Transaction Processing. All orders are subject to acceptance by us and by the Fund or its transfer agent, and become effective only upon confirmation by us. If required by law, each transaction shall be confirmed in writing on a fully disclosed basis and if confirmed by us, a copy of each confirmation shall be sent to you if you so request. All sales are made subject to receipt of shares by us from the Funds. We reserve the right in our discretion, without notice, to suspend the sale of shares of the Funds or withdraw the offering of shares of the Funds entirely. Orders will be effected at the price(s) next computed on the day they are received if, as set forth in the applicable Fund’s current Prospectus, the orders are received by us or an agent appointed by us or the Fund prior to the close of trading on the New York Stock Exchange, generally 4:00 p.m. eastern time (“Close of Trading”). Orders received after that time will be effected at the price(s) computed on the next business day. All orders must be accompanied by payment in U.S. Dollars. Orders payable by check must be drawn payable in U.S. Dollars on a U.S. bank, for the full amount of the investment. If you have entered into a FundSERV Agreement with us to effect transactions in Fund shares through FundSERV, you are hereby authorized to act on our behalf for the limited purpose of receiving purchase, exchange and redemption orders for Fund shares executed through FundSERV. You represent and warrant that all orders for the purchase, exchange or redemption of Fund shares transmitted to FundSERV for processing on or as of a given business day (Day 1) shall have been received by you prior to the Close of Trading on Day 1. Such orders shall receive the share price next calculated following the Close of Trading on Day 1 .You represent and warrant that orders received by you after the Close of Trading on Day 1 shall be treated by you and transmitted to FundSERV as if received on the next business day (Day 2). Such orders shall receive the share price next calculated following the Close of Trading on Day 2. You represent that you have systems in place reasonably designed to prevent orders received after the Close of Trading on Day 1 from being executed with orders received before the Close of Trading on Day 1.
Transaction Processing. 9.1 Except for such transactions for which a different process is set forth in Exhibit A, transactions will be processed in accordance with the EBT Standards. Transactions to which the EBT standards apply include, but are not limited to, account administration and reporting of customer class usage. Any changes in these standard transactions will be in accordance with the EBT Standards. Costs will be borne by the parties in accordance with Chapter 322. Archiving of data shall be per the EBT Standards or other applicable Precept. Timing and frequency of data transfers shall be in accordance with Exhibit A.
Transaction Processing. Client understands, acknowledges and agrees that all Orders, wherever originated, may be processed by AFEX, an entity of which may be located outside the country of Client. As such, all Orders, wherever originated, will be processed in accordance with the laws and regulations of the jurisdiction where the transaction is being processed, including but not limited to, those laws and regulations relating to anti-money laundering, anti-terrorism financing and foreign asset control.
Transaction Processing. Transfers Letters are received from shareholders or their designated representatives who wish to change the registration of an account. The most common types of transfers arise as a result of purchases through the broker/dealer. Others result from name changes due to divorce or death. Transfers involving guardianship or bankruptcy may be more complex. As with other transactions, it must first be determined if the requestor is authorized to act for the account and if the appropriate
Transaction Processing. All orders are subject to acceptance by us and by a Fund or its transfer agent, and become effective only upon confirmation by us. If required by law, each transaction shall be confirmed in writing on a fully disclosed basis and if confirmed by us, a copy of each confirmation shall be sent simultaneously to Dealer if Dealer so requests. All sales are made subject to receipt of shares by us from the Funds. We reserve the right in our discretion, without notice, to suspend the sale of shares or withdraw the offering of shares entirely. Dealer shall ensure that any orders submitted by you to a Fund for a particular trade date have been received by you prior to such Fund's cut-off time for orders, in each case in accordance with the terms and conditions sets forth in such Fund's prospectus and applicable provisions of the Investment Company Act of 1940, as amended ("Investment Company Act"), including Rule 22c-1 thereunder. In the event an order is received after such cut-off time, you shall ensure that such order is submitted in such a manner so that the order is priced in accordance with a Fund's prospectus and applicable provisions of the Investment Company Act, including Rule 22c-1. All orders must be paid by check or wire payable to the order of a Fund, which reserves the right to delay issuance or transfer of shares until such payment is available in investable Federal Funds. All orders must be drawn payable in U.S. dollars on a U.S. bank, for the full amount of the investment.
Transaction Processing. You understand that BB&T Securities may refuse, at its discretion, to process any transaction which You may wish to effect without liability to You for such action, and You agree to hold BB&T Securities harmless from any losses, costs or liabilities whatsoever from acts or omissions by BB&T Securities, as provided under this Account Agreement. However, nothing in this Account Agreement shall be construed as limiting BB&T Securities’ liability under the federal securities laws and any rules or regulations, thereunder.
Transaction Processing. Marketer will be responsible for invoicing all Ethanol marketed, receiving payments from customers, and paying freight and/or storage when necessary. Owner will be responsible for furnishing Marketer a report by 10:00 AM each workday of the previous day's shipments. Marketer will send to the customers invoices the same day as the report is received.
Transaction Processing. Each time you use your Card or Virtual Account, you authorize us to reduce the value available in the Master Account by the amount of the transaction and any applicable fees. You may not exceed the available amount in the Master Account through an individual transaction or a series of transactions. If any transaction(s) performed on the Master Account or any Subaccount exceeds the balance of the funds available on that account, you shall remain fully liable to us for the amount of the transaction(s) and any applicable transaction fee(s). You agree to pay us promptly for any negative balance on the Master Account or any Subaccount. If you have not added sufficient funds to the Master Account to cover a negative balance on the Master Account or any Subaccount within sixty (60) days of its creation, we have the right to cancel the Card Account, including any Subaccount. Additionally, we have the right to pursue collection, including the right to collect funds, equal to or less than the negative balance, from any other Card Account(s) related to the Customer’s business that you may have with us, including Subaccounts. In all instances described above, loads to the Master Account may be made via direct deposit or any of the other load methods described in this Agreement. If you do not have enough funds available in the Master Account, you can instruct the merchant, Internet service or other utility provider (a “Merchant”) to charge a part of the purchase to the Card and pay the remaining amount with cash or another payment method. These are called “split transactions.” Some Merchants do not allow cardholders to conduct split transactions. If you wish to conduct a split transaction and it is permitted by the Merchant, you must tell the Merchant to charge only the exact amount of funds available in the Master Account to the Card. You must then arrange to pay the difference using another payment method. Some Merchants may require payment for the remaining balance in cash. If you fail to inform the Merchant that you would like to complete a split transaction prior to swiping your Card, your Card is likely to be declined. If you use your Card at an automated fuel dispenser (“pay at the pump”), the Merchant may preauthorize the transaction amount up to $100.00 or more. If your Card is declined, even though you have sufficient funds available in the Master Account, you should pay for your purchase inside with the cashier. If you use your Card at a restaurant, a hotel,...
Transaction Processing. Customer transactions will be processed in accordance with the EBT Standards. These transactions include, but are not limited to, account administration, reporting of Customer usage and billing, remittance advice and reporting of Customer adjustments. Any changes in these standard transactions will be in accordance with the EBT Standards.