Common use of Sale of Fund Shares Clause in Contracts

Sale of Fund Shares. (1) On receipt of an application and payment, wired instructions and payment, or payment identified as being for the account of a shareholder, the Transfer Agent will deposit the payment, prepare and present the necessary report to the Custodian and record the purchase of shares in a timely fashion in accordance with the terms of the Fund's prospectus. All shares shall be held in book entry form and no certificate shall be issued unless the Fund is permitted to do so by its prospectus and the purchaser so requests.

Appears in 83 contracts

Samples: Transfer Agency Agreement (Ids Strategy Fund Inc), Transfer Agency Agreement (Ids California Tax Exempt Trust), Transfer Agency Agreement (Ids New Dimensions Fund Inc)

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Sale of Fund Shares. (1) On receipt of an application and payment, wired instructions and payment, or payment identified as being for the account of a shareholder, the Transfer Agent will deposit the payment, prepare and present the necessary report to the Custodian and record the purchase of shares in a timely fashion in accordance with the terms of the Fund's prospectus. All shares shall be held in book entry form and no certificate shall be issued unless the Fund is permitted to do so by its the prospectus and the purchaser so requests.

Appears in 17 contracts

Samples: Transfer Agency Agreement (Strategist World Fund Inc), Page 1 Transfer Agency Agreement (Ids Tax Free Money Fund Inc), Page 1 Transfer Agency Agreement (Ids Managed Retirement Fund Inc)

Sale of Fund Shares. (1) On receipt of an application and payment, wired instructions and payment, or payment identified as being for the account of a shareholder, the Transfer Agent will deposit the payment, prepare and present the necessary report to the Custodian and record the purchase of shares in a timely fashion in accordance with the terms of the a Fund's prospectus. All shares shall be held in book entry form form, and no certificate shall be issued unless the Fund is Funds are permitted to do so by its the prospectus and the purchaser so requests.

Appears in 15 contracts

Samples: Transfer Agency Agreement (Axp Discovery Series Inc), Transfer Agency Agreement (Axp Strategy Series Inc), Transfer Agency Agreement (Axp Dimensions Series Inc)

Sale of Fund Shares. (1) On receipt of an application and payment, wired instructions and payment, or payment identified as being for the account of a shareholder, the Transfer Agent will deposit the payment, prepare and present the necessary report to the Custodian and record the purchase of shares in a timely fashion in accordance with the terms of the respective Fund's prospectus. All shares shall be held in book entry form and no certificate shall be issued unless the Fund is permitted to do so by its prospectus and the purchaser so requests.

Appears in 14 contracts

Samples: Transfer Agency Agreement (Axp Global Series Inc), Transfer Agency Agreement (Ids Strategy Fund Inc), Transfer Agency Agreement (Ids Market Advantage Series Inc)

Sale of Fund Shares. (1) On receipt of an application and payment, wired instructions and payment, or payment identified as being for the account of a shareholder, the Transfer Agent will deposit the payment, prepare and present the necessary report to the Custodian and record the purchase of shares in a timely fashion in accordance with the terms of the Fund's prospectus. All shares shall be held in book entry form form, and no certificate shall be issued unless the Fund is permitted to do so by its the prospectus and the purchaser so requests.

Appears in 14 contracts

Samples: Transfer Agency Agreement (Axp Money Market Series Inc), Transfer Agency Agreement (Axp Fixed Income Series Inc), Transfer Agency Agreement (Axp High Yield Tax-Exempt Series Inc)

Sale of Fund Shares. (1) On receipt of an application and payment, wired instructions and payment, or payment identified as being for the account of a shareholder, the Transfer Agent will deposit the payment, prepare and present the necessary report to the Custodian and record the purchase of shares in a timely fashion in accordance with the terms of the Fund's prospectus. All shares shall be held in book entry form form, and no certificate shall be issued unless the Fund is permitted to do so by its prospectus and the purchaser so requests.

Appears in 10 contracts

Samples: Transfer Agency Agreement (Axp Growth Series Inc/Mn), Class I Shares Transfer Agency Agreement (Axp Discovery Series Inc), Transfer Agency Agreement (Axp Growth Series Inc/Mn)

Sale of Fund Shares. (1) On receipt of an application and payment, wired instructions and payment, or payment identified as being for the account of a shareholder, the Transfer Agent will deposit the payment, prepare and present the necessary report to the Custodian and record the purchase of shares in a timely fashion in accordance with the terms of the Fund's prospectus. All shares shall be held in book entry form form, and no certificate shall be issued unless the Fund is Funds are permitted to do so by its prospectus and the purchaser so requests.

Appears in 2 contracts

Samples: Transfer Agency Agreement (Axp Partners International Series Inc), Transfer Agency Agreement (Axp Partners Series Inc)

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Sale of Fund Shares. (1) On receipt of an application and payment, wired instructions and payment, or payment identified as being for the account of a shareholder, the Transfer Agent will deposit the payment, prepare and present the necessary report to the Custodian and record the purchase of shares in a timely fashion in accordance with the terms of the Fund's prospectus. All shares shall be held in book entry form form, and no certificate shall be issued unless the Fund is are permitted to do so by its the prospectus and the purchaser so requests.

Appears in 1 contract

Samples: Transfer Agency Agreement (Axp Discovery Series Inc)

Sale of Fund Shares. (1) On receipt of an application and payment, wired instructions and payment, or payment identified as being for the account of a shareholder, the Transfer Agent will deposit the payment, prepare and present the necessary report to the Custodian and record the purchase of shares in a timely fashion in accordance with the terms of the Fund's Funds prospectus. All shares shall be held in book entry form and no certificate shall be issued unless the Fund is permitted to do so by its prospectus and the purchaser so requests.

Appears in 1 contract

Samples: Transfer Agency Agreement (Axp Global Series Inc)

Sale of Fund Shares. (1) On receipt of an application and payment, wired instructions and payment, or payment identified as being for the account of a shareholder, the Transfer Agent will deposit the payment, prepare and present the necessary report to the Custodian (as that term is defined in the Custodian Agreement of each date herewith) and record the purchase of shares in a timely fashion in accordance with the terms of the respective Fund's prospectusProspectus. All shares shall be held in book entry form and no certificate shall be issued unless the applicable Fund is permitted to do so by its prospectus current Prospectus and the purchaser so requests.

Appears in 1 contract

Samples: Page 1 Transfer Agency Agreement (Ids Global Series Inc)

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