Common use of Reliance by Transfer Agent; Instructions Clause in Contracts

Reliance by Transfer Agent; Instructions. (a) Provided the standard of care in Section 14 has been met, the Transfer Agent will have no liability when acting upon Written or Oral Instructions believed to have been executed or orally communicated by an Authorized Person and will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from a Fund pursuant to Section 4(c). Provided the standard of care in Section 14 has been met, the Transfer Agent will also have no liability when processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of a Fund and the proper countersignature of the Transfer Agent.

Appears in 4 contracts

Samples: Combined Transfer Agency and Registrar Agreement (Munder at Vantage Fund), Combined Transfer Agency and Registrar Agreement (Munder Series Trust), Combined Transfer Agency and Registrar Agreement (Munder Framlington Funds Trust)

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Reliance by Transfer Agent; Instructions. (a) Provided the standard of care in Section 14 13 has been met, the Transfer Agent will have no liability when acting upon Written or Oral Instructions believed to have been executed or orally communicated by an Authorized Person and will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from a Fund pursuant to Section 4(c). Provided the standard of care in Section 14 13 has been met, the Transfer Agent will also have no liability when processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of a Fund and the proper countersignature of the Transfer Agent.

Appears in 3 contracts

Samples: Transfer Agency and Registrar Agreement (Munder Series Trust), Transfer Agency and Registrar Agreement (Munder Series Trust Ii), Transfer Agency and Registrar Agreement (Munder Series Trust)

Reliance by Transfer Agent; Instructions. (a) Provided the standard of care in Section 14 13 has been met, the Transfer Agent will have no liability when acting upon Written or Oral Instructions believed to have been executed or orally communicated by an Authorized Person and will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from a the Fund pursuant to Section 4(c). Provided the standard of care in Section 14 13 has been met, the The Transfer Agent will also have no liability when processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of a the Fund and the proper countersignature of the Transfer Agent.

Appears in 2 contracts

Samples: Transfer Agency and Registrar Agreement (Munder Funds Trust), Transfer Agency and Registrar Agreement (St Clair Funds Inc)

Reliance by Transfer Agent; Instructions. (a) Provided the standard of care in Section 14 13 has been met, the Transfer Agent will have no liability when acting upon Written or Oral Instructions believed to have been executed or orally communicated by an Authorized Person and will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from a Fund the Company pursuant to Section 4(c). Provided the standard of care in Section 14 13 has been met, the The Transfer Agent will also have no liability when processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of a Fund the Company and the proper countersignature of the Transfer Agent.

Appears in 1 contract

Samples: Exhibit 99 (St Clair Funds Inc)

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Reliance by Transfer Agent; Instructions. (a) Provided the standard of care in Section 14 13 has been met, the Transfer Agent will have no liability when acting upon Written or Oral Instructions believed to have been executed or orally communicated by an Authorized Person and will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from a Fund the Company pursuant to Section 4(c). Provided the standard of care in Section 14 13 has been met, the Transfer Agent will also have no liability when processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of a Fund the Company and the proper countersignature of the Transfer Agent.

Appears in 1 contract

Samples: Agency and Registrar Agreement (St Clair Funds Inc)

Reliance by Transfer Agent; Instructions. (a) Provided the standard of care in Section 14 13 has been met, the Transfer Agent will have no liability when acting upon Written or Oral Instructions believed to have been executed or orally communicated by an Authorized Person and will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from a Fund the Trust pursuant to Section 4(c). Provided the standard of care in Section 14 13 has been met, the Transfer Agent will also have no liability when processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of a Fund the Trust and the proper countersignature of the Transfer Agent.

Appears in 1 contract

Samples: Agency and Registrar Agreement (Munder Framlington Funds Trust)

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