Common use of Shareholder Data Clause in Contracts

Shareholder Data. (1) Company acknowledges that Financial Intermediaries, not BNYM, provide the Shareholder Data, that Company’s access to the Shareholder Data through use of the 22c-2 System is dependent upon delivery of the Shareholder Data by the Financial Intermediaries, and that BNYM is not responsible or liable in any manner for any act or omission by a Financial Intermediary with respect to the delivery of Shareholder Data. Company also acknowledges that Financial Intermediaries may deliver Shareholder Data which modifies Shareholder Data previously delivered or may refuse to provide Shareholder Data and that BNYM is not responsible or liable in any manner for any such modification of Shareholder Data or any such refusal to deliver Shareholder Data. (2) BNYM shall be obligated to receive and input into the Company Database only that Shareholder Data which has been delivered by a Financial Intermediary through the facilities maintained for such purpose by the NSCC or through the internal communications links provided in the 22c-2 System (“Designated Methods”).

Appears in 2 contracts

Sources: Transfer Agency Agreement (Baillie Gifford Institutional Trust), Transfer Agency Agreement (Baillie Gifford Funds)

Shareholder Data. (1) Company acknowledges that Financial Intermediaries, not BNYM, provide the Shareholder Data, that Company’s 's access to the Shareholder Data through use of the 22c-2 System is dependent upon delivery of the Shareholder Data by the Financial Intermediaries, and that BNYM is not responsible or liable in any manner for any act or omission by a Financial Intermediary with respect to the delivery of Shareholder Data. Company also acknowledges that Financial Intermediaries may deliver Shareholder Data which modifies Shareholder Data previously delivered or may refuse to provide Shareholder Data and that BNYM is not responsible or liable in any manner for any such modification of Shareholder Data or any such refusal to deliver Shareholder Data. (2) BNYM shall be obligated to receive and input into the Company Database only that Shareholder Data which has been delivered to BNYM or the 22c-2 System by a Financial Intermediary through in an Approved File (as defined at Section 3(a)(16)(C)(vi) of the facilities maintained for such purpose by the NSCC or through the internal communications links provided in the 22c-2 System (“Designated Methods”Main Agreement).

Appears in 2 contracts

Sources: Transfer Agency and Shareholder Services Agreement (Aquila Funds Trust), Transfer Agency and Shareholder Services Agreement (Cascades Trust)