Common use of Investment Directions Clause in Contracts

Investment Directions. The parties agree that the Transfer Agent shall have no investment responsibility or liability for the selection of investments made by Employers or Participants with respect to any SIMPLE IRAs. The Transfer Agent will accept investment directions from Participants regarding their SIMPLE XXX. Employers of the SIMPLE IRAs shall deliver directions to Transfer Agent regarding the investment of the SIMPLE IRAs' assets for which no Participant directions are received or where implementing Participant directions is administratively infeasible.

Appears in 9 contracts

Samples: Agency and Service Agreement (IXIS Advisor Funds Trust II), Transfer Agency and Service Agreement (IXIS Advisor Cash Management Trust), Transfer Agency and Service Agreement (IXIS Advisor Funds Trust I)

AutoNDA by SimpleDocs

Investment Directions. The parties agree that the Transfer Agent shall have no investment responsibility or liability for the selection of investments made by Employers Employers, Participants or broker/dealers on behalf of Participants with respect to any SIMPLE IRAs. The Transfer Agent will accept investment directions from Participants regarding their SIMPLE XXXfrom: (i) Employers; (ii) Participants; and (iii) a Participant’s broker/dealer of record. Employers of the SIMPLE IRAs shall deliver directions to Transfer Agent regarding the investment of the SIMPLE IRAs' assets for which no Participant directions are received or where implementing Participant directions is administratively infeasible.

Appears in 8 contracts

Samples: Transfer Agency and Service Agreement (Natixis Funds Trust II), Transfer Agency and Service Agreement (Gateway Trust), Transfer Agency and Service Agreement (Loomis Sayles Funds I)

AutoNDA by SimpleDocs

Investment Directions. The parties agree that the Transfer Agent shall have no investment responsibility or liability for the selection of investments made by Employers or Participants with respect to any SIMPLE IRAs. The Transfer Agent will accept investment directions from Participants regarding their SIMPLE XXX. Employers of the SIMPLE IRAs shall deliver directions to Transfer Agent regarding the investment of the SIMPLE IRAs' assets for which no Participant directions are received or where implementing Participant directions is administratively infeasible.

Appears in 2 contracts

Samples: Transfer Agency and Service Agreement (Gateway Trust), Transfer Agency and Service Agreement (Hansberger International Series)

Time is Money Join Law Insider Premium to draft better contracts faster.