Common use of FUNDS TRANSFER ADDENDUM Clause in Contracts

FUNDS TRANSFER ADDENDUM. ¨ Instruct Instruct is a State Street web-based application designed to provide internet-enabled remote access that allows for the capturing, verification and processing of various instruction types, including securities, cash and foreign exchange transactions. Instruct is designed using industry standard formats to facilitate straight-through processing. Instruct provides a number of security features through user entitlements, industry standard encryption protocols, digital security certificates and multiple tiers of user authentication requirements. ¨ Secure Transport Secure Transport is a file transfer application based upon the Secure File Transfer Protocol standard that is designed to enable State Street clients/ investment managers to send file based transfer and transaction instructions over the internet. Secure Transport features multi-factor authenticators such as SecurID and digital certificates, and incorporates industry-standard encryption protocols. ¨ Automated Clearing House (ACH) State Street receives an automated transmission or a magnetic tape from a Client for the initiation of payment (credit) or collection (debit) transactions through the ACH network. The transactions contained on each transmission or tape must be authenticated by the Client. Clients using ACH must select one or more of the following delivery options: ¨ Global Horizon Interchange Automated Clearing House Service Transactions are created on a microcomputer, assembled into batches and delivered to State Street via fully authenticated electronic transmissions in standard NACHA formats. ¨ Transmission from Client PC to State Street Mainframe with Telephone Callback ¨ Transmission from Client Mainframe to State Street Mainframe with Telephone Callback ¨ Transmission from DST Systems to State Street Mainframe with Encryption ¨ Magnetic Tape Delivered to State Street with Telephone Callback ¨ Email with Enforced Transport Layer Security Combined with Telephone Callback Transport Layer Security is a communication method that allows clients to electronically deliver financial transaction instructions to State Street using an enforced (encrypted) connection. The communication method features use of enforced network connections which include industry-standard transport layer cryptography to effect point-to-point encryption. Please note that such point-to-point encryption is performed at the domain level and not at the individual user level or email gateway within the client’s organization. Telephone confirmation will be used to verify transaction instructions received via email with enforced TLS. This procedure requires clients to designate individuals as authorized initiators and authorized verifiers. State Street will contact the client’s designees to authenticate instructions received by this method.

Appears in 5 contracts

Samples: Custodian Services Agreement (Legg Mason Funds Trust), Custodian Services Agreement (Western Asset Emerging Markets Debt Fund Inc.), Custodian Services Agreement (Western Asset High Income Opportunity Fund Inc.)

