Common use of Payments for Shares Clause in Contracts

Payments for Shares. The Sub-Custodian shall receive from any distributor of the Fund's shares or from the Transfer Agent of the Fund and deposit into the Fund's account such payments as are received for shares of the Fund issued or sold from time to time by the Fund. The Sub-Custodian will provide timely notification to the Custodian, and the Transfer Agent of any receipt by it of payments for shares of the Fund.

Appears in 10 contracts

Samples: Custodian Agreement (Putnam Classic Equity Fund), Custodian Agreement (Putnam RetirementReady Funds), Custodian Agreement (Th Lee Putnam Investment Trust)

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Payments for Shares. The Sub-Custodian shall receive from any the distributor of for the Fund's shares Shares or from the Transfer Agent of the Fund and deposit into the Fund's account such payments as are received for shares Shares of the Fund issued or sold from time to time by the Fund. The Sub-Custodian will provide timely notification to the Custodian, Corporation and the Transfer Agent of any receipt by it of payments for shares Shares of the Fund.

Appears in 1 contract

Samples: Marshall Funds Inc

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