Common use of Suspension of Sale of Shares Clause in Contracts

Suspension of Sale of Shares. Private Trust or its agent shall not be required to issue any Shares of a Fund where it has received a Written Instruction from the Fund or official notice from any appropriate authority that the sale of the Shares of the Fund has been suspended or discontinued. The existence of such Written Instructions or such official notice shall be conclusive evidence of the right of Private Trust or its agent to rely on such Written Instructions or official notice.

Appears in 25 contracts

Samples: Transfer Agency and Services Agreement (Citifunds Multi State Tax Free Trust), Transfer Agency and Services Agreement (Citifunds Multi State Tax Free Trust), Transfer Agency and Services Agreement (Citifunds International Trust)

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