Financial Institution Acts as Agent for its Customers. The parties agree that in each transaction in the Shares of the Trust: (a) the Financial Institution is acting as agent for the customer; (b) each transaction is initiated solely upon the order of the customer; (c) as between the Financial Institution and its customer, the customer will have full beneficial ownership of all Shares of the Trust to which this Agreement applies; (d) each transaction shall be for the account of the customer and not for the Financial Institution's account; and (e) each transaction shall be without recourse to the Financial Institution provided that the Financial Institution acts in accordance with the terms of this Agreement. The Financial Institution shall not have any authority in any transaction to act as ESI's agent or as agent for the Trust.
Appears in 4 contracts
Samples: Sales Agreement (Wesmark Funds), Sales Agreement (WCT Funds), Sales Agreement (WCT Funds)
Financial Institution Acts as Agent for its Customers. The parties agree that in each transaction in the Shares of the Trustany Fund and with regard to any services rendered pursuant to this Agreement: (a) the Financial Institution is acting as agent for the customer; (b) each transaction is initiated solely upon the order of the customer; (c) as between the Financial Institution and its customer, the customer will have full beneficial ownership of all Shares of the Trust to which this Agreement appliesFunds; (d) each transaction shall be for the account of the customer and not for the Financial Institution's account; and (e) each transaction shall be without recourse to the Financial Institution provided that the Financial Institution acts in accordance with the terms of this Agreement. The Financial Institution shall not have any authority in any transaction to act as ESI's agent or as agent for the TrustFunds.
Appears in 4 contracts
Samples: Marshall Funds Sales Agreement (Marshall Funds Inc), Marshall Funds Sales Agreement (Marshall Funds Inc), Marshall Funds Sales Agreement (Marshall Funds Inc)
Financial Institution Acts as Agent for its Customers. The parties agree that in each transaction in the Shares of the Trustany Fund and with regard to any services rendered pursuant to this Agreement: (a) the Financial Institution is acting as agent for the customer; (b) each transaction is initiated solely upon the order of the customer; (c) as between the Financial Institution and its customer, the customer will have full beneficial ownership of all Shares of the Trust to which this Agreement appliesFunds; (d) each transaction shall be for the account of the customer and not for the Financial Institution's account; and (e) each transaction shall be without recourse to the Financial Institution provided that the Financial Institution acts in accordance with the terms of this Agreement. The Financial Institution shall not have any authority in any transaction to act as ESIFSC's agent or as agent for the TrustFunds.
Appears in 3 contracts
Samples: Sales and Service Agreement (Regions Morgan Keegan Select Funds), Sales and Service Agreement (Wachovia Variable Insurance Funds), Wachovia Variable Insurance Funds
Financial Institution Acts as Agent for its Customers. The parties agree that in each transaction in the Shares shares of the Trustbeneficial interest or capital stock of any Fund ("Shares") and with regard to any services rendered pursuant to this Agreement: (a) the Financial Institution is acting as agent for the customer; (b) each transaction is initiated solely upon the order of the customer; (c) as between the Financial Institution and its customer, the customer will have full beneficial ownership of all Shares of the Trust to which this Agreement appliesShares; (d) each transaction shall be for the account of the customer and not for the Financial Institution's account; and (e) each transaction shall be without recourse to the Financial Institution provided that the Financial Institution acts in accordance with the terms of this Agreement. The Financial Institution shall not have any authority in any transaction to act as ESIDistributor's agent or as agent for the Trustany Fund.
Appears in 2 contracts
Samples: Sales and Service Agreement (Banknorth Funds), Stratevest Funds
Financial Institution Acts as Agent for its Customers. The parties agree that in each transaction in the Shares of the Trustany Fund and with regard to any services rendered pursuant to this Agreement: (a) the Financial Institution is acting as agent for the customer; (b) each transaction is initiated solely upon the order of the customer; (c) as between the Financial Institution and its customer, the customer will have full beneficial ownership of all Shares of the Trust to which this Agreement appliesFunds; (d) each transaction shall be for the account of the customer and not for the Financial Institution's account; and (e) each transaction shall be without recourse to the Financial Institution provided that the Financial Institution acts in accordance with the terms of this Agreement. The Financial Institution shall not have any authority in any transaction to act as ESIFreedom's agent or as agent for the TrustFunds.
