Escheatment. In the event any unclaimed property relating to the ADSs, for any reason, is in the possession of Depositary and has not been claimed by the Holder thereof or cannot be delivered to the Holder thereof through usual channels, the Depositary shall, upon expiration of any applicable statutory period relating to abandoned property laws, escheat such unclaimed property to the relevant authorities in accordance with the laws of each of the relevant States of the United States.
Escheatment. JHSS shall prepare and submit appropriate reports with each state in connection with the escheatment of shares and uncashed distribution checks and escheat such Shares and funds to each state based on each states respective unclaimed/abandoned property rules and provide to each Fund escheatment reports as reasonably requested by a Fund with respect to the status of the Fund’s accounts and outstanding checks.
Escheatment. Chase shall provide escheatment services only with respect to the escheatment laws of the Commonwealth of Massachusetts, including those which relate to reciprocal agreements with other states.
Escheatment. The Transfer Agent shall provide escheatment services abandoned accounts and returned checks under applicable law and report such actions to the Trust.
Escheatment. All Fund assets shall be subject to the escheatment laws of the Commonwealth of Massachusetts, including those which relate to reciprocal agreements with other states.
Escheatment. Accounts that are inactive for a period of time may be considered dormant or abandoned. If this happens, the funds in your account may be required to be turned over to the state of your last known address on file with us. Each state has its own laws as to when the account is subject to escheat. We will make all reasonable efforts to contact you before transferring the funds in your account to the appropriate state. For accounts with international addresses, the funds will be transferred to the State of Delaware. Duty of Care In accordance with reasonable banking standards, most checks and other items presented to us for payment are processed through automated processing and, except in limited circumstances and subject to such reasonable sampling procedures as we establish at our discretion, most items are not individually examined to verify your signature or verify that the item is otherwise properly payable. You agree that we act within reasonable banking standards by processing most checks, paper drafts and other items through automated processing systems. Foreign Activity If you have moved outside of the United States or have frequent international transactions, you may be contacted about the international activity in your account and for further verification of your address. If you are moving, traveling, or will be temporarily residing overseas, we recommend you contact us to prevent any disruption in your account activity. Your account may be closed.
Escheatment. If applicable, in situations such as extended periods of inactivity on your account or no expressed interest by you on the account over a period of time, or such other situations as covered by law, applicable state law may deem the account abandoned and require us to turn over funds in your deposit account to the applicable state government. The applicable state law will be the state of the owner’s last known address as we have it on file. If funds have escheated, you may have to file a claim with the state to recover them.
Escheatment. Employer shall be solely responsible for compliance with all escheatment obligations.
Escheatment. If there is no activity in an Account for the period of time set forth in the applicable unclaimed property laws, and Merchant have a credit, Company may notify Merchant by sending an email to Merchant registered email address. Company may also notify Merchant by U.S. mail. Company will give Merchant the option of keeping the Account open, withdrawing the funds, or requesting a check. If Merchant does not respond to Company notice within the time period specified in the notice, Company may close the Account and the Bank will escheat Merchant funds in accordance with applicable law.
Escheatment. X.X. Xxxxxx shall provide escheatment services only with respect to the escheatment laws of the Commonwealth of Massachusetts, including those which relate to reciprocal agreements with other states.
