Common use of Concerning the Bank Clause in Contracts

Concerning the Bank. 1. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons and shall not be held to have any notice of any change of authority of any person until receipt of written notice thereof from an Officer of the Customer. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the duly authorized Officer or Officers of the Customer and the proper countersignature of the Bank.

Appears in 51 contracts

Samples: Stock Transfer Agency Agreement (Calamos Dynamic Convertible & Income Fund), Stock Transfer Agency Agreement (Calamos Global Total Return Fund), Stock Transfer Agency Agreement (Alpine Total Dynamic Dividend Fund)

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Concerning the Bank. 1. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons and shall not be held to have any notice of any change of authority of any person until receipt of written notice thereof from an Officer of the Customer. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the duly authorized Officer or Officers of the Customer and the proper countersignature of the Bank.

Appears in 21 contracts

Samples: Stock Transfer Agency Agreement (Claymore/Guggenheim Strategic Opportunities Fund), Form of Stock Transfer Agency Agreement (Macquarie Global Infrastructure Total Return Fund Inc.), Stock Transfer Agency Agreement (Advent/Claymore Global Convertible Securities & Income Fund)

Concerning the Bank. 1. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons and shall not be held to have any notice of any change of authority of any person until receipt of written notice thereof a Certificate from an Officer of the Customer. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the duly authorized Officer or Officers of the Customer and contain the proper countersignature of the Bank.

Appears in 15 contracts

Samples: Stock Transfer Agency Agreement (BlackRock Utility & Infrastructure Trust), Stock Transfer Agency Agreement (Blackrock Dividend Achievers Trust), Transfer Agency Agreement (BlackRock Enhanced Dividend Achievers Trust)

Concerning the Bank. 1. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document or when necessary, oral instruction reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons and shall not be held to have any notice of any change of authority of any person until receipt of written notice thereof from an Officer of the Customer. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the duly authorized Officer or Officers of the Customer and the proper countersignature of the Bank.

Appears in 9 contracts

Samples: Stock Transfer Agency Agreement (ING Infrastructure Development Equity Fund), Stock Transfer Agency Agreement (ING Asia Pacific High Dividend Equity Income Fund), Stock Transfer Agency Agreement (ING International High Dividend Equity Income Fund)

Concerning the Bank. 1. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons and shall not be held to have any notice of any change of authority of any person until receipt of written notice thereof from an Officer of the Customer. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the duly authorized Officer or Officers officers of the Customer and the proper countersignature of the Bank.

Appears in 6 contracts

Samples: Agreement (Muniyield Michigan Fund Inc), Agreement (Muniyield Florida Fund), Agreement (Muniyield New Jersey Fund Inc)

Concerning the Bank. 1. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons and shall not be held to have any notice of any change of authority of any person until receipt of written notice a Certificate thereof from an Officer of the Customer. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the duly authorized Officer or Officers of the Customer and contain the proper countersignature of the Bank.

Appears in 3 contracts

Samples: Stock Transfer Agency Agreement (Ing Clarion Real Estate Income Fund), Stock Transfer Agency Agreement (Ing Clarion Global Real Estate Income Fund), Stock Transfer Agency Agreement (Ing Clarion Global Real Estate Income Fund)

Concerning the Bank. 1. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons and shall shag not be held to have any notice of any change of authority of any person until receipt of written notice thereof from an Officer of the Customer. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the duly authorized Officer or Officers officers of the Customer and the proper countersignature of the Bank.

Appears in 2 contracts

Samples: Agreement (Muniyield Arizona Fund Inc /Nj/), Agreement (Muniyield New York Insured Fund Inc)

Concerning the Bank. 1. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons and shall not be held to have any notice of any change of authority of any person until receipt of written notice thereof from an Officer of the Customer. It shall also be protected in processing Share certificates certificates, which it reasonably believes to bear the proper manual or facsimile signatures of the duly authorized Officer or Officers of the Customer and the proper countersignature of the Bank.

Appears in 2 contracts

Samples: Stock Transfer Agency Agreement (Cohen & Steers Closed-End Opportunity Fund, Inc.), Stock Transfer Agency Agreement (Cohen & Steers Global Income Builder, Inc)

Concerning the Bank. 1. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons and shall not be held to have any notice of any change of authority of any person until receipt of written notice thereof from an Officer of the Customer. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures signature of the duly authorized Officer or Officers of the Customer and the proper countersignature counter signature of the Bank.

Appears in 2 contracts

Samples: Stock Transfer Agency Agreement (R Tec Technologies Inc), Stock Transfer Agency Agreement (R Tec Technologies Inc)

Concerning the Bank. 1. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document reasonably believed by it to be the genuine and to have been given, signed or made by the proper person or persons and shall not be held to have any notice of any change of authority of any person until receipt of written notice thereof from an Officer of the Customer. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the duly authorized Officer or Officers of the Customer and the proper countersignature of the Bank.

Appears in 1 contract

Samples: Agreement (Munivest Fund Inc)

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Concerning the Bank. 1. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons and shall not be held to have any notice of any change of authority of any person until receipt of written notice thereof from an Officer of the Customer. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the duly authorized Officer or Officers officers of the Customer and the proper countersignature of the Bank.:

Appears in 1 contract

Samples: Agreement (Alliance All Market Advantage Fund Inc)

Concerning the Bank. 1. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons persons. and shall not be held to have any notice of any change of authority of any person until receipt of written notice thereof from an Officer of the Customer. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the duly authorized Officer or Officers officers of the Customer and the proper countersignature of the Bank.

Appears in 1 contract

Samples: Agreement (Muniyield New Jersey Insured Fund Inc)

Concerning the Bank. 1. I. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons and shall not be held to have any notice of any change of authority of any person until receipt of written notice thereof from an Officer of the Customer. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the duly authorized Officer or Officers of the Customer and the proper countersignature of the Bank.

Appears in 1 contract

Samples: Stock Transfer Agency Agreement (Fiduciary/Claymore Dynamic Equity Fund)

Concerning the Bank. 1. (a) The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing writing, or document reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons and shall not be held to have any notice of any change of authority of any person until receipt of written notice thereof from an Officer of the CustomerCorporation. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or of facsimile signatures of the duly authorized Officer or of Officers of the Customer Corporation and the proper countersignature of the Bank.

Appears in 1 contract

Samples: Transfer Agency Agreement (Eagle Picher Holdings Inc)

Concerning the Bank. 1. i. The Bank shall not be liable and shall be fully protected in acting upon any oral instruction, writing or document reasonably believed by it to be genuine and to have been given, signed or made by the proper person or persons and shall not be held to have any notice of any change of authority of any person until receipt of written notice thereof from an Officer of the Customer. It shall also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the duly authorized Officer or Officers of the Customer and the proper countersignature of the Bank.

Appears in 1 contract

Samples: Stock Transfer Agency Agreement (Dreman Claymore Dividend & Income Fund)

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