Appears in 2 contracts
Samples: Sales and Service Agreement (Fundmanager Portfolios), Sales and Service Agreement (Fundmanager Portfolios)
Financial Institution Acts as Agent for its Customers. The parties agree that in each transaction in the Shares of the Trustany Fund and with regard to any services rendered pursuant to this Agreement: (a) the Financial Institution is acting as agent for the customer; (b) each transaction is initiated solely upon the order of the customer; (c) as between the Financial Institution and its customer, the customer will have full beneficial ownership of all Shares of the Trust to which this Agreement appliesFunds; (d) each transaction shall be for the account of the customer and not for the Financial Institution's account; and (e) each transaction shall be without recourse to the Financial Institution provided that the Financial Institution acts in accordance with the terms of this Agreement. The Financial Institution shall not have any authority in any transaction to act as ESIFSC's agent or as agent for the TrustFunds. B. SALES OF FUND SHARES.
Appears in 2 contracts
Samples: Sales and Service Agreement (Hibernia Funds), Sales and Service Agreement (Hibernia Funds)
Financial Institution Acts as Agent for its Customers. The parties agree that in each transaction in the Shares of the Trust: (a) the Financial Institution is acting as agent for the customer; (b) each transaction is initiated solely upon the order of the customer; (c) as between the Financial Institution and its customer, the customer will have full beneficial ownership of all Shares of the Trust to which this Agreement applies; (d) each transaction shall be for the account of the customer and not for the Financial Institution's account; and (e) each transaction shall be without recourse to the Financial Institution provided that the Financial Institution acts in accordance with the terms of this Agreement. The Financial Institution shall not have any authority in any transaction to act as ESIFSC's agent or as agent for the Trust.
Appears in 2 contracts
Samples: Agreement (Southtrust Funds), Shareholder Services Agreement (Wachovia Municipal Funds)
Financial Institution Acts as Agent for its Customers. The parties agree that in each transaction in the Shares of the Trustany Fund and with regard to any services rendered pursuant to this Agreement: (a) the Financial Institution is acting as agent for the customer; (b) each transaction is initiated solely upon the order of the customer; (c) as between the Financial Institution and its customer, the customer will have full beneficial ownership of all Shares of the Trust to which this Agreement appliesFunds; (d) each transaction shall be for the account of the customer and not for the Financial Institution's account; and (e) each transaction shall be without recourse to the Financial Institution provided that the Financial Institution acts in accordance with the terms of this Agreement. The Financial Institution shall not have any authority in any transaction to act as ESIEdgewood's agent or as agent for the TrustFunds.
Appears in 2 contracts
Samples: Sales and Service Agreement (Riverfront Funds / Nj), Sales and Service Agreement (Deutsche Family of Funds Inc)
Financial Institution Acts as Agent for its Customers. The parties agree that in each transaction in the Shares of the Trustany Fund and with regard to any services rendered pursuant to this Agreement: (a) the Financial Institution is acting as agent for the customer; (b) each transaction is initiated solely upon the order of the customer; (c) as between the Financial Institution and its customer, the customer will have full beneficial ownership of all Shares of the Trust to which this Agreement appliesFunds; (d) each transaction shall be for the account of the customer and not for the Financial Institution's account; and (e) each transaction shall be without recourse to the Financial Institution provided that the Financial Institution acts in accordance with the terms of this Agreement. The Financial Institution shall not have any authority in any transaction to act as ESIFSC's agent or as agent for the TrustFunds. B. SALES OF FUND SHARES. 3.
Appears in 1 contract
Financial Institution Acts as Agent for its Customers. The parties agree that in each transaction in the Shares of the Trustany Fund and with regard to any services rendered pursuant to this Agreement: (a) the Financial Institution is acting as agent for the customer; (b) each transaction is initiated solely upon the order of the customer; (c) as between the Financial Institution and its customer, the customer will have full beneficial ownership of all Shares of the Trust to which this Agreement appliesFunds; (d) each transaction shall be for the account of the customer and not for the Financial Institution's Institution account; and (e) each transaction shall be without recourse to the Financial Institution provided that the Financial Institution acts in accordance with the terms of this Agreement. The Financial Institution shall not have any authority in any transaction to act as ESI's Xxxxxxxx-Xxxxxxxxx'x agent or as agent for the TrustFunds.
Appears in 1 contract
Samples: Mutual Funds Sales and Service Agreement (Nicholas Applegate Institutional Funds)
