PAYMENTS FOR SALES OR REPURCHASES OR REDEMPTIONS OF SHARES. (a) The Custodian shall receive from the distributor of the Shares or from the Transfer Agent, as the case may be, and deposit into the account of the appropriate Fund such payments as are received for Shares, in Creation Unit aggregations, thereof issued or sold from time to time by the Fund. The Custodian will provide timely notification to the Fund on and the Transfer Agent of any receipt by it of payments for Shares of such Fund.
Appears in 3 contracts
Samples: Putnam ETF Trust, Putnam ETF Trust, Putnam ETF Trust
PAYMENTS FOR SALES OR REPURCHASES OR REDEMPTIONS OF SHARES. (a) The Custodian shall receive from the distributor of for the Shares or from the Transfer Agent, as the case may be, Agent and deposit into the Fund's account of the appropriate Fund such payments as are received for Shares, in Creation Unit aggregations, thereof Shares issued or sold from time to time by the Fund. The Custodian will provide timely notification to the Fund on and the Transfer Agent of any receipt by it of payments for Shares of such the Fund.
Appears in 2 contracts
Samples: Custodian Agreement (Fundamental Investors Inc), Global Custody Agreement (American Fund Insurance Series)