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FUNDS TRANSFER ADDENDUM. ¨ o Instruct Instruct is a State Street web-based application designed to provide internet-enabled remote access that allows for the capturing, verification and processing of various instruction types, including securities, cash and foreign exchange transactions. Instruct is designed using industry standard formats to facilitate straight-through processing. Instruct provides a number of security features through user entitlements, industry standard encryption protocols, digital security certificates and multiple tiers of user authentication requirements. ¨ Secure oSecure Transport Secure Transport is a file transfer application based upon the Secure File Transfer Protocol standard that is designed to enable State Street clients/ investment managers to send file based transfer and transaction instructions over the internet. Secure Transport features multi-factor authenticators such as SecurID and digital certificates, and incorporates industry-standard encryption protocols. ¨ Automated oAutomated Clearing House (ACH) State Street receives an automated transmission or a magnetic tape from a Client for the initiation of payment (credit) or collection (debit) transactions through the ACH network. The transactions contained on each transmission or tape must be authenticated by the Client. Clients using ACH must select one or more of the following delivery options: ¨ Global oGlobal Horizon Interchange Automated Clearing House Service Transactions are created on a microcomputer, assembled into batches and delivered to State Street via fully authenticated electronic transmissions in standard NACHA formats. ¨ Transmission oTransmission from Client PC to State Street Mainframe with Telephone Callback ¨ Transmission oTransmission from Client Mainframe to State Street Mainframe with Telephone Callback ¨ Transmission oTransmission from DST Systems to State Street Mainframe with Encryption ¨ Magnetic oMagnetic Tape Delivered to State Street with Telephone Callback ¨ Email with Enforced Transport Layer Security Combined with State Street is hereby instructed to accept funds transfer instructions only via the delivery methods and security procedures indicated. The selected delivery methods and security procedure(s) will be effective for payment orders initiated by our organization. Key Contact Information Whom shall we contact to implement your selection(s)? CLIENT OPERATIONS CONTACT ALTERNATE CONTACT Name Name Address Address City/State/Zip Code City/State/Zip Code Telephone Callback Transport Layer Security is Number Telephone Number Facsimile Number Facsimile Number SWIFT Number Telex Number FUNDS TRANSFER ADDENDUM INSTRUCTION(S) TELEPHONE CONFIRMATION Fund New RMR Asia Pacific Real Estate Fund Investment Adviser RMR Advisors, Inc. Authorized Initiators Please Type or Print Please provide a communication method that allows clients listing of Fund officers or other individuals who are currently authorized to electronically deliver financial transaction INITIATE wire transfer instructions to State Street using an enforced Street: TITLE (encryptedSpecify whether position is with Fund or Investment NAME Adviser) connection. The communication method features use of enforced network connections which include industry-standard transport layer cryptography to effect point-to-point encryption. Please note that such point-to-point encryption is performed at the domain level and not at the individual user level or email gateway within the client’s organization. Telephone confirmation will be used to verify transaction instructions received via email with enforced TLS. This procedure requires clients to designate individuals as authorized initiators and authorized verifiers. State Street will contact the client’s designees to authenticate instructions received by this method.SPECIMEN SIGNATURE

Appears in 1 contract

Samples: Custodian Agreement (New RMR Asia Pacific Real Estate Fund)

FUNDS TRANSFER ADDENDUM. ¨ Instruct ¨Instruct Instruct is a State Street web-based application designed to provide internet-enabled remote access that allows for the capturing, verification and processing of various instruction types, including securities, cash and foreign exchange transactions. Instruct is designed using industry standard formats to facilitate straight-through processing. Instruct provides a number of security features through user entitlements, industry standard encryption protocols, digital security certificates and multiple tiers of user authentication requirements. ¨ Secure ¨Secure Transport Secure Transport is a file transfer application based upon the Secure File Transfer Protocol standard that is designed to enable State Street clients/ investment managers to send file based transfer and transaction instructions over the internet. Secure Transport features multi-factor authenticators such as SecurID and digital certificates, and incorporates industry-standard encryption protocols. ¨ Automated ¨Automated Clearing House (ACH) State Street receives an automated transmission or a magnetic tape from a Client for the initiation of payment (credit) or collection (debit) transactions through the ACH network. The transactions contained on each transmission or tape must be authenticated by the Client. Clients using ACH must select one or more of the following delivery options: ¨ Global ¨Global Horizon Interchange Automated Clearing House Service Transactions are created on a microcomputer, assembled into batches and delivered to State Street via fully authenticated electronic transmissions in standard NACHA formats. ¨ Transmission ¨Transmission from Client PC to State Street Mainframe with Telephone Callback ¨ Transmission ¨Transmission from Client Mainframe to State Street Mainframe with Telephone Callback ¨ Transmission ¨Transmission from DST Systems to State Street Mainframe with Encryption ¨ Magnetic ¨Magnetic Tape Delivered to State Street with Telephone Callback ¨ Email with Enforced Transport Layer Security Combined with Telephone Callback Transport Layer Security is a communication method that allows clients to electronically deliver financial transaction instructions to State Street using an enforced (encrypted) connectionis hereby instructed to accept funds transfer instructions only via the delivery methods and security procedures indicated. The communication method features use of enforced network connections which include industry-standard transport layer cryptography to effect point-to-point encryption. Please note that such point-to-point encryption is performed at the domain level selected delivery methods and not at the individual user level or email gateway within the client’s security procedure(s) will be effective for payment orders initiated by our organization. Key Contact Information Whom shall we contact to implement your selection(s)? CLIENT OPERATIONS CONTACT ALTERNATE CONTACT Name Name Address Address City/State/Zip Code City/State/Zip Code Telephone confirmation will be used to verify transaction instructions received via email with enforced TLS. This procedure requires clients to designate individuals as authorized initiators and authorized verifiers. State Street will contact the client’s designees to authenticate instructions received by this method.Number Telephone Number Facsimile Number Facsimile Number SWIFT Number Telex Number FUNDS TRANSFER ADDENDUM INSTRUCTION(S)

Appears in 1 contract

Samples: Custodian Agreement (THL Credit, Inc.)

