Common use of Delegation of Responsibilities Clause in Contracts

Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee in which the delegatee will, among other things:

Appears in 55 contracts

Samples: Transfer Agency and Services Agreement (Smith Barney Investment Trust), Transfer Agency and Services Agreement (Western Asset Middle Market Debt Fund Inc.), Transfer Agency and Services Agreement (Greenwich Street Series Fund)

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Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee delegate in which the delegatee delegate will, among other things:

Appears in 8 contracts

Samples: Transfer Agency and Services Agreement (Legg Mason Partners Money Market Trust), Transfer Agency and Services Agreement (Legg Mason Partners Equity Trust), Transfer Agency and Services Agreement (Western Asset Funds Inc)

Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee in which the delegatee delegates will, among other things:

Appears in 6 contracts

Samples: Transfer Agency and Services Agreement (Western Asset Municipal Defined Opportunity Trust Inc.), Transfer Agency and Services Agreement (ClearBridge Energy MLP Fund Inc.), Transfer Agency and Services Agreement (Western Asset Mortgage Defined Opportunity Fund Inc.)

Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate delegate, with the consent of the Funds, some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee delegate in which the delegatee delegate will, among other things:

Appears in 5 contracts

Samples: Transfer Agency and Services Agreement (Legg Mason Partners Income Trust), Transfer Agency and Services Agreement (Legg Mason Partners Variable Income Trust), Transfer Agency and Services Agreement (Legg Mason Partners Premium Money Market Trust)

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Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties Restricted Duties (as defined below) under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of Agreement, or any such delegationcomponent thereof, Transfer Agent shall enter into a written agreement with the delegatee in which the delegatee will, among other things:to

Appears in 3 contracts

Samples: Transfer Agency and Services Agreement (Legg Mason Funds Trust), Transfer Agency and Services Agreement (Legg Mason Funds Trust), Transfer Agency and Services Agreement (Legg Mason Partners Variable Equity Trust)

Delegation of Responsibilities. 4.1 With respect to any Fund, Transfer Agent may delegate some or all of its duties under this Agreement to other parties that after reasonable inquiry Transfer Agent deems to be competent to assume such duties. In the event of any such delegation, Transfer Agent shall enter into a written agreement with the delegatee delegates in which the delegatee delegates will, among other things:

Appears in 2 contracts

Samples: Transfer Agency and Services Agreement (Western Asset Middle Market Income Fund Inc.), Transfer Agency and Services Agreement (Clearbridge American Energy MLP Fund Inc.)

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