Distributions Payable in Shares. In the event that the Board of Trustees of the Fund shall declare a distribution payable in Shares, the Fund shall deliver or cause to be delivered to FTIS written notice of such declaration signed on behalf of the Fund by an officer thereof, upon which FTIS shall be entitled to rely for all purposes, certifying (i) the number of Shares involved, and (ii) that all appropriate action has been taken.
Appears in 4 contracts
Samples: Transfer Agent Agreement (Templeton Global Investment Trust), Transfer Agent Agreement (Templeton Real Estate Securities Fund), Transfer Agent Agreement (Templeton China World Fund Inc)
Distributions Payable in Shares. In the event that the Board of Trustees Directors of the Fund shall declare a distribution payable in Shares, the Fund shall deliver or cause to be delivered to FTIS written notice of such declaration signed on behalf of the Fund by an officer thereof, upon which FTIS shall be entitled to rely for all purposes, certifying (i) the number of Shares involved, and (ii) that all appropriate action has been taken.
Appears in 2 contracts
Samples: Transfer Agent Agreement (Templeton Global Smaller Companies Fund Inc), Transfer Agent Agreement (Templeton Growth Fund Inc)
Distributions Payable in Shares. In the event that the Board of Trustees of the Fund shall declare a distribution payable in Shares, the Fund FTIS shall deliver or cause to be delivered to FTIS PFPC written notice of such declaration signed on behalf of the Fund by an officer thereof, upon which FTIS PFPC shall be entitled to rely for all purposes, certifying (i) the identity of the Shares involved, (ii) the number of Shares involved, and (iiiii) that all appropriate action has been taken.
Appears in 1 contract
Samples: Franklin Resources Inc