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FUNDS TRANSFER ADDENDUM. ¨ Instruct oInstruct Instruct is a State Street web-based application designed to provide internet-enabled remote access that allows for the capturing, verification and processing of various instruction types, including securities, cash and foreign exchange transactions. Instruct is designed using industry standard formats to facilitate straight-through processing. Instruct provides a number of security features through user entitlements, industry standard encryption protocols, digital security certificates and multiple tiers of user authentication requirements. ¨ Secure oSecure Transport Secure Transport is a file transfer application based upon the Secure File Transfer Protocol standard that is designed to enable State Street clients/ investment managers to send file based transfer and transaction instructions over the internet. Secure Transport features multi-factor authenticators such as SecurID and digital certificates, and incorporates industry-standard encryption protocols. ¨ Automated oAutomated Clearing House (ACH) State Street receives an automated transmission or a magnetic tape from a Client for the initiation of payment (credit) or collection (debit) transactions through the ACH network. The transactions contained on each transmission or tape must be authenticated by the Client. Clients using ACH must select one or more of the following delivery options: ¨ Global oGlobal Horizon Interchange Automated Clearing House Service Transactions are created on a microcomputer, assembled into batches and delivered to State Street via fully authenticated electronic transmissions in standard NACHA formats. ¨ Transmission oTransmission from Client PC to State Street Mainframe with Telephone Callback ¨ Transmission oTransmission from Client Mainframe to State Street Mainframe with Telephone Callback ¨ Transmission oTransmission from DST Systems to State Street Mainframe with Encryption ¨ Magnetic oMagnetic Tape Delivered to State Street with Telephone Callback ¨ Email with Enforced Transport Layer Security Combined with State Street is hereby instructed to accept funds transfer instructions only via the delivery methods and security procedures indicated. The selected delivery methods and security procedure(s) will be effective for payment orders initiated by our organization. Key Contact Information Whom shall we contact to implement your selection(s)? CLIENT OPERATIONS CONTACT ALTERNATE CONTACT Name Name Address Address City/State/Zip Code City/State/Zip Code Telephone Callback Transport Layer Security is Number Telephone Number Facsimile Number Facsimile Number SWIFT Number Telex Number FUNDS TRANSFER ADDENDUM INSTRUCTION(S) TELEPHONE CONFIRMATION Fund RMR Real Estate Income Fund Investment Adviser RMR Advisors, Inc. Authorized Initiators Please Type or Print Please provide a communication method that allows clients listing of Fund officers or other individuals who are currently authorized to electronically deliver financial transaction INITIATE wire transfer instructions to State Street using an enforced Street: NAME TITLE (encryptedSpecify whether position is with Fund or Investment Adviser) connection. The communication method features use SPECIMEN SIGNATURE Authorized Verifiers Please Type or Print Please provide a listing of enforced network connections which include industry-standard transport layer cryptography to effect point-to-point encryption. Please note that such point-to-point encryption is performed at the domain level and not at the individual user level Fund officers or email gateway within the client’s organization. Telephone confirmation other individuals who will be used CALLED BACK to verify transaction instructions received via email with enforced TLS. This procedure requires clients to designate individuals as authorized initiators the initiation of repetitive wires of $10 million or more and authorized verifiers. State Street will contact the client’s designees to authenticate instructions received by this method.all non-repetitive wire instructions: NAME CALLBACK PHONE NUMBER DOLLAR LIMITATION (IF ANY)

Appears in 1 contract

Samples: Custodian Agreement (RMR Real Estate Income Fund)

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