Investment Processing Sample Clauses

Investment Processing. You must complete all investment transactions, including all communications and instructions, through your HSA website account. You may use your HSA website account to place orders for the purchase and sale of mutual funds or other investments we make available. You hereby authorize and direct us to accept such investment instructions from your HSA website account, to pay for mutual fund share purchases from your HSA, and to transfer proceeds from the sale of mutual fund shares to your Cash Account. Investment instructions that require the movement of cash to or from your Cash Account, which includes auto- investment transfers or one-time transfers, will be processed the Business Day following the Business Day investment instructions are submitted on your HSA website account. Investment instructions that do not require the movement of cash to or from your Cash Account, (such as investment election changes, realigning your portfolio or scheduling an automatic-realignment of your portfolio) will be processed on the same Business Day if received prior to Close of Market. Any instructions received after Close of Market, will be processed within one

Investment Processing. 1. Initial and subsequent investments by checks, Fed wire, or Automated Clearing House ("ACH").

Investment Processing. A. Establish and maintain Rights of Accumulation and Letter of Intent files.

Investment Processing. 1. Initial investment

Investment Processing. The parties understand that errors happen in processing a retirement plan’s transactions. It is AdvisorTrust’s policy that utmostcare be taken in the handling and execution of trade orders and other transactions. However, errors may occur, including: • orders in amounts in excess of, or less than, the amount AdvisorTrust was Instructed to trade; • orders to sell or redeem an Investment when it should have been purchased; • orders to purchase an Investment when it should have been sold or redeemed; • orders for the wrong Investment; or • orders contrary to investment restrictions, limitations, or investment policies. In correcting errors, the following principles apply: • For a single error caused by a Person other than AdvisorTrust, AdvisorTrust may seek reimbursement or monetary compensation from the service provider or other Person that caused the error, in an effort to minimize any loss. In determining the appropriate action to be taken, AdvisorTrust may take into account the limitations placed upon its staff and other resources in connection with providing services to the affected plans on an ongoing basis, as well as other operating responsibilities. The determination of the action, if any, to be taken in connection with any such error may be made on a case-by-case basis. • For any single error caused by AdvisorTrust that results in a loss, AdvisorTrust will generally attempt to correct such error and to place the Plan in the same position as it would have been in but for the error. AdvisorTrust will bear the costs, expenses, or losses associated with such an error. • For any single error caused by AdvisorTrust that results in a gain, AdvisorTrust will generally retain such gains as a component of AdvisorTrust’s compensation for transaction processing services, including AdvisorTrust’s agreement to make the Plan whole for any losses associated with AdvisorTrust’s errors. • For multiple errors caused by AdvisorTrust that result in a mix of losses and gains to the Plan, AdvisorTrust will generally attempt to correct such errors and to put the Plan in the same position as it would have been in but for the errors. In correcting such errors, AdvisorTrust may net any gains against the costs, expenses, and other losses of correcting the errors and losses to the Plan. To the extent that any such costs, expenses, and losses exceed any such gains, AdvisorTrust bears the excess costs, expenses, and losses associated with the error correction. However, AdvisorTru...

Investment Processing. ‌ The parties understand that errors happen in processing a retirement plan’s transactions. It is PCS’s policy that utmost care be taken in the handling and execution of trade orders and other transactions. However, errors may occur, including: • orders in amounts in excess of, or less than, the amount PCS was Instructed to trade; • orders to sell or redeem an Investment when it should have been purchased; • orders to purchase an Investment when it should have been sold or redeemed; • orders for the wrong Investment; or • orders contrary to investment restrictions, limitations, or investment policies. In correcting errors, the following principles apply: • For a single error caused by a Person other than PCS, PCS may seek reimbursement or monetary compensation from the service provider or other Person that caused the error, in an effort to minimize any loss. In determining the appropriate action to be taken, PCS may take into account the limitations placed upon its staff and other resources in connection with providing services to the affected plans on an ongoing basis, as well as other operating responsibilities. The determination of the action, if any, to be taken in connection with any such error may be made on a case-by-case basis. • For any single error caused by PCS that results in a loss, PCS will generally attempt to correct such error and to place the Plan in the same position as it would have been in but for the error. PCS will bear the costs, expenses, or losses associated with such an error. • For any single error caused by PCS that results in a gain, PCS will generally retain such gains as a component of PCS’s compensation for transaction processing services, including PCS’s agreement to make the Plan whole for any losses associated with PCS’s errors. • For multiple errors caused by PCS that result in a mix of losses and gains to the Plan, PCS will generally attempt to correct such errors and to put the Plan in the same position as it would have been in but for the errors. In correcting such errors, PCS may net any gains against the costs, expenses, and other losses of correcting the errors and losses to the Plan. To the extent that any such costs, expenses, and losses exceed any such gains, PCS bears the excess costs, expenses, and losses associated with the error correction. However, PCS will not net gains against the costs and expenses of correcting the errors and losses across multiple plans. These principles provide general guidance. Exce...