Common use of Redemption of Fund Shares Clause in Contracts

Redemption of Fund Shares. 5.1 Transfer of Funds. From such funds as may be available for the purpose in the relevant Fund Custody Account, and upon receipt of Proper Instructions specifying that the funds are required to redeem Shares of the Fund, the Custodian shall wire each amount specified in such Proper Instructions to or through such bank as the Trust may designate with respect to such amount in such Proper Instructions.

Appears in 7 contracts

Samples: Custody Agreement (Upright Investments Trust), Custody Agreement (Retirement Income Trust), Custody Agreement (Upright Investments Trust)

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Redemption of Fund Shares. 5.1 Transfer of Funds. From such funds as may be available for the purpose in the relevant Fund Custody Account, and upon receipt of Proper Instructions specifying that the funds are required to redeem Shares of the Fund, the Custodian shall wire each amount specified in such Proper Instructions to or through such bank as the Trust Corporation may designate with respect to such amount in such Proper Instructions.

Appears in 2 contracts

Samples: Custody Agreement (Camco Investors Fund), Custody Agreement (Pebblebrook Fund Inc)

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Redemption of Fund Shares. 5.1 Transfer of Funds. From such funds as may be available for the purpose in the relevant Fund Custody Account, and upon receipt of Proper Instructions specifying that the funds are required to redeem Shares of the Fund, the Custodian shall wire each amount specified in such Proper Instructions to or through such bank as the Trust Tocqueville Funds may designate with respect to such amount in such Proper Instructions.

Appears in 1 contract

Samples: Custody Agreement (Tocqueville Trust)

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