration and servicing of these policies and contracts.

Appears in 1 contract

Samples: Transfer Agency and Servicing Agreement (Seligman Portfolios Inc/Ny)

